Asian Economy is stronger than the American economy........  |
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Today I have read the news that Most of the survey indicate that Asian Economy is more stronger than the American economy, is it true? and also the American economy has been effected by world economic crisis, but Asian countries are stronger on their economy and better than American economy, How do you feel?
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1. danitykane (1197) | 2 months ago | hello binthu,
Yes it is, although I'm from Asia I feel sad about U.S. economy and I just hope they will become stronger in days to come. Why? Because for one, United States helped a lot of countries in the past and even right now they are pursuing their advocacy when it comes to health, war and poverty. Second, most of great businesses was in U.S. like banks, financial companies, car manufacturers and a lot more. If this continues, other countries will get affected, maybe not now but in due time. Like for example, a local bank here in the Philippines who invested some of its asset on a certain bank which is base in the U.S. and operates internationally may suffer its earning, asset and financial status when the said bank closes or suffers bankruptcy. It will cause chain reaction. Third, U.S. is a friend of my country, and I think not just us but all of the nation worldwide. So I think, seeing friends dealing with financial crisis is sad. But for sure they will surpass this obstacle and hope this will happen soon.
Happy mylotting!
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Binthu (3440) | 2 months ago | Hi Danity,
As you have knew that most of the American Economy would effected very badly and many of their banks has been closed and millions of peoples would lost their jobs, even sometimes I have seen the news in the CNN would indicate that many of the American peoples would live in the street tents, so all this was happened due to the there is no proper management of the financial crisis in USA. When we are talking about Asian countries we are the best in the world in this economic crisis and also we are effected by this economic crisis especially the Government, because they are following good economic policy in order to control the economic crisis in the world. As you have said that American are involving to so many countries problems and would not care about the own country and would never mind their own peoples, so they have to change the policy into the world countries and try their best to have the good economy, prior to satisfy the American peoples in their soils.
Have a wonderful day.
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Wampler, Souder & Sessing, LLC Construction law firm serving Maryland, Virginia, and Washington, DC. www.wamplaw.us | add comment |
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| 2. fahmeedak (21) | 2 months ago | Nice to read you. You are right about the news you red but it is not always the case. This is only due to world economic crises. Unepmloyment rate is high in America and also financial market is in crises. Asian economies are also facing the crises but Chine is a highly growing Asian economy and overall when you talk about the Asian economies, they seem to be facing less crises. Crises have hitted all the world.
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Binthu (3440) | 2 months ago | Hi Fahmeedak,
Most of the country has been effected very badly in this economic crisis particularly America has been effected, due to their bad economic policy as well as unwanted political interferance to many of the countries . So the American economy would effected in significant level and also most of their banks are closed down and the peoples are would suffered due to the Government bad policy. As you have said that China is one of the TOP and BEST in the Asian economy and also they are trying to beat the America and want to come as a World economy decider, so hope that it would happen very soon. China is most powerful country in the Asian region with strong economy as well as in the defense so NO one European country or American country can touch the China, because of the strong defense. Hope that all the Asian country would gets the good economy at very soon then we would teach the world including the European and American countries, to know what is the meaning of the Economy.
Have a nice day.
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| fahmeedak (21) | 2 months ago | Thanks Binth for your reply. You are right what you say about Asian economis especially China but dear i feel that you are getting more emotional when you talk about American and Europian economis. Crises are only recent but if we read the history, all economic development is due to great struggle of these people. No doubt they exploited third world countries politically but what to say about there inventions? They never stopped Asians to invent at the time they started inventions. I am Asian too but i admire struggle and development of human history. Only endless struggle for decades can make Asian economies strong, just like China and also East Asian Economies after 1970s.War and hate should not be criteria to compete. We need to develope our man power and also our long term policies. Nice to hear from you. Good day.
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3. jellymonty (1420) | 2 months ago | well the American economy is not in great shape at the moment and the Asian market is expanding. But the dollar still remains the most popular international currency despites its weakeness
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Binthu (3440) | 2 months ago | Hi Jelly,
According to the CNN report The American economy would been effected in very bad shape due to bad credit policy of the Government and thus is the reasons many of thousands are jobless now and also many peoples would live in the street tent, this was happened due to The Government political issue like interfering into the other country issue, because of the Government policy the peoples would effects badly this can NOT be accepted, so the American Government would take care of their own peoples and own country and better to stop to interfere into other country issue. With regards to Asian economy it is more stronger now and also they are growing very fast like China, India they are very strong in their economy as well as in the defense side.
Have a nice day.
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4. gunagohan (902) | 2 months ago | well, this won't continue, soon american economy will boost and catch their top spot.. asian countries are not much affected economically, but countries like japan, malaysia, singapore and china did not feel the economic down...they are pretty strong in their economic background.. i think american economy should climb up soon, they would help others and begin outsourcing as well for other countries..
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Binthu (3440) | 2 months ago | Hi Guna,
Most of the Asian country would not effected by this economic crisis due to their good credit policy and also the Government should take the good action to stand their economy without any problems, like as you have said that China is one of the most powerful country in the world and would have strong economy in the Asian markets, so they all are very happy because of the good Government policy and good Government Political action. We hope that all the Asian country would improve their economy and became as a world top class economy country in this world.
Have a nice day.
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5. therisingsun (305) | 2 months ago | Hi Binthu, Even I feel the same as its my observation from past six months or more that as compared to US economy, Asians have recovered a lot. Many major countries from Asia are preferably self dependent but still, they were affected a lot by economic crisis in US due to out sourcing of many US based companies in Asia.
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Binthu (3440) | 2 months ago | Hi Sun,
You are right, many of the peoples in America would have lost their Jobs and they are living in the Street tent, that is the reasons the American Government would stop the outsourcing to the other country and would think to provide this jobs to the American jobless peoples. Even though the Asian country would improved lots and have the strong background and will beat the world economy and would become as a top class economy in the world. So as a Asian peoples we would try our best to achieve that position and would prove again in this world that we are the strongest country in the world.
Have a nice day.
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6. vivekkumarnayak (175) | 2 months ago | ya,american economy is lagging behind and the economy of asian countries are growing..the economies of india,china,russia,are on the upper scale while the american economy is dripping dow+n but this will not countinue as america will soon find out several solution for this economic and financial crisis..
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Binthu (3440) | 2 months ago | Hi Vivek,
Most of the country in the Europe and America would be effected very badly in this economic crisis due to the Government policy and which is not at all acceptable by the peoples of the America. Because of the American Government the peoples of the America suffered that we can not accepted. The American Government would stop the interference into the other country issue and must take care of their own country and own peoples in order to feed the peoples properly. With regards to Asian economy we are strong now and still improving more and more like China having strong economy base and good defense side so no one country can touch and teach us the lessons, so once again all the Asian country would have the good and strong economy to reach the top position.
Have a wonderful day.
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