The American economy today.

India
April 22, 2011 7:29am CST
Hello all, The American economy is in a real mess today.Do you believe that America is on the brink of economic collapse?Do you think America will emerge stronger economically from this mess?Will America loose its position in the world? These are really serious questions that need serious answers. Please feel free to voice your opinion. jitendra
5 responses
@bird123 (10643)
• United States
24 Apr 11
The American economy is actually starting to pick up. Oil prices seem to be the biggest drag on not only the American economies but the world's. Speculators are driving up prices at the market level. If it were all based on the actual use demand, prices would be much much lower. American corporations have gotten very strong. Most are global now. They have a great influence on the world economies today. I'm afraid greed plays a big part of the system. Just check the money the CEO makes at all the major corporations. Is anyone worth making that much money? It' GREED!!
• Philippines
22 Apr 11
I don't know what specifically America is experiencing right now but we, Filipino citizens, have our own problems too. I can say that we're also kind of in a bit of a downfall here. We're working on it, I know, and I think bit by bit, we can stand up and fix the problems, even if it's just one baby steps at a time.
@chiyosan (30183)
• Philippines
22 Apr 11
People have not stopped working, so i believe every country who is in an economic collapse right Now will be able to withstand this.
@maximax8 (31046)
• United Kingdom
22 Apr 11
I think that many countries in the world are in recession right now including America. I think that the United States of America has already achieved a great deal. Times are hard for it right now but sometime in the future the recession will end. I mean times will get better for America and the other countries affected. I remember my home country had a recession in 1991 and now it has another recession. It came out of that earlier recession and so will it this time at some point in the future. I don't think that America will lose its position in the world because it will get stronger.
@sonusd (1547)
• India
22 Apr 11
Every country has some problem and as per the timing every country has to reach at a certain point after that they cant move further, so America has already achieved so many target , now its time for some other developing countries like India or China, that does not mean the economy is too bad it will recover to its track again very soon