the economy is doing better than it has been in the last 18 years, and countries are fighting to adopt the US dollar because fiscally it is more stable than their own currency, and is in investment in terms of dollar rate increase.
2006-08-30 17:05:53
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answer #1
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answered by TruthHurts 3
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To see what happens when an economy really crumbles, research the great depression in the early 30's and also look up the demise of the Weimar Republic in Germany.
We have many safeguards in place now to prevent catasptrophes of this nature. The media now (especially the far left marxist nutfudges) try to make every little hiccup in the ecomomy into a disaster because it keeps people watching the news and it gives the political minority party something else to criticize the guys in power about.
2006-08-31 00:22:47
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answer #2
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answered by Mad Roy 6
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You dont know what you are talking about, other countries are not moving away from the US dollar any more or less than in the past. If the US economy was to go, so would the rest of the world's, as the US buys too many goods, has too many companies and interests around the world, provides too much aid, invests too much in other countries, has so much other countries money in it (such as how China owns so much US Government debt) that the entire workd economy would crumble. What is bad for the US economy is bad for the world economy. Thats not to say it couldnt change at some point in the future, but that is they way it has been for a while, and the way it will be for at least the forseeable future.
2006-08-31 00:11:16
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answer #3
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answered by bmwdriver11 7
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All of the economic signs are the result of years and years of events. One Administration cannot be held responsible for the economy. There is a person who works for the Federal Reserve, the name escapes me, his name used to be Alan Greenspan. He has more influence on the economy than the President. The dollar is not backed by gold, so that makes it vulnerable. Eventually the dollar will be worthless, because it's not backed by gold. Your socialist views are based on ignorance of how things really are. World War II was much more traumatic on this occupation of Iraq, but we survived that. You think the economy is bad now, wait until nuclear wars break out accross the world.
2006-08-31 00:09:58
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answer #4
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answered by The Bible (gives Hope) 6
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The economy is great, hurricanes are acts of God & you are welcome to question Him if you want. The war is not bankrupting anyone, well maybe the terrorist. If WWII did not bankrupt US, a small war like Iraq will not bankrupt us. What color is the sky in your world? Some may like it better not being blue, but I will stick with a nice sky blue myself.
2006-08-31 00:31:32
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answer #5
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answered by Wolfpacker 6
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just depends on location and what they import or export out of their location. where i live looks like its getting better, but living just day by day is hard, utility companies are bleeding people dry. gas was, but getting better. more people committing crimes, cooper stolen for the value no matter who it hurts. victim of disasters along with people living day by day barely making it. pay not reflecting job worth anymore. medical to high people dying instead of going to doctors. honestly being a bible believer i knew the money issue would happen sooner or later. the world has become so corrupt that people are loosing faith in their ability to live, raise a family or even work. loose faith or if you prefer loose face who don't like a biblical term) to not be able to enjoy the fruits of our labor because the economy raises prices to help themselves. the government is allowing the big guys to milk the little guys to fill their pockets that are already to big.
2006-08-31 00:19:15
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answer #6
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answered by angelchele 3
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first case scenario that comes to mind is that all those who are living beyond their means will get a healthy dose of 'reality' shock and "the New World Order" will have accomplished it's goal.
2006-08-31 04:56:29
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answer #7
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answered by Anonymous
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Better open a bank account in Timbuktu.
2006-08-31 00:07:25
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answer #8
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answered by BeC 4
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Well, if the economy were to crumble, there would be no more home run pie, because they would close the home run pie factory. I simply can not let that happen.
2006-08-31 00:16:46
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answer #9
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answered by chris 4
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don't let anyone kid you or hoodwink you about our economy!!!!!!!!!!!!!!!!! Our dollar is shrinking, shrinking faster and faster. Even my friends who are die hard republicans say our economy is in shambles......keep doing your homework....you are on the right track.
2006-09-03 22:20:45
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answer #10
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answered by Cassie 5
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