The current account deficit:
http://en.wikipedia.org/wik...
Summary:
Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop fin...
Summary: Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Also check out the 1-minute video which I'm responding to for a quick explanation
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the dollar has been decreasing in value since 1913, actually, when the federal reserve bill was passed. But it has been falling more and more dramatically since 1999. Tuathalful , your an idiot. sorry, but you are. do you know the deffinition of socialism and the deffinition of capitalism, because everything being owned by a few corporations is very socialist, and NOT american. Especially since those few corporations are the ones who run this country and the world.
whenever I start talking about the DXY to people the Twilight Zone theme song starts to play out of nowhere. Stop complaining about high prices and focus on purchase power of our dollar! That's the origin of the high prices. 5*s!
The SYSTEM is in fact THE PROBLEM. What you see and fear around you spsenator & itburns has always gone on. You compare what's around you with the American dream perhaps? A false past, a mythology of USA having once been a just and equitable society; this was never the case. USA was always rife with inequality, class, racism and systemically entrenched injustice generally. For a while the US had the world fooled, but fortunately the rest of the world doesn't believe everything on commerical TV.
dude........the US didnt try to fool anyone about what it was and what it represented.....it just so happens the rest of the world had been involved and executing the very things you accuse the USA of centuries before ....a pig doesnt point his hoof at another pig in discust.......it was going on everywhere
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oh yeah fuck the us
Tuathalful , your an idiot. sorry, but you are. do you know the deffinition of socialism and the deffinition of capitalism, because everything being owned by a few corporations is very socialist, and NOT american. Especially since those few corporations are the ones who run this country and the world.
Stop complaining about high prices and focus on purchase power of our dollar! That's the origin of the high prices.
5*s!
Man, you are one deluded american. Keep making excuses, bitchface. Watch what happens.
Nothing shit bag! I have listened to loud mouth alarmist losers like you for years and you always end up wrong.