Sound Money Versus Weak Money
I am hearing these days more and more our politicians talking about how bad the USA Economy is and also they point out that the other world economies are in much worst shape. Is that right? Let’s take a look at the Japan Economy. The only reason the BOJ is keeping the interest rate so low is to give a support to the US dollar. Japan’s economy is in fact in much better shape because the Japanesse Government is borrowing money from their citizens, only. Japan is the bigger creditor in the world, instead USA is the bigger debtor. The Japan’s Economy is a Sound Economy, because their Exports are higher then the Imports and they do not need money from nobody. Instead, the USA imports are higher then the exports and he Government is borrowing money from all over the World to support these extenuant expenses. I’m wondering for how long this is going to be our first priority. Probably long enough to collapse the Economy. It’s been going on forever like a nightmare, and does not have any chance to end up soon. There are few people out there that know, or understand what’s going on, but afraid to speak up because they can become unpopullar and risk their political future. This is why we need fresh blood in the Senate not a politician but a business man with no fear for his political future that can have a heavy word and is followed by his admirers. At this point I don’t see nobody capable of executing the huge plan of pushing USA out of the Economic Collapse. I hope to see a real leader on my watch.
Article Source: http://EzineArticles.com/?expert=Michael_Potra |
