Where does America's wealth lies?

[Anyi]

[eliska]

IN CHINA, why do you think all products sold in usa are supporting communists..
your america leaders are working for china and russia, because theyre communist sympathisers..
YOU HAVE BEEN SOLD OUT AS AMERICA TURNS 50 as communists... they mark theyre celebration by the death of kennedy, A REAL AMERICAN.. IF YOU DON'T THINK YOUR LEADERS ARE TRAITORS?? AMERICA BUILT A SPACESTATION AND A DEFENCE SYSTEM NAMED STAR WARS...
GUESS WHO OWNS THE SPACESTATION NOW?? NOT AMERICA..american tax dollers support soviets

[Chris Pitchr]

Assuming you mean the USA, oil is traded internationally in US dollars, which is not the same as wealth but it supports their exchange rate and stabilises their inflation significantly. Currently I guess a lot of their wealth is in high tech. companies and this is due in no small part to the form H- 1B a.k.a. the genius visa. This is basically the visa that lets anyone into the USA to study or work if they are super clever. Think Rajesh Koothrappali in the TV series The Big Bang Theory. The vast majority (like 90% or something) of PhD students in the USA in science and engineering were not born the USA and are their by virtue of an H-1B visa, these are the guys who go on to work in Silicon Valley or start new high tech companies.

[M.j Lim]

In her infrastructures and the numerous Billionaires

[Gary H]

Over the last 70 years, much of our wealth came out of WWII. The American homeland was mostly spared the devastation that blanketed Britain, continental Europe, the perimeter of the Mediterranean, the western portion of Russia, parts of Scandinavia, huge swaths of China, Indochina, most of Japan, and islands across the western Pacific. American industry rapidly switched from the largest producer of military hardware to the largest producer of commercial hardware.

Partly because it was the humane and ethical thing to do and maybe partly because it was a long term strategy to foster future markets for those commercial goods, the U.S.A. invested very heavily in rebuilding countries devastated by the war including the homelands of our former enemies: German, Italy, and Japan.

These good decisions and strategies included two significant items: the GI Bill and the investment in math and science education. The GI BIll permitted, perhaps for the first time in world history, an enormous portion of the military veterans to attend college. This increased supply of college graduates coupled with the growing job opportunities in manufacturing resulted in an extended period of economic success, probably the greatest in history. The "Space Race" motivated the investment in public education with specific focus on math, science and technology. This happened at a time when young families were, in general, in really good economic shape and were having lots of children.

So... In many respects, America's real wealth lies in the cultural and social values that were established and reinforced during this period. Hopefully, our current and future generations will recognize the wisdom that was evident in these government programs and will apply similar wisdom gong forward.

[lowjeans233]

in the top 1%

[Will]

One place is in our natural resources. The US is able to produce huge amounts of food, and almost any type of mineral resource you could name.

Another is in our educated populace. There are more people with college degrees than in any other country in the world.

And finally in our political and economic systems. The US Constitution is now 225 years old, and still the best example. And we have close to the perfect balance between free enterprise and government controls that keeps the optimum amount of consistent economic growth.