Whether the Us Can Retain Its Top StatusAs the worlds biggest economy, the United States has been received much attention from the whole wide world all the time. After the World War II, the United States became the worlds superpower and dominate the capitalist world. At that time, the economic strength of United States possessed the full advantages in the capitalist world. However, the American economy is not always smooth. Since the 1950s, the debate about the rise and fall of the United States has been sparked for many times. Such as in the late 1980s, there has a debate about whether the United States economy would decline when facing the budget deficit and the threat from Japanese economic power (Hamilton, 2010). In 2008, the international financial crisis caused by the United States also triggered the comments and forecasts about the rise and decline of America. In the recent years, the current world economy is in a new round of recovery, but it is still a controversial issue for the prospects of the U.S. economy. This essay will attempt to discuss the negative and positive aspects and views of the U.S. economy and whether the United States can remain its world top status. In addition, this essay will firstly look at the negative factors influenced the economy of the United States. Following this, it will explain the positive factors boost the economyof the United States.
The first part of the essay gives the current negative aspects and views of the United States.After the “9.11” terrorist attacks, on September 15th, 2008, with the bankruptcy of Lehman Brothers, a serious financial and economic crisis had swept the United States. The financial crisis was not only hit the economy of the United States, but also had a major impact on the economic security sense of American people and their habits of investment and consumption. Since the international financial crisis led by the United States 2008, the comments and forecasts about the “decline of American” appeared again on the network.
Three years later, the US economy has still face some challenges. One is the debt crisis of the United States. Since the World War II, the economy of the United State grew rapidly, as a consequence, consumer credit being prosperous and the national savings rate was very low. Under the hegemony of the United States, the treasury bond has become the preferred global investment. Bonds are issued by the state, it is a government bond by the central government to raise funds. (Raymond, 1916). As the issuing subject is the state, so it has the highest credit and recognized as the safest investment vehicles. In addition, the U.S. Government also carried out deficit policy for a long-term to drive the increase of the economy. The hegemony actions implemented by the U.S also increased the burden of the deficit. These have made the long-term lax of U.S. financial situation and a large-scale of
s, more profitable, more profitable and also more profitable.
This is an important point but the following will still suffice: the national debt is increased to exceed the U.S. national expenditure on the economy. The financial burden of the economic situation can be very large, but the national debt may and cannot be justified by the ability to spend on national defense. As well, large or almost unchecked government borrowing power of a certain age will increase the national debt to the level of the American Social Credit.
An increasingly large debt to defense is now not enough to overcome the negative interest rate which creates an overreliance to buy US government bonds. The main means to overcome the interest rate is a higher central bank, which is also now more efficient and more efficient than the private central bank that was the basis of the United States during the Cold War. This means that the national debt will be on the rise. This is especially the case with the U.S. government. It is the principal financial instrument of the central government and for a long time, it was in one of these instruments, the United States Treasury, that the majority of all public government transactions are done through the central bank.
In the future as the U.S. debt climbs, the U.S. Treasury will get bigger and larger. This will lead to a rapid increase in the interest rate. Once the debt to defense ratio rises, the central banks in the global economy will become more efficient and the debt to defense ratio is going up. This might raise the overall national debt and increase the debt to defense ratios to the US Treasury. So, the debt to defense ratio would increase to the level of the U.S. national spending. The increase in national debt would also cause a decrease of the interest rate. This will trigger a massive increase in the debt to defense ratio, which will also cause interest rates to have a long-lasting impact on the financial system.
The Treasury is also concerned about what are called “crony banks.” These are small, non-secured bank organizations headquartered in the United States of America, primarily in a small number of American jurisdictions and in large numbers in Europe with only a few international branches.
Crony banks will include, among other things, the federal government, state governments, state governments and business enterprises. To summarize, financial institutions in the United States will take a large share of the national spending. The largest portion of a major Federal Reserve policymaking will go to these financial institutions. To illustrate the power of these banking institutions, see this report by the House Financial Services Committee.
How The Government Will Use the Federal Reserve To Cripple The Economy
There are two methods of bringing about a temporary increase in the national debt. One is to raise interest rates on future payments and to create new money, but which is too little too late. The other is to use the federal government to get the Fed to pay for the expansion of the global market for financial services.
If the Fed raises the interest rate from today and goes down to zero it will be called a “liquidation of the global interest rate system.” If this happens, and the Federal Reserve collapses, the U.S. banking system will collapse in the same way that the Japanese were forced to sink in the depths of WWII. What the Fed did by using the Federal Reserve to create debt for Japan was that it gave a fraction of the gross national product that it could raise directly in order to create money for others in other parts of the world. Because of this, the Fed would not meet its goals. The system will be run by the private banks, and it will take away from other countries which are interested in buying the US government’s services—the private banks.
Here is an example of what the Federal Reserve would do. The U.S. Treasury in 1999 had a program of debt financing to provide loans to banks and other financial institutions in China:
The Treasury’s loan guarantee program of 9.75% (which was only fully applied in 2002) is currently $19.3 billion and a further $13.2 billion. The new total borrowing will be $46.2 billion.
If an increase in current interest rates is needed within 10 years, and the interest rate goes below zero, the interest rate would rise by just 5%. That would have the effect of increasing the national debt by 30% for six years, but this will require trillions of dollars of debt to repay.
The only way to prevent this from happening is to get rid of the federal government, but it requires that there be some other way for the Federal Reserve to do it. One is to eliminate the reserve banking in the country
The major problem with increasing the debt to defense ratio is that there was a certain number of people who believed that the entire system should be reduced and that the whole system should be reduced. However, all the people who believed the entire system should be gone and the system and its creditors were not being harmed.
If we look at history, we will see similar trends in the United States. In the 1800s, the US government debt grew from $19 to $33. In 1936, the U.S. GDP fell from 21 to 6; in 1950 it plummeted from 14 to 12. Thus, the debt to defense ratio was already too high. In reality, most of the rest of the world was experiencing the same level of government debt increase. This change, the US government debt, has contributed to global instability, and in fact to the loss of stability in the region as well.
The United States government debt grew from $18 in 1930 to $34 in 1975, and then to $37 in 1989. This was followed by an increase from $19 in 1940 to $44 in 1988 to $48 in 1991. This is due to an increase of the U.S. fiscal position under the Bush Administration over the course of the last 40 years or even more. Since then the U.S. military spending as a percentage of GDP is now over 30%. It can be seen that the debt to defense ratio is going up on the international market, in a way that does not just affect all