Can Saudi Arabia and Iran just buy out USA?

Question

Take a look at this MSN article:

http://articles.moneycentral.msn.com/Investing/Extra/HowMuchOilItdTakeToBuyTheUS.aspx

Is it a good idea to keep buying foreign oil?

Answer 1

sorry, the chinese already did that.

Answer 2

China and India beat them to it...

Answer 3

Kind of late for this one why

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The United States is already 9 trillion 600 billion dollars in debt

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That is a little short of 10 belts of one dollar bills around the equator of the earth

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So where do you think we have been getting all this money to cover the tab already

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IOU's

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And God forbid when they start to call in the tabs that we issued in the form of Savings bonds

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Answer 4

Japan and China are way ahead in US debt holdings. Oil is just a small part of the problem. The USA as the land of people that goes debt to aquire material is the actual problem. USA=imports 5X the amount it exports. This is called unproductivity and its going to stay like this because 2/3 of the US economy is debt and spending.