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Old Sep 19, 2008, 12:47am   #2
MostPreciousBlood
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Quote:
Originally Posted by Mr Beaks View Post
I think this is going to happen. And what's more there are a lot of serious and respected experts who think similar things. Think about it - banking can't continue like this, and where exacty IS the USA going to get all this money from?
The whole US banking sector will drastically change but that doesn't mean banks will just going to cease to exist as a whole.
But all that will not lead to a failure of world economy. Thoug this all will also be a heavy blow to the US economy, the world economy ( does not rely THAT heavily on the US. Europe as the second most important player in the world for example is economically quite disconnected form the US (and i mean the real economical basis here, like im/exports etc.).
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