The bubble continues in American music culture. Songs like Living in America and God Bless the USA are all telling Americans how great they are and what a great country they live in. When these songs are performed, we are usually treated with images of huge American flags waving in slow motion. But in reality, the USA totally fails on many levels. I know I'm going to get a lot of debate because of this video, but I need to speak out about all the dirt that many American politicians and media personalities gladly sweep under the carpet to keep the American dream alive and to keep their voters and fans happy. Therefore, today I will present you 11 reasons why America is not the greatest country on earth.
Reason number one, poverty and homelessness. I have dealt with this in several of my videos. 200 million Americans that is 63% of the population, they live paycheck to paycheck. They simply don't know if they can pay their rent for the next month. And an alarming number of Americans at least half 1 million and probably a lot more are living in slums on the streets, in cities like Los Angeles. This is a complete disaster. There are hundreds of videos on YouTube dealing with this problem and showing you crystal clear evidence that the streets of Los Angeles are exactly like a third world slum.
Reason number two, low wages. The effective minimum wage in America is $11.80 that may sound reasonable. But in reality, it means that many Americans simply can't live on that kind of payment. The rent for an average apartment in Los Angeles is over $2,300 per month. Even if you could set aside a full minimum wage income, just to pay for that rent, that wouldn't be enough. In places like San Francisco, in New York city, it is even worse. That brings us to the number three, the debt crisis. 80 % of Americans are living in debt. They have credit card loans, car loans, student loans, personal loans, et cetera. The whole financial system of America is not based upon spending money you have. It is based upon spending money you don't have by getting more and more loans. Debt is a disease in America, and it is enabled and encouraged by the US government that has the largest national debt in the whole world. As we speak, America is $28 trillion US dollars in debt. Do you really think it is even possible that these $28 trillion are ever going to be repaid? One day, the whole financial system of America will collapse. It almost happened in 2008 when America gave the world a global financial crisis. 13 years later, many countries still struggle with the consequences of that crisis. It even created a golden opportunity for China to get many countries within its realm of influence. And American politicians are now complaining about that while it is the result of their own mis-management. Of course, since America still has $28 trillion US dollars in debt, the problem has only gone worse, so brace yourself for the next financial crisis in America because that one might break the mighty US dollar.
