it's a colossus with a thousand and one achilles' heels. when's it commin down? war debt, 9/11 ripples, debt to china, you know, all that crap.
2006-07-01 05:58:27 · 9 answers · asked by sassmaster2000 2 in Business & Finance ➔ Other - Business & Finance
the economy will crumble tomarrow at noon enjoy it while you can
2006-07-01 06:02:18 · answer #1 · answered by Anonymous · 5⤊ 3⤋
Your question seems to make the assumption that the economy is one large inter-connected system. It's not. It's a disconnected set of businesses, consumers, government agencies and other organizations that are all interacting, each to their own benefit.
The beauty of the free market economy is that it is self-healing. If there is a change to one part of it, those parties involved will suffer, then re-form their efforts in another area that is more conducive to prosperity. Steel companies fade away, for example, and software companies prosper. If people were to stop buying Starbucks coffee tomorrow, say, another trend would rise and take its place.
If anything kills the economy, it will be an overpowering federal government that taxes, regulates and controls businesses out of existence. Businesses need incentives to grow and prosper, or else why try?
2006-07-01 13:08:44 · answer #2 · answered by JC 2 · 0⤊ 0⤋
The Economy will be fine.
However Hawaii, Alaska, Wyoming, Utah and Colorado could be sold to Japan, Germany, China, India, Brazil, Mexico, Canada, Russia and other countries in the future.
2006-07-02 02:32:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The gap between the rich and the poor keeps getting larger, the middle class is disintegrating...I would say this economy is on a downward spiral with president Bush at the helm.
2006-07-01 13:13:56 · answer #4 · answered by Susie 2 · 0⤊ 0⤋
The economy will be fine. Can you manage through it is the question. I bet a ton of people are going to lose their house and some will become homeless. Sucks.
2006-07-01 13:02:03 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Hmmmm.....Do you really want to se a complete collapse of the worlds economic system? We anchor the entire system. Without us there is no economic system. If you had gone to college you would have learned this in economics 101
2006-07-01 13:12:06 · answer #6 · answered by dgoldstone 1 · 0⤊ 0⤋
If Bush has his way, we are all going down with him. I am ashamed to say I voted for him 2x's.
2006-07-01 13:08:09 · answer #7 · answered by Mommyof3 2 · 0⤊ 0⤋
and dont leave off the fiat currency. I say we have a few decades left in us.
2006-07-01 13:01:38 · answer #8 · answered by Anonymous · 0⤊ 0⤋
i don't know...but you're kind of hot
2006-07-01 13:10:45 · answer #9 · answered by lighting goddess 5 · 0⤊ 0⤋