Quote from: Nabicoma on November 03, 2016, 09:01:23 PM

Quote from: pitham1 on November 02, 2016, 01:38:08 PM

The only saving grace for the USA is that its external debt is denominated in dollars, which it can print. This is not the case for other countries. As long as they are able to refinance their debt, the cycle continues.

That is right. The American government does not need to worry about its debt. It can easily pay back.

it won't pay it back,it is not meant to be paid back
this not a debt but a toll on all the countries through the combination of their printed paper and military force
how well do you think you would be doing if I printed money and took your things in exchange for that printed paper?
the US function as a huge vacuum cleaner collecting brains and resources from all over the world