Up to what extent does the economic problem in the US affect others?
By Jenaisle
@Jenaisle (16568)
Philippines
October 8, 2008 2:24pm CST
What is your personal opinion regarding the big economic problem of the US? Did it worsen your country's problems too? If you are from the states, are you personally affected? For other countries, would it be logical to help the US in any way we can, because what adversely affects them would be the same for us? What are your thoughts on this?
1 person likes this
3 responses
@arthi_88 (1516)
• India
10 Oct 08
Well as far as know it has affected Indian market in a big way uptill now but not that badly like other countries who completely depend on USA for thier economy. And since the market is globalised what adversely affects them do affect us and so even if for our own sake all the countries should come forward to solve this financial crisis...
@redkathy (3374)
• United States
9 Oct 08
Well my husband is a small business owner and his gross receipts have dropped 70% in the past nine months! The net profit for his business is very small. We have two or three jobs scheduled for the rest of the year! He had to lay off every one, including me, who was not an independent contractor. And to think the US government bailed out AIG and the head guy threw a million dollar party and tried to give big bonuses to the top people AFTER being bailed out!!! The government can't run our businesses. They stink at running business. What they need to do is protect us from the greedy thieves!
@arnoldream (1332)
• Philippines
8 Oct 08
actually the effect of this financial problem will affect everyone and every country, these days were living in a more global economy which means we're intertwined with each others economy and whatever happen specially to the major players in the economy will really affect the countries that somehow dependent on them. actually right at this point of time our counties economic gurus are analyzing the situation and pointing out the possible adverse effect of this issue and in doing so they might find some remedial actions to combat and secure whatever what is left in the economy and pursue actions and come with policies needed at this point of time and situation to make the economy to move and progress..




