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Poll: Which region of the world has the most problem due to the recession?Europe (incl. all of Russia) (122) 42% USA (88) 30% Africa (39) 13% Middle East (11) 4% Canada (10) 3% Other (please specify) (10) 3% Eastern/SE Asia (5) 2% South America (3) 1% Australia (3) 1% 291 total votes Your vote: Which region of the world has the most problem due to the recession? (Vote): USA
(Vote): Canada
(Vote): South America
(Vote): Europe (incl. all of Russia)
(Vote): Eastern/SE Asia
(Vote): Middle East
(Vote): Africa
(Vote): Australia
(Vote): Other (please specify)
2010. So far, half of us are saying the crisis is over, half say it's getting worse. Well, I want to hear you guys' opinions on where the global recession has us, and who has the biggest problems. Note I'm talking about the crisis itself and the problems it causes, not just problems overall. Don't vote Africa just because of say, diseases or America because of obesity. The crisis itself.
Personally, I don't have an answer of my own yet, so give me some reasons for your choice and I'll consider it 
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Europe. The EU is in danger of collapsing if a couple of countries go bankrupt which is not improbable at all. I don't think other regions have the same problem.
+ Show Spoiler +On June 29 2010 07:49 [UoN]Sentinel wrote:
Don't vote Africa just because of say, diseases or America because of obesity. O_o Who would vote the US because of obesity instead of Africa??
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Due to the recession itself? Greece hasn't been doing too great from what I hear.
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Actually, I feel like an idiot for singling out the country that was LEAST affected by the recession and putting it up on the poll. Australia, right?
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On June 29 2010 07:56 stet_tcl wrote:Europe. The EU is in danger of collapsing if a couple of countries go bankrupt which is not improbable at all. I don't think other regions have the same problem. + Show Spoiler +On June 29 2010 07:49 [UoN]Sentinel wrote:
Don't vote Africa just because of say, diseases or America because of obesity. O_o Who would vote the US because of obesity instead of Africa??
Actually not the EU but the european currency union. Although I'ld make any bet that this won't happen.
Also I'm very sure that there is no realistic way for most western industrial countries to recover from their huge dept overall. I just can't imagine that this would work at all to get back to zero depts. Maybe it's because I'm thinking in a very limited matter - only guessing from the experience I've gained in my comparably short lifetime of not even 20 years, which mainly is that the depts increase and politicians in a democracy can't do anything about it.
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Probably Europe, from England to Greece they are threatening to send us into a double-dip recession.
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8748 Posts
On June 29 2010 08:07 Woyn wrote:
No love for Antarctica?
I agree. This is surprising. With the economies of so many developed nations in trouble, no one will have the luxury of sending scientists and film makers to Antarctica. I think we can safely expect Antarctica to take the biggest hit.
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ok who voted for canada, seriously now...
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On June 29 2010 08:59 Destro wrote:
ok who voted for canada, seriously now...
Moose Investing has dropped nearly 30% in the last year.
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On June 29 2010 08:57 Liquid`NonY wrote:I agree. This is surprising. With the economies of so many developed nations in trouble, no one will have the luxury of sending scientists and film makers to Antarctica. I think we can safely expect Antarctica to take the biggest hit.
The other section then.
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Spain is the next country needing a bailout.
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I dont know anyone who was actually affected by the recession
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On June 29 2010 11:09 fabiano wrote:
I dont know anyone who was actually affected by the recession
LOL open your eyes.
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Japan itself is having a hard time due to recession. that's why some people look up for part time work.
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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.
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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.
overall, yes definitely, but they are probably not as affected by the recession as others
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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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Why is this in a poll? You can find facts about it.
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Yes I was just about to ask why this is a poll. Hilarious. It's basically a poll to see what % of people who partake in the poll know wtf they are talking about.
(for the record, i didn't answer - cuz i don't know!)
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I voted Europe because they are leading the poll and I will take their word for it
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On June 29 2010 12:58 Stratos_speAr wrote:Show nested quote +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.
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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Antarctica thirded. We can expect the human population to drop by as much as 50%. What other region can beat such a dramatic downturn?
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I answered the thread title rather than the poll title. ;p
chose Africa
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I'd say the US. They have been in the recession for a much longer period of time and, unlike Europe where certain countries have been able to move out of recession to a reasonable degree, the vast majority of the US is still suffering from the effects of the recession. From what I've seen improvement in the States is relatively non-existent and is really strongly overshadowed by specific states that look like they're going to be a massive drain on the American economy (California comes to mind). Germany and a few other countries can keep the EU afloat until the storm has passed...the real question imo is who can do that for the US?
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Lol Who the hell gave Canada 3 votes? Canada came out of the recession with the least amount of damage done to it due to much safer banking regulation. I'm more shocked Africa/Others didn't get more votes just look at Greece an the problems they've been having an the effect its been having on the global market.
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United States10774 Posts
due to recession? europe. most overall problems = africa though for obvious reasons.
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I chose other, and the reasons I chose that option are because I see this as more than just a seperate issue. The heavy influences most countries have are going to have huge and dynamic consequences. Currently to me it seems there is a race to collapse between the US and the EU, with EU in the lead, but I feel confident the US will win in the end (not that any of it is good.)
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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Lol glad i read the full post, i was about to smack anyone who didnt vote for africa
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The question is too vague.
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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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.
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HnR)hT
United States3468 Posts
Africa, with the Middle East a distant second. Depends on what sort of problems you mean though. It's really hard to compare...
edit: oops, didn't notice this was about the recession only 
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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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Europe.
Greece and Portugal are in danger situation.
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On June 29 2010 12:58 Stratos_speAr wrote:Show nested quote +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.
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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Am I the only one who finds that way of dividing "regions" in the world strange?
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I know here in Bosnia people are getting kidnapped/killed cause of the recession.
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On June 29 2010 21:28 Subversive wrote:Show nested quote +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.
Unemployment figures are a bit misleading, from what i know a significant portion of people are unemployed but are going thru gov paid schooling. which under technicalities makes them not unemployed.
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obviously europe and the US, but these categories are too vague. those countries whose economic progress in the years prior to the crisis had been built mostly on speculation about rising house prices and the like have been hit the hardest, specifically spain, ireland, california and the vegas region. other countries hit hard are those who were the weakest link in the refinancing chain, like greece. the tightening of credit lending guidelines hit those hardest who had the least credit worthiness, like iceland and greece.
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what exacly happens that makes your life worse with than normal in this recession ?
Here in Brazil we have seen no recession, I wouldnt even be able to identify one
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I can definitely say it's Latvia from EU countries followed by Spain and Greece.
And as a country overall, imho, Russia is really a long way to go to get to anything close to countries like Canada, Germany, Netherlands, etc.
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This weeks shipment of beaver pelts was ransacked by the Iroquois . We got word the peggy got the small pox and her and her baby died. She was too old to be havin kids anyway at the age of 24.
Canada?.....
120 years ago..?
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Out of curiosity, what are the majority of the politicians like within the EU? Specifically, Germany, France, Spain, and Greece?
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On June 29 2010 09:09 Jerubaal wrote:Show nested quote +On June 29 2010 08:59 Destro wrote:
ok who voted for canada, seriously now... Moose Investing has dropped nearly 30% in the last year.
G20!!!
But seriously as far as I'm concerned Canada is nearly on top for global C02 emissions.
It's hard to say "this country is more in trouble" because realistic I think every country / region has a lot of problems.
For the recession I think Europe has big problems :/
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On June 29 2010 11:09 fabiano wrote:
I dont know anyone who was actually affected by the recession
Me neither to be honest.
People who spend their money in a responsible way and aren't taking out insane loans to pay for something as redundant as a second couch will most likely be perfectly fine.
It is kind of sickening to see people complaining about the recession while at the same time just ignoring the fact that our recession is still a thousand times better than a good year in 3rd world countries.
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On June 29 2010 22:29 D10 wrote:
what exacly happens that makes your life worse with than normal in this recession ?
Here in Brazil we have seen no recession, I wouldnt even be able to identify one
It is mostly about unemployment. Firms cut jobs and it is really hard to find a new one.
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On June 29 2010 23:45 [UoN]Sentinel wrote:
Out of curiosity, what are the majority of the politicians like within the EU? Specifically, Germany, France, Spain, and Greece?
I think it may be hard to get an objective answer about this but here's my opinion on the politicians in Greece:
Last government was probably the crappiest we've had in the last decades. They caused a lot of scandals by stealing/abusing public wealth (like from the health care system etc) and worst of all they forged the country's financial reports which caused banks to stop trusting Greece, increase the spreads, refuse new loans etc. Even though the situation in Greece has it's roots in economic problems that started many years ago (Greece has basically no heavy industry what so ever and very few exports, mainly just tourism) they probably made it much much worse.
Current government is called the "socialist" party but are basically a little less right and more center wing than the previous one (and hopefully less corrupt as well).
The problem is that they were elected right as the crisis started so they haven't had a chance to really show what they can do. Right now Greece's financial policy is completely controlled by the European Union as a requisite in order to get any help from them. So all this government has been doing is following the Eu's commands, trying to improve the country's standing in the eyes of financial institutions and basically trying not to go bankrupt 
Only time can show if they handle the economy well but to me they seem like decently able people so there may be hope.
Please take this with a pinch of salt since I have no deep knowledge about economics, it's just from what I read in newspapers and stuff.
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Africa, while the direct effects of the recession are probably less than EU or US, but the vastly reduced focus on Africa means their problems are being addressed even less than usual by the developed world. So the opportunity cost of the recession for them is the possible improvement in their standard of living, which matters just as much as the more obvious explicit costs experienced in the EU.
The fact that the opportunity cost for Africa is more people with AIDs or starving compared to the European problem of people having to live on the dole, means that the effect of the recession on Africa is worst when one considers all effects.
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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.
The recession probably hasn't changed that very much.
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Greece -> EU -> Europe
Pretty easy choice.
America is doing okay, despite what people think.
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On June 29 2010 11:25 exeexe wrote:Show nested quote +On June 29 2010 11:09 fabiano wrote:
I dont know anyone who was actually affected by the recession LOL open your eyes.
i see, your eyes are open
wear no disguise for me
come into the open....sing (sorry that song is just too addicting)
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The recession is actually making people worldwide happier - since everyone's having problems, there's nobody to envy.
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As whole its really no contest. Africa was crap and is still crap. No change. Certain countries in Europe are effected heavily but others are not. The US went from the world leader to possibly going to collapse. Huge shift.
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Lol Australia wasn't effected by the GFC. We were effected by our own government being stupid
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On June 29 2010 23:45 [UoN]Sentinel wrote:
Out of curiosity, what are the majority of the politicians like within the EU? Specifically, Germany, France, Spain, and Greece?
In comparison to American politics, the typical European liberal is a great deal more liberal than the standard American liberal (i.e., American liberals consider national health care to be an important issue, whereas European liberals and conservatives alike don't really question the idea or principle behind it). Likewise, some European conservatives are considerably more conservative than their American "counterparts". This is due to a number of factors, several of which are the proportional representation system that many European nations employ, allowing for more diverse and specific political parties compared to American (and British) plurality systems, which tend to favor more general political parties whose divisions are based primarily on socio-economic policies.
To illustrate, Europe has parties like the PVV which hold real political power, whereas it would be unlikely for such a party to gain widespread support in the United States due to the structural system of the electoral process. Up to debate, of course.
In a nutshell, true European liberals would be considered hardcore liberals in American politics. Recent trends in European elections (Britain, Germany, Netherlands, etc) show an upsurge in conservative-orientated voters, partially as a gut reaction to "failed" liberal economic policies, immigration issues (which are much more controversial in Europe than in America), and other factors.
I haven't had the time to keep wholly abreast of the politics in Spain or Greece, however.
As for the OP, the EU/US are the obvious answers in terms of clearly seen economic loss. However, and this is largely going off bits and pieces of knowledge with no real research by myself about it, I would say that Africa is probably the worst off due to the withdrawal of external aid and monetary assistance, thereby hampering development and aid. I haven't any facts to support this and don't have time to get reliable sources, but it's probably fairly accurate.
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lol, eu is doing fine. its 1 or two countrys thats haveing issues. and all that has to be done is other countrys pay the bill, witch their very much capable off. and even the richest countrys in eu isnt apart of the socalled "EU" region whatever its called. so US def has the most problem these days and prob will in the future aswell. their drama queens (no offence.)
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On June 29 2010 23:57 Radiomouse wrote:Show nested quote +On June 29 2010 11:09 fabiano wrote:
I dont know anyone who was actually affected by the recession Me neither to be honest. People who spend their money in a responsible way and aren't taking out insane loans to pay for something as redundant as a second couch will most likely be perfectly fine. It is kind of sickening to see people complaining about the recession while at the same time just ignoring the fact that our recession is still a thousand times better than a good year in 3rd world countries.
Depends on who you talk to... there are so many people in debt who can't get jobs. Not to say they have it worse off than people in 3rd world countries... but it's a drastic change for them from the quality of life in the 90s.
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It's fallout. Reaganomics worked well in the 1980s USA, so 1990s worked pretty well. Clinton fucked things up in the end, and Bush made it worse (but DID NOT START IT) so what we have is a crisis.
Only difference is that while in USA we fucked up, it was actually a bad snafu and everyone happened to fuck up too at the time.
Basically, guys, don't spend money you don't have, and don't fuck up anything that doesn't need to be. And for Christ's sakes, be happy.
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I don't know who has been affected the most but I believe the strong economies will come out alright(USA, Germany, France, etc) We climbed out of the debt from WWII and we can do it again. Countries like Greece, Spain, Portugal, Ireland are in for a rough ride, imo.
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Where's Jay-Z on this list? I hear that he has 99 problems.
On a serious note, I think a quantitative list of problems is arbitrary compared to the depth and breadth of a problem. For instance, Australia has cane toads, but Africa has several endemic hemorrhagic fevers. The United States has religious zealots that hold signs on street corners that say' God hates f**s*, but parts of the Middle East have religious zealots that blow up buildings.
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Haiti has been hit pretty hard... by everything, and the recession hasn't exactly been kind there either.
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On July 01 2010 14:58 gdroxor wrote:
Where's Jay-Z on this list? I hear that he has 99 problems.
On a serious note, I think a quantitative list of problems is arbitrary compared to the depth and breadth of a problem. For instance, Australia has cane toads, but Africa has several endemic hemorrhagic fevers. The United States has religious zealots that hold signs on street corners that say' God hates f**s*, but parts of the Middle East have religious zealots that blow up buildings.
The fundamentals in the ME have started before the recession, circa 1950s I believe. And same goes for Africa. Either way, even when USA and Europe and everyone else come out of debt, unless they find a cure for AIDS, that continent's pretty much fucked.
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The recessions in Europe and the United States are caused by different problems, so I wouldn't really combine them together into "the recession."
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Recession wise i think USA has been hit the hardest.
EU covers so much i dont think its fair to group them all into one lump of "problems"
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I imagine USA would be if we don't count north korea. I'm ignorant to Europe's problems though.
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I want to know why the highest vote is Russia?
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Fuck keynes and people who consider continous government expending is any good for anyone. Same happened before WWI, after WWII and nobody seems to care to keep doing the same because it is popular to artificially boost ur GPD while in office.
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pretty bad choice of title considering it's about money. Being that is the case , 3rd world countries have always had it worse, failed businesses in the west mean fuck all, at least they can afford food or have the government give them free food.
This is a regular occurrence and it is heavily due to the people behind the curtain, most people just believe it was a few factors but there is a bigger story people seem un-aware of but then I guess that labels me a conspiracy guy , which is fine and is why I usually stay away from posting in threads which are lacking in common sense.
Let's have another global warming care bare thread to top it all off.
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On July 01 2010 10:19 [UoN]Sentinel wrote:
It's fallout. Reaganomics worked well in the 1980s USA, so 1990s worked pretty well. Clinton fucked things up in the end, and Bush made it worse (but DID NOT START IT) so what we have is a crisis.
Only difference is that while in USA we fucked up, it was actually a bad snafu and everyone happened to fuck up too at the time.
Basically, guys, don't spend money you don't have, and don't fuck up anything that doesn't need to be. And for Christ's sakes, be happy.
-_-
you're kidding right?
anyway, all I can speak on is from my perspective is Michigan is really bad. Some people have gotten their jobs back but its very hard to find new jobs and I dont believe things are on the upswing. It seems like people are just buying cars atm but pretty soon that will stop.
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On July 02 2010 02:21 Sadist wrote:Show nested quote +On July 01 2010 10:19 [UoN]Sentinel wrote:
It's fallout. Reaganomics worked well in the 1980s USA, so 1990s worked pretty well. Clinton fucked things up in the end, and Bush made it worse (but DID NOT START IT) so what we have is a crisis.
Only difference is that while in USA we fucked up, it was actually a bad snafu and everyone happened to fuck up too at the time.
Basically, guys, don't spend money you don't have, and don't fuck up anything that doesn't need to be. And for Christ's sakes, be happy. -_- you're kidding right? anyway, all I can speak on is from my perspective is Michigan is really bad. Some people have gotten their jobs back but its very hard to find new jobs and I dont believe things are on the upswing. It seems like people are just buying cars atm but pretty soon that will stop.
Oh man. Detroit. When I think about the American recession, I immediately think of Detroit, and how much of a ghost town it has become in the past 10 years.
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United States22883 Posts
On July 02 2010 04:30 gdroxor wrote:Show nested quote +On July 02 2010 02:21 Sadist wrote:On July 01 2010 10:19 [UoN]Sentinel wrote:
It's fallout. Reaganomics worked well in the 1980s USA, so 1990s worked pretty well. Clinton fucked things up in the end, and Bush made it worse (but DID NOT START IT) so what we have is a crisis.
Only difference is that while in USA we fucked up, it was actually a bad snafu and everyone happened to fuck up too at the time.
Basically, guys, don't spend money you don't have, and don't fuck up anything that doesn't need to be. And for Christ's sakes, be happy. -_- you're kidding right? anyway, all I can speak on is from my perspective is Michigan is really bad. Some people have gotten their jobs back but its very hard to find new jobs and I dont believe things are on the upswing. It seems like people are just buying cars atm but pretty soon that will stop. Oh man. Detroit. When I think about the American recession, I immediately think of Detroit, and how much of a ghost town it has become in the past 10 years.
It's been 20. The thing is, the recession that most of the country faced a couple years ago hit Michigan about 15 years before, and it still hasn't improved dramatically. I don't know what the numbers were this past year, but a couple of years ago we were neck and neck with Louisiana in terms being at the bottom of economic growth (this was a year or two after Katrina) and the following year they were ahead of us. ><
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United States889 Posts
The U.S is fine. As long as everybody else keeps believing in our imaginary money we'll continue being fine.
But seriously. People in the U.S & China & Europe all pretty much have clean water and food. In Africa, a lot pretty much don't. Therefore, Africa>all
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I think that the moon have been hit the hardest by the recessions, tourism have dwindled to nothingness and it haven't seen any kind of economic growth in years!
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Nothings changed here in canada. Spending might be cut a bit, but for the most part I dont have a problem finding a job. Works still here. Moneys still good.
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On July 02 2010 07:55 Klockan3 wrote:
I think that the moon have been hit the hardest by the recessions, tourism have dwindled to nothingness and it haven't seen any kind of economic growth in years!
Yeah seriously, the german moon programme is even in danger of getting cancelled! Poor lunis 
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USA and Europe might have bad problems, but WTF!!! Have you ever seen the problems in Africa - No food - no leaders - fighting civil wars 24/7. Africa has by far the worst problems on Earth.
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lol, i put other, because the thread title, the only obvious answer is "me"
There is something weird in this thread.
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On July 02 2010 09:19 Bob300 wrote:
USA and Europe might have bad problems, but WTF!!! Have you ever seen the problems in Africa - No food - no leaders - fighting civil wars 24/7. Africa has by far the worst problems on Earth.
Already had them before the recession. How hard is it to read the poll question?
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EPT
