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Can the world survive without the US Economy? email this discussion to a friend?

myLot reputation of 84/100. academic2 (4925)1 year ago

Take this unlikely senario, can the world survive withou a US economy? You all recall times one lowering of interest rates by FRB would tamble the values of world currencies like a park of cards-today, can the world economy survivie if the US economy collapses?

 
 
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williamjisir (9480) response was accepted on 11/7/2007.
denotes best response.
tags:  usa, us economy, economy, family, us
 
1. myLot reputation of 96/100. jillmalitz (2910)   1 year ago

Hum...I wonder. I just saw a news report this morning about the devaluing of the US dollar. The dollar is a lot lower than just about all of the other world money. This is making it cost more for Americans who travel overseas on business or vacation. It also makes it easier for foreigners to invest and buy our companies, real estate and other investments. Good for them bad for us.

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2. myLot reputation of 96/100. williamjisir (9480)   1 year ago

Hello academic friend. Well let's think about this question in a similar way or in a way just like the saying, "without a sesame, the cake is still going to be made." hehe


myLot reputation of 84/100. academic2 (4925)  12 months ago

'without sesame, the cake is still going to be made' indeed! thanks williamjisir!


myLot reputation of 96/100. williamjisir (9480)  12 months ago

Hello academic friend. Thanks so much for the best response. I appreciate it very much. Good night.

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3. myLot reputation of 71/100. rookiekan (397)   12 months ago

as we know,USA is the most important country in the world .nowdays no country could replace the position of the USA .autually,the world like a family,no one could survive without the family 's support

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4. myLot reputation of 88/100. jointoearn (1167)   12 months ago

i think yes. i don't really think that every country is so dependent of US economy. there are lot of countries that are rich too.There are britain, germany, japan, and other countries that we can still depend on in case maerica's economy hit rock bottom. hope that america willsurvivie, the war of america in iraq is really taking its toll on the econmny. i know that america's government are spending much money to finance that war. and that economy of the country suffers because ofthat. hope that the war will end soon that the moeny will be spend on mmore important things in the american. there are lot of problems thatamerica faces now. with the forest fires that burned so many houses. and with other natural calamiites that they experienced too, they need to have this war won or stopped immediately to save much money to save their country. i feel that america is heading for poverty because of that war. but i really don't blame their government since ithey really ned to win that battle. but i feel so bad on how their country is going, i hope that they will be able to make a way.

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5. myLot reputation of 48/100. try32ends (194)   8 months ago

US is a huge place when it comes to making economic decisions and gaging economic impacts of a possible recession. But I feel that the whole world needs to be a bit more cautious and not give in completely to the scare. There are rising economic powers in the world and a shift in the focus of investment may and will yield benefits. Diversification is probably one way of countering the probable slide, as far as the industries are concerned. To cut it short, I fell the entire world has enough potential to exist during and after a slumbering US economy. One only needs to explore the right paths.

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