good post Hinchinbrook.IMO the US needs to reinvent itself from...

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moorookamick

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19/09/21

13:18

Post #: 56184499
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Originally posted by Hinchinbrook: ↑

There is NO Fix.... The USA is in decline and neither a Democratic, nor Republican Government can prevent that decline.

The Republicans have no policy agenda for The Future...none!....zilch!

Obviously, Republican opposition to Infrastructure is an indication of their own lack of policy in this area.

The USA crumbles under aged and unrepaired infrastructure and Republicans simply want to make the Rich ---- Richer!

Meanwhile, USA Debt, Both Government and private grows, exponentially, into what can never be repaid.

The talk of Rising interest rates is exactly that...Talk ------ Rates cannot rise to any sort of normality, simply because the interest payments will collapse both the Economy and the Share Market... This is Real - it is not "fake news" or rantings from a HotCopper "poster".

Ok...You dont believe me ---- Just do some extensive, not selective, research --- read much, then read more. Get a full understanding of the problems that the USA has and the problems is also faces in the future.

There are Problems that are impossible to solve, regardless of which Political Party has control of Government.

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good post Hinchinbrook.

IMO the US needs to reinvent itself from grassroots up
and Washington or Wall St can do the job for it.

In the late 19th C when the US was economically hitting its straps
industrialists were given enormous assistance from the States
& Washington via infrastructure etc 7 of course like China now,
the US was copying British & Eurpoean inventions.
Engines, cars trucks trains etc.

https://en.wikipedia.org/wiki/Economic_history_of_the_United_States

In summary, the USA gained global economic dominance via
its rapid industrialisation. Does that sound familiar now?

While WW1 economically wrecked Western Europe, the US
economically was the big beneficiary until Wall St collapsed
in 1929.
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