America for sale?

Question

The US is looking to foreign investors to bail us out of our economic crisis. What will this mean for Americans in the long run?

Answer 1

The US debt in the hands of foreign governments is 25% of the total[22], virtually double the 1988 figure of 13%.[23] Despite the declining willingness of foreign investors to continue investing in US-dollar–denominated instruments as the US Dollar has fallen in 2007,[24] the U.S. Treasury statistics indicate that, at the end of 2006, foreigners held 44% of federal debt held by the public.[25] About 66% of that 44% was held by the central banks of other countries, in particular the central banks of Japan and China. In total, lenders from Japan and China held 47% of the foreign-owned debt.[26] Some argue this exposes the United States to potential financial or political risk that either banks will stop buying Treasury securities or start selling them heavily

China seems to have alot of our national debt.  I also read somewere that china actually owns quite a bit of american land.  I dont have a source on china owning american land, so if someone does go ahead and post it.

Answer 2

One currency world wide.

Answer 3

The countries that hold our debt will be telling us what to do, if they aren't already. Just nine years ago the economy was strong and we were expected to have a large portion of our national debt paid off by now. This stunning turnaround can't be blamed entirely on 9/11 and the endless war. Bush and Congress of the last 7 years have done everything possible to set the stage for economic and fiscal catastrophe.