Teeqoz said:
RenCutypoison said:
Teeqoz said: US is certainly not the only country in economic trouble. China's rapid growth has stopped (and their real-estate bubble is way worse than the US' bubble!), Russia's economy is quickly going down the crapper etc. |
Russia and China are pretty unique situation, whereas US is using the same strategy as Japan in the 90's (aka using all the cash to create employement) so we know where this is going.
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Russia's situation is unique? Inflation and stock market collapse is unique?
But you really can't compare the US to Japan. it really doesn't work that way. Besides, are you aware that the federal deficit of the US is decreasing? Meaning that they're starting to slowly but surely get their shit straight.
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You have 100% debt, russia has 13%, china has 20%. russia is in unique position because their crisis is triggered by us and saudi arabia. America isnt influenced by anyone yet they still fail or can fail.