Secret Squirrel Advises The American Government How To Reduce It's National Debt To Zero AT ZERO Cost.

The America government, through not fault of it's own, has not consulted with Secret Squirrel on it's economy,nor has the British government for that matter......to their great detriment. However, in demonstrating Squirrel's sheer economic genius, Squirrel has decided, as an example of his great mental cunning, fortitude, intelligence, nay need I say cosmic genius to solve America's great national debt crisis.
Indeed Squirrel CAN SAY, and indeed does, that he has studied, directly ECONOMICS under John Kenneth Galbraith, writer of many many great economics works,and Economics advisor to President Kennedy, and under Dr. Sani, in Canada, one time Economics Advisor to the Canadian government. So knowing that you just know Squirrel has a solution to America's debt crisis.
Firstly I must explain the American economic system,financial system, based on the US dollar, on which the world seems to be dependent and uses as a marker of value of their currency. Indeed secondly, nations build up debts, great debts, and due to various debt factors their using the US dollar as standard economically, their currencies fluctuate against the dollar, dropping against,it, but never rising above it.....since it is the standard used.
Now in America, they use The American dollar, now as the United States builds debts, it needs money to run itself, and of course, it's very very many great foreign wars,pay for it's massive military, pay for it's massive government bulk etc, such that it cannot afford National Healthcare as other nations do. Well, when a government, the American government, runs out of money they have massively bloviationally fired crisis in government, in the end with much strainings and fartings, they agree........and the Government then prints up Treasury Certificates, with massive dollar amounts on them, an I.O.U. really is what it is, it then approaches the Federal Treasury with it, the treasury takes it, looks at the amount, and prints up the stated amounts of US dollars.
The Treasury certificate is thence placed away on a pile of other such certificates.Of course, the figures printed up add to the National Debt. So How will America solve it's now 19 trillion and mounting National Debt, how will it pay it off? With the printed certificate dollars GIVEN to other nations to pay off their debts?
No it seems not.....but that IS YET ONE WAY to pay off their national debt to other foreign nations, BUT the US government is loath to do this. So how is America to do it. Well in some ways exactly like that.......Now, figure this, there are 15 nations with debts in the TRILLIONS, the rest are in the paltry BILLIONS.
Now consider this, 19trillion, divided by the other debt ridden nations, over a trillion in debt,each, which total 14, gives 1.35trillion each.
Now picture this you American there, the American government goes to The Treasury..........not....what the government must do is go to each Nation of the 14 debt miscreants, and each MUST be told. This brings Hong Kong,Belgium.Australia to ZERO debt, Canada has then 100 Billion, Switzerland 300billion, China 380Billion, Singapore 400Billion, Spain 1 trillion, Italy 1.3 trillion, Japan 1.5trillion, Luxembourg 2.1billion, Germany 4.3trillion, France 4.4Trillion, UK 8trillion.........all other nations keep their debts as they are.
All he has to do, really without bothering with the print up currency process, is just present each nation with the certificate, pronounce their debt reduced by 1.35Trillion, and take back the certificate, indeed he need not print up certificates for each, just use that one in line for each, thence return to The Treasury Department, pronounce America's debt at ZERO, and burn all the existent and existing Treasury I.O.U. Certificates, and start again.
NOW all those 14 nations have been paid, their debts have been reduced, well they should be happy, and America, has really spent no money, and it's debt is thence at zero, and it should be happy, and can commence to increase again by the same rate and whatever and where ever.
The Treasury department can thence simply burn all those I.O.U. which have thence been paid on return to the united States from those 14 foreign nations which have had their debts reduced, and thence the I.O.U. Treasury Certificates can ALL be burned, and the system entirely restarted. It works............Squirrel has seen it. The USA now has ZERO debt having PAID out to those nations each 1.3 trillion lowering the US debt to absolutely zero.......The only problem the United States and it's dimwitted government is to get those foreigners of those foreign governments to accept the 1.3 trillion payout towards their debt..............BUT.............................what?  Is the American government wise enough and intelligent enough to do it...........??
Well, for one thing the US government hasn't had, no it seems shall ever have, the utter genius to think about that and just do it.......too easy is it..........sad sorry state of affairs it is in America's government, getting worse every day, and gotten far worse and will get yet more ridiculously and laughably worse......Or will they sulk it having been Squirrel's economic idea.....?
We shall see...we shall see.....we shall see....but any American government which doesn't follow Squirrel's advice...........is and must be utterly and completely.............mental.
Secret Squirrel,
MRL,MP,Dunny On The Wold,
Minister For Re-=Deranged re-Engineering.