I agree to Idea Let other countries pick up a check.
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Let other countries pick up a check.

My suggestion is to sell things, food and also offer services to countries like China for a fraction of a real cost, while the leftover of a real price has to be payed by that country as a debt to the banks to whom the US is indebted. I mean they pick up the check for the US in a form of taking part of the debt that equals the price redaction size.

Thus, there is more opportunities for more American entrepreneurs to enter international markets ( even though the process will keep them modest entrepreneurs, will not let them to become rich too fast, which is OK in my eyes. They can be reinforced with other, non material, non monetary methods for helping US debt redaction), while US debt will gradually decline, because parts of it will be automatically shuffled to other countries during business deals.

I imagine that such agreements will be decided with participation of the banks to whom the US is indebted. I think this is great idea. I wish politicians jump on it right away.

Submitted by 3 years ago

Comments (4)

  1. What you're suggesting is serfdom to China, and if not, it's slavery to China, where we sell our people at a cheap level to do their work.

    I have a better Idea:

    How about we use our prisoners as slave labor to manufacture goods for nothing, flood their markets with cheap goods, cheaper than they can make them, and destroy their markets. Then, we take their markets over, and when they are completely destroyed, we have them ask us to get back into their own market in their own country,

    just like they just got done doing to US!

    3 years ago
    0 Agreed
  2. Granada Graf Idea Submitter

    brain,I did not say China, I said "countries like China, meaning countries on a rise with relatively large population, with strengthening middle class and large proportion of young people. Those countries can handle big debts better than US with its large proportion of senior citizen population. Those countries will jump on cheep goods or services ( I mean big services: military protection, scientific advancement, medical,etc.) with easier disregard for the need to repay debts later on.

    If you disagree with such approach, then I guess tighten up your belt for another onslaught of recession and eventual demise of US as a nation.

    3 years ago
    0 Agreed
  3. Granada Graf Idea Submitter

    The only serfdom we should be afraid of is to our own people. When their freedoms are secured, then only can we sway our caring eyes to other nations. Not the other way around.

    3 years ago
    0 Agreed
  4. Granada Graf Idea Submitter

    some people here assume that without extra work,less spending and creative politics we can come out of the recession, miraculously.

    3 years ago
    0 Agreed

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  1. The idea was posted
    3 years ago