Yet, while American capital expends vast sums of money on armaments and wars that return it nothing its people continue to suffer a rapid degradation of their conditions. On the 17th of May it was reported by the United Way that nearly 51 million households don’t earn enough to afford a monthly budget that includes housing, food, child care, health care, transportation and a cell phone. That’s 43% of households in the United States [...]
Tag: decline
The New Global Economy: Rise of China and Decline of USA
There is a limit to economic manipulations by empires. All empires have perished due to economic hardships […]
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