2006-06-23 08:10:29 · 9 answers · asked by seferitanner 4 in Business & Finance ➔ Other - Business & Finance
No.......wars dont make countries poor, just the poor people poorer and poor living people dead....
2006-06-23 08:22:35 · answer #1 · answered by hidoug 3 · 0⤊ 1⤋
The U.S. Dollar Index is falling, the U.S. has lost its manufacturing base and imports more than it ever did, individual families are not able or not willing to save as their more frugal ancestors did, private foreign investors are starting to ignore the dollar as an investment opportunity, the national debt is burgeoning, and the country's status as holder of the world's reserve currency is at risk.
If that status is lost, the standard of living in the United States will drop drastically, the economy will take a massive hit, and the way Americans look at work and the value of a buck will have to change in turn.
Is the USA getting poorer and poorer? As the economies of Europe and Asia boom and the United States finds itself suffering under the competition with a lack of preparation for duking it out in the global economic arena, yes. It is a bubble that's threatening to burst, and soon.
Yes.
2006-06-23 08:21:42 · answer #2 · answered by JStrat 6 · 0⤊ 0⤋
The rich are getting richer and the poor are getting poorer. That's just the way it is. I'm just glad I'm on the right side.
2006-06-23 08:14:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The rich get rich and the poor get poorer
2006-06-26 10:15:25 · answer #4 · answered by bobken 2 · 0⤊ 0⤋
no but the gap between rich and poor is growing, our dept to foreign countries (mainly china) is growing... or national defecit is growing exponentially and our average savings index (the amount of money the average citizen is saving) is actually in the negative for the first time in decades...
so, multinationals and their shareholders are making money... but you and me, we're s*o*l* and we're gonna be paying for daddy's war for quite some time...
2006-06-23 08:16:17 · answer #5 · answered by Jonny Propaganda 4 · 0⤊ 0⤋
usa will have a major problem with pensions in 30 years, see what happens then
2006-06-23 08:14:32 · answer #6 · answered by bigpete767 3 · 0⤊ 0⤋
no! of course not, we are only 8 TRILLION dollars in debt!
here is the national debt clock
http://www.toptips.com/debtclock.html
2006-06-23 08:18:18 · answer #7 · answered by macey301 2 · 0⤊ 0⤋
No richer and richer!!
2006-06-23 08:13:13 · answer #8 · answered by Conservative 5 · 0⤊ 0⤋
yup.
2006-06-23 08:14:30 · answer #9 · answered by Anonymous · 0⤊ 0⤋