Press this for the frightening facts of U.S. debts.
As I see it, it can never be repaid. It is increasing all the time.
The U.S. has diminishing exports and the countries natural resources are dwindling while its population is increasing.
China is one of the U.S.'s main creditors and there are many others.
Unemployment is high and the dollar is gradually decreasing in value.
Let us suppose investors no longer have faith the dollar and it quickly loses value.
China may insist on pulling out its investments. The United States government may then bring in measures to prevent the pay out.
Will China go to war? This is not unlikely.
Such a scenario could really happen in a very few years. I will not know the outcome as I am nearly 81.
Ric Williams.
News for future of american economy
What is the 'fiscal cliff,' and should Canadians be concerned?
CTV News - 2 hours ago... the U.S. election, with everyone from economists to politicians to armchair pundits using the phrase to describe America's economic future.
- News1130 - 5 hours ago
China's Economy and the Future of American Fear - Brian Fung ...
www.theatlantic.com/...economy-and...future-of-american.../262970/28 Sep 2012 – Why a slow-down in manufacturing, and the rise of other developing nations, could mean big changes in U.S. attitudes. The US economy and the future of growth: well, this is depressing ...
www.globalpost.com/.../the-future-growth-well-depressingwww.youtube.com/watch?v=obc5CJjaqbs3 Feb 2012 - 8 min - Uploaded by espectralraziel
In the past decade China's growing military capability has attracted a great deal of attention, but details ...
FACEBOOK GROUP https://www.facebook.com/groups/Shanghai.Cooperation. Organization/ ALSO SEE ...
28 Aug 2012 – A new paper by Northwestern University economist Robert Gordon warns that the US economy is in for a very rough ride. For decades.
Chinese Military Power HD - YouTube
China's Military - YouTube
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