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The USA is Bankrupt   [Copy link] 中文

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Post time 2014-8-4 22:42:03 |Display all floors
04 August 2014.

The USA is bankrupt, it's insolvent, it can't pay the bills.

American congressmen will not admit it.

Americans have obligations of 230 trillion dollars of national debt.

Americans have obligations of 17 trillion dollars of foreign debt.

The USA is the biggest foreign debtor nation in the history of the world.

But all that is ignored American congressmen.

They fool fellow-Americans into believing that they can fix it with small changes in the budget.


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Post time 2014-8-5 16:18:24 |Display all floors
that is why they are going around to invade weak countries to plunder their resources for money~

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Post time 2014-8-5 19:26:38 |Display all floors
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Post time 2014-8-5 20:51:29 |Display all floors
mxposher Have you not seen the news ? The USA has told China they will back Japan 100% iif any country starts a military conflict with Japan. That is also why after China claimed the Senkaku / Diaoyu Islands . The USA flew 2 Nuclear bomber's right over the contested islands trying to pick a fight.

Ukraine is the USA trying to pick a fight with Russia.  The USA thinks it can very easy stop every nuke fired at the USA.  THE USA navy also has 18 Nuclear/Ballistic sub's. The Air Force Nuclear Bombers and Intercontinental MERV Missile's.  

Russia and China declared war on the US dollar when Russia made a deal to sell China gas without using the US dollar. That is why the USA right now is trying to start a war.

China is rich now today because the west buys cheap made goods from China. You sure really want a war? China would go back to a poor country when the west stands together and imposes trade embargo's and sanctions against China. Banks would freeze all assets of Chinese corporations.

China has a housing bubble that is so big the world has never seen anything like it. Millions of poor Chinese without a home. And then China has millions of vacant apartment's in huge sky scraper buildings. All these places are owned by Chinese that own multiple homes. And the Chinese people that need homes can not even afford to rent a vacant apartment. The USA will do every thing it can to pop this bubble when the time comes. And the scare of the housing market bubble in china pops is what has many rich Chinese selling all there Chinese properties. And buying outside of China like in Europe and the USA.

Be careful what you wish for , because we are almost to the point where its going to get really ugly for every living thing on this planet.

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Post time 2014-8-6 10:44:04 |Display all floors
any war with china, and the dollar would be reduce to toliet paper over night...
yes china would suffer as well, but remember the chinese are used to scraping a poor living, but still have a smile on their faces...
imagine how the americans would react to living in such conditions?.....
if you want something in life get off your backside, and do it yourself!! don't rely on others to do it for you

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Post time 2014-8-6 11:45:28 |Display all floors
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Post time 2014-8-6 11:51:43 |Display all floors
DF2ld Post time: 2014-8-5 19:45
Remember, Money (cash) is only a document for a debt. Its not gold but it is valued in gold, for e ...

Not another ghost!!!
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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