Quote:
Originally Posted by Anthony
You don't think the WORLD's LARGEST Economy failing is going to affect the rest of the world? Everyone is in for rude awakening, not just Americans.
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True, however after the dust settle - the US will still have debt, while the rest of the world "just" need to find new outlets for their products, which will probably be done via increasing home/regional markets.
The US needs to do a correction to the rest of the world, rise taxes or lower goverment costs, so the debt increasing will stop. The longer the wait - the harder it will be when the bottom falls out of the USD.
And yes, I love the US, and we fucking need you guys to stay afloat both political and economical, so we europeans are not left with the socialists and religious nuts in the world.