[seldom_seen]

The only question remains...will we be able to maintain our 3rd world status or move right to failed state?

If you stack up all the indicators, especially debt, deficit, and servitude to an international banking cartel. You can now safely stack us in the list with Jamaica, Mexico, Brazil, Egypt, Pakistan...etc...

Why did it take so long? We were probably just the last on the list. After setting and exploding debt traps on so many other countries. They were just out of targets.

It's clear now though, that we were only as good as our credit cards. Once we stopped spending we weren't "buddies, amigos" anymore. It was time to pull up stakes, loot the national treasury and search for greener pastures.

Welcome to the 3rd world my fellow Americans.

[jedrider]

I always thought I would retire to a third-world country with a warm climate. Now with global warming and an economy in collapse, I won't even have to move. Swell!

[timmac]

The way I see it if America becomes a 3rd world than what will happen to the 3rd worlds now that depend a lot on us now, they will be even worse off, than we won't be such a bad 3rd world than, you have to go to a real 3rd worlds to see what it is really like than you will see we are far from it..

Not saying that are economy is hunky doory however..

[Dreamtwister]

$this->bbcode_second_pass_quote('timmac', 'T')he way I see it if America becomes a 3rd world than what will happen to the 3rd worlds now that depend a lot on us now, they will be even worse off, than we won't be such a bad 3rd world than, you have to go to a real 3rd worlds to see what it is really like than you will see we are far from it.

[timmac]

When the top consumer of the worlds most goods are not consuming than you think they won't sink as well, we produce such little here but most is consumed here, I suspect if we fall that hard in our economy they will fall even farther down that rat hole, America or any large world consumer that falls will take many other countries down with it, don't fool yourself and think we are alone in this, that's way many other countries are scared now about our economy, they know if we go so do they...

You can post this in the HOF and flame me when proven wrong, but I highly doubt that I am..

[Southpaw]

$this->bbcode_second_pass_quote('timmac', 'W')hen the top consumer of the worlds most goods are not consuming than you think they won't sink as well, we produce such little here but most is consumed here, I suspect if we fall that hard in our economy they will fall even farther down that rat hole, America or any large world consumer that falls will take many other countries down with it, don't fool yourself and think we are alone in this, that's way many other countries are scared now about our economy, they know if we go so do they...

You can post this in the HOF and flame me when proven wrong, but I highly doubt that I am..

[socrates1fan]

We won't become a 3rd world country, everyone is just going to be knocked down a notch.
3rd world will be the new rich.

[Fishman]

Dream, I agree completely, let's stop all of our terrible foreign aid, minimize our contributions to the UN, take all our troops out. Those countries were doing so well before America became a world power. They were all so peaceful, economic dynamos at that. Ever heard of a history book?

[vision-master]

$this->bbcode_second_pass_quote('Fishman', 'D')ream, I agree completely, let's stop all of our terrible foreign aid, minimize our contributions to the UN, take all our troops out. Those countries were doing so well before America became a world power. They were all so peaceful, economic dynamos at that. Ever heard of a history book?

[hillsidedigger]

All of the few survivors in the world after the oil crash (considering climate disruption, biodiversity loss and world soil degradation also) will be living at best what we now call a 3rd. World type of life with no electricity, no motors of any kind with food, water, shelter and transportation being only what people can provide for themselves or as a part of a small community.

[lateStarter]

$this->bbcode_second_pass_quote('hillsidedigger', 'A')ll of the few survivors in the world after the oil crash (considering climate disruption, biodiversity loss and world soil degradation also) will be living at best what we now call a 3rd. World type of life with no electricity, no motors of any kind with food, water, shelter and transportation being only what people can provide for themselves or as a part of a small community.

[Dreamtwister]

$this->bbcode_second_pass_quote('Fishman', 'D')ream, I agree completely, let's stop all of our terrible foreign aid, minimize our contributions to the UN, take all our troops out. Those countries were doing so well before America became a world power. They were all so peaceful, economic dynamos at that.

[Pretorian]

you guys have no idea of what a third country is , don't you.

[Gorm]

$this->bbcode_second_pass_quote('hillsidedigger', 'A')ll of the few survivors in the world after the oil crash (considering climate disruption, biodiversity loss and world soil degradation also) will be living at best what we now call a 3rd. World type of life with no electricity, no motors of any kind with food, water, shelter and transportation being only what people can provide for themselves or as a part of a small community.

[hillsidedigger]

"Why will there not be any electricity?"

OK, no widespread electrical grids. There could still be limited, very local electricity for awhile but without a continued base of high-tech manufacturing even locally produced electricty will eventually dwindle..

[hillsidedigger]

"Those in the current third-world countries probably won't even notice the difference when the first-world countries collapse."

The current '3rd. World' regions have far more people now than ever before and so they are in for a rough ride also as their numbers become corrected.

[Gorm]

$this->bbcode_second_pass_quote('hillsidedigger', '&')quot;Why will there not be any electricity?"

OK, no widespread electrical grids. There could still be limited, very local electricity for awhile but without a continued base of high-tech manufacturing even locally produced electricty will eventually dwindle..

[seldom_seen]

$this->bbcode_second_pass_quote('Pretorian', 'y')ou guys have no idea of what a third country is , don't you.

[Pretorian]

$this->bbcode_second_pass_quote('seldom_seen', '')$this->bbcode_second_pass_quote('Pretorian', 'y')ou guys have no idea of what a third country is , don't you.

[EnergyUnlimited]

$this->bbcode_second_pass_quote('Southpaw', '
')
Seriously are you an idiot or something?

most of the third world counties already can't sink lower then they are look at Zimbabwe, Nigeria, Somalia, Afghanistan, Pakistan, Belarus, Ukraine, Latvia, North Korea ... . And most of them thanks to the imperialism of the U.S.A.