People’s Republic of the United States

By Ahmed Nadeem GehlaThe United States comprises approximately 4.5% of the world’s population and consumes 25% of the world resources. According to the US department of Commerce, the 2008 deficit on international trade in goods and services was $677.1 billion. This is down from $700.3 billion in 2007 but still 4.7 percent of GDP. In order to cover the deficit of past years US has borrowed $ 11.338 Trillion from international sources. According to IMF report US Per Capita income for 2008 was esti