u.s. economy, Soon to die?
Going strong
Side Score: 6
|
 |
Will colapse
Side Score: 2
|
|
|
|
|
The U.S. economy may enter a nasty recession but won't die anytime considered 'soon'. According to dictionary.com an economy is..."The system or range of economic activity in a country, region, or community: Effects of inflation were felt at every level of the economy." So long as the United States exist, economic activity and effects such as inflation, deflation, recessions, and expansions will occur. The likelihood of the United States failing to exist is very low. Therefore, the likeliehood of the US economy dying soon is extremely low. Side: Going strong
Don't you think you may have taken the question a bit too literally? I don't know enough about economics to be able to say one way or another whether the US economy is headed for a recession. What I DO know is that our dollar (Canadian Dollar) hasn't been worth more than the US dollar in decades (I think we're back underneath again now, but still pretty close to the same value) and that to me is a strong indication that all is not well for the red, white and blue. Side: Will colapse
1
point
|
0
points
If we take the 'die' as a collapse/recess, then yes, recession is inevitable as boom. Recent stock market activity and growing unemployment are some of the indicators suggesting loss of growth. For more information, click the link. Side: Will colapse
|
