Take Greece for example. Their debt is not large so it can easily be solved. Germany and France own a large portion of the Greek debt, so our proposal would be that in exchange for the debt owed, Greece would transfer equal amounts of land to the countries holding its debt. Lets say that a German bank is owed a billion euros, they would exchange an island or two worth a billion to the debt holder. Germans go "on holiday" and what could be better to go to a German owned island in the Mediterranean!
Or the United States could transfer California to the Chinese for the debt we owe them. It would solve two problems. First, we would get rid of all the fruits and nuts in the Golden State (including Jerry Brown, Diane Feinstein and Nancy Pilsosi). Would that be all bad? Secondly, China has wanted to get a foothold in our country. They tried a couple years ago by trying to buy port operations in California. Hey, give them the state. We give up a little (California) and over a quarter of our debt is gone!
We exchange Oregon for the debt owed to Japan and hocus pocus, half of our debt is gone. Could this be any better?
And Mexico has wanted the southwest back. For the right price, we give them Texas, Arizona and New Mexico and we are debt free!
I am sure there would be many who would be disturbed by this,but you know, we need to do what is in the best interests of the country's children, right? With the amount of debt we have accumulated, none of these kids will ever be able to enjoy the life we have. So we make a small sacrifice for the betterment of the whole.
Getting rid of the debt would be a great boon to the economy. The banks would start lending again and Congress could fund Social Security and finally make Obama Care a reality. Could it be any better?
Our nation will look a little different, but in tough times one must make hard decisions. Please forward this to your Congressman/woman. I think they will agree with us that this is a brilliant idea.