Re:Huawei targeted in new European Parliament corruption probe
by FirmwareBurner on Thursday March 13, 2025 @01:36PM
(#43355547)
>which in 10 years could not be the case anymore
What makes you say that? A lot of things can happen in 10 years. Should we all just do northing and wait until then?
>The US is in a terrible fiscal shape right now
If being the worlds leading economy and military superpower is what a terrible fiscal shape looks like I think many countries in the world would want to be "terrible" right now.
We'd have even more GDP growth than America :-)
As well, the Euro would be worthless. US could print the 2008 crisis without massive currency debasement because of its reserve currency status, which in 10 years could not be the case anymore.
This means that the US has this huge deficit problem to fix, where most of it is because of Medicaid and Social Security entitlements (which will also grow faster in the next years).
The US is in a terrible fiscal shape right now, the next 10 years will be a rough ride for the average American.