Global economy

What is Economic Development? TAGS: | | |

No single definition incorporates all of the different strands of economic development. Typically economic  development can be described in terms of objectives. These are most commonly described as the creation of jobs and wealth, and the improvement of quality of life.

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The end of the United States of America TAGS: | | | |

debt

The USA is the most powerful country in the world today. The largest economy, the powerful military forces and the largest number of people suffering from obesity. The United States dollar is the number one currency worldwide. We`re being told this every day. We here far less about the fact that the United States of America is totally bankrupt. The official national debt of the United States amounts to over 15.5 trillion dollars. Some experts estimate the total United States debt is over 100 trillion dollars. Every hour United States government borrows $168,000,000. In 2012, the US government plans to borrow almost half of all budget expenditures $1,600,000,000 000. That kind of debt cannot be paid. The question of repayment isn`t even a matter of discussion.

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