Posted on Dec 15, 2014
SFC Michael Jackson, MBA
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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
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Responses: 5
SGT Field Service Engineer
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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/
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SPC Phillip Ludlow
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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
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Cpl Mark McMiller
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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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