Three Reasons To Delight in Prospect of US as 3rd World Country
According to this weekend’s edition of NPR’s “Wait, Wait, Don’t Tell Me,” anyhow.
Soccer, livestock, Nike factories! (Potentially.)
PETER SAGAL: We went from being the world’s sole remaining superpower to the country that asked to crash in Canada’s basement until we could get it together. And now Canada wants its futon back…
All right, if we do default on our debt, they saw we’ll become a third world country, instantly. Big crisis. But what’s wrong with that? Why not embrace that? A third world United States would finally get interested in soccer
We could enjoy the thrills of bringing your livestock onto public transportation. I’ve always wanted to do that.
And best of all, if we were a third world country, maybe Nike would finally consider building a factory here. (Paraphrased.)
—Courtesy Standard and Poor’s, emphasis on latter