with china buying most of our foriegn debt will we have a chairman instead of a president in the next ten year
93836
This is the result of a long process of sinicization of the world. China has always been regarded as aggressive, therefore, 2/5 of its territory is occupied after the communist regime, break-away taiwan is another proof of the communist regimes stance. Tibet, Xinjiang (East Turkistan) Inner Mongolia are a few among those who are not of yellow races, accordingly, not Han Chinese (ghuo). they are Tibetan buddhists, Turkic Uyghurs or Mongols. Huis are another one represented as a star on the chinese flag. I am afraid political leaders and officials are not well-aware of this policy. They only care for money, capital investments, but not capital punishment, gross human rights abuses committed by the communist regime.
770460
If this nation still exists in its present form, and if this nation is not flat broke, current trends will continue.  Voters will elect whoever promises the most goodies.  No one will care how, or when, we will pay for them.  That's part of the "....lack to commit to anything...." that you mentioned. \n\nWe have an opportunity to become like a Third World Country in 30 years.  That will go nicely with the American Presidency, which is really a constitutionally weak office.
334649
If America has another 4-8 years run of Republicans we will have to back up all our warmongering with this Administration. The World is waiting for the American people to step in and take back the Country. If it doesn't happen soon, America will have real problems right here at home with it's own people. This whole thing has weakened America because we are divided with the minority in power. If it doesn't change, look for a Civil war right here. That would make it real easy for another Country like China to just walk in. The Republicans are way out of line with their politics to the World and to Americans at home right now. It's far from over, and I suggest you better save your money.
644443
Our economic policy is Nixonomics (Keynesian policy), so you can imagine that the result will be pretty much the same.  I expect inflation (currently observed in prices for both housing and raw materials like oil and metals), and over the longer term, some weakening growth (recession). In the days of Gerald Ford, it was called stagflation.  If we elect a responsible leadership that can control spending, we might be able to turn things around and forestall that slowdown, but sadly, I just don't see that happening.  Very few politicians on either side of the aisle are talking about responsible spending these days.  (OK, maybe they're talking about it, but they're sure not DOING it.)
856034
Never.  It's over 9 trillion dollars.  The national debt has been with us for... decades and as long as it's not a national priority (politicians tend to look at the number as a % of GNP), then it will never happen.
1132068
Honestly? probably never again. World consumption far outpaces production (Thanks to China) coupled with production troubles (political and economic instability in producing countries) mean we will be paying higher prices. (Don't forget inflation too).
684173
I am assuming that you are speaking of the National Debt that is well over 8 trillion dollars.  Probably the best answer would be that under our current tax system we never will.  We have become a Nation that everyone lives on credit so it is natural for our nation to do the same thing.  Much of our debt is backed by the Public the rest is held by the Government.  The Government uses assets to back money that is loaned to them by institutions.  The Public part of the Debt is the larger part and that is backed by U.S. Savings Bonds purchased by the little guy to Treasury Bonds bought by the rich, pension plans, corporations, foreign companies and foreign governments.  The biggest question about this system is just how much control does the foreign ownership of our debt control our foreign policies towards the countries that hold a large portion of our debt.  There have been many decisions that have been made by our government that we do not understand as to why one country is okay to live one way while their next door neighbor is suspect and pressured by us.  I don't have the answer, but personally I do not like the idea that foreign governments can buy our government on the open market so to speak, however as a Nation we do not have the Wealth to hold all of it internaly.  We have loaned money to almost every country in the world especially during Wartime we have always carried the biggest chunck financially.  Virtually all of these debts have been forgiven just as we asked the world to forgive Iraq's debt to other countries in order for them to have a reasonable chance of making it on their own.  This should be our top issue in politics, yet it is always obscurred by other less important issues such as war that are used to make the public forget about the National Debt.  Our elected leaders would prefer that we remain in the dark as to how all of this is run.  We can all make a difference by buying Savings Bonds, however only about 2% of the debt is covered by that so do not expect it to make a big difference, but everything we do does help.  We need to have a National Lottery or Sweepstakes with all the profits going towards paying off our National Debt.  There is also an address where you can send donations to go directly towards the debt at the site of U.S. Savings Bonds Online if you really want to donate beyond your taxes.  I assume most people don't and would rather as the politicians wish not understand the issue.
266203
in the next 5 years there will be a lot of people unable to pay their mortgages, so a lot of repos.  in 10 we will be recovering from the disaster of the "hidden inflation" technique of money management by the Fed.  in 25 years we will be asking China if we can have some input and a share of their base on the Moon.  in 40 years there will be no unions, and no consumer protection.  in 50 there will be a great depression, followed by the rise of a labor movement, and the restoration of consumer protections.  Rinse & repeat.
469722
maybe there will be, if anyone with some sense ever comes into money and decides to run for president. until then, we're out of luck. if we don't like the democrat or the republican, we're stuck with people like nader. great, huh? :P
368929
Eventually, I believe it probably will.  Whether this takes 50 years or 500 is something only time will tell.
763808
Foreign National Debt is above 3 trillion at record levels so I say no. Current US fiscal policy is designed to move wealth to the upper class from the middle class. The government does not seem to want to protect the majority of its people but thats what we deserve for voting in these leaders.
847798
Most likely not.\n\nChina is holding over 1/2 $ trillion of our bonds.  Nobody walks away from that kind of money.  The position is so big they can't even sell it because no one has enough cash to buy it.\n\nChina has become a very active trading partner.  A lot of corporate interests on both sides would apply a lot of pressure (read - withhold campaign contributions) to keep the peace.  Since politicians are bought by this corporate money, they will do as the corporations say.\n\nThe only wild card is Taiwan.  Frankly, I don't think it's worth it to the Chinese to try to reestablish sovereignty there.  There are too many better opportunities elsewhere for them now.  But pride and ego can be a funny thing . . .
1181596
Well ... the bush economy is based upon cutting taxes and borrowing vast sums of money from communist China to make up the difference.\n\nSo if we are to follow our leaders'  example .. the we should all be going into deep credit debt.
974440
no..don't count on it\nwith greed, self-indulgence, the cost of fighting terrorism, CEOs that cost thousands of jobs and millions of dollars,a  who-gives-a-serious-crap attitude on social security,and failure to recycle precious land and resources has taken its toll on us and payup time has arrived. We have serious business in our own  yard to attend to before we can resume saving everyone else who needs us. take a number please  :-)
622368
yes according to the current rate of growth, it is said that CHINA is abt to become the greatest economic power of the world by 2025. india is expected to be 2nd in the list. however it is going to be difficult for CHINA to maintain the top spot for long, as it is expected that the country would face acute labour shortage in the near future. the main reason for this is the population control policy of the country. on the other habd, india has no such policy in action which is being followed. thus the growth advantage of the future iswith INDIA. now to utilise it, the GOVT. of INDIA needs to plan and construst infrastucture on a larger scale.
318060
Money talks China is starting to figure out citizens with money are easier to deal with than footing the whole bill.\nChina is on its way out of communism.
242711
Not for a very long time rest easy. Since China artificially manipulates its currency and economic system, it will take some major changes to give it the real shakeup.\n\nfor your question, US should continue to be a world power atleast till 2080 followed by China and India. India will eventually takeover China by late 2090 to be the world's 2nd Superpower. By 2120, India will be the Largest Superpower, followed by China and US.