Topic: 1 trillion dollars a year! | |
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Edited by
smiless
on
Wed 11/04/09 11:00 AM
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Some economic advisors from the University of Harvard mentioned that the U.S. is borrowing a trillion dollars a year and that it will be a economic downfall if continued.
The reason why is it would devalue the dollar drastically and lose confidence of its international partners. Afterall, they also can only lend so much money. I don't even want to know what the interest rate is on these loans! So my question is Will the United States experience a drastic downfall leveling off with Latin America where most of the countries have unstabile economies and horrible infrastructure? Please explain why and what could be done to turn around the economy if you are not pleased of what Congress is doing including the business ethics Corporations are practicing today in this country. |
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Edited by
raiderfan_32
on
Wed 11/04/09 11:37 AM
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Audit the Fed
Repeal the 16th and 17th amendments. Put the power of the Senate back in the hands of the States where it belongs and take away the Federal Government's ability to tax without apportionment. Don't send your gold away in an envelope and trade it for worthless paper.. that's a good place to start |
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