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Lo Phat Ham:
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Regarding the US becoming a Third World Country - Third World countries all have three characteristics in common :
A high level of debt... an income distribution concentrated in the top 1% of the population... and an economy based on export of raw materials and import of manufactured products.
By these three measures alone the United States is slowly but surely marching straight towards Third World status. The U.S., aside from its military hardware that's sold for the better destruction of small sections of the world... is increasingly becoming a junkyard nation that exports millions of tons of trash and raw materials... and imports all the goodies it no longer produces.
Americans are the uncontested worldwide Kings of Trash and we've now become major exporters of junk -- all kinds of junk... from corrugated paper and old newspapers and magazines... scrap metals like screws and nails... crushed car bodies... steel, iron, and aluminum wastes... old computers, monitors, telecommunication equipment... all kinds of various junk.
PDF att. to top of this post with the full article.
Radio file HERE
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