America’s Descent into Poverty

[Backbencher]

America might never collapse militarily but to an extent uncle sam has been weakened economically .
When we talk of US we should understand that it is already a fully developed economy unlike south Africa or even India for that matter .
The word collapse is not right for America cause it never will.....The priority of an economy such as america's are just two , firstly to expand their military reach and secondly to create jobs back home .

 

[LeGenD]

Americas policies of invading other countries will finally led to its complete collapse!

This does not leads to collapse. Flawed internal policies do.

I do not think that US will collapse in the manner of USSR. This collapse is of very different nature and it is already in effect; economic at least.

Fact is that Americans are now being forced to realize that 'overspending and artificial buying' are no longer the luxuries which they can afford. Americans will be forced to change their lifestyles ASAP. Some already have. So during this process of change; expect lot of complaints and doomsday stories but they will subside with passage of time. Time is good healer.

We may also expect some sort of revolutionary movement in which extremely rich people may be forced to terms, at worse.

 

[VCheng]

What one great American said about himself is also true of USA:

"The reports of my death have been greatly exaggerated." - Mark Twain

 

[Mahmoud_EGY]

if you add this to
1 the spread of non US made products in the US local market ( US industry workers insurance taxes all will be lost)
2 us debt they cant print more money or the dollar would collapse or cut back on spending which they already did and didnt help
3 in situations like this immigrants would get most jobs because they accept low payments
4 if things stayed like this there will be riots everywhere in the US

 

[anarchy 99]

What one great American said about himself is also true of USA:

"The reports of my death have been greatly exaggerated." - Mark Twain

America is running a ponzi scheme economy based on debt. Like all ponzi scheme it will eventually collapse.
I give it 5 more years before the US economy totally collapse.

America is the only country that makes Greece look solvent.

 

[VCheng]

America is running a ponzi scheme economy based on debt. Like all ponzi scheme it will eventually collapse.
I give it 5 more years before the US economy totally collapse.

America is the only country that makes Greece look solvent.

Five years is a long time. A lot can happen in five years.

 

[Abii]

America is running a ponzi scheme economy based on debt. Like all ponzi scheme it will eventually collapse.
I give it 5 more years before the US economy totally collapse.

America is the only country that makes Greece look solvent.

perfect description.

all the nay sayers need to read the first bit of the article posted by OP to realize how fucked the Americans are. I just wish my stubborn parents would sell their assets here and go retire before they lose it all. If the US gets hit with another recession, which is looking more and more likely, Canada will go down with it.

 

[Kyusuibu Honbu]

America is running a ponzi scheme economy based on debt. Like all ponzi scheme it will eventually collapse.
I give it 5 more years before the US economy totally collapse.

America is the only country that makes Greece look solvent.

Better ask your CCP to get rid of her $3 trillion forex reserves in the next 5 years as once US economy collpases, the $ currencey will be worth less

 

[Juice]

Help, I'm starving. Can we get some aid from all you wealthy nations?

 

[Wright]

Much worse has been said in the past. Anyway it's not like the Arabs will magically become the new superpower if the US goes down.

 

[Alienoz_TR]

 

[Mahmoud_EGY]

Help, I'm starving. Can we get some aid from all you wealthy nations?

you can ask Somalia for aid

Much worse has been said in the past. Anyway it's not like the Arabs will magically become the new superpower if the US goes down.

i think it would be china

 

[Juice]

you can ask Somalia for aid
i think it would be china

Instead of Somalia Egypt could return some of the billions we gave you...and teach us how to make those stylish homes from goat "by-products"

 

[BLACKEAGLE]

If US economy collapses, world wide economy will collapse as well. So, US economy is the hub of world economy.

 

[Abii]

Instead of Somalia Egypt could return some of the billions we gave you...and teach us how to make those stylish homes from goat "by-products"

You didn't give Egyptians JACK SHITTT

All the money you ever gave went to arms purchases from American companies. That's how it works and those are the conditions of the grants. You literally give grants to your own companies, but giving it to Egyptians first allows guys like you to come here and say "we're giving aid."

And you shouldn't be worried about the couple of billions here and there. That's spare change. Worry about the trillions being wasted and stolen. You grew up and worked at a time of plenty. Go to a random college campus in the land of the free and ask people about the debt they have and their future prospects. At best they could get a 22K a year call center job.