05-13-2006, 06:41 PM
hmm didn't show canada in any of the charts so it's obviously horribly wrong. ^_^
I guess it's possible that the housing market crashing could create deficites with the USA's trading partners but I'd be more worried about other problems with the US economy. Such as the growing dispearity between the higher and lower classes and the export of jobs to other countries. It seems less and less like America is being competitive on the global market yet it is the destination of a lot of the world's exports. Should the majority of people there be unable to buy anything it could quite conceivably destroy the world's economy.
I guess it's possible that the housing market crashing could create deficites with the USA's trading partners but I'd be more worried about other problems with the US economy. Such as the growing dispearity between the higher and lower classes and the export of jobs to other countries. It seems less and less like America is being competitive on the global market yet it is the destination of a lot of the world's exports. Should the majority of people there be unable to buy anything it could quite conceivably destroy the world's economy.