Why doesn't the United States pay off its national debt owed to foreign interests?

Answer 1

With what?

The federal government doesn't have the money..

Unless it gets it from the people.

Answer 2

two decades in the past you ought to pass everywhere and locate scads human beings of a made products (even Walmart began via merchandising US made products) The 1993's administration signed all varieties of loose commerce agreements and the admins for the reason that have achieved the comparable component. Obama only sealed the deal on S Korea loose commerce, a majority of those different international places haven't any variety of salary parity with america of a so mild production has been very almost thoroughly outsourced, and with it hundreds of thousands of tax paying jobs. as long as ignorant human beings purchase low-priced chinese language and different foreign places made products the US will proceed to lose jobs and the deficit will proceed to enhance. Ross Perot reported because it "the great whooshing noise of jobs leaving the rustic" If he and Stockdale hadn't long previous insane close to the tip of the election they might have gained (not ! ) in ninety two "GRIDLOCK" for anybody who recollects returned that a ways

Answer 3

I don't know. Why don't you ask all the Americans in debt as to why they can't pay it off and only acquire more debt. What eventually happens to an American that does that? The person files bankruptcy.

Bluntly, we are 40 trillion dollars in debt. 40 trillion dollars you ask? Can't forget the bank bonds...

Answer 4

It's not just the US that doesn't pay off it's debts ya know. First of all America doesn't have the money to pay all that money back. Only if we wanted every American citizen to live in poverty for numerous numerous years. I highly doubt any country will pay off it's debt

Answer 5

America has allowed foreign interests to BUY America AND we don't have enough money to pay off those debts.
They have bought America with money we haven sent to them when they sell us their goods and their OIL.
We have willingly given them our money and they are using it to buy us.
MOST of our Bonds are sold to foreign interests.

we would have to file for bankruptcy if we attempted to pay them off.
On the flip side, if those "lenders" who own us tried to force the U.S.A. to pay up, the economies of the entire WORLD would collapse as a result!
We are "SAFE" as long as the population of Planet Earth in general doesn't catch on to what is really happening.
It's like walking on eggs. The whole economical system of everything is one big fraud.

Answer 6

We have those debts because other countries own our mortgages. Are we in debt, sure, but about 85% of the money is owed by mortgagors. I don't think it is a very big deal.

Answer 7

Because we are bankrupt as are all the nations in the world.We are indebted to the international bankers and there is no way to pay it off.The last chance was in 1995.
Even zero-spending couldn't do it.

Answer 8

the checks in the mail must have gotten loss ill look into it. while we at it why doesnt foreign countrys pay off there dept to us. in many cases its much much larger

Answer 9

Because whats gonna happen if we don't? I don't think America, or any country for that matter, if ever going to pay off all it's debt.

Answer 10

For one, because it can't, it would take an effort none of us are comfortable making