Is the rest of the world setting the US up for an economic collapse

[jn2375]

it wouldn't take much, their comments lately about divesting their US currency sure shook the world markets, was that a test run, are they planning on taking revenge against us because of this administrations policy's. I can feel the economic collapse coming doesn't anyone else? All they need to do is start moving to Euros and out of US currency and we'll be in deep dodo.

[lonestarnot]

1. You could be right...scary times ahead....n/t

[FloridaPat]

2. We are very far up the creek without a paddle - just thieves and

murderers running out country. We have all those nuclear bombs. No point in fighting a war. Dumping dollars would be a cheap way to destroy America.

[solinvictus]

3. No, Bush is doing a good enough job himself. N/T

[ashmanonar]

6. all they have to do is give him a little push.

and he'd ruin us the rest of the way.

[Nite Owl]

4. I really feel that the

rest of the world feels that they can't fight us militarily so they will do it financially. In other words OBL won, this is what he wanted and he may very well be getting it. If they change to the Euro or a basket of currencies as has been talked about then the dollar is in danger of collapse and the only way to stabilize it will be to raise interest rates sharply. Inflation, big time.

[cliss]

19. I don't think the world wants the US to topple.

The rest of the world wants some kind of stability, even though it's in the guise of the US as the World's Hegemon (leader). They're willing to tolerate plenty of challenges, if things could stay pretty much the same.

The one person who really wants the US to topple is Usama Bin Laden. His dreams are coming true, as we speak. His dream of overthrowing the Saudi royal family will probably happen.

I agree with some posters that we really don't need Bin Laden. Bush is doing the job for him. Bush is destroying this country.

No wonder Bin Laden came out right before the election. That little appearance tipped the scales in Bush's favor.

Thanks, Bush.:smoke:

[TwilightZone]

5. Bush doesn't need any help.

Bush is single-handedly setting us up for economic collapse. The rest of the world can just sit by and watch it happen.

[babylonsister]

7. And the rest of the world isn't to be blamed.

We have, as mentioned many times before, the Worst.President.Ever.

[TrustingDog]

8. it's not the rest of the world, it's Bush. He set the stick on fire.

deliberately.

[Imajika]

9. Nope

If the US economy collapses, much of the rest of the worlds economies go into a tailspin as well.

What happens to the American economy effects just about everyone the world over. That is just the way it is. The trade deficit we run may be bad for us, but it means we are buying lots of stuff from everyone else so it is good for many other countries. An intregal part of the world economy is American consumer spending.

The idea that the world is working together to bring about American economic collapse would be sheer fantasy.

Imajika

[Squeech]

13. Not necessarily

Japan would be hurting, but they've been hurting anyway, since Bush41. Canada would lose a big trading partner, as would England. Russia often depends on our farm surpluses.

But China has been aggressively pursuing other markets, and Brazil has been concentrating on trade with the rest of South America, and Europe is more and more self-contained. They can all get along without us. We're just not so important any more.

[Imajika]

21. That is just incorrect...

In this globalized world, if the American economy were to tank it would have massive ripple effects around the world. The idea that a collapsed US economy would really only effect Japan, Canada, England and Russia is utter nonsense. Even assuming your example is correct, which it is not, and it is only those four nations that were most directly impacted, you'd then have to consider what would happen to the trading partners of those 4 nations that fell into recession or depression, and then their trading partners, and then their trading partners, and on and on and on.

"We're just not so important any more."

Perhaps one day, far off into the future, that might be true - but it just isn't at this time.

If the US economy has so much as a slight downturn it can send nations all across the globe into recession. An American economic collapse would be nothing short of catastrophic for the global economy - at least in the short term.

Imajika

[whistle]

10. America is setting itself up for economic collapse by screwing

...the middle class.

[Just Me]

11. If so,...why would the rest of the world CONTROL us in such a way?

Our country's population represents something less than 5% and we're being all bad and bullying and imposing our will.

:shrug:

Would the rest of the world defend or revolt?

:shrug:

[Deja Q]

12. Like watching episode 8 of "The War Games"...

You know they're in a mess. Something very big. There's an aura of doom and gloom and the good guys seem to turn traitor by the end. You know it's not going to get any better.

And yet the dipshit who runs the Doomsday Clock things it's only 23:50. :eyes:

[Warpy]

14. Why should they bother? Look at what's in the White House

Bush's spendaholic ways and tax cuts to the super rich are what has thrown the treasury into massive deficit spending. Even with the two wars, the deficit would still be manageable without those damned ill-advised tax cuts to fat pigs who didn't need them.

I don't think they're going to try to bring this country closer to disaster. Far from it, since this country is still the main market for the goods and services most of them produce. However, they're not completely self destructive, and diversifying their currency holdings is a move toward self preservation.

[babylonsister]

15. My heart bleeds because of our supposed

representatives of a good democracy. That includes this prez, who I can't stand even referring to. I am just so disgusted, and while wanting to be positive, I'm not feeling it lately. Thanks for your perspective, Warpy. So I wonder how the blivet might include some of the rich mans' wealth without seeming to do so?

[mmonk]

16. Economic power will be used

as a counterweight when we become too agressive in the future (I believe this is what the world is working towards with a new kind of bipolar or multipolar approach).

[Spazito]

17. I agree, there are new alliances forming

both militarily and economically. South and Central America are signing new trade and military agreements, both among themselves as well as with China, Russia and the EU.

Countries that trade heavily with the US are working on finding different trading partners in order to reduce their dependence on the US to buy their exports.

[evolvenow]

18. Not playing well with others has a severe price. Countries are getting out

for good reason. Madmen and war criminals are pulling all the strings, holding millions of decent people hostage with their insanity.

US is a risky investment.

[Booster]

20. I certainly believe so....and I think it will be to send a message to

the idiot in the Oval Office that he's been acting too big for his britches. Can't say that I blame them either. I'm sure Bush thinks we'll just print more money and all will turn out right. Dumbass.