Re: could US collapse like the USSR did ?
[ QUOTE ]
No country producing $13 trillion a year, with a large middle class, huge amounts of private capital, and strong international leadership in many industries is going bankrupt any time soon. Sorry.
The US might hit a bad recession for a few years but that's as nasty as it will get.
[/ QUOTE ]
You are not talking about a country with all that wealth, you are talking about corporations, of whom many of its shareholders are foreigners.
What the U.S.A. has: 50 trillion in obligations to its citizens and an approaching 10 trillion national debt.
|