Monday, December 5, 2011

How The U.S. Will Become a 3rd World Country



PART 1:

http://www.zerohedge.com/news/guest-post-how-us-will-become-3rd-world-country-part-1

The United States is increasingly similar to a 3rd world county in several ways and is accelerating towards 3rd world status. Economic data indicate a harsh reality that obviates mainstream political debate. The evidence suggests that, without fundamental reforms, the U.S. will become a post industrial neo-3rd-world country by 2032.
PART 2:

http://www.zerohedge.com/news/how-us-will-become-3rd-world-country-part-2
Federal Reserve monetary policies and federal government economic, regulatory and tax policies seem to favor the largest banks and corporations over the interests of small businesses or of the general population.  The potential elimination of the middle class could reshape the socioeconomic strata of American society in the image of a 3rd world country.  It seems only a matter of time before the devolution of the United States becomes more visible.  As the U.S. economy continues to decline, public health, nutrition and education, as well as the country’s infrastructure, will visibly deteriorate.  There is little evidence of political will or leadership for fundamental reforms.  All other things being equal, the U.S. will become a post industrial neo-3rd-world country by 2032.

Lots to read here folks.  I only pasted the smallest of excerpts... Follow the links for more info!

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