No, I'm especially concerned that the EU is buying up our debt as well. I am more worried about the Euro gaining on the dollar than about China.
2007-02-27 09:13:38
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answer #1
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answered by meathookcook 6
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Of course China's 9% market drop last night directly led to the over 400 pt drop in the US stock market today because the US economy does largely depend on China's.
2007-02-27 09:21:12
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answer #2
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answered by Middleclassandnotquiet 6
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The Chinese stock market plummeted today and the NYSE followed right behind.
What does that say about the state of our economy??
Sell some more bonds, George. Gawd knows we have to pay for Mr. Wolfowitz's war somehow.
2007-02-27 09:16:33
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answer #3
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answered by normanbormann 4
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Don't care. I have enough land and the tools to support my family with what we raise. You city slickers better worry, when gas hits 5 bucks per gallon I will go around on my horse and buggy, you'll be paying 50 bucks for a bigmac made from my cows.
2007-02-27 09:13:58
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answer #4
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answered by virginity buster 2
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Our debt to other counties is part of what is destroying our economy.
throughout history, war time economies are booming, our economy is not booming, it is barely moving. If it wasn't for the war activities, we would be in a deep recession.
2007-02-27 09:15:14
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answer #5
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answered by Kerry R 5
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Sure, I'm fine. Our economy isn't weakening.
2007-02-27 09:12:29
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answer #6
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answered by desotobrave 6
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It's the way big blue turns.
2007-02-27 09:13:33
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answer #7
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answered by Groovy 6
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