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

Olga Bourlin olga.bourlin at gmail.com
Fri Sep 24 20:06:21 UTC 2010

"We can have democracy in this country or we can have great wealth
concentrated in the hands of a few, but we can't have both." - Louis
Brandeis, U.S. Supreme Court Justice

On Fri, Sep 24, 2010 at 11:12 AM, Rafal Smigrodzki
<rafal.smigrodzki at gmail.com> wrote:
> On Tue, Sep 21, 2010 at 3:33 AM, John Grigg <possiblepaths2050 at gmail.com> wrote:
>> 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
> ### Why would you want to keep corporate America in check? To make things worse?
> Rafal
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