The world stock markets plummeted based on the decisions of Bush, and in fact, the decisions of those country's own citizens to scramble to sell stock.  In every country a recession is caused by loss of consumer confidence in their investments.  You can never wholely blame one person or country for the cause of a worldwide recession, because its caused by the decisions of all citizens. 

Read the news lately? Heard whats happeneing in the worldwide finance sector? Citibank anyone? how did that not cause the recession?  

You are misunderstanding me. I'm not saying that there isn't blame here for American banks and certain American citizens, particularly the American government. Just saying don't blame an entire country for the decisions of some. With any luck, a new President with some financial saavy can move things along in the right direction. For both America, and the rest of the world.

Yeah, dont forget you need America. Some big idiots might be running the country currently, but without us the rest of the world is screwed.

American recession is bad news for everyone. Here comes increase in unemployment.

I totally agree with you on that it wasnt the entire country. thats why i said thousands and not millions...

howevere, a certain mass had to be reached in irresponsible behaviour to have such a huge effect on the financial sector in the us.

and now please tell me the title of the game that was on my mind when i wrote this post. 

It will probably depend on how other markets do tomorrow before the US stock market opens. If the Asian and European markets manage to stay level or maybe recover a little from today the US market will probably show a smaller decline than other countries did today. If they go down again tomorrow then the US market will probably see larger losses than Europe did today.

@Starcraft, what kind of mentality is it to wish for doom on other people/countries? You should better hope for the markets to show some recovery tomorrow.

in futures trading today, i think S&P futures is down 4.5%.

The US markets will take a pretty hefty beating tomorow, and this entire week will probably be pretty rough ...

Soon enough the federal reserve will meet again and it is likely that they will (foolishly) cut interest rates by 0.75% or possibly by a full 1.0% after how rapidly everything seems to be falling apart; this will (of course) cause an instant spike in all the markets across the world, and most major currencies will see a massive spike in value in comparison to the American dollar.

The US market will def. take a beating tomorrow. The markets in Europe and Asia produce a ripple effect so obviously, the US willl be affected greatly. The question is : How severe will it be?

You're pissed off that a bad US economy is killing EU markets, so you would like the US economy to do worse?

This is what they call cutting off your nose to spite your face.

I just hope that Bush doesn't  "stay the course" with that horrible bailout plan. Address the root causes, don't just throw money at the boogeyman and hope he goes away.