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penydred asked in Politics & GovernmentPolitics · 1 decade ago

What will America do when China or the IMF press us for money and want to effect our governance...?

We owe so much money what will we do when those who hold our debts want to collect and we can't pay?

4 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    We haven't borrowed any money from the IMF, and the debt China holds is mostly in T-Bills which don't have those kinds of strings attached.

  • Anonymous
    1 decade ago

    My proposal is : lets sell California to China for $5 trillion.

    It will solve a LOT of problems for the rest of us.

  • nomad
    Lv 5
    1 decade ago

    We will collect the trillions of dollars the rest of the world owes us. Just about every country owes money to another, many owe us, many.

  • Anonymous
    1 decade ago

    They won't collect because we're China's number one customer.

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