Is the world economy dependent on the American economy? - page 4.

jayce

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Quote from: BTCBinary on December 27, 2015, 10:24:45 PM

It is not dependant but it is not entirely independent as well. The US has a significant importance and a strong influence in the world economy that can tear down a country in no time. They can press many countries to impose embargos on their enemies. SO in a way they have a wide influence in the world economy panorama.

They have nothing that can press many countries to do what they want to do but they have significant effect to smaller countries. They have nothing and some world leader doesnt fear them, north korea is a good example that united states have no significant effect on them

BTCBinary

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It is not dependant but it is not entirely independent as well. The US has a significant importance and a strong influence in the world economy that can tear down a country in no time. They can press many countries to impose embargos on their enemies. SO in a way they have a wide influence in the world economy panorama.

Emersonnets

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The trouble is you think you have time.

I believe so yes. If something happens to the American economy, you are definitely able to see some movement in some other economic markets all over the world.
You don't have to look that far to see this happen. The American market is one of the biggest, next to China.

vero

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Quote from: Pab on December 25, 2015, 12:18:22 PM

In modern world all economys are conected.USA is specific becouse USA doollar is reserve currency of the world.But now if you look any news you will see that most important is China

Globally, the Chinese is still an unknown as an international player. But in historically, china is the super power in Asia until it fell to corruption and ineptness.

bit1

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Indeed all other economies depend on just enough to see for example the Greek crisis, A large economy like the one you mention have a broad impact in other countries, So that all economies are dependent on others without mentioning names .

PakistanHockeyfan

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It is dependant when it's own economic background is within crisis.

Pab

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In modern world all economys are conected.USA is specific becouse USA doollar is reserve currency of the world.But now if you look any news you will see that most important is China

thejaytiesto

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I think BRICS could emerge without USA, but we'll see, USA is just too powerful, it may start a black hole of destruction in the financial world. Luckily tho, we as Bitcoin holders would benefit from all the chaos, so will Gold users.

Amph

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Quote from: fantoos on December 25, 2015, 06:45:12 AM

American economy controls the world economy which can be proved by recent economic crisis which started from America and destroyed world economy.American economy works like engine for world economy.

no i don't think so, for example the crisis seems tronger in europe, than in america, in fact taxes are on an average of 50% in some country of euro which is crazy

i think has to do with the liquidity of each country and how well each one of those country can sustain the crisis...

Slark

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Quote from: fantoos on December 25, 2015, 06:45:12 AM

American economy controls the world economy which can be proved by recent economic crisis which started from America and destroyed world economy.American economy works like engine for world economy.

No it is not like that. I think global markets are connected and if Asia stock market crashed at that time instead of US we will have crisis in the West which started in the East.
It is rather than dollar is still number 1 currency in the world when comes to international trading exchanges.

fantoos

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American economy controls the world economy which can be proved by recent economic crisis which started from America and destroyed world economy.American economy works like engine for world economy.

buddu

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No,but American economy has big influence on the world's economy but China is changing this trend and their are coming into existence new economic blocks which will make it decentralized in my opinion.

boopy265420

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Yes it is true that world economy is dependent on the American economy and will be as long as fiat money especially dollar is international currency.Bitcoin and digital currencies will change this concept and will create new financial system which will be more independent that existent.

virtualx

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To answer this question we should look at the trade data. The US imports a lot from China. Here is an image of the top 15 trade partners of the US. Large exports mostly to Canada and Mexico

ridery99

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Not only american economy but the chinese economy.

arbitrage001

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Quote from: molsewid on December 23, 2015, 08:16:27 AM

Quote from: turkandjaydee on December 23, 2015, 05:38:07 AM

very much so, but not just US, if China fail, we would also fail.

Yes. The influence from China is getting bigger day after day. It is the largest users of commodities. The price of commodities dropped a lot due to slowdown in China.

Blow up in China going to cause bond price around the world to implode (hence high yield).

The Sceptical Chymist

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Great, another spam-bait topic with no other contribution from the OP than the question itself.

Is the world dependent on the US economy? No, but the US economy definitely influences the world economy to a great extent. How's that for an answer?

Where do you people come from???

HostSurf

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Is it vital for the world, no.
Will the world be in a little crisis if it falls.. it sure will.

They got a lot of juice.

Bamselk

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The world economy are affected by the US one greatly in the past, but not any more. The Chinese economy is more important now.

Epicnicity

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Yes once something starts to happen with the American economy, almost every other market in the world is affected by it. It's like a domino effect really, certain things happen for good but once something bad happens to the American economy, most will follow after.

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