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US Economy starting to get back on track

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  1. #1

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    US Economy starting to get back on track

    After losing its top place in the "world's most competitive countries" ranking in 2009 after the housing bubble and bank collapse...the US has fought back and knocked Hong Kong down a couple notches regaining its status at the top once again this year.


    Thoughts




    http://www.forbes.com/sites/susanada...ive-countries/


  2. #2

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    Quote Originally Posted by closedcasket:
    After losing its top place in the "world's most competitive countries" ranking in 2009 after the housing bubble and bank collapse...the US has fought back and knocked Hong Kong down a couple notches regaining its status at the top once again this year.


    Thoughts




    http://www.forbes.com/sites/susanada...ive-countries/
    economy being back on track is not the result of the increased competitiveness of a country...

  3. #3

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    Unemployment rate in the US? Govt. debt in the US?

    Hardly in healthy shape.


  4. #4

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    US govt debt falling sharply?

  5. #5

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    Forecasts seem to show a stable ratio over the next 5 years.

    http://www.usgovernmentspending.com/federal_debt_chart.html

  6. #6

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    I remember back in 2011 when the debt was already off the scale at 15 trillion and there was uproar at having to raise the ceiling.

    Where are we know: http://www.usdebtclock.org/


  7. #7

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    Anybody care to predict the performance of the US dollar against the yuan and the Aussie dollar.Not trying to start a bunfight but the weak dollar has been killing me these last few years. Looking for good news .


  8. #8

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    Quote Originally Posted by hongkong7:
    Anybody care to predict the performance of the US dollar against the yuan and the Aussie dollar.Not trying to start a bunfight but the weak dollar has been killing me these last few years. Looking for good news .
    What about HK property as the US economy picks up...

  9. #9

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    Quote Originally Posted by East_coast:
    What about HK property as the US economy picks up...
    Hong Kong property depends less on the US than most people think. It's all up to Beijing and property tycoons and they will fight any drop in prices.

  10. #10

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    Quote Originally Posted by East_coast:
    What about HK property as the US economy picks up...
    Predictions I have seen say a 1 - 10% fall next year.

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