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

Rafal Smigrodzki rafal.smigrodzki at gmail.com
Fri Sep 24 18:12:33 UTC 2010


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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