After reading the thread I recently started about China I realized, not for the first time, how much the US depends on other countries. Many of its products are made in China, not to mention countries like Saudi Arabia have vast sums of money invested in the US market. So theoretically, if the countries the US depend on took their money out of our system and, in the case of China, stop producing for us, could it strike an economical blow to the US big enough to possibly make it very weak, or at least much less formidable, or is there some way for the US to bounce back from such an occurence?
Theoretically, according to a lecturer I once heard, if the nations that the US has a heavy foreign debt to were to pull the plug, then the worse case scenario would be the total economic collapse of the US. Even the best case scenario made it sound pretty grim. Of course the problem is in this modern age global community most nations are intrinsically tied together, and were the US to go belly up (in an economic sense) then it would have a profound knock on effect on many other nations (primarily western, capitalistic ones).
But could it survive? Difficult to say. The US economy is very powerful, the mark by which others are measured. But it is not robust. Nor is it in the best of health, indeed a lot of it is very dependant on foreign investment, the the importance of imports and transnational corporations. Without it it is hard to believe the US could remain the dominant economic superpower.
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From even the greatest of horrors irony is seldom absent.
true...it would mean that american companies would have to start producing their own goods..
but given that companies who do the exporting would be hit the hardest...ie: China would suffer more than America...and Saudi Arabia's only major income is from the US buying oil....then they would be in a worse state than the US
America is in the position of being able to rely on many different types of buisness....computing technologies...manufacturing...tourism...agriculture....many countries who deal with them rely on only 1...and hence wouldn't dare risk harming their only major economic income
the only exception has been Cuba who refused to cow to America's demands and dont trade with them....but they also have a policy in place that means they wont trade with any country that trades with Cuba...further harming their economy...such is their power
even their "special friend" the UK was victim to the policy
a couple of years ago, the US told Britain that all bananas that the UK imported must be from US run farms (chiquita)...the UK refused and the US put an embargo on Scottish cashmier wool
That's what people were worried about with Y2K...not being able to get the products we need...It could cause some panic if it all happened at once....But doesn't China keep to it's self and not import other products...thought I read that once.
Unfortunately....we have too many of our technologies go to other countries like Japan...Lots of products here from Japan.
I'm from Michigan and many people from Detroit have lost their jobs..to foreign car companies also...lots of factory closings....
I really do feel that if the US went down....it would have a huge effect on many other countries......
SO.....Buy American....
Last edited by debbiejo on Jul 18th, 2005 at 12:56 PM
So I've heard....But we do have Saturn now....And it used to be that if you were seen driving a foreign car here,.....OH..how people would glare at you....Use to be...But I've bought a Mazda...It's foreign, but built here....But that's still not good for us....OH..how people would glare at you....
But it's more then just the cars that's left....It's many technologies....
i remember that bullshit. as if you have to prove you love america
by sinking your hard earned money into a piece of shit which was engineered like shit, assembled like shit, runs like shit, depreciates like shit.
SUPPORT AMERICA!!!! PISS YOUR MONEY AWAY!!!!
yeah, fuk that
stop laying off 25000+ employess and then turning around
and offering a nationwide "employee discount' (god what a slap in the face to those GM workers )then build a decent affordable car and ill buy it,
Gender: Unspecified Location: With Cinderella and the 9 Dwarves
Yeah your great trucks.....which you actually drive.....not for work....but just for cruising....which all need aboot as much oil as Iraq has per mile...great they are indeed
yeah, im not sure i like that reputation for america.
i know trucks are needed, but im sure we would all be baffled
if we ever got the ratio of needed trucks to unneeded trucks.
we dont all need trucks
s.u.v.'s especially. wtf do people need with those?
the going myth is that they're 'safer', but the fact is
that s.u.v.'s are far more likely to flip and roll, and most cases
of drivers/passengers becoming paralized are in such an accident.
and make no mistake, those things are easy to flip. people fall under the
misconception that bigger=safer, but really you are less safe and only
serve to make the road more dangerous for others.
thats strange that you should mention this... my sister was driving her ford expedition.. (i think thats who makes it)... and someone crashed into her while she was stopped at the corner (they were in a regular car)... their car was ripped to shreds and she only lost some paint and her license plate.. bigger isnt necessarily better.. but its good to have a little distance from the ground
it all depends on the situation. i guess when they are just sitting there they have the advantage. when it comes time to swerve and maneuvar, thats a different story. you'd be very surprised at how easily those things roll.
I'm not talking about SUV's....they're gas guzzlers.....I'm just talking about trucks...pickup......Oh. well......When I visited DC. they had buses running on Natural gas...cleaner and cheaper...They want to institute nation wide...
But...there are other techs....that have left, and I think if the US...went down, it would hurt more then just this country.
True statements except I don't hear the word "union" in ANY of them, therefore the full explanation isn't being presented here. Unions killed our Steel and Automobile industries. Ask ANYONE whose families and friends are not Union and they'll tell you the same thing. Yes, even from the North.
And I'm sorry if your family is in a union family.
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Last edited by botankus on Jul 18th, 2005 at 04:40 PM
Unions were good at one time.....But now...I do agree with you....very much.......funny thing is that many people in the Unions....love it....don't see any prob. with it...think it's their best friend...buy all the propaganda..
KMC Community Forums
An Interesting Theory
Jul 18th, 2005 05:17 AM
...... its just cause your cars suck....make better cars and your problems are solved.....
)then build a decent affordable car and ill buy it,
