I am aware of it. I don't think most people are. Some people from other countries, seem to want us to fall. They surely don't get it. I truly would like to know where some of these countries think they would be right now if it were not for the U.S.
2007-08-11 05:12:18
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answer #1
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answered by Anonymous
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There is a Problem in the house Mortgage market in the US at the moment and it is causing the Stock market in the US to tumble , and so there is a Reciprocal Slide in European Stock Market as a Result. They are all Moaning and Groaning because of it here in Europe. The World Economy is Linked now because of Stock Market and I am afraid that when there is trouble in US or China or any of the Bigger Economies like Germany Britain or France it has a Knock on Effect elsewhere.
2007-08-11 12:24:20
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answer #2
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answered by janus 6
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The U.S. economy is not in such good shape, regardless of the hype you hear on television. We owe TRILLIONS of dollars to the Chinese and the Japanese. It's only a matter of time before this whole house of card collapses, and we find ourselves in the worst economic depression in U.S. history. That's why:
a) You will see a mediocre attempt to win the White House or to win control of Congress in the 2008 elections on the part of the Republican Party. They know this economic depression will strike shortly after Bush leaves office, and they would prefer the Democrats win big so that they can be blamed for it. Then the Republicans will come back as conquering heroes in 2012;
b) When the depression hits, millions of Americans will lose their jobs, their homes and their savings, unlike any financial catastrophe in the history of the modern era;
c) When the depression stikes (probably 2010) China will revoke our 'credit cards' and simply come over here and take whatever it wants: banks; military hardware; natural resources; water; weapons of mass destruction; property; real estate - even our women if there's a strong demand for western flesh on the international sex slave trade. The U.S. will be impotent to do anything about it because we'll be in the same situation Russia's in today: without money to finance a military, we won't be able to fight back.
I'm astonished by how many people look through their rose-colored glasses and can't see the writing on the wall.
All of the signs point to a severe economic depression striking the U.S.A. within three to five years. Think I'm a lunatic? Print this out and put it in your safety deposit box for a few years, just to see how 'right' I am! -RKO- 08/11/07
2007-08-11 12:17:52
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answer #3
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answered by -RKO- 7
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Are these the same financial experts that told people that the housing market is great and those creative loans were fine? Have you watched the record stock market fall 730 points from that alltime high?
The US Fed injected $30 Billion in two days to stabilize the market.
2007-08-11 12:20:40
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answer #4
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answered by Middleclassandnotquiet 6
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True to some extent but the situation is fast changing and US economy will be dependent on others for survival, especially in the present context of mortgage mess, as new economic giants are emerging and growing rapidly!
2007-08-11 12:17:27
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answer #5
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answered by Sami V 7
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I thought, considering our economy is basically balancing on "credit" that if our economy crashed, another nation could very well step in and take over. But I could be wrong about my information.
2007-08-11 12:28:04
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answer #6
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answered by whathappentothisnation 3
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Libs and much of the rest of the uneducated world don't care as long as they can get Bush. They think it is worth it because we are the bad people. We are the cause of all evil in the world. We must suffer at all costs.
2007-08-11 12:31:32
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answer #7
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answered by GABY 7
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ARE YOU AWARE THAT IF THE U.S. ECONOMY CRASHES IT WILL BE THE DEMOCRATS THAT HAVE CAUSED IT TO FALL? I DID NOT THINK ANYONE KNEW THIS. DEMOCRATS MAIN GOAL IS TO PUT THE U.S.A. IN TURMOIL, AND DISTURB EVERYTHING AROUND TO PUT THE REPUBLICANS IN A BAD LIGHT!! WHEN WILL AMERICA WAKE UP TO THE FACT THE DEMOCRATS HAVE BAD INTENTION.
2007-08-11 12:25:58
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answer #8
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answered by americans.destiny 1
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You are mistaken. That was America a decade ago. We are most heavily invested in China.
China now holds the distiction of being able to squash our economy, and thus squash everyone elses. It isnt in our control. We have lost that p[ower because of big dubya
2007-08-11 12:12:40
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answer #9
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answered by Anonymous
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Yes and China has our economy in it's hands .
Soooo we'd better be nice and not complain about all the dangerous and unsafe food and products they ship here , for Americans to buy cheap !!!
2007-08-11 12:14:52
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answer #10
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answered by Anonymous
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Do you realize that China can crash our economy any time it wants?
And do you know why?
The war in Iraq,which has actually cost more than the $600 Billion that has been spent by way of straight budgetary finances,has been largely financed by Chinese purchases of US notes,to the tune of 880 billion-1 trillion dollars.
China has been threatening to dump these notes on the world market,because of trade disputes with the U.S.
So I think you should of asked if everybody knew if George Bush's idiocy was capable of crashing the world economy?
2007-08-11 12:13:03
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answer #11
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answered by David R 2
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