Posted on Dec 15, 2014
Is our national debt a threat to our national security? Why?
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Our country is in debt nearly $18 Trillion, and the US owes $6 Trillion to other foreign countries. I wonder if we're vulnerable to the lenders to a point where they could disrupt or cripple our economy and markets. Are we bank rolling China's military while ours is being reduced and defunded. Can I debt be leveraged against us in a power struggle with nations? What do you all think?
http://www.davemanuel.com/us-national-debt-clock.php
http://www.davemanuel.com/us-national-debt-clock.php
Security
Country
Defense
Posted >1 y ago
Responses: 5
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Absolutely! This threat has been going on for approximately three decades. I remember reading an article back in the 1980's about Japan buying off our debt and whether or not that is considered a risk to our national security. Today, it's the Chinese buying off our debt. With a Debt of $18 Trillion and the Communist Chinese investing in the US, it's definitely a threat to our national security.
All seriousness aside, Our country's situation may result into doing something as dire as to the plot Americathon 1998, LOL!
http://www.imdb.com/title/tt0078766/
All seriousness aside, Our country's situation may result into doing something as dire as to the plot Americathon 1998, LOL!
http://www.imdb.com/title/tt0078766/
Directed by Neal Israel. With John Ritter, Harvey Korman, Fred Willard, Chief Dan George. In a story told in narrative flashbacks, a young TV consultant is hired by the President of a bankrupt USA to organize a telethon in order to prevent the country from being repossessed by wealthy Native Americans.
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I would say yes it is. the fact a foreign nation owns our debt ( china for example owns 8% of Americas total debt) creates a type of persona that we can neither control our own futures and that "Americas for sale"
http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm
http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm
How Much U.S. Debt Does China Own?
Find out how much U.S. debt China really owns. See what other foreign governments hold in American government-backed securities and investments.
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Yes, we are very vulnerable. Google the term "Hyperinflation" and then google Germany after WWI and, more recently, Chile.
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