answersLogoWhite

0

in this situation, poor countries became the poorest... if we are not depending on sumthing like some other countries who are depending on the economy of united states it is like a domino effect,, that's why we should establish our own foundation to ourselves..

we should cooperate,, when everybody should spend money then we should do so,,

it is for the betterment of our nation anyway,,

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Why the recession in us economy affecting the world economy?

many events


Are you in a depression or recession?

The world is in a big recession.


Effects of recession on IT market in India?

simples ,,, recession closing down telesales companies ,,, which use IT daily


How much it will cost to relieve us from the recession?

It will cost about 850,000,000,000 dollars to relieve us fro the recession


How can a recession have a devastating impact on the economy?

the economic effects of recession are business fail,people lose their jobs, and profit fails.


Will the US go into recession?

It has.


What caused the recession in the US in 2001 to be mild?

The suspect lending practices was one of the causes of the recession in the US in 2001.


What is difference between depression and a recession?

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.


What are 3 negative effects of a recession?

you lose your home, you starve, you die


How severe was the recession in 1998?

There was no recession in 1998. See the NBER website for US data.


What are the implications of global recession?

The global recession has adverse effects on the worldâ??s economy. The effects include loss of jobs and foreclosure of homes. Inflation has led to high prices for food and other commodities.


Is Ireland near the end of the recession?

In June 2010, technically, the recession is now over, but it will take time for the effects of this to be felt around the country.