If the economy of the United States fails will this also mean the failure of all world economies? Or just certain ones?
2007-04-11 09:40:11 · 2 answers · asked by AviTech 3 in Social Science ➔ Economics
It strictly depends upon how it fails. The United States provides half of the food eaten outside the United States, if it were an agriculturally lead failure the results would be globally catastrophic. If it was a credit failure certain economies would be damaged such as Japan and China, but others wouldn't be impacted much at all. If it was an industrially lead failure Germany would likely pick up the slack, but China would see less capacity to make purchases from the Untied States and might be hurt. It just depends upon the size, scope and nature of the failure.
2007-04-11 10:18:36 · answer #1 · answered by OPM 7 · 0⤊ 0⤋
Hu? Fail? We are making millionairs like 10 million, with the comming inflation-maybe 20 million. Are you saving for you to be one?
2007-04-11 18:54:25 · answer #2 · answered by RayM 4 · 0⤊ 0⤋