has the us lost control?, page-37

some of the points you raise about America are good, but i still stand my reasons for the coming collapse.

but i couldnt help but notice this point you made

"At least Americans aren't as big a slave to their mortages"

im sorry, but Americans owe more money to everyone else than everyone owns their creditors. America is in debt so much, they cannot get out if it unless the print the money, and this will send the USD through the floor. America's real estate problems have only just begun. AUS do not make up the other 30% through buying houses lol

America consume 70 % because they think its perfectly sustainable to consume, consume consume and no need to save because my little mastercard friend will help me out, it cant forever, there comes a time when you have to pay the debts back for the consumption binge