What would happen if we just worried about ourselves and cut ourselves off from the rest of the world? I have been debating this in my mind and I am just looking for different points of view.
2007-11-07 23:46:31 · 8 answers · asked by william m 1 in Politics & Government ➔ Other - Politics & Government
Won't happen so don't worry yourself. The money spent buys influence.
2007-11-07 23:52:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
the us is the largest debtor nation in the world, we import almost everything we consume with money borrowed from foreign countries. we have a huge trade deficit with china, canada, japan and other nations. the reason for this is that the us does not sell enough goods and services overseas, and that there is little savings in this country and excessive consumption. the real concern is what will happen if other countries stop lending us money to keep the economy going. there is a lot of information available on this on the internet if you are interested.
2007-11-08 00:09:36 · answer #2 · answered by iguana 2 · 1⤊ 0⤋
Actually, the US is the one who loans the least to the rest of the world.
Japan, the EU (Germany/France/Italy) and China help the world more.
So if the US stopped it wont affect the world which represents 85% of cumulated GDP.
but it will affect the US as they would loose their ties to other countries, their business contracts, their standing, and as a result would become a big redneck territory
2007-11-07 23:57:00 · answer #3 · answered by theedge 2 · 0⤊ 0⤋
Many US businesses would go bankrupt.
US foreign aid to the rest of the world is conditional on the money being spent in the US. This is how the government offers indirect subsidies to American businesses.
2007-11-07 23:57:37 · answer #4 · answered by Chief BaggageSmasher 7 · 0⤊ 0⤋
Exactly what point are you trying to make with this question? Are you trying to say that the rest of the world would collapse if america went isolationist? ROFLMFAO!!! The rest of the world would be just fine without america.
2007-11-08 00:13:43 · answer #5 · answered by Monk 4 · 1⤊ 0⤋
Not a good idea. Look at countries which are isolated: North Korea and Burma/Myanmar. They are in bad shape, all around.
2007-11-08 00:02:34 · answer #6 · answered by regerugged 7 · 0⤊ 0⤋
The question to ask yourself is what will happen when the country goes bankrupt.
2007-11-07 23:54:15 · answer #7 · answered by Anonymous · 1⤊ 0⤋
America would collapse.
2007-11-08 00:26:08 · answer #8 · answered by White Star 4 · 0⤊ 0⤋