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Totally agree the US will be either bankrupt or in a major depression, possibly even have a civil war/revolution as Americans get fed up with their government. Regardless the country will be in major trouble financially and towards the end of the decade possible the next decade after that will be a major hub for outsourcing much like india and china are now due to the cheap labor.
China will be the worlds superpower, have a very strong economy and military. The $us will be dumped as the world currency, and if current spending keeps up in the US could even start experiencing Zimbabwe like inflation.
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