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The Frailty of America's Economy
Essay specific features
Written by:
Robert Y
Date added:
August 4, 2013
Level:
University
Grade:
No of pages / words:
4 / 973
Was viewed:
7582 times
Rating of current essay:
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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