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<p>[QUOTE=&quot;medoraman, post: 1174382, member: 26302&quot;]No one is more knowledgable to be able to determine something like this. I just remember past doom and gloom about the national debt similar to current worries. YES, it needs to be trimmed and spending cut. Look around the world though, and the US is not in horrid shape. Many countries have much higher levels of debt to GDP, most developed nations have lower growth rates, and the fast growing countries have some massive problems of their own. Looking around I really can make a case that the US, for major economies, still has the best case for their currency. Not a foolproof case, but a case. I can go through country by country if people are interested. Every currency has some problems. Just as a case, since everyone talks about China and the yuan, this is still a communist country that the central party can do whatever they please, have raised military aggression levels, and worst of all is the fastest aging country in the world. The amount of GDP that will go to caring for the literally tens of millions of new retiress every year is unprecedented. As it is labor shortages have begun to push labor rates up 200-300% just in the last few years.</p><p><br /></p><p>Given every currency has problems, I am not so pessimistic as many here concerning the dollar. Could I be wrong? Absolutely. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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