Of course it doesyer mom lol jokin. The world economy is interconnected on many levels. For instance, you may have noticed the huge jump in gas prices for a time during 2008. While there were many factors involved in this, one major one was that oil is traded in US Dollars. As the value of the USD falls, the amount of oil that $1 purchases decreases (thus increasing the price of oil). While most easily noted in countries that trade goods in the USD, the price of oil is a huge factor in the cost of moving goods around the world. If it costs more to move goods, naturally the goods cost more when they arrive.
This is a meager example of one minor facet of world economy at work. There is, without a doubt, a nearly infinite number of other examples that could be given, but I will let wiser economists than I try to give you a better explanation. However, the direct answer to your question is yes, a failing economy in the US (or any major trade nation) has a ripple effect throughout the world.
There are a lot of countries around the world that are dependent on the US either via exports or financial aid or any other means.
Because of the recession in the US, almost every country in the world is affected. All nations economies are slowing down, their GDP is falling, unemployment is increasing etc.
There is a significant and strong impact on almost all nations because of the US recession.
Yes,
There were (and continue to be) multiple practical effects of the writing of the Constitution. The most important of these practical effects was that the Constitution allowed the new country...
The effects from the Revolutionary War on America was that it was a free country. It could now trade with anyone they want and didn't have to follow Great Britain's orders.
Lehman Brothers Naresh Singhmar
Iraq .
It will cost about 850,000,000,000 dollars to relieve us fro the recession
It has.
The suspect lending practices was one of the causes of the recession in the US in 2001.
A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.
There was no recession in 1998. See the NBER website for US data.
"If one looks at historical numbers of the past US recessions, the country faced a recession anywhere between 8-16 months. In 2000-01, it faced 8 months of recession, in 1990-91 about 8 months, and 1981-82 about 16 months. Historically, that is how long recession has lasted." "Some people in the US say it could last for 3-4 quarters...This recession is compared to that of 2000-01 and 1969-70" SOURCE: http://www.moneycontrol.com/india/news/market-outlook/us-recession-could-last-for-3-4-quarters/12/00/326369
it effects us on how we vote and how we lead our country today!
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.
in a recession
Democrats
Yes,
There were (and continue to be) multiple practical effects of the writing of the Constitution. The most important of these practical effects was that the Constitution allowed the new country...