Look you guys are Americans so you are all brainwashed saying the pledge of allegiance every morning at school and all the crap. No point arguing with fanatics it is like trying to convince a terrorist not to blow himself up because his God does not exist.
rakishness you are not an economist and you have absolutely no idea what you are talking about. Do you even know what GDP is? Sure America has the highest GDP but it also has a huge population. When looking at GDP figures you need to look at them per capita as it takes into account population. When looking at highest GDP per capita which is the important one the USA is 9th on the list. Behind the European nations. Sure the average American goes on a cruise but the average American also has $8,000 credit card debt which means the average American is spending more than he is making. So any stats that you come up with about Americans leading comfortable lives just means that the average American is spending way more than he is making and in terms of GDP America is behind the European nations.
Now that the U.S. dollar has lost all its strength China is being tempted to sell their Dollar holdings. Nobody wants to have trillions of dollars of a currency that is worth less than the currencies of other countries. The Arab countries have already given up on the U.S. and switched to Euro's.
Also America is completely dependent on China for its imports. Chinas currency is not on the free market but it will be soon and when it does get on the free market and it's value goes through the roof America will be pay 3x the price on imports. That is scary to America being that 2/3 of America's GDP is made up of consumerism. Economically America is in a extremely dangerous place at the moment. To put it bluntly America's future is tied in with the Chinese Yuan. If it hits the free markets America is out of business for good. That is something nobody can dispute.
So do not tell me about American's living large with 64 billion dollars credit card debt and 1.3 trillion overall debt Americans are living way beyond their means. We are talking 4 mortgages on houses, sub-prime lenders giving money to America that do not qualify with mainstream lenders. So do not talk to me about the America economy, you have no idea about the economy.
Let's hear a few more fun facts about America
The United States puts 0.7 % of its population in Prison which is a vastly higher percentage than any other nation.
The Unites States has the highest murder rate per capita than any other civilized country on Earth. It is only beaten by some of the South American countries and the particular bad Easter European ones and of course South Africa.
The United States has the 7th highest rate of Gun violence again only beaten by African countries and other 3d world nations.
Suicide rates are higher than most European countries per capita? what does that mean Europeans are happier?
As far as crime in general goes America tops the list.
Now the stats on how dumb Americans are 49.6% of American adults have very low literacy skills.
Mathematical literacy 18th on the list and this is out of 27 countries
People that are not illiterate America is 36th on the list
Anyway I am tired of this argument. Whenever I spend a month in America I am inundated by stupid people it is that simple. When I spend time in Europe I actually have interesting conversations with people and as far as stats go in Europe I have less chance of getting shot in the face.
rakishness you are not an economist and you have absolutely no idea what you are talking about. Do you even know what GDP is? Sure America has the highest GDP but it also has a huge population. When looking at GDP figures you need to look at them per capita as it takes into account population. When looking at highest GDP per capita which is the important one the USA is 9th on the list. Behind the European nations. Sure the average American goes on a cruise but the average American also has $8,000 credit card debt which means the average American is spending more than he is making. So any stats that you come up with about Americans leading comfortable lives just means that the average American is spending way more than he is making and in terms of GDP America is behind the European nations.
Now that the U.S. dollar has lost all its strength China is being tempted to sell their Dollar holdings. Nobody wants to have trillions of dollars of a currency that is worth less than the currencies of other countries. The Arab countries have already given up on the U.S. and switched to Euro's.
Also America is completely dependent on China for its imports. Chinas currency is not on the free market but it will be soon and when it does get on the free market and it's value goes through the roof America will be pay 3x the price on imports. That is scary to America being that 2/3 of America's GDP is made up of consumerism. Economically America is in a extremely dangerous place at the moment. To put it bluntly America's future is tied in with the Chinese Yuan. If it hits the free markets America is out of business for good. That is something nobody can dispute.
So do not tell me about American's living large with 64 billion dollars credit card debt and 1.3 trillion overall debt Americans are living way beyond their means. We are talking 4 mortgages on houses, sub-prime lenders giving money to America that do not qualify with mainstream lenders. So do not talk to me about the America economy, you have no idea about the economy.
Let's hear a few more fun facts about America
The United States puts 0.7 % of its population in Prison which is a vastly higher percentage than any other nation.
The Unites States has the highest murder rate per capita than any other civilized country on Earth. It is only beaten by some of the South American countries and the particular bad Easter European ones and of course South Africa.
The United States has the 7th highest rate of Gun violence again only beaten by African countries and other 3d world nations.
Suicide rates are higher than most European countries per capita? what does that mean Europeans are happier?
As far as crime in general goes America tops the list.
Now the stats on how dumb Americans are 49.6% of American adults have very low literacy skills.
Mathematical literacy 18th on the list and this is out of 27 countries
People that are not illiterate America is 36th on the list
Anyway I am tired of this argument. Whenever I spend a month in America I am inundated by stupid people it is that simple. When I spend time in Europe I actually have interesting conversations with people and as far as stats go in Europe I have less chance of getting shot in the face.