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Cut all foreign aid permanently. In fact, full reverse. They have to pay it back with interest. Or else.WHComment
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You realize the US owes a few TRILLION dollars to various foreign governments, right? You give some, you take some.Originally posted by Gasser64 View PostComment
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No the fed does, and you do realize the federal reserve bank isn't the US right?Originally posted by TX_92_Notch View PostComment
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PROMISE KEPTComment
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The majority of the debt is held domestically. We also have to power to tell our debtors to go fuck themselves if we get pissed off enough. What exactly do you think they would do to collect? Invade us?Originally posted by TX_92_Notch View Post
Edit: I meant to say lenders not debtors.Last edited by svauto-erotic855; 12-22-2017, 10:39 AM.Magnus, I am your father. You need to ask your mother about a man named Calvin Klein.Comment
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Mostly held as government bonds with strict terms for repayment. So you could demand immediate payment but you'll lose money doing so because you are breaking the agreement. Not only that but the bonds are payable in US currency so if you do demand payment we'd have to print more money to cover them, making your payment worth considerably less.Originally posted by svauto-erotic855 View Post
I suppose a country could try to seize foreign held assets or get the UN to sanction us somehow but those countries tend to have civil wars or military coups shortly afterward for some reason.Comment
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