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Asian Economy is stronger than the American economy........ email this discussion to a friend?

myLot reputation of 89/100. Binthu (3440)   ranked 1,304 out of 38,533 in life2 months ago

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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tags:  asian economy, american economy, stronger weak, world economic crisis, asian are stronger
 
1. myLot reputation of 98/100. danitykane (1197)   ranked 6,408 out of 38,533 in life   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!thumbup


myLot reputation of 89/100. Binthu (3440)   ranked 1,304 out of 38,533 in life  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.

Wampler, Souder & Sessing, LLC Construction law firm serving Maryland, Virginia, and Washington, DC. www.wamplaw.us
 
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.


myLot reputation of 89/100. Binthu (3440)   ranked 1,304 out of 38,533 in life  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.


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.

Habush.com For over 70 years Habush Habush & Rottier has been dedicated to representing individuals and families who have been injured due to the negligence of others. www.habush.com
 
3. myLot reputation of 92/100. jellymonty (1420)   ranked 822 out of 38,533 in life   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


myLot reputation of 89/100. Binthu (3440)   ranked 1,304 out of 38,533 in life  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. myLot reputation of 80/100. gunagohan (902)   ranked 3,156 out of 38,533 in life   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..


myLot reputation of 89/100. Binthu (3440)   ranked 1,304 out of 38,533 in life  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.

CenterStone Asset Management ECenterOne, Integrated workplace management and facilities solution. www.centerstonesoft.com
 
5. myLot reputation of 93/100. therisingsun (305)   ranked 6,996 out of 38,533 in life   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.


myLot reputation of 89/100. Binthu (3440)   ranked 1,304 out of 38,533 in life  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. myLot reputation of 79/100. vivekkumarnayak (175)   ranked 19,550 out of 38,533 in life   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..


myLot reputation of 89/100. Binthu (3440)   ranked 1,304 out of 38,533 in life  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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