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Is it because US bankruptcy because of wars? Or because its debt?

2007-04-18 23:02:50 · 5 answers · asked by Anonymous in Politics & Government Immigration

5 answers

Outsourcing of jobs has sent many jobs overseas. Instead of buying things made within the United States - importing. That hurts the economy. Taking in more good than exporting is going to hurt.

Major debt due to war is another factor.

Bush since President has done much to bring this about.

2007-04-19 00:34:01 · answer #1 · answered by Toe the line 6 · 2 0

Well there are quite some factors - Interest Rates in US Factor, relative strength of Euro V/S Dollar ( After all a currency of 20 odd nations has got to have strength against Dollar) , and some US Economy Factors.

2007-04-19 06:07:33 · answer #2 · answered by Anonymous · 0 0

It is the normal flow. It will come back.

Main reason is...well depends who you ask and how far back you are willing to look. It is all connected but I point my finger at Bush. It is all about who/what you trust more that has the better 'strength'. At the moment it isn't the US and the EU currency is profiting.

2007-04-19 06:11:22 · answer #3 · answered by Puppy Zwolle 7 · 0 0

Actually watching the Stock reports on the TV - they mentioned manipulating the stock markets.

2007-04-19 07:11:58 · answer #4 · answered by Anonymous · 0 0

Golablization and NWO

2007-04-19 22:58:23 · answer #5 · answered by Anonymous · 0 0

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