Shopping Time

...have not realized that the U.S. dollar is a resource that is loosing its ground. By continuing to depend on the “power of the almighty U.S. dollar” big shot economists like Alan Greenspan will quickly realize that the power delineates from a system that’s rapidly changing and we must change with it in order to keep up! It is imperative that this country does three things: change its economic policy with regards to the level of national debt we currently incur, stop having poorer countries depend on our purchasing of their goods to stay in a place of inferiority, and lastly go ahead and accept the fact of how vulnerable this country is to being economically vanquished because of the impact that foreign investments have on our economy. “America’s prosperity can vanish just as swiftly if foreign investors decide to take back their money.” That is real, in black and white, in print and in a national periodical. The United States still doesn’t get how penetrable this country really is, from an economic standpoint. “Sooner or later foreign investors will react with alarm.” The U.S. is not willing to play the game, when it comes to curbing their import volumes to allow other countries to pick up the slack in demand. This country seems hell bent on owning and keeping their indebtedness to other nations just to keep an air of superiority by knowing that these countries depend on the U.S. for most, if not all, of its economic support. I think in order for this country to even admit that its blinders are on when it comes to continually thriving in a global society, something will have to hit us home and hit hard. The reason that 911 was such a tragic event, despite the countless people who lost their lives, was the fact th...

Essay Information


Words: 616
Pages: 2.5
Rating: None

All Papers Are For Research And Reference Purposes Only. You must cite our web site as your source.