
Originally Posted by
Elemair
The United States of America doesn't pay interest on this loan, they don't pay it back at all. I don't think you understand your economic situation. Even if you were to pay back a fraction of that loan, the amount of interest would be negligible. WE ARE TALKING ABOUT TRILLIONS, not billions, not millions, TRILLIONS. That amount of money is unimaginable, and unprecedented. Your domestic costs will never change, they will always stay the same. If you haven't realized this by now, the USA is continuously borrowing more money. If you follow this line of thought, even if you paid back 5 trillion dollars, you would still need to borrow 5 trillion more. The fact is, the USA can't collapse, or all world trade would collapse, and the amount of money you would lose in ~4 months of the stock market being down would be more than just trillions of dollars. You don't have to pay interest on your loans, you are the powerhouse that funds the economy of the world. You are the centre for all trade, all imports and exports enter through the US and spread to the rest of the world. The fact is, if you had to pay interest, the entire populace of your country working 9-5 every day would still not be able to pay of a fraction of 5% of your countries loan. The entire world will support you in any financial situation, you can continually keep borrowing more and more money and not have to worry about it. Everything is centralized in the USA, and if the USA goes down, then shit will hit the fan. China needs to keep you alive to keep itself alive at this point. If you think the loans you take from the bank, and the loan that the entire country of the USA has is the same, you are out of your mind. The loan the USA has accumulated is essentially the "World Loan", if the USA collapses, you will see a ripple affect, causing multiple countries to enter a state of depression and eventual financial collapse.