When do you expect the US to collapse?

Question

I was reading the other day that the US was at 8,689,103,419,475 dollars and 70 cents, and it is probably a few more millions as we speak, cost of the Iraq war is about 170,000/per minute,(Nationalpriorities.org) so let's say approximately 2,833 dollars and 33 cents per second. That's without taken into consideration, immigration, health care, education, security, public housing, environment, etc. My first question is where all that money come from, and when do you expect the US to collapse? I'm a student, so make your answer useful and knowledgeable

Answer 1

people dont get it but government spending helps the economy....it raises GDP(gross domestic product)

Answer 2

The country will collapse when Hillary Clinton takes office.... Actually the "money" comes from taxes that the government charges us. The US will collapse if we continue to spend more money than we take in. That almost happened in California when Gray Davis was governor a few years ago and businesses were leaving California like crazy. Since Arnold became Governor the economy in California has turned around and our credit rating has climbed back up to the top. We are building highways and improving our infrastructure. California has gotten a hold of its spending and this turned the economy around. The US economy is actually quite strong right now with unemployment down, new job creation up, gross national product up taxes and interest rates at an all time low. It seems to me like the media and some public education centers are trying to paint a picture that the US economy is in dire straits and ready to collapse. This makes the general population think that they need to "jump" ship and turn to another political party to make things better. The truth is out there if you know where to look for the info. Your not going to find it in the newspaper since most of them are extremely biased toward certain political parties.

Answer 3

The US will never collapse. The national economy will continually ebb and flow like it has for centuries. Booms, recessions, and depressions are influenced heavily by the federal reserve. Modern fiscal policy dictates that the Fed influences the economy by adjusting the interest rates that it loans money to banks, as well as selling and buying US treasury bonds. US treasury bonds are among the safest investment worldwide, the US has never defaulted on treasury bonds. As national and global politics change, certain strains can be put onto the economy, however, no matter the politics involved, Americans are fighters, and will never let the greatest country in the world fail due to inept leaders.

Answer 4

That relies upon heavily on how speedily it collapses, and different matters effecting us on the time. you additionally can assume inflation to a value we've by no skill seen in recorded history. think of post WW1 Germany, yet worse.

Answer 5

Never