The U.S. dollar will eventually reverse it's slide, the deficit will shrink and the economy will start churning again. There will be pain in the short term.
You have to admit though, it's hilarious to hear some people say things like "The U.S. empire is going to crash like the roman empire" and "China is going spank the U.S. in a few years". So quick to write off what is arguably the most resilient economy the world has ever seen. Silly little kids.
|