We are bust. We consume all we earn. We save nothing. We borrow $2 billion a day to finance our trade deficit and buy all those goods and gadgets at the mall. The Chinese save between 35 percent and 50 percent of all they earn.
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1 comment:
Yes, we are bankrupt economically and spiritually. Bin Ladin said he wanted to bankrupt the USA and he has achieved that goal.
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