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Old 02-13-2013, 10:55 AM   #9
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Join Date: Jul 2006
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Default Re: Jeff Berwick -Get Far Away From The U.S... Collapse Will Be Messy

Originally Posted by niko
Everyone is intertwined. If the US is ****ed everyone is ****ed. None of the giant countries economies are so interdependent that they can survive the others crashing.

Which is why countries are trying to diversify from the US. Not sure how successful that strategy will be but you can see in Canada that they are aggressively seeking trade deals in Asia and Europe for new markets because of the lack of confidence in America's economy. With that being said I think if worse came to worst multinationals/china other foreign powers would attempt to bail out the American economy.
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