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How long will the debt-ridden US economy last before it melts down?

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posted on Aug, 6 2005 @ 08:43 AM
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The US is debt-ridden, so are her people. Yet the rubust American economy contradict all economic inductions. I believe it's because most of the other nations invest their foreign exchange surplus in US treasury bonds.

1. Is the US economy embarking on a dangerous road?

2. Is it justified to say that a melt-down is inevitable?

3. What would the most likely factors to trigger a melt-down?

4. Would the US use its unmatched military strength to forcefully cancel out her debts if a melt-down did happen?




posted on Aug, 6 2005 @ 09:04 AM
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I'll respond after a mod comes along and moves this
.



posted on Aug, 6 2005 @ 09:15 AM
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longer than than the bloated chinese economy?? ;puz:
really don't know..





 
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