The US President has announced that he has sold the White House to China for $5 billion, in a desperate attempt to avoid defaulting on the national debt. He claimed that he had no choice but to make this deal, as the Congress failed to raise the debt ceiling and the Treasury ran out of money. He expressed his hope that the American people would understand and support his decision, and said that he would move to a smaller and cheaper residence.
The Chinese President confirmed the purchase of the White House, and expressed his happiness and pride to own such a historic and symbolic property. He revealed that he would use the White House as his official residence when he visits the US, and that he would also rent it out to other world leaders and celebrities. He assured that he would respect the original architecture and design of the White House, and that he would only make some minor changes, such as adding a red roof and a dragon statue.
The American public reacted with shock and anger to the news of the White House sale, and accused the President of betraying the nation and its values. Many people protested outside the White House, waving flags and banners, and chanting slogans such as “Save the White House” and “Impeach the President”.
The US default crisis is one of the worst in the history of the country, and has caused a global financial turmoil. The US owes more than $28 trillion to its creditors, mainly China and Japan, and has been unable to pay its bills and obligations. The US credit rating has been downgraded to junk status, and the US dollar has lost its value and credibility.