Is the USA headed for total economic collapse?
Monopilistic, non true free market trade practices
Corrupt congress and corporate rule of government
Corporate personhood
Answer:
Not a total collapse but if a few things start to happen it could get very bad.
1. Something happens to prevent electricity from being transmitted for an extended time.
2. Oil supplies dry up.
3. The dollar loses lots of value.
4. All imports stop for some reason.
5. The food chain is broken.
All this stuff seems pretty remote, but if a WW111 breaks out it could happen.
Elect Ron Paul the one & only PEACE candidate!
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like a dying star collapsin into itself.
Yup, we're screwed.
Point of fact...Yes.
The US has a flexible economy that can adjust to changes better than almost any other country. Most sectors are competitive because they must face competition both from other firms in the US and from overseas. If you think the US Government is corrupt, you have not traveled overseas to see what goes on in most other countries. Transparency International rates countries according to their perceived level of corruption. Though not at the top, the US ranks above most other countries.
Not necessarily. It all depends if the people can keep what they earn. Economy is private sector money, and the more money the private sector has, the better shape the economy is in.
Let's also get government meddling out of the market. The government has too many regulations on almost everything. Many people wonder why businesses like to lobby the government, and they seem to be bed fellows. Well, if we get government out of the marketplace, then businesses have no reason to be involved with government.
Perhaps you are right
I suggest you to go live in a country like Venezuela, Algeria, Iran, Cuba and so on. Then You will learn a lot about what means corruption and lake of freedom
um..is it heading for collapse? or has it collapsed already? How do you know there is no gold standard? Just because gold is up high? what if it was set up to be high right now?
Yes, I don't see anyway around it. Democracy is the disaster predicted by the founders of our government. They understood that only a limited government could prevent the majority from voting themselves handouts at the expense of the minority. But the constitutional controls they established to prevent this have been slowly stripped away. Congressional leaders openly discuss, socialised medicine (single payer plans). Disregarding patent laws (generic's) and other forms of robbery (IRS).
I don't know how long its going to take (It took 70 years for the soviet union to implode). But thats the direction we're headed. For an Atlas Shrugged type melt down.
"Is the USA headed for total economic collapse?" NO
"With the federal reserve creating money out of thin air and no gold standard or any backing." NO THREAT THERE - AND ACTUALLY IT'S THE FEDERAL GOV'T THAT PRINTS THE MOST FUNNY MONEY. THE FED MERELY KEEPS THE MONEY SUPPLY FROM GROWING FASTER THAN THE ECONOMY.
Monopilistic, non true free market trade practices. NOT THE CASE, AT LEAST IT'S THE SEC AND FTC'S JOB TO STOP IT.
Corrupt congress and corporate rule of government - HARD TO ARGUE WITH THAT ONE. BUT WE ELECTED THEM, SO WE GOT WHAT WE DESERVE, RIGHT?
Corporate personhood - NOT SURE WHAT THE PROBLEM IS WITH THAT EITHER.
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