Quote:
Originally Posted by k0nr4d
How is it not his fault? he insists on continueing his war, which is costing lots of money. They have to print more money, thus making the US dollar drop like a rock. On top of that, people are dumping US funds because of the drop, furthering the issue. This is analing people like me, who get paid mostly in USD but live abroad  |
Sure, the admin are responsible to a degree (ie in that they are totally incompetent and clueless), but there are many other factors as well and, with our without a "war", it's only a matter of time before shit hits. The country is unsustainable and can't generate "wealth" and have been supported by loans for years while living off a fantasy national credit card.
It's easy to say, and harder to do, but US industry needs a more solid core base and severely needs to compete internationally. But again... that costs plenty money which does not exist (more loans??). There are many aspects similar to "industry" and they all contribute to the core unsustainable element and this has never been a concern of govt for decades - all fantasy.