Imagine a small town. Let's say that a factory is the only source of jobs. That gets taken away and the town has no purchasing power. The same thing is happening the the USA but on a much larger scale. JOBS get taken away and the USA has no purchasing power. The effect is going to be the same, sooner or later. Companies worldwide depend on USA consumers to buy most of their products. So if jobs are gone, where is the purchasing power?
2007-03-28
04:11:40
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5 answers
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asked by
jacobimmugatu
2
in
Business & Finance
➔ Careers & Employment