12.10.2008

Has the US Become a 'Failed State' ?

Is the US a 'failed state'? The CIA monitors the 'current account balance' of the world's nations. The 'current account' measures the value of US imports vis a vis its exports. The ratio often reflects the financial health of a nation, in this case, the US. According to the CIA, the US 'current account balance puts the US at the very bottom of a list of nations with a NEGATIVE balance of $-731,200,000,000. That's NEGATIVE 731 BILLION dollars. China tops the list in the black with $ 372 billion. The US position mirrors that of China but more so!

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