Before There’s No Way Out The United States economy missed two
opportunities of going through a necessary recession. Some argue
that the government’s involvement is what the nation needed.
Sure, stimulating the economy to prevent massive layoffs is a
good thing, in the short run. However, the country is facing a
large devaluation of its currency, i.e. the U.S. dollar becoming
more worthless. Prices will dramatically rise, investment will
disappear, and unemployment will reach record highs. It is time
the American people understand their circumstances so they can
put pressure on the government to act appropriately. The
government’s sustainability can be credited to Japanese, Chinese
and the Federal Reserve’s investment in treasury securities.
Otherwise, the government would have defaulted a long time ago.
If the government faces a deficit, then the United States has,
at most, three options: find other lenders, increase taxes and
decrease spending, or just default. I propose that a mix of the
second and third o