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If you think the US is gunna go broke post here.

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  • ALLFARMER
    Senior Member
    • Sep 2002
    • 1640

    If you think the US is gunna go broke post here.

    Let's have a vote
  • ALLFARMER
    Senior Member
    • Sep 2002
    • 1640

    #2
    I say they go broke because all they now how to
    do is spend money, that and do stuff that does
    them little to know good...start wars. The bottom
    50% only own 2.5% pretty big imbalance. How
    long till they use their military on their own
    people?? Occupy wallstreet gets nasty?? They
    should have been investing in education and
    health care 20 years ago. A write down is in the
    cards.

    Comment

    • grefer
      Senior Member
      • Nov 2002
      • 337

      #3
      Nope ,never,can't happen.This said with head planted firmly in the sand.

      Comment

      • Hopperbin
        Senior Member
        • Dec 2007
        • 6562

        #4
        They can sell 100 percent of their assests to China for 50 percent of their debt on a forced free trade agreement. Things should be OK.

        Comment

        • crusher
          Senior Member
          • Jun 2001
          • 1188

          #5
          Too big to fail.

          Comment

          • Hopperbin
            Senior Member
            • Dec 2007
            • 6562

            #6
            The dinosaurs were big?

            Comment

            • hedgehog
              Senior Member
              • Oct 2009
              • 619

              #7
              THE USA has become the same as the europe the settlers wished to escape, where e few people own most property and charge excessive rent, so keeping the rest poor.

              Comment

              • Happytrails
                Senior Member
                • Dec 2009
                • 832

                #8
                They are gunna go broke, the only
                question is when. We are presently
                spending time in Phoenix area. All real
                work is done by the hispanics. So many
                people living off of the labors of a few.
                Work is a dirty word, play is where it's
                at. A recipe for breakdown IMO. Police
                have shot and killed someone almost every
                day for the last 2 weeks.

                Comment

                • TOM4CWB
                  Senior Member
                  • Dec 2000
                  • 16511

                  #9
                  Allfarmer,

                  The US should have gone broke a dozen times over the past 200 years. It didn't happen. As long as US farmers grow 150 million acres of corn and beans... that economy with perculate along just fine. The diversity of Industrial and Agriculture economics...means that this US power house is PRODUCTIVE... and the world depends upon half of this production to make ends meet.

                  Innovation and Asia-Pacific prosperity is still rooted in US soil. The EU has proven the 'Eco-Environmental Economy' is NOT sustainable.

                  Comment

                  • jackspratwhynot
                    Member
                    • Jan 2012
                    • 86

                    #10
                    There is no need to worry about really big issues such as if the US "goes broke". It would have such catastrophic ramifications that there would be an unimaginable financial collapse.
                    Its similar to a nuclear holocaust; that the world has been threatened with for years. Look at that prospect in the light of if it ever happens; one would have been "Better to be dead with a near direct nuclear strike; than wish you were dead from world wide suffering."
                    It's next to useless contemplating such possibilities; and building bomb shelters etc........

                    Comment

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