by Ethan Carraway
For years upon end, many countries have bought and sold items from and to other countries in order to get food, supplies, weapons, or luxuries.
Lots of rich and strong countries have unique things to their land that they use to make money, so it’s not a surprise when it is said that many countries are in massive amounts of debt, including America.
Just a couple days before writing this, the U.S. hit its debt limit which is 31.4 trillion dollars, and it made a fuss in the government with both Republicans and Democrats fighting over how to solve the problem. Republicans want to work on the debt problem now, but the Democrats want to put it aside and focus on other things that they deem more important. There will be a time where countries will start asking for their money owed or a war could break out.
Obviously, this wouldn’t be a problem for America if it was one country, but multiple could cause the downfall of the USA. The U.S. is strong but not strong enough to battle the top countries it owes money to which is China, Japan, the U.K, Ireland, and Luxemburg. America needs to pay their dues and learn to manage money better as a country.
For example, our military may be the greatest in the world, but why don’t we put our money into paying back what we owe? It could be said that if the American military was weakened then more countries would attack us. This simply isn’t true, and it’s proven by the fact that if we use the money that would be spent on the military to fix our debt problem, we wouldn’t get invaded for having complications with other countries because there wouldn’t be any.
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