Post
Topic
Board Economics
Re: Trump: The United States could soon become a large-scale Spain or Greece
by
cdog
on 15/05/2013, 09:55:00 UTC
That story has been pushed for months by Newsmax, which is basically a conservative propaganda machine. Its not journalism, its an agenda being masqueraded as journalism.

Really, Im down on the US Dollar, the Fed, Treasury, etc, but the USD is FAR better off than almost every other currency. The problem with our economy comes down to jobs and the fact that most of the money being made is going to fewer and fewer people.  Minimum wage (~$8/hour) isnt a working wage, it isnt sustainable. Its one step above slave labor and indentured servitude.

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

At a certain point, The People will revolt. Thats the real threat. Bitcoin is part of this threat.