Recession - Thank you America.

[StarcraftManiac]

BengaBenga said:

*~Onna76~* said:

Entroper said:
Yes, America is to blame for everything. We suck. We all get it.

I don't wish to insult or anything as I'm friends with the Americans, but the fact is that America consider itself as the leader of the world and most of all as the biggest insipiration in the world. Once America is affected by something, like the attacks on the World Trade Center or America ends up in recession, the entire world is affected. If The Netherlands or any other small, non influential country is in a recession, no one would even notice this.

I just name up a fact, no hate, let that be perfectly clear!

Well maybe the Netherlands isn't that good of an example. Of the top 10 biggest companies worldwide, 2 are Dutch.

Yes, but creating a rescession in other countries when YOUR specific country isn't doing that well can only be achieved if other countries heavily relly on your products (export) or if your has alot of their products being imported from that country. Example, if Germany does bad, so do The Netherlands because 50% of the Dutch' export goes to Germany.

Another factor could be that a country has a lot of cash lent from another country or lends a lot of money to it. As such they are heavily dependant on the other's performance economically. Example could be China having a lot of Dollars from America.

 

EDIT: And ofcourse, you have China, America, Japan, Germany etc... If they fall, the rest of the world will feel that, but that's just because of their huge economic power!