I was talking about this with my mom and sister earlier today and I got the ideal solution to our problem. The most American thing to do in this situation is to default on our loans. Fuck everyone over and start isolation ourselves from everyone. I mean come on, whats more American than living outside our means? Its the American Dream!
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In any case, if you're debt gets too bad you could start a new world war and destroy your competitors. It's why WWI was started.
Anyway you're right, we don't really need to do anything about it; it doesnt really harm us. In fact its healthy to have some debt.
I should have said financial crisis instead of debt crisis. Theres no way you can spin this in a good way. 14 trillion dollars in debt in not "healthy". and if you know anything about our shitty politicians you know this will only get worse. America has defaulted three times on our credit. Its nothing new. If we defaulted, a ripple effect across the entire world would happen almost over night. We owe china a shit ton of money for starters, I know they wouldnt be happy. The us dollar is the world reserve currency. It would have an effect on everyone.
...Fallout :hai: