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Tea Leaf: The ABCs of the global economy

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  • 10CC Bountiful, UT
    July 5, 2011 2:07 p.m.

    May I add a second "B"?

    "Battered" - the American Psyche is in unnecessarily bad shape. We have some things to work on, certainly, but with our economy 3 times the size of China's, and US manufacturing output 40% greater than China's, we're not just looking over our shoulder, we've permanently swiveled our neck & become anxiety-ridden worry warts.

    The long term prospectus of the US is very bright. Our population is growing, likely to hit 400 million in 20 years or so. Our ideals are still very attractive around the world. We're very productive, an innovative.

    There are certainly things to focus on and resolve, but America is very strong. We need to remember that before we worry ourselves into a double dip recession.

  • one vote Salt Lake City, UT
    July 5, 2011 3:33 p.m.

    Communist China? The same government that was the cause of the Vietnam war?

  • FDRfan Sugar City, ID
    July 5, 2011 3:34 p.m.

    "The year 1989 is the most important year in
    the history of South Korean National Health
    Insurance Program. In July, the health insurance
    program for urban areas was expanded to include
    the self-employed. It took 12 years from the estabishment
    of the Medical Insurance Act to achieve
    universal health insurance coverage for all citizens.
    About ten years later, in 2000, all health
    insurance societies were integrated into a single
    insurer, the National Health Insurance Program."

    Korea (North) Massive failure of this centrally planned economy leads to frequent "saber rattling." Meanwhile, the South Korean economy continues to prosper.
    Universal health coverage will destroy the economy. Ask a Republican

  • FDRfan Sugar City, ID
    July 5, 2011 4:13 p.m.

    One vote
    Was China the real cause of the Vietnam war or was it our fear of the domino effect? What makes some so scared and vocal about universal health care? Who benefits from private owned hospitals where decisions are motivated solely by profit?

  • My2Cents Kearns, UT
    July 6, 2011 6:22 a.m.

    Global economy is a well orchestrated monopoly of world debt and who controls it. The world economy is one of debt, not profit or manufacturing or a good GNP. Who ever controls the debt controls the world, and the US is leading the way to a non recoveralbe system of world financial collapse. The US does not control the debt, we are the leaders of indebtedness and its collapse.

    This is more reason not to give Obama a higher debt ceiling, and those who get out of this mindset and corrupt world finance will be the winners. The fate of the world economy is established, now its a matter of who can survive its collapse.