Topic: 1 trillion dollars a year!
|
smiless Joined Wed 09/26/07 Posts: 13599 |
Some economic advisors from the University of Harvard mentioned that the U.S. is borrowing a trillion dollars a year and that it will be a economic downfall if continued.
The reason why is it would devalue the dollar drastically and lose confidence of its international partners. Afterall, they also can only lend so much money. I don't even want to know what the interest rate is on these loans! So my question is Will the United States experience a drastic downfall leveling off with Latin America where most of the countries have unstabile economies and horrible infrastructure? Please explain why and what could be done to turn around the economy if you are not pleased of what Congress is doing including the business ethics Corporations are practicing today in this country.
Edited by smiless on Wed 11/04/09 11:00 AM
|
|
raiderfan_32 Joined Tue 01/20/09 Posts: 1328 |
Audit the Fed
Repeal the 16th and 17th amendments. Put the power of the Senate back in the hands of the States where it belongs and take away the Federal Government's ability to tax without apportionment. Don't send your gold away in an envelope and trade it for worthless paper.. that's a good place to start
Edited by raiderfan_32 on Wed 11/04/09 11:37 AM
|