Is the US economy really ok?

As debt is escalating a mere high, infastructures collaspsing and unemployment rising, I myself do not believe the US economy is really "ok." It is because of U.S and world finanicial systems that financiers cannot stop due to the systems they are running are the cause of its downfall. Many jobs are declining and unemployment is increasing.

The U.S is one of the largest debtor nations in the world. For this reason, the U.S is importing billions of dollars in goods and services than it is exporting each year. Foreign investors, included within the NAFTA agreement are holding money that the American people would be holding if the trade agreement within the U.S wasn't so dependent on other countries for such goods.

Also, the falling dollar has had an impact on the U.S economy as it hardly worth anything compared to other foreign countries. People can cash in their paychecks from other countries to U.S money and profit from expanding their dollar into U.S money and purchasing more than they would be able to in their own country. All of these factors that play out our economy does not lead it in any better shape than it already it is.



http://www.marketoracle.co.uk/Article2922.html



http://news.bbc.co.uk/1/hi/business/4209709.stm


http://www.forbes.com/feeds/ap/2008/09/22/ap5454220.html