Thursday, June 22, 2006
YOU ARE THE NEW NUMBER THREE
But maybe not for very long. As China and India surpass America as economic superpowers, which all indications suggest will happen much sooner than later, I'm not sure we can even hold onto the number three spot. With our nation spiralling further into debt, our interest rates will rise, and we will be seen as a poor investment. The national aversion to labor won't help.
I don't think the national psyche will take this very well. Americans have become used to being the big boys, throwing around our (considerable) weight - and very quickly I might add.
How fast the might crumble. The bigger they are, well you know.....
Five years ago we were a surplus nation. In the balck, and enjoying the support of the wrold.
Hmmm, now where did we go wrong?
But maybe not for very long. As China and India surpass America as economic superpowers, which all indications suggest will happen much sooner than later, I'm not sure we can even hold onto the number three spot. With our nation spiralling further into debt, our interest rates will rise, and we will be seen as a poor investment. The national aversion to labor won't help.
I don't think the national psyche will take this very well. Americans have become used to being the big boys, throwing around our (considerable) weight - and very quickly I might add.
How fast the might crumble. The bigger they are, well you know.....
Five years ago we were a surplus nation. In the balck, and enjoying the support of the wrold.
Hmmm, now where did we go wrong?
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