Nothing but a pack of cards

[andrewducker]

If you have eny economic knowledge, or interest in such, read this, which demonstrates that the US has no got itself into such huge debt that it's only floating because other countries are afraid to let it sink and so keep lending it money.

All it's going to take is a move to other currencies for internation trade (say, the Euro, for instance) and the whole thing will come crashing down.

The next few years should be very interesting...

Comments

[heron61.livejournal.com]

That's one crash I'm very much looking forward too. The whole "free trade" economy is a humanitarian disgrace, especially given that the US could be far more self-sufficient.

[diffrentcolours]

Interesting in a "learn how to bake bread and buy a crossbow" sense :)