my dear economists,many says that the down fall of US economy will affect the economy of many nations, the rise in the cost of many commodities is the manifestation of declining economy of US ,But is that true? if yes how it could be so?
Why the down fall of US economy affecting the economy of the whole world?
Universal Laws - April 19, 2009
Tags: Universal Laws
1 response so far ↓
1 Max Power // Apr 19, 2009 at 10:54 pm
Yes, it is true. This old saying is still true, "if the American economy sneezes, the rest of the worlds economy catches the flu".
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