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krynski · 02-27-2011, 11:01 AM

I don't see the US paying off their debt. Its wayyy to fricken large. There will be permanent long-standing issues for the US. I don't really see them being a permanent powerhouse anymore. longevity seems to be severely impacted, and I do not believe domestic taxation will make any significant cut towards the US's debt. Ultimately, they are almost most-definitely SCREWED. I don't know so much about Canada's debt, but im pretty sure we are in a much better position. 566.7 billion in debt is a lot more manageable than 14 trillion.

02-27-2011, 11:01 AM	#2
krynski First Line Centre Join Date: Apr 2009 Location: Behind Enemy Lines Exp:	I don't see the US paying off their debt. Its wayyy to fricken large. There will be permanent long-standing issues for the US. I don't really see them being a permanent powerhouse anymore. longevity seems to be severely impacted, and I do not believe domestic taxation will make any significant cut towards the US's debt. Ultimately, they are almost most-definitely SCREWED. I don't know so much about Canada's debt, but im pretty sure we are in a much better position. 566.7 billion in debt is a lot more manageable than 14 trillion.