The US has high household debts too. Just in every field the result is bad which makes it difficult to see any improvements in the future. Investment is actually needed but debts are at a skyhigh level so the US is in a very bad situation. The US is losing it's good position in every field. The worst thing is for all the money the US borrowed, the US received little in return. On contrary it's way worse now.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
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