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Old 11-13-2007, 12:21 PM
Moseley Moseley is offline
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Join Date: Jun 2007
Posts: 394
Default 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.
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