the world has america by the balls.

[dooseyboy]

America's government is in little over 10 trillion dollars in debt.
China holds about 1.3 trillion of it literally having america by the balls.
along with switzerland and Australia.
when america has almost fully crashed every single country will buy all your land and you will all be destroyed.
personally i think its a grand investment oportunity.
i feel sorry for those people who are suffering.
im gonna be rich!
discuss.
what has americas government been investing in?

i know it i just want other people to say it.

[dySWN]

At 9/16/08 10:58 PM, dooseyboy wrote: what has americas government been investing in?

The world's most powerful military. That way, we don't need to worry about other countries taking our land like you seem to think they will.

[Rideo]

As long as America stays on top as a military superpower it doesn't have to worry about it's debt.

[dooseyboy]

yes you're right the money is all spent on MILITAIRY.
ha
the people would be so poor they need to sell there houses and people from arounds the world will buy those houses.
that is how the world will take over" if you understand

[riemannSum]

This is especially funny since most of the world's currency is based off of the U.S.'s. So when they try to bring down our economy they only destroy theirs. Which is why they've done it already right?

Try thinking through your shit. The U.S. is far too much of a player in the global market, we prop up too many countries economies ourselves to be crushed by anything.

It's mostly China which has a hold of our debt. Do we care? I think not. Watch what happens if China tries to take us down; not only will they collapse far worse than us, they'll bring down most of the world with us.

It's like the cause of WWII, just with currencies and economies.

[dooseyboy]

you are right.
thats why my history calls was talking about it today because the great depression was a side effect of ww1 and that is helped to start ww2.
anyway im gonna consult my teacher and see what he thinks.

[SadisticMonkey]

At 9/16/08 10:58 PM, dooseyboy wrote:

China holds about 1.3 trillion of it literally having america by the balls.

Literally? I think someone needs a dictionary.

[kipper456]

australia is feeling the sub prime crisis

we have alot of money invested in america

we would never use it to our advantage because the number one hing we want is our money not power. I would say china is in a similar situation. we are all praying that there wont b recession but the sad truth is there will be and as such everyone that has money invested in america is in just as bad position as america

oh and you do have a bigger army :)

[ThePretenders]

At 9/16/08 10:58 PM, dooseyboy wrote: America's government is in little over 10 trillion dollars in debt.

Relative my friend. Of course the US public debt will be the highest in absolute terms but is because they are the largest economy in the world.
US public debt: 60.8% of GDP (2007 est.)

CIA Factbook

But relatively, the US Debt is lower than Canada, Belgium, Singapore, Italy, France, Germany

List of public debt

Most of the debt is held by Only 25% of the debt is held by foreign governments. The largest holder of debt was the U.S. government itself, with about 52% of the debt.

Even if China were to sell all its securites, the value of the US dollar will fall and damage Chinese exports.

I think you need to read an economics book and a maths book too.

[Der-Lowe]

The world has the world by the balls.

[poxpower]

At 9/16/08 10:58 PM, dooseyboy wrote: when america has almost fully crashed every single country will buy all your land and you will all be destroyed.

The sad thing is that I don't think you're joking.

[JudgeDredd]

At 9/17/08 06:49 AM, Der-Lowe wrote: The world has the world by the balls.

I heard the Feds are offering new insurance cover against global financial collapse. ; )

[MultiCanimefan]

The truth is, no country can stand on it's own for very long, lest they be looked down upon by the rest of the world's nations who've invested. If America falls, the majority of the world falls with it. If EVERY other country stopped exporting to America and relied on everyone but America, it will eventually fall. Not that this will ever happen, because the U.S. has dabbled in just about every country.

[Idiot-Finder]

At 9/16/08 10:58 PM, dooseyboy wrote: .
i feel sorry for those people who are suffering.
im gonna be rich!
discuss.

Found one

[Eoewe]

Despite being in debt, America is still a world power and regularly imposes its will upon lesser countries. If anything America is the holder of the balls. Big, sweaty balls.

[Der-Lowe]

At 9/17/08 06:39 AM, ThePretenders wrote: I think you need to read an economics book and a maths book too.

A very complete and interesting post, but the last line was mean :(

At 9/17/08 09:43 AM, JudgeDredd wrote: I heard the Feds are offering new insurance cover against global financial collapse. ; )

LOL

Also, what I had meant by the world has the world by its balls is that all countries are interrelated, so crisis of country Z always affect country A.

Mexico had the world by its balls, the Asians too, Russia, etc.

[Proteas]

At 9/17/08 12:19 AM, dooseyboy wrote: the people would be so poor they need to sell there houses and people from arounds the world will buy those houses.

How is somebody buying my house going to topple the world's largest superpower, destroy the constitution, and overthrow the military?

Go eat a Vegemite sandwich and shut the fuck up.

[ps2gamer72450]

I still don't like whats going on in this country. Everythings so fucked up, im moving to Germay, where my ancestors were from.

[ViolentAJ]

We're not on top militarily when it comes to technology. Russia has the edge in air power as well as military efficiency. A multicultural society cannot expect to survive a battle with a cohesive unit. We cannot even get along with each other (at least Blacks and non-Blacks), and Blacks ar about 13% of the US population.

[Kasualty]

At 9/17/08 04:35 AM, SadisticMonkey wrote:
Literally? I think someone needs a dictionary.

I lol'd.

[ViolentAJ]

At 9/17/08 03:51 PM, Jezuz wrote:

Russians are racists, I know. However, there are few Blacks in their military. Our military has many Blacks, hispanics, etc. in it that generally cannot get along and act as a cohesive unit. Russians are pretty much all white (with a few mongoloids sprinkled in). They can at least fight together as a unit.

At 9/17/08 02:57 PM, ViolentAJ wrote: We're not on top militarily when it comes to technology. Russia has the edge in air power as well as military efficiency. A multicultural society cannot expect to survive a battle with a cohesive unit. We cannot even get along with each other (at least Blacks and non-Blacks), and Blacks ar about 13% of the US population.

You act as if there's no racism in Russia too, which is so far from the truth. Russians are some of the most racist people on Earth, especially towards their own kind. Besides, the Russian military is a joke.

[Kasualty]

At 9/17/08 04:20 PM, ViolentAJ wrote:
Russians are racists, I know. However, there are few Blacks in their military. Our military has many Blacks, hispanics, etc. in it that generally cannot get along and act as a cohesive unit. Russians are pretty much all white (with a few mongoloids sprinkled in). They can at least fight together as a unit.

I'm pretty sure they'll put their racial differences aside when there are thousands of bullets rushing past their heads.

[Saruman200]

Wow, how someone managed to bring racism into this is amazing... As far as I know, racism doesn't effect military effectiveness at all. But then again, the person who said Russia was racist is just as stupid... There are a bunch of neo-facist groups that are racist, yes, but do you have any evidence whatsoever that Russia is any more racist than the United States? And of course, civil rights activists disagree. If Russia is one of the most racist countries on earth because of it's racist organizations, then the US must be the most racist because of the KKK. Don't make bullshit generalizations based on a fraction of the population.

[TheMason]

At 9/17/08 02:57 PM, ViolentAJ wrote: We're not on top militarily when it comes to technology. Russia has the edge in air power as well as military efficiency.

What? Absolutely not true. Russia may have quantitative lead...but nowhere near our quality which is a force multiplier.

They do not have the AWACS (Airborne Warning And Control Sys) that the US has that allows for US supremacy in the air and domination when it comes to tactical airpower in support of ground units. Furthermore, we have better stealth technology, missiles and radar.

Finally, Russia does not have the strategic airpower that the US has. Most of their long-range bombers are still propeller driven (they do have a B-1B spin-off)...much less a B-2 type capability.

So no...Russia does not have the airpower edge.

[Lucifer-morningstar]

Anyone else see our national debt as nothing more than two children yelling "you now owe me eleventy-billion dollars" at each other?

[LazyDrunk]

This whole thing was over after the first reply.

[Musician]

Not to say that the OP is correct, but all of you have missed the point. The OP is referring to an economic take over, not a military take over. For example:

when the US falls from it's position as the sole world power (it will happen eventually don't deny it), many countries invested in the US will no longer have much of a reason to keep the US consumer machine operating, and they'll call in their debt. Seeing as we're about 10 trillion in debt, even if the world only calls in 25% of that debt it's still 2.5 trillion dollars which is not chump change. The US government needing to pay off the debt somehow will turn to their only source of money: The american people.

Large taxes will have to be instated in order to pay off the debt to the rest of the world, taking trillions of dollars out of circulation and most likely causing a nation wide economic collapse. Desperate citizens will then turn to selling their assets to citizens of foreign countries.

That's how I interpreted his argument anyways. Once again, I'm not neccisarily siding with the OP, but I felt the need to clarify what he was saying to rebutt idiots who are asking how a foreign country might "overturn the constitution" and such.

[cellardoor6]

At 9/16/08 10:58 PM, dooseyboy wrote: America's government is in little over 10 trillion dollars in debt.
China holds about 1.3 trillion of it literally having america by the balls.

You just made that up off the top of your head.

Take a gander:

Of the debt the US has that is owed to foreign countries ($2.676 trillion), China accounts for only 19%.

China owns $518 billion of US debt, out of $10 trillion national debt ($9.6 trillion, but let's round up) that would only be about 1/20th, or about 5% of our debt.

As has been shown already, most US debt is owed to entities within the US itself anyway.

when america has almost fully crashed every single country will buy all your land and you will all be destroyed.

Long before America "fully crashed" the entire world economy would have collapsed, including that of your own country.

The world economy directly depends on the well being of the US. The recent downturn in the US economy has caused a recession in the European Union, and the very real risk of recessions in Canada and Australia... your country. By rooting for the downfall of the US you're rooting against yourself.

[cellardoor6]

At 9/17/08 06:42 PM, Musician wrote: Not to say that the OP is correct, but all of you have missed the point. The OP is referring to an economic take over, not a military take over. For example:

when the US falls from it's position as the sole world power (it will happen eventually don't deny it), many countries invested in the US will no longer have much of a reason to keep the US consumer machine operating

Um what?

No longer being the technical sole world super power does not mean that the position of the US and the stake and share it has in the world economy will automatically be replaced. Even if/when China surpasses the US in GDP, it's not some silver bullet against the US economy. The US will still have significant influence on the world economy and countries will still be dependent on the performance of the US economy. Then you have to consider how much of China's economy depends on the US as well.

The global economy cannot switch in the blink of an eye. It would take decades and decades, long past the point in time where a country like China replaces the US as the largest economy.

they'll call in their debt.

They can't "call in" the debt. They can sell off their holdings in the US on the open market, and the US (public or private) may or may not purchase them. This would cause problems and major devaluation of the US dollar, but it's hard to imagine everyone doing it at the same time to facilitate a total collapse, but even if they did, it wouldn't only cause problems for the US, it would cause problems for themselves. It would be suicide for them because almost everything in the world is pegged to the US dollar, and the US dollar is by far the world's premier reserve currency. Selling it off would cause a global crisis, not just a crisis for the US.

Seeing as we're about 10 trillion in debt

Only about $2.7 trillion of which is owed to foreign countries.

even if the world only calls in 25% of that debt

You mean 25% of what they hold.

it's still 2.5 trillion dollars which is not chump change.

About $600 billion, which is approximately 5% of our GDP.

[homor]

too bad we still have all the nukes, and our economy is the center of the world's, so yours sucks if ours suck, so go eat a dick you retard.