The debt will be discounted and redeemed for hard assets. Then America will receive the same treatment Berlin received from Stalin in 1945 with the shipment of assets back to the Motherland.
From Obama's perspective he has been very successful in transforming America just as he promised. It is a very different place than it once was.
The Chinese already own America, you got no hard assets left, we got sucked into the vortex by American TV years ago, our last Imperial masters screwed us as well, the Chinese are nice people though I hear, I'm full of hope and change, how do we say that in Mandrine?
What a guy, of course the insurance angle is interesting too