US becoming a Third World country?

Press TV
September 7, 2010

The United States is on the brink of sliding down to a Third World country, as it struggles with massive debts, rising unemployment and a deteriorating economy.

Some of the warning signs that indicate America’s fantastic fall from a First World nation include rising unemployment and poverty.

According to Spiegel Online, the United States is recently faced with a new phenomenon called “the new poor.â€