Discussion in 'Economy' started by CrimsonWhite, Sep 30, 2008.
Interesting piece on world Opinion about the crisis and what it could do to the World economy.
Suddenly we're not alone:
Europe's Panic - WSJ.com
America sneezes and the whole world gets pneumonia
Europe has serious problems too. Their banks generally have more debt than American banks.
Does that surprise anyone? We are the world's only Superpower and that does not just mean military. Our consuming binge fuels the entire planet. We ARE the crux of the "global market". The world sells us stuff, they don;t buy our stuff! When we stop buying they all go into the tank.
You mean even if Obama gets elected they might not love us ?
The whole world is going into the shitter:
Panic grips global financial markets
Banking is an INTERNATIONAL ACTIVITY.
National banks are ALL playing the same game, folks.
Notice that England and OZ are ALSO starting to have falling real estate prices?
Separate names with a comma.