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I want the best possible future for my children.
originally posted by: solongandgoodnight
originally posted by: MrSpad
Here would be the problem, if there really was a US economic collapse coming then it would bring the entire worlds economies crashing as well. So nowhere would be good, in particular if you were a foreigner taking up a job now desperately needed by a local. That would get ugly. Not that is this very likely. The US economy is so massive it can survive just about anything.
Is every country truly effected negatively by an economic fallout from the U.S.?
For example South American countries, or a country like New Zealand.
Really asking
Say the impossible happens, which I believe it will since history repeats itself, which country would be left in the best economic state?
originally posted by: MrSpad
originally posted by: solongandgoodnight
originally posted by: MrSpad
Here would be the problem, if there really was a US economic collapse coming then it would bring the entire worlds economies crashing as well. So nowhere would be good, in particular if you were a foreigner taking up a job now desperately needed by a local. That would get ugly. Not that is this very likely. The US economy is so massive it can survive just about anything.
Is every country truly effected negatively by an economic fallout from the U.S.?
For example South American countries, or a country like New Zealand.
Really asking
Absolutely. The collapse of the US would lead to a collapse in the EU, China, Japan, India. Brazil, Mexico, Canada and most other major economies and so it would go like dominoes. The 20 largest trading partners of the US would bring down Asia and Europe alone. On top of that the US is largest trade partner for 68 nations in mostly Africa, Central/South America, The Caribbean and Asia. So you have 100 plus nations losing one of their most vital trade partners. This is what I mean when I say the US economy is so huge 22% of the global GDP that is almost a quarter of the entire planets economy. So a total US economic collapse would lead to a total and compete global collapse. However the massive size of that economy makes such a think almost impossible.
originally posted by: solongandgoodnight
Say the impossible happens, which I believe it will since history repeats itself, which country would be left in the best economic state?
originally posted by: MrSpad
originally posted by: solongandgoodnight
originally posted by: MrSpad
Here would be the problem, if there really was a US economic collapse coming then it would bring the entire worlds economies crashing as well. So nowhere would be good, in particular if you were a foreigner taking up a job now desperately needed by a local. That would get ugly. Not that is this very likely. The US economy is so massive it can survive just about anything.
Is every country truly effected negatively by an economic fallout from the U.S.?
For example South American countries, or a country like New Zealand.
Really asking
Absolutely. The collapse of the US would lead to a collapse in the EU, China, Japan, India. Brazil, Mexico, Canada and most other major economies and so it would go like dominoes. The 20 largest trading partners of the US would bring down Asia and Europe alone. On top of that the US is largest trade partner for 68 nations in mostly Africa, Central/South America, The Caribbean and Asia. So you have 100 plus nations losing one of their most vital trade partners. This is what I mean when I say the US economy is so huge 22% of the global GDP that is almost a quarter of the entire planets economy. So a total US economic collapse would lead to a total and compete global collapse. However the massive size of that economy makes such a think almost impossible.
When I research it, I keep coming up with New Zealand. Problem is, I know about oilfield downhole pumps and oilfield supplies. I can't find much info about the oilfield there.
originally posted by: solongandgoodnight
a reply to: Night Star
I will consider Canada, but I just assumed the U.S. and Canadian economies were very closely tied. Maybe not, I don't know. It's hard to see how they couldn't be.