Is there anything institutions like the World Bank & the IMF, which are instruments of the USA, can do to prevent the total collapse of the US economy. I mean, if you guys go kaput I dont want the US to drag us along into"hell"
What do you think is going to happen to the economies of Europe & Asia ? Dont they have enough domestic & regional demand to keep their economies going ? Are they that dependent on the US for growth ?
The simple and quick answer to that question is no. wzx, the world economy is a fragil house of cards.There is an age-old axiom which states that if the US sneezes, the rest of the world catches a cold. You can extrapolate that out to mean if the US gets sick, the rest of the world may die. Sorry. With regard to this, I'm not very proud to be an Amercian. Our excesses will be the world's downfall. _________________ A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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