Undeniably and irrefutably no.
We live in what is percieved as a post-modern society because we have, supposedly, abandoned all guiding meta-narratives - except this isn't precisely true, because Globalization (of the marketplace, if nothing else) is a greater meta-narrative than any of its predecessors. The American economy is very much engaged, indeed almost dependant upon, foreign influence, provision and investment.
Having said that, refusing to invest in Sudan will hardly lead to economic collapse. There are far greater threats to our national economy than that. For instance, every President since Richard Nixon has reduced the overall value of the dollar, increased the Federal Budget deficit, and weakened the American trade position in addition to reducing the U.S. manufacturing work force.
Every bit as important as September 11th was to most American citizens, June 7th of the same year was to economists. It was when Bush cut the Federal tax revenues by some $1.35 trillion, slated to be carried out over the following nine years. That legislation had been presented at the time as a way to avoid the "problem" of paying down the Federal debt too fast. Something that hardly sounds like a problem in and of itself. The Administration led the public, and Congress, to believe the Government was on the way to running up 5.6 trillion dollars in surpluss money. A year later the budget would show a deficit of $158 billion; a year after that $378 billion - if you feel confused, at least be comforted in the thought that you are not alone.
Still worried about investing in Sudan pal?
2006-12-14 18:29:34
·
answer #1
·
answered by an_eshva 2
·
0⤊
0⤋
NO, Uncle Sam needs China, and China needs Uncle Sam. Sudan is a craphole killing its own people why invest into a goverment interest in ethic liqidation. Instead, invest into the poor villagers thru microloans. I would not invest in Sudan to provide a thug a brand new Mercades while thier country needs textbooks, water, and basic argitculutral training
2006-12-14 18:13:29
·
answer #2
·
answered by ram456456 5
·
0⤊
0⤋
No. And why would we want to? Because we're afraid that some country might become better than us- economically, militarily, or socially? Wall the World out, & you wall yourself IN. That's a prison...- and time passes prisoners by... Can we really afford to close the door on the Future? Yes, -it's messy. Sure it can be unnerving. Of course there will be threats... -ALL countries face these challenges. But turning away from them is NOT the key to success.
2016-05-24 18:43:13
·
answer #3
·
answered by Anonymous
·
0⤊
0⤋
Investing in a regime that is almost certain to fall, or that if it stays in power almost certain to steal those investments is not exactly wise.
The US has little economy left anyway. We are already heavily invested in China and Asian nations especially. We have huge amounts of money tied up in European companies.
More importantly gathering wealth at the expense of your own morals is the ultimate self impeachment of character. Better to be poor and still have dignity than to be wealthy and have sold your soul for a few measly bucks. How could you look yourself in the mirror and know that your investments helped murder millions of innocents. People who died because they were the wrong religion and skin color?
2006-12-14 18:13:40
·
answer #4
·
answered by draciron 7
·
0⤊
0⤋
to summarize... the US will go broke if it doesn't invest in Sudan? No thanks.. I think I'll stick with US Treasuries for the time being
2006-12-14 18:15:29
·
answer #5
·
answered by Anonymous
·
0⤊
0⤋
no
lol from not investing in one country
2006-12-14 18:06:50
·
answer #6
·
answered by Anonymous
·
0⤊
0⤋
No, but if Obama were to get elected, he would work to repeal NAFTA, and that would put us close
2006-12-14 18:21:47
·
answer #7
·
answered by gtprinc1 3
·
0⤊
0⤋
Is that really possible?
2006-12-14 18:06:56
·
answer #8
·
answered by Anonymous
·
0⤊
0⤋
No.
2006-12-14 18:12:10
·
answer #9
·
answered by yupchagee 7
·
0⤊
0⤋