This does not account for unfunded liabilities owed by the states. The situation there is very difficult as well.
You also mention that China is rampant with corruption. In my view, with respect to politics and cronyism, I think the United States government is also highly corrupt.
I would like to share your optimistic outlook, but unfortunately, I'm not able to do so given all that I see going on around me.
http://www.forbes.com/sites/realspin/2014/01/17/you-think-th...
This does not account for unfunded liabilities owed by the states. The situation there is very difficult as well.
You also mention that China is rampant with corruption. In my view, with respect to politics and cronyism, I think the United States government is also highly corrupt.
I would like to share your optimistic outlook, but unfortunately, I'm not able to do so given all that I see going on around me.