could America be brought to its knees?

Question

America is $8 trillion in debt. If the world stopped purchasing US dollars on the global market this debt would spiral out of control and bankrupt the US to such an extent that the Wall street crash of 1929 would only look like a blip in the market!
If countries around the world who no longer look on the USA favourably decided to do this (all it would take would be a few to join up and buy Euros instead of dollars!) what would you do? Shouldn't you be talking to your congressman?
http://www.brillig.com/debt_clock/...

georgiegirl is missing the point, thats why i said the crash would look like a blip. The ONLY thing thats keeping the dollar afloat is that the world trades alot in dollars be it oil, beef, corn etc. If lets say china, korea, the middle east all decided no longer to use dollars the note would become worthless overnight....unless the government looks at doing something about the $8 trillion...and growing!

Answer 1

I believe it could be possible,Europe is far larger than the U.S.

Answer 2

Suppose it could happen. But right now, there's still so much US influence around the world (for better or worse) that it hardly seems America's allies would let it happen.

By the way, it's funny how all the neocons who write in blame the liberals for all America's woes. You have a classic liberal to thank for all the good things you have: FDR.

Answer 3

absolutely! Nafta is finally comming through with its final plans. All arabic countries would have to do is spend millions to lobby for it. There would be the elite and the poor like people in ethiopia.
Another way is to have the 12 million illegals turn against us.

Third way is to put boltilisum in our water supply which would not be too hard to do.

Answer 4

It is a very disturbing scenario, it could happen. It all could have been avoided if the crooked Republican judges on the Supreme Court had not stolen the 2000 election for bush. The country is doomed because of them and their decision and the incompetent boob they stole the election for.

Answer 5

I don't think so. It might reduce the value of the dollar. Then American goods would flood Europe and the last three people in the European union that have jobs would lose them.

Answer 6

http://www.stock-market-crash.net/1929.htm
http://en.wikipedia.org/wiki/Wall_Street_Crash_1929
This should give you a complete insight into why the stock market crashed. people who had savings accounts made cash runs on the banks, the banks lost all of the peoples money. Read the articles they will fully explain.

Answer 7

We should never take it for granted that we will endure as a nation. We must be eternally vigil of all our enemies both foreign and domestic. This the enemy best known as refusing to do what is best for the country for what is politically popular.

Answer 8

I've scoured the Rand McNally Atlas, darn if I can find Knees on any of the maps. Sorry Charlie

Answer 9

Yes

Answer 10

puhleeeze, we'd just start bombing people left and center, it would be the perfect time too because we could use "theyre trying to do us in!" as an excuse to conquer the world


but we would have to join up with some other countries, of course...

Answer 11

That's an interesting point of view. I heard that Saddam was promoting this theory which was why the focus was shone on his weapons of mass destruction.