Life in Canada

People seem to be completely unaware that this is not just a US problem. Every country on the planet will be economically devastated if the US government does not start getting their act together. People living in China especially, Japan, UK, Canada, Germany and every other major economy better wake up to the fact that your governments (maybe not so much Canada) hold enormous amounts of US bonds and Treasuries, your economies run and function on it and a country like China is able to use US holding as a way to help in its GDP growth and to help in its massively growing debt burden. The US in for a world of hurt, think again dude everyone is in for a world of hurt yourself included.