Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "Don't believe the hype -- the U.S economy is not recovering, it's getting sicker." video.

  1. Other countries buy more than just food from the U.S., Boeing A310s, 727s, 737s, 747s, 777s, etc are all used by just about every international commercial air service. American medical equipment, & medications are used by almost every country. The U.S. F-15s to Saudi Arabia, S.Korea, and Israel for billions. 1 F-15C is worth about $35-$50 mil, and 1 F-15E is worth $65-$100 mil. The U.S. also has tons of natural resources, like oil, coal, copper, lumber, uranium, etc. The U.S. is still powerful.
    1
  2. How much is 1 AIM-9 Sidewinder missile? $50,000-$60,000. How much oil does the U.S. have? The U.S. has more than 1 trillion barrels of oil if you add up the shale reserves. How much is 1 F-16 fighter? $16-$20 million. How much is 1 Boeing 747? $248 to $350 million. The U.S. produces things of high value, and it has tons of natural resources. The U.S. will be fine, you'll see.
    1
  3.  @Leeyouno  I guess, I was wrong.
    1
  4. The trade deficit doesn't matter, because the countries the U.S. trades with buy U.S. treasury bonds. They will try to inflate the value of the dollar, because it makes their goods cheaper. The point of propping up the dollar is to keep their people working. At the same time, wealthy foreigners come to the U.S. and buy high end real estate. These countries that trade with the U.S. can buy stuff they need from the U.S.A., like chemical fertilizers, agricultural commodities, etc.
    1
  5. Foreigners can buy American oil, natural gas, commercial aircraft, heavy industrial machinery, farm equipment, bauxite, copper, iron ore, helicopters, munitions, jet fighters, military equipment(thermal optics, high end night vision, autocannons, fire control systems, etc), automobiles, etc. There is a lot of things foreigners can buy from the U.S., and they can use those dollars to buy from others who use dollars.
    1