Reply #9: Stagnating, No; it's tanking . .

[ConcernedCanuk]

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It's in free-fall, and gonna get worse.

Long overdue methinks. Why should a country supposedly as rich as the USA owe billions of dollars to China, and who knows how much else around the globe?

I'm a poor man, but I owe next to nothing. NO credit cards, no loans, no mortgage.

I live within my means, albeit meager.

When I get a chunk of money,

it's all mine.

Now why can't a "rich" country like the USA just work on what they "have" instead of what they "want"?

Oh, it's that greed thing.