/biz/ - Business & Finance

>>54486900
>all of these countries are broke
Every country on the planet is broke because of fractional reserve banking. A country being broke is a meaningless term when productivity in a country's real economy is the only thing that matters. The United States has a trade deficit and is going insolvent, that's really bad fucking news because its manufacturing institutions and skilled labor is outside of it. What happens when the USD implodes. Oh that's right, it won't be able to buy the manufacturing goods outside of it and doesn't have enough skilled labor force to supply its own. The United States is filled with too many chiefs not enough Indians, basically too many service roles, not enough manufacturing roles. The implosion of the US economy is going to fucking hurt everyone, but it will recover eventually because geographically the land has the potential to be productive as fuck. It's global empire status will be over though, just like all other empires throughout history.

Got some interesting news here. Look who's on the list.