Monday, August 22, 2011
THE USA SHRINKING ECONOMIC POTENCE IN STIMULUS PACKAGES HAS SPREADED WORRIES IN MANY NATIONS AROUND THE WORLD.
The USA shrinking economic potence in regard to the declining global competitiveness and devaluating currency has spreaded worries in many countries around the world, particularly among the the financial markets and the globalized markets economies, eventhough domestic markets competitiveness and the required stability have been attained by the rescue packages in stimulus packages and the rescue plan that has been referred to as the Down -grade which too have been widely criticized at home and abroad as an additional stimulus package in a rather different name that caused further inflation, currency devaluation and global recession. The current Administration promises on broader economic improvement focused mainly on immediate . or short term economic, or rather money problems that have been resolved by the stimulus packages and the rescue plan that has been referred to as the USA Down-grade, which its impact on the economy has been of domestic markets advantages. However, when and how the gradual and eventual impact of the debt and the budget deficit on the USA economy may occur and cause depression, despite the foreign exports to the USA has not been made clear.
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