ruveyn wrote:
It is not the U.S. We are in hock up to our testicles to the Chinese.
Even if we assume that international debt works like that (and it doesn't), the US is not in any immediate danger.
Consider an analogy. Suppose that I am a kid, and there is a guy in my school that owes me a lot of money. However, everyone knows that he is in the habit of beating up any kid who challenges his dominance in any way, and there is no authority that I can appeal to. Would I really ask him for my money back?
Military power is real power. Economic power is a fiction, and it can be rewritten by the people who have military power whenever they like.