[bugeyed]

Foreigners hold most of US treasury bonds now, underlying those bonds are US assets, just like any other bond. Since US is so massively in debt, and could be expected to default on their interest payments, US assets, including national parks, land, ports will have to be sold off to service the debt. The same thing happened in Argentina after their meltdown, foreign bond holders swooped in and grabbed prime Argentine assets. If they don't begin liquidating these assets then the value of US treasury bonds will fall causing a sharp spike in interest rates, crashing of the dollar and destruction of the US economy.

Welcome to the real world. That's what happens when people don't hold political leaders accountable for their actions, and refuse to educate themselves about the banking system where creation of money is given to private to loan sharks like the Federal Reserve and their stockholding private banks.