Press this for the frightening facts of U.S. debts.
As I see it, it can never be repaid. It is increasing all the time.
The U.S. has diminishing exports and the countries natural resources are dwindling while its population is increasing.
China is one of the U.S.'s main creditors and there are many others.
Unemployment is high and the dollar is gradually decreasing in value.
Let us suppose investors no longer have faith the dollar and it quickly loses value.
China may insist on pulling out its investments. The United States government may then bring in measures to prevent the pay out.
Will China go to war? This is not unlikely.
Such a scenario could really happen in a very few years. I will not know the outcome as I am nearly 81.