Why has the American economy been suffering, since the Vietnam war in the 1970’s.
The answer is simple WAR and rampant government corruption. Someone in the American government loves war, and has been in constant warfare since the 1970’s, wasting trillions of taxpayers dollars making the U.S.A broke (Read up on collapse of Roman Empire).
As of today the U.S government has a federal debt of 18 trillion dollars, so much debt that they have no other way to pay it back.
Despite the propaganda mainstream media of the United States telling its citizens that the economy is okay and everything will be fine, the truth about the U.S economy is much much worse than what they are portraying.
There are over 30% of the population that is out of work and stop looking for work. To put that into numbers that is roughly 90 million people out of work. Any new jobs created are not high quality jobs , they are low pay service jobs and those are not the jobs that millennials went to expensive college / school for.
Rest assured that this recent economic slow has little to do with China. China is just a part of the slowing demand for goods happening around the world. Of course, China’s economic output is going to slow because the Western world are over their head in debt. Why are they in debt, because the Western governments (U.S, Europe) have mismanaged tax dollars that citizens pay.
A over the place in the western world, but especially in America and Canada the news has been bashing China and blaming China for the stock market crash. The truth is much different from what the mainstream news media is trying to force down and propagandize to the people of the world.
