This is what happens when you're a debtor nation. You give up control and power to those who own your debt. As the U.S. claimed to be "fighting for freedom" in Iraq and the Middle East, it was actually imprisoning its own citizens in a matrix of never-ending debt, handing over the keys of control to China, Japan and Middle Eastern nations who now decide the fate of this country.
There is no way out of this financial mess that does not involve depleting the savings of American citizens. Your government is not going to BAIL you out; it's going to SELL you out as it moves to protect itself and its corporate buddies.