reply to post by jamie83
Ok....Just to understand where you're coming from, are you suggesting that McCain would be "playing it safe" so to speak ?
If so, I'd love to hear the arguments that would see the US economy better off in 2013 than it is now, if McCain was elected....90% of economists
I've read across the globe say a McCain presidency would further erode the value of the US dollar and hence cause further increases in the price of
crude, which would be underpinned by McCain's commitment to the conflict in Iraq...
How pretel, would this benefit the US...?
Obama seems to be a bit of an unknown quantity...I would suspect, if he were elected, an initial surge in retail spending and consumer confidence in
the US...Whether that translates to a "recovery" in the US economy depends on a
whole heap of things...
I guess if I were in the US, given your economy may well collapse inside 10 yrs, I'd choose change...
The "old ways" caused this current financial and economic predicament to occur, pretty much....So much for small spending conservative
governments...
We had the same thing here in AUS, the recently disposed conservative govt spent way more than a corresponding labor/liberal govt...
All I can say is, I hope you guys choose right, for your own sakes...
Because...
You have to understand, a partial collapse of the US economy would not necessarily mean doom and gloom worldwide like it would have 10 yrs ago...
Due to the growth of the EU, Asian markets and resource based economies fuelled by demand from Asia over traditional demand from NAmerica and Europe,
many of these economies would be somewhat insulated by a partial "collapse" of the US economy...Much of the effects would be felt domestically...
Like I said, choose wisely guys...This is potentially the most important presidential election in your history...