The Frailty of America's Economy

Essay specific features

 

Issue:

Social Issues

 

Written by:

Robert Y

 

Date added:

August 4, 2013

 

Level:

University

 

Grade:

 

No of pages / words:

4 / 973

 

Was viewed:

7575 times

 

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Essay content:

It is difficult to be certain where power truly lies in today's world. Economists have been warning for years of a potentially devastating loss of power and funding, in the United States. Lately, some analysts are saying that a depression in America is not a matter of "if," but, "when." Several groups threaten to disrupt American dominance, including, but not exclusively, The European Union, China and south-east Asia, and Brazil...
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America could be living out its last years as world superpower due to foreign prosperity, and national overspending. The US has an 829.1 Billion dollar trade deficit (CIA). This means that the total value of imported goods to the US is 829.1 billion dollars more than the value of its exports and was a total of 202 billion just last year (Hall)...
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