Posterous theme by Cory Watilo

Calling on the USA's Debt

The United states has a national debt exceding 14 trillion dollars. The debt increase by 1 million dollars a minute, yet no one will ever make the United States pay up their debt. The reasoning behind this is because the United States has a GDP of 14 trillion aswell, along with the largest military in the world. Calling on the United States debt would crash their economy aswell as the worlds. Furthermore the United States would most likely take military action against that country. Lastly the United States does not have their currency back by gold, but rather world wide confidence in their economy. In conclusion, making the United States pay up their debt is a terrible idea.