do you reckon it is gonna collapse? cause I reckon it is really shaky at the moment.

Espicially you Americans... are you confident in your economy?



Snap!

I think capitalism in the short term works, but in the long term is self destructive. All the people who end up failing to make it in this kind of economy will drag the whole thing down because there will be more and more of those people. Debts, Wal-Mart, the income gap, medical bills, bankruptcy, poverty, welfare, homelessness, outsourcing...it's all leading in one direction, and that is ultimately failure if nothing changes.

it has to stay the course..who else is going to support the rest of the world?


it's a fine ride

look at Argentina. They rely on the American dollar as a stable currency rather than their own. America collapse and Argentina is going to be much worser off



Snap!

lili, if capitalism only works in the short term, what system do you recommend for the long term?

im not an american, but am i right that american national debt with its big numbers is the money they owe to other countries? I heard about it lately and was just wondering what it is. What happens if countries all of a sudden would like to get their money back? Does it mean the crash or the world economy? Thanks

America is in debt to foreign countries that our idiotic leaders have been selling our debt to. China has been buying a lot of our debt. Personally, I think any elected official who goes along with this should be impeached and prosecuted for treason, and if convicted executed. Sounds extreme, I know, and I don't mean it to sound anti-foreign, it's just that our elected officials have a duty to look after the interests of the American people first and foremost. And so far they've done a sorry job of doing it, they do stuff like this, and then use the terrorism issues, and the different social hot button issues, to try to disguise this disgusting crap they're doing.


link [ThePaganTemple.Blogspot.com]

Gas has went sky high in the last Month. I guess it is going to kept going up. But how high can it get. A few years ago they said that it would get to 2.00 a gal it got close but didn't get there. Now it is 2.99 a gal I haven't heard how high it is to get. Has anybody.

"Thirty four percent (34%) of American adults say the US economy is in a recession while 43% disagree and say it is not...Thirty four percent (34%) of men say the economy is in a recession along with 33% of women. However, 50% of men say we are not in a recession, a view shared by just 34% of women."

Any way you look at this, the numbers here are not good for an administration that has touted itself as the best friend the economy has ever had.

link [www.rasmussenreports.com]


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