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Author Topic: Is the world economy dependent on the American economy?  (Read 7645 times)
Daniela_grefi
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July 22, 2015, 05:02:07 AM
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Is the world economy dependent on the American economy?
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Derrike
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July 22, 2015, 06:03:06 AM
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No I don't think that world economy depends on American economy.
Every country's economy depends on how much currency it is printing and how much gold is it having.
And also that are they able to pay their loans.
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July 22, 2015, 06:56:16 AM
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some countries depend on real value, that come from their internal production, like olive production(for italy and france), banana production, some arabia countries from their petrol ecc.. or other products that only their country can produce

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July 22, 2015, 09:15:56 AM
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Yes, since it is an open system. 2008.

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July 22, 2015, 09:24:46 AM
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from a financial point of view for sure. exchanges around the world look what happens in the usa in order to decide which direction to go. if american exchanges don't move, exchanges elsewhere won't move either.
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July 22, 2015, 10:22:45 AM
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Yes, because they are there. But that does not mean that America is that much indispensable to the rest of the world. America is huge, but the others are growing.
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July 22, 2015, 10:38:14 AM
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Is the world economy dependent on the American economy?

in most of the case i would say, yes, since there is lot of things that come from americans that europeans adopt, so in some ways yes, but now i have another question:

about what is the american economy dependent?, is the old question and the old conspirancy theories... dont you think?

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July 22, 2015, 11:30:15 AM
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The world economy is intertwined, the US economy is dependent on the world economy and vice versa. Naturally the world economy would suffer greatly if the US economy failed, but it would eventually recover and other economies would fill the vacuum.
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July 22, 2015, 06:58:45 PM
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Yes, that's quite true. Many people in China depend on American consumers buying the stuff they're manufacturing in their factories, and the same goes for German luxury car makers. It's not a life and death dependency, but the world would face a strong recession if the US were to be wiped off the map.

You just have to look at the share of a country in global trade.

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July 22, 2015, 07:20:24 PM
Last edit: July 22, 2015, 07:37:07 PM by funkenstein
 #10

The world economy is intertwined, the US economy is dependent on the world economy and vice versa. Naturally the world economy would suffer greatly if the US economy failed, but it would eventually recover and other economies would fill the vacuum.

What to you mean by "the economy failed"?   If a significant fraction of the population is forced to work for fiat currency does that count as a failed economy? 

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July 22, 2015, 07:32:12 PM
 #11

Sure, at least to some extent. I think almost every economy depends on every other economy in the world (because imports/exports chain virtually the entire world). Maybe the few exceptions would be isolated countries like North Korea.

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July 22, 2015, 08:36:14 PM
 #12

Is the world economy dependent on the American economy?


I do not think the bass entire world economy depends on the US economy but the greater part of which is under the auspices of the Great Powers
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July 22, 2015, 09:55:06 PM
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No. If the American economy disappeared there rest of the world's economy would continue on. Do you think business in the UK or Asia would all of a sudden stop? Obviously the markets would go down for a while, but it would all come back...

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July 23, 2015, 12:20:51 AM
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 No,but USA is recognised like biggest ecnomy in the world,dollar is world reserve currency,That way world is dependent on USA  economy

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July 23, 2015, 01:12:16 AM
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No I don't think that world economy depends on American economy.
Every country's economy depends on how much currency it is printing and how much gold is it having.
And also that are they able to pay their loans.

Yes every country has their own economy, but no doubt other country's economies are influenced by the american economy but it doesn't mean that the growth of all countries is depended on american economy.
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July 23, 2015, 06:52:39 AM
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No. If the American economy disappeared there rest of the world's economy would continue on. Do you think business in the UK or Asia would all of a sudden stop? Obviously the markets would go down for a while, but it would all come back...

only those that are heavily dependent from america will fall, for a bit maybe, nation like japan, for example,  are immune from the failure of other currency, then you have the whole euro, whichwill not be affected much, actually it will beocme stronger for obvious reason
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July 23, 2015, 06:55:03 AM
 #17

It is pretty heavily dependent on the US economy.  Some major players more than others.  You always want to be in one of the countries in the handful that have to remain profitable for the world banks to continue their growth.

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July 23, 2015, 08:09:52 AM
 #18

No. If the American economy disappeared there rest of the world's economy would continue on. Do you think business in the UK or Asia would all of a sudden stop? Obviously the markets would go down for a while, but it would all come back...

only those that are heavily dependent from america will fall, for a bit maybe, nation like japan, for example,  are immune from the failure of other currency, then you have the whole euro, whichwill not be affected much, actually it will beocme stronger for obvious reason

Thanks for repeating my comment, what was the point of that?

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July 23, 2015, 08:58:16 AM
 #19

The size of the US economy is about 22.5 % of the total world economy. So, of course the world economy is dependent on it. The whole question is silly.

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July 23, 2015, 10:08:12 AM
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No. If the American economy disappeared there rest of the world's economy would continue on. Do you think business in the UK or Asia would all of a sudden stop? Obviously the markets would go down for a while, but it would all come back...

only those that are heavily dependent from america will fall, for a bit maybe, nation like japan, for example,  are immune from the failure of other currency, then you have the whole euro, which will not be affected much, actually it will beocme stronger for obvious reason

Thanks for repeating my comment, what was the point of that?

i didn't repeat anything i added on top of what you've said, like the euro that will be stronger and many other top 10 currency, and despite the bubble that crushed cny are among those
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