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Stratos_speAr
United States6959 Posts
On June 29 2010 12:29 MangoTango wrote: Wow, nobody thinks that Africa has the most problems? People are frakking starving there, people. Also, AIDS and warlords and endemic tropical disease and religious persecution and all of that. It's specifically about the recession, nothing else. | ||
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jstar
Canada568 Posts
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Deleted User 3420
24492 Posts
(for the record, i didn't answer - cuz i don't know!) | ||
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BlackJack
United States10180 Posts
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Linx_101
Canada166 Posts
On June 29 2010 12:58 Stratos_speAr wrote: It's specifically about the recession, nothing else. If there's a recession and your own country is suffering, who would want to pay for African countries and their poverty stricken people? That's my guess anyways... | ||
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love1another
United States1844 Posts
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Mindcrime
United States6899 Posts
chose Africa | ||
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Ramsing
Canada233 Posts
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GodIsNotHere
Canada395 Posts
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OneOther
United States10774 Posts
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Wombatsavior
United States107 Posts
I foresee a market crash that will shake the world, not just individual countries, take a look around the world and do some basic research into each countries' recessions, and you find most of the world seems to be going under. This leads to my answer, I choose other, as when things finally start crashing badly, it'll domino effect the rest of the world. Interesting side factoid; The only country to use a monetary system that does not print its own money, and instead is loaned that money, but hasn't collapsed is....America. It has never lasted beyond some 6 decades without completely collapsing, I believe the 2nd place country that made it was Germany in WW2, when a US dollar was worth three trillion Reichsmarks or so at the end of the war. The only country that hasn't had this happen yet, would be America, which current monetary system has been going since 1913. How much farther can it go guys? | ||
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Quanticfograw
United States2053 Posts
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Klive5ive
United Kingdom6056 Posts
In terms of % of earnings a recession will hit the richest hardest. In terms of life and death people in real poverty can be pushed from "just about coping" into "dieing of starvation". Not only can their livelihoods be hit but private aid usually drops during difficult times making it a double hit of less money overall and less aid. Although we are all poorer no-one in England is going to starve as a result of the recession. With that in mind it must surely be worst for parts of Africa/Asia. | ||
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Velr
Switzerland10595 Posts
2. greece 3. spain, portugal and probably ireland. But germany + france are able to keep the Euro afloat for a relly long time. But if you compare the whole of europe to the US, the US has probably the shit end of the stick. In switzerland i noticed nearly nothing, just our currency is getting too strong. | ||
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HnR)hT
United States3468 Posts
edit: oops, didn't notice this was about the recession only  | ||
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Subversive
Australia2229 Posts
On June 29 2010 21:06 Velr wrote: 1. iceland 2. greece 3. spain, portugal and probably ireland. But germany + france are able to keep the Euro afloat for a relly long time. But if you compare the whole of europe to the US, the US has probably the shit end of the stick. In switzerland i noticed nearly nothing, just our currency is getting too strong. Yeah Australia has really dodged the worst of this as well. Don't know who voted Aus. Our unemployment keeps dropping, our trade is strong and we've made almost a 100% recovery. Only our deficit has increased, which compared to the US and Europe is nothing anyway. | ||
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SoL[9]
Portugal1370 Posts
Greece and Portugal are in danger situation. | ||
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Jzerg
84 Posts
On June 29 2010 12:58 Stratos_speAr wrote: It's specifically about the recession, nothing else. I replied Africa as well. The recession hasn't directly affected them as much as some countries, but there are huge indirect effects on the continent (less foreign aid, harder time getting loans and financing for economic development, more indifference from powerful countries to abuses happening there, etc), which, due to their already terrible state of affairs, have a huge negative effect there. | ||
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-Kato-
Spain1146 Posts
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Diuqil
United States307 Posts
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