Air Money (EXTRA)

Debt within the United States is a very large elephant within the government room. Just as this cartoon suggest we come up with excuses all the time as to why we cannot pay China. When in truth we really just do not have the money to pay China. We keep saying that eventually we will be able to pay China, but we keep making more debt. $14.4 trillion dollars is how much we owed China in 2011, but that has only increased. With China looming over us and threatening us all the time how do we come back from such a large debt? The United States is shrinking in comparison to the growth of China, and this is becoming frightening.

With China threatening to "break our thumbs" it is a wonder that China hasn't acted sooner in implementing actions. China is smart though, using our debt against us to cause even more debt. Just as credit cards work to entice us to put ourselves in even more debt because we do not have to pay it right away. The fact that China only wants to break our thumbs because we can't pay debt is the same act that credit card company's do when they charge a fee when you forget to pay. If China decided to make us pay late fees for us not paying we would be in an even deeper hole than what we are in.

With debt increasing every year it is hard imagine where the United States will be in four or more years. China is becoming larger and stronger over the United States every day. With the United States slipping further into debt it comes into question what will do to start chipping away at the huge wall of debt that we have created and continue to mound up.