THOUGHTS ON U.S.' BECOMING 3RD WORLD ECONOMY

Bill Hessell shared your blog post on Google+ Most Americans will be absolutely amazed by a past Treasury Dep't official's prediction that our nation will fall to third world status within 20 years.  Roberts backs up his prediction well, the trend is already underway--the greatly increasing disparity in wealth, many people working harder just to maintain a minimal living standard, a super-wealthy class developing very distinct from the majority, the middle class shrinking and struggling, industry and money are flowing off-shore, with the profits from the international economy mainly flowing to those in our society who are already in the most wealthy class.  Still being by far the strongest nation in the world militarily sets us up to continue to be involved in foreign military endeavors, thereby exhausting our financial resources there rather than meeting necessary domestic needs.  Add our collapsing governmental effectiveness in Wash. DC and the third world forecast doesn't seem so far-fetched. U.S. WILL BE THIRD WORLD ECONOMY IN 20 YEARS-ASST SEC. TREAS. View activity