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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Perspective who wrote (251018)7/18/2003 1:24:42 PM
From: mishedlo  Read Replies (2) of 436258
 
Response to your post from Hack on the fool

the problem as i see it is much simpler:

the u.s. consumes far too much relative to its natural resource and human resource capacity.

everything else is an offshoot of this fundamental flaw. because of cold war military and political influence, the U.S. has ridden the wave and managed to keep spending based on the momentum. this will have disasterous consequences when the momentum is headed in a direction that DOESN'T favor the u.s. spendthrift and deficit spending lifestyle.

think about it: we've had everything going our way for several decades - and yet we have a deficit and not a surplus at the personal, corporate, and governmental levels.

what happens when that tailwind becomes a headwind?
how will debts be paid?
how will this lifestyle continue to be financed?

BTW; every seen how long it takes an oil tanker to do a 180? it ain't quick.

-hack
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