[ExI] U.S. deeply imperiled due to it's massive debt

[John Grigg]

What real hope is there for the United States, due to our crushing
national deficit (our fault) and our growing dependence on China to
buy up that debt?  Are we really an empire in full decline?  Or do we
just face a very painful 5-10 year economic downturn, that we can
overcome if as a nation we learn to "live within a budget" and also
keep Wall Street & corporate America in check. LOL!  I guess we are
screwed...  This video really disturbed me.

http://fora.tv/2010/07/28/Niall_Ferguson_Empires_on_the_Edge_of_Chaos#Niall_Ferguson_Will_Debt_Trigger_the_Collapse_of_the_US

John