Is America Really a Third-World Country?

1st still

The people and the government are still living large in upper first world style, but the strain of being maxed out on debt and facing bankruptcy is showing. We are the consuming part of the G2, so we can only ship wealth from shopping malls to China, which now has most of the manufacturing capacity.

On the other hand, we still have enormous natural resources to draw on for wealth, but of course population increases have an immediate effect of lowering wealth as per capita natural resources, and the population is booming. Some strain is appearing in non-renewable natural resources. Peak water in the southwest, peak oil, and global war are a sign of incipient overpopulation. Nevertheless we should be able to raise some cash by selling natural resources. Obama might want to sell Seward's Folly back to Russia to raise some cash and rid himself of his most creditable future opponent, Gov. Sarah Palin.

Another bright spot in the economy is our military supremacy. We can invade other countries and steal their wealth and enslave their people.

Luther of IL @ Apr 03, 2009 14:48:29 PM