Quote:
Originally Posted by NoComments
when you import:
American music, American culture, McDonalds, Pizza Huts, etc,
you import American financial calamities too.
Good luck, Europe. The last American Depression was conquered thru the WWII in Europe.
Us, Americans, know thta and we can easily do it again! Have you seen Iran and North Korea working on nuks to kill us all? We'll save the world once again and our own asses in the process.
|
i'm certainly not up for arguing with serge but the eurozone trade deficit is due to a fall in exports and lower consumer spending- and the deficit has only risen recently while there was a surplus up to a few years ago.
also, while the great depression ended during wwII, there is still debate about whether or not the war caused the end of the depression.