Here are some sobering facts: The U.S. loses 725 billion dollars a year in another country by operating losses. This money is not to buy our goods and services. E 'up to three additional functions of the United States:
1. Foreign countries are financing the U.S. government - with levels as high as 53% of U.S. government bonds in foreign hands down 2. The stranger, use the rest of the money to buy our industries and enterprises (over 16,000 U.S. companies that produce wealth in the last 30 years) 3 United States Many industries are now non-US companies (such as publishing books for 63% ownership foreign sound recording industries 97%, 75% of motion pictures, the cement industry, 62%) controls
The result: foreign lenders are actually supported the U.S. government, lower U.S. interest rates and consumer spending. If foreign countries stop these loans are easy to grow in the United States, the imported goods cheaper and the government should raise interest rates to attract lenders in the United States government bonds. We assume naive belief in the sustainability of the superpower status of the United States. N superpower in history has ever so little of what they consumed in taking so long to produce a crushing debt. Why is this a risk? If foreign creditors are willing to help us continue to ship goods abroad and our government to bankroll an indefinite period, everything would be in exchange for dollar bills printed, and in order. But at some point, be able to continue as U.S. debt rising foreign demand a bit 'more than one document as collateral for the loan. As currently purchase using most of these dollars to our credit, will always offer less than the U.S. as a guarantee. U.S. prices of debt and financial losses are much faster than the rate we replace them with new industries and new factories climbing. We assume that every point we can provide our industry a whim to rebuild. The U.S. automobile industry shows how difficult it is. It takes time, money and know-how - three luxury of a country at war with massive debts can not have. Why was nothing done? This is designed for 30 years and like any new government that are not taken with the "hot potato". Instead, make the country U. S. undervaluation of its currency in Asia and do not open their markets. The United States accuses Europe does not help reign in the military threats to global stability and to subsidize their own industries. Meanwhile, these regions, the debt of the United States for abusing its status as a slightly run a world power, huge deficits in the lifestyle of the United States without the support of domestic production. By our own admission, has moved from a manufacturing to a services economy. However, we do not recognize that domestic services are not easily exchanged for foreign goods. At present, our goods deficit with the rest of the world is 14 times greater than our surplus services. Straw Finally, high oil prices, terrorism, higher interest rates or other exogenous factors that could upset the delicate balance that currently supports the U.S. standard of living. Our options are to wait to see the market forces that want to return to a balanced situation or problem and develop a plan to tackle this problem. The problem with "wait and see approach is that since other countries are actively implementing its economic" war plans "we can not then it is likely that the new balance in S. U. The problem: The proposed approach is pain-term for the United States and the outcome can not be what we expected either. At least, the leaders of the United States, a working group to examine the issue in detail and understand the magnitude of our economic weakness and to make as many Different scenarios can happen any time soon. Everything else is nothing short of a disgrace to the past generations who sacrificed themselves for our current position and dereliction of duty for future generations, based on the debts of this generation have to live.
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