Pretty sure they collectively own like 10% of the debt. The vast majority of it is owed to US institutions, which barely matters at all.
And a collapse is not realistic in the foreseeable future. The US has problems like everywhere else, but nowhere near enough to trigger a great loss of national cohesion.
No, partisan politics overblown by social media and clickbaits is not reason enough for a country to collapse.
But during the same time span, global GDP went from $33.5 trillion to 75.4 trillion - the US share of the world economy dropped from 30% to 25%. Also, the global GDP growth rate has been slightly higher than the US GDP growth rate over the same period. And that's all before getting into domestic costs, and purchasing power - $1 of expenditure doesn't buy nearly as much military hardware in the US as in China, for example.
While I hardly think the collapse of the US is inevitable, I think a major medium-length downturn in the US economy is extremely likely in the near future; I have put my money where my mouth is - I completely exited the US stock market last week, and rather then re-investing for returns or equity, I'm remaining as liquid as I can (I'm too busy to monitor things personally on the necessary basis, and setting automatic tripwires in today's world of flash crashes and other ultra-high-speed trading isn't something my conservative self is comfortable with).
"In today’s America, conservatives who actually want to conserve are as rare as liberals who actually want to liberate. The once-significant language of an earlier era has had the meaning sucked right out of it, the better to serve as camouflage for a kleptocratic feeding frenzy in which both establishment parties participate with equal abandon" (Taking a break from the criminal, incompetent liars at the NSA, to bring you the above political observation, from The Archdruid Report.)
It may fundamentally change in the near future, the next 100 years or so, but the US/China economic buffer makes true collapse nearly impossible. The idea that the US economy is failing must come from a basic ignorance on the topic. The US economy isn't serving its people as well as it should, and a major course correction is inevitable on that point, but that's far from a collapse. This is some low grade fear mongering.
Maybe climate change will end all nations.
The others? Depends on how much change the system can handle, before it breaks.
"And all those exclamation marks, you notice? Five?
A sure sign of someone who wears his underpants on his head."
might want to get some experience other than mcdonalds. isnt that bad for the rest of us, guess we doing something right.
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nah you mean want, the world doesn't want USA particularly but needs it very very badly. when one country produces so much of the new tech and innovation that no other country can currently fill the gap then it is very badly needed, unless you one of those biblethumpers that prefers to dwell in a cave.
I personally think the US will collapse in the coming decades, but not because of the reasons you mentioned.
I think the rift between cultures, believes, political views and races is nearing the breaking point. It's a natural thing btw, this happens in any country at some point. It's just that the US is a reletavily young country and it still has to go through these motions.
Implying that that technology and innovation is somehow property of the USA? 90% of that tech and innovation is property of the companies that produced it. You think they give a rats ass what country they happen to produce it in? If the USA looks to be heading to a bad place, pretty much every one of those companies that isn't entirely manufacturing dependent could relocate their brain-trust to just about anywhere else on the planet with very little effort or impact on their bottom line. This might be a shock to you, but the USA does not own Google, or Amazon, or apple or Microsoft, or 99% of the "innovation and technology" that you appear to be so proud of.
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"This will be a fight against overwhelming odds from which survival cannot be expected. We will do what damage we can."
-- Capt. Copeland
The only nation that has been doing any raping and pillaging since WW2 is the US, which is much more hated worldwide than the EU ever was. But your post is very american. ''We are the best fuck yall''. When in reality you are the dumbest and fattest nation alive. And your country is falling apart by the day.
(Infracted)
Last edited by mmocc02219cc8b; 2017-10-22 at 12:20 PM.
It is only matter of time before global economic collapse which will lead to another world war.
No, it's not. You better hope it isn't aswell.
Because it'd fuck the global economy for a good bit too.
Most of the issues highlighted in the OP are either results of corruption or buying votes by the left along with subsidizing immigrant workers who take up jobs that previously were filled by teenagers for pocket money.
Tossing out the kiddy diddlers from your gov't (and shadow government, huh huh) will go a long way to start with.