2007-06-06 23:03:14 · 12 answers · asked by Ken J 1 in Travel ➔ Asia Pacific ➔ Philippines
because it is spending too much money on the war on iraq. the reason why the dollar keeps on depreciating while the euro, yen and even our peso is on the rise.
2007-06-06 23:24:54 · answer #1 · answered by Anonymous · 9⤊ 6⤋
Who says USA is going bankrupt? Almost all the billionaires in the world live there.
Anywayzzzzzzz, the industry and commerce are still very much alive in the US. They have the top inventors, top computer tech people, top entrepreneurs, top financial geniuses and not to mention top TV and film distributorship.
Every country in the world pays a lot for their expertise and professional advice.
ITs not very easy to put USA down!
2007-06-07 13:15:31 · answer #2 · answered by DeathStar 4 · 1⤊ 1⤋
Here is a little ditty for you. The good old USA is Not going bankrupt! Not as long as the government has the ability to tax us.
2007-06-07 18:45:15 · answer #3 · answered by Boston Mark 5 · 1⤊ 1⤋
Lol, you really think its going bankrupt seriously? Just because the dollar is down doesn't mean its bankrupt. Use your brains will you? Instead of your personal hatred of the U.S. If you look at financial history you will see that the dollar has gone down and gone up. During the 70's it was way down. The 80's it started back up, and climbed through the 90's. Now its down again. Look at the Japanese yen Was very high during the 70's & 80's then took a nose dive during the 90's, and is slowly coming back up again. The famous Euro was low, then went up, went down a little, and now is back up. Should we talk about the British pound next?
2007-06-07 07:43:31 · answer #4 · answered by Brian F 5 · 2⤊ 3⤋
BANKRUPT???
The US survived a major terrorist attack in 2001 at the heart of their economic grind, they are on a war in Iraq, and have combat troops in Afghanistan costing them hundreds of billions, if not trillions of dollars since it broke out years ago, now they are planning on a multi-billion dollar missle defence system in western europe.... and their economy is still going!!! It's hurt now, but still going strong.
Now how many other countries could have afforded this all??
Even if Japan, Germany and the United Kingdom went to Iraq and Afghanistan together and did what the US did almost single handedly, for as long as the US did, their economies would be six feet under.
I would say that the US economy is like a Corvette. It would take more than a dented bumper to keep the motor from running.
2007-06-07 18:23:59 · answer #5 · answered by Anonymous · 1⤊ 4⤋
I think it is morally bankrupt for waging an immoral war in Iraq.
2007-06-07 21:33:25 · answer #6 · answered by morning breath 3 · 2⤊ 0⤋
China
2007-06-09 00:00:24 · answer #7 · answered by phoneguy955 4 · 0⤊ 0⤋
I don't think they are anywhere near bankrupt, but i must say that illegal immigrants are a financial boat anchor.
The war doesn't help much either.
2007-06-07 09:19:14 · answer #8 · answered by Anonymous · 1⤊ 1⤋
the war on terrorism is really brining the U.S. down, but i would not necessarily say it is bankrupt
2007-06-07 07:51:32 · answer #9 · answered by ╚kco®games 4 · 2⤊ 0⤋
Brian F, I like your answer.
This question is based on personal hatred toward the U.S.
Some filipino's boast about the peso rising over the dollar as personal gratitude. Some filipino's perspective views of measuring Philippines progress over the U.S. is all wrong.
Yes, I would like for the Philippines to rise as nation to make a better life for the poor.
2007-06-07 11:32:05 · answer #10 · answered by Big P 5 · 2⤊ 7⤋
If pro is the opposite of con
WHAT is the opposite of PROgress
2007-06-07 06:12:12 · answer #11 · answered by tom4bucs 7 · 2⤊ 3⤋