Should US Pay Off Debt to Nations Engaging in Unethical Currency Manipulation and Trade Tariffs?

It has been stated that the US should not be too eager to pay off its debt to nations, which are manipulating their currencies, stealing intellectual property, engaging in unfair trade practices, or denying human rights violations. Rather it has been stated that it's much better to owe such debt in order to keep such a nation at bay. Okay, so let's hypothetically consider this thought shall we?

Of course, if a nation pays off their debt to another, their credit rating goes up. If that former debt holding nation is then disallowed to buy more debt from the first nation, they must then invest in their own currency and nation, at which point they cannot play their currency. If they choose to buy Euros, then Europe has the problem.

A nation which "cheats" in the game should be disbarred from playing, and if the WTO will not act, then the strongest nations must, otherwise the manipulating nation challenges all-world economies and messes up real trade flows. If a debtor nation pays off their debt and only owes itself, then the debt is held in large part by the people, the people will then take more care and respect when voting, thus unnecessary spending.

As a debtor nation pays off their debt their currency is more valuable, and it will attract investment, investment spurs on the economy, thus an increase in wealth, economics, and perhaps the raising of interest rates to control the growth. A raise in interest rates and more stability increases investment.

If all this occurred simultaneously with an "exact reciprocation" of trade tariffs to the former debt-holding nation, plus 10% to be given to the first nation's military, the only real authorized use of the government, then everything is brought back into check, without collapse.

In doing so the currency manipulating former debt holder will bitch and moan and cause a fit, perhaps place additional tariffs in a trade war, so be it, as first nation's trade tariffs are "exactly reciprocated" and that manipulating nation will see that their games are over and come back into check.

With all that money and nothing to do with it, having been paid back, that formerly manipulating nation will use it to lend out, and since that nation's former loans are going bad at a tremendous rate, they will soon understand how the game is played in the real world. Without control, of the first nation's finances, it is out of control, allowing any road to take them nowhere and fast.

The first nation needs to slide the ball back into the center, give it a little rudder, and add some power, we've had enough of this spin, it is time to re-gain some altitude. Failure to make a correction for fear that our Global Corporate Conglomerates might be nationalized or attacked by a dishonest nation is ridiculous, as they either will or won't either way, either now or later, or prior to a war. Sacrificing the first nation for short term gains in a shaky emerging market (albeit a future superpower) that will soon hit the fan, isn't wise anyway.

As the EU, Emerging Super Power, and US all move forward hoping to be the last to fall, and all trying to hang on to somewhat similar situations albeit, different causes, and potential outcomes - we also need to live on the same planet, and we all must have the resources, economic strength, and social stability to do it. We must look after our own interests first, and second work to help our neighbors stabilize their situations, if and when we can.

Global Leadership comes with lots of responsibility, so we need to show we accept that, and then do what's right, and right the wrongs of those misbehaving emerging super powers which clearly goes out of its way to stick us with a sharp blade. While we can forgive their naiveté, it cannot go unpunished, and all those power brokers must understand; if there is to be a One World Order, it must be run by the nation with the highest ethical standards, that nation is the US, no other nation has shown the leadership or put their money, military, young men, and focus where their mouth is.

Political correctness, and socialist plays in world media, can never be a reason to make a move. Only reality, and a true understanding of human nature can be considered, the nonsense cannot be allowed to run this planet, or the whole thing will implode into a WWIII together. That is unacceptable.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes whether you are building an economy or a building you need to pay attention: http://www.ellensburgcontractors.com.

Note: All of Lance Winslow's articles are written by him, not by Automated Software, any Computer Program, or Artificially Intelligent Software. None of his articles are outsourced, PLR Content or written by ghost writers.