U.S. Debt Clock Running Out of Time, Space

[JPPT1974]

It is like we are running out of money and fast!

 

[Norseman]

LOL ok let's not fight...cuz fightin ain't fun...let's just have a cup of coffee and relax...

I hope it turns out that way. IIRC, China has most of our debt. They have nukes too.

 

[Letalis]

LOL ok let's not fight...cuz fightin ain't fun...let's just have a cup of coffee and relax...

I like tea.

 

[Illuminatus]

and what happens if all the people that have loaned this money to the US government decided not to roll over this debt and call for collection???

Bush will call them terrorists, say they hate freedom, and bomb the living hell out of them.

 

[Futuwwa]

A debt of $74,000 per family in 2000, when the foreign debt was "only" 5,7 (American) trillions? Which means, about $130,000 per family when the meter gets breached (assuming constant number of families). I can only think of what a ludicrous amount of money is simply lost to interest. And I thought my country had an awkward national debt...

When investors and banks stop lending money to the US, all hell will break loose, and the state go bankrupt. Inability to change and adapt is what has brought down many great powers of the past, especially when combined with complacency and applying old solutions to new challenges and problems.