likely to make very little difference who wins (just like here
)
actually the USA problems may be even less amenable to a political solution then ours.
the high unemployment, and low interest rates mean there really are no more levers to pull.
the big spend on defence (unstoppable because it is key to employment in many important states)
health care at 17 % gdp, as opposed to 12 % in oz and 9 % in the UK.
the high wastage of money on an enormous and unproductive legal fraternity.
massive spends on national security.
a dead housing sector and loss of so much equity due to plumetting house prices.
the chinese and saudi's probably unwinding their financial positions.
both romney and obama can thank europe for the lack of scrutiny on them and their economic solutions but basicly, they have none.
kick start a dead economy, theyve got no more amunition to fire and they know it.
the rich will move their money out.
the poor will turn to crime
and the middle classes will be screwed by stagflation.
OZ shouldnt tie its future to a dying state