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Originally posted by Numbnutz
OMG what would happen if there were no McDonalds
Originally posted by mwm1331
Someone asked for the opinion of an economist, I am a venture capitalist. I make my living by understanding world economies and investing in companies. If in some highly unlkley scenario where the U.S. goes into a massive depression similar to the Great Depressin of the 30s It would have a MASSIVE effect on the world economy. China whose trade imbalance with the U.S. is measured in the billions would be hardest hit. Thier economy would take a severe nose dive. Europe as well would take a big hit as the U.S. is currently a net importer from europe. Mexico would also be hit very hard with that economic trouble extending south thrugh South America. People in Africa would die by the hundreds of thousands as the U.S. aid packages are feeding millions on that continent. Japan would be affected as its two biggest markets, America and Europe, would both be in the midst of a severe recession. The fact is in this day and age the economies of all 1st world nations are inexorably intertwined and a blow to any one would have an impact on the others. However as the U.S. is the largest consumer worldwide a major recession here wuld affect the rest of the world far more than a major recession in germany or even the U.K. The only country I see that would weather the economic earthquake these hypothetical events would cuase without to much discomfort is australia.
Originally posted by The Astral City
I really don't care how big you Americans think you are, by having to shout it out so much it just shows the insecurites inherent to your country.
Originally posted by The Astral City
You Americans need to relax and remember that there are 6,000,000,000 people on the planet not just your little 300,000,000. You are a superpower the whole world knows it, get over it.