Monday, March 15, 2010

Are We Heading For Another Round of Economic Woes?

Read this article and write about how what is happening in this country and how it could impact the US economy. This article will be used for the due date of March 19th.
Read this article about another country and their economic conditions. What does this have to do with the US?

43 comments:

kward4 said...

for real for real i think we light weight is cause look what's going on now aint nothing getting better its all getting worse.

shawnpowell6 said...

i don't think it could get any worse than it is but when people are comparing our hard times to the great depression it starts to make me wonder.. if people learned how to save a control their money then we wouldn't have half the problems we have yo don't need to buy a 2011 car when your 2010 needs a full tank of gas... pointless spending

shawnpowell6 said...
This comment has been removed by the author.
Jordan Groh said...

No i don't think that we are heading for another round of economic woes. I think that we are going to start pulling out of the recession that we are right now. I think that we have learned from our mistakes and will not make them again and i think that that will keep us out of another recession.

NBogard said...

Well Greece lied about its deficit budget and are slowly climbing into a huge pile of debt. We will most definantly see another round of economic woes. This recession is affecting other countrys which in turns will affect us because of all our out of country trading.

jstreeter7 said...

What happens if Greece really defaults? I don't think that it would affect us as the United States finacial situation as far as us gatting more in dept. And causing us to threw another recession becuse slowly were moving out of this recession.

alanh7 said...

It all depends of what the European Union decides to do with Greece. If Greece absolutely goes into a Great Depression, it will, without a doubt, affect us in the long run. We will not be untouched. The European Union really needs to solve Greece's problem soon and efficiently or we might face a world depression in a few years. Greece is right, we're all in this together, for if one falls, we all fall.

Anonymous said...

I thing the economic is not going to be that worse, I thing the people allraedy learn with the first depression all i said is save the more money you can you don't have to have evrything new.

EnaRedzepagic said...

i think that we will start pulling out of the recession slowly and like jordan said we will learn from our past mistakes and start improving.

Lindsey B. said...

well... the money started down then we can't get back up......$o$

hdornon7 said...

It is true that the entire world is tied together economically, and when one nation suffers, others will quickly follow. However if seen in advance, countries should start getting their resources elsewhere in order to slow their economic troubles from setting in.

eholbrook2426 said...

I personally don't think that we're heading for another round of economic woes. I don't think that it would affect us getting more into debt. People already learned from their mistakes from the depression and they are making sure already it doesn't get that bad.

jteague4 said...

People will buy less if you add a tax on the imported product because it will cost them more money to and tire companies in the U.S. will make more money.

KC said...

i think it could get a lot worse. because the way things are going now.. it seems like it ant getting better...

KC said...

i think it could get a lot worse. because the way things are going now.. it seems like it ant getting better...

Anonymous said...

I think that we're moving out of the recession and we'll be back on our feet but we definitely need to be helping everyone together and if Greece defaults then we'll be in some trouble. Even though they lied about their deificet budget I think we should still help the union

Roof1619 said...

It all depends on if Greece goes into a depression. If they go into a bad depression it could effect us greatly. Our exports could go down, causing a downful in our economy. Hopefully European Nations will not go into a depression, so we will not be worse off.

cwilsonpd4 said...

The world is tied together economically, and our ressecion is effecting other countries. We need to learn from our mistakes and make the future better.

Bailee™ said...

It is true that the entire world is tied together economically, and when one nation suffers, others will quickly follow. But i think that we will eventually pull out of this recession and everything thing we go back to normal again, people wont have to worry, but people need to watch how they spend there money.
It will help a lot in the future.

just kay :) said...

wow. to compare us now to the 1930's great depression, it seems like it couldn't happen, were in 2010 nothing could ever happen to us. major CRAP if people were a little more wise and actually cared about what the government is doing maybe just maybe we wouldn't be stuck in a rut. there is pointless spending going on and yet obama encourages it. "if you spend money,, it will help get the u.s out of debt. please,, spending doesn't pay off credit card debt, or college debt, so why would it pay off the u.s's debt. no sense

s.parks5 said...

i really don't think that the economy is going to get worst. Were going to eventually get out of this recession. People just ned to save their money and watch how the spend it.

RHerrera5 said...

I think their is going to be a solution to all this . Things are bad but i don't think their will be another great depression for now. I think that in a couple of years the economy problem is solved. and we're out from this recession.

edwinb5 said...

I don think that were in for another round because people have been saving up their money. I think that we are in the recession and i think that we will only be hurt a little by Greece

CRice7 said...

If only one nation goes into a depression it won't effect us too severely. However, if many nations do it could. Just because we are pulling out of our recession doesn't mean all our problems are solved. If other nations slip into a recession we could also fall right back into one with them.

shawglenn4 said...

Yes I think it will get worse. I say this because everything gets worse before it gets better. I think the same thing will happen with Greece just like the U.S.

rrobinson4 said...

we are not as worse as the great depression

Search said...

There is always a way out of a rescession. The European Union just should make smart desisions to get Greece clear. If they do they wont have to go through worser things.

williamp said...

i think we are going to get out of this recession soon. And be able to deal with any more that occur. Because we now know what to expect. If i does happen and how we are dealing with it seems to work.

sean kelsey 6 said...

people just thinking that we are not in trouble with the money. some people don't care bout getting money for their economy. people also think that we don't think that we need to head to the round in the economy.the economy is just going down so we do need to go to the next round in our economy.

Akimbrough said...

I didn't know our economic difficulties affected many people outside our country, but i guess we do. People who keep comparing our recession to the depression arn't accurate, but soon things will start to even out.

k.j.dennis.7 said...

It is true that the entire world is tied together economically, and when one nation suffers, others will soon suffer as well. Countries should start getting their resources elsewhere in order to make sure or slow their economis problems from growing. Since Greece is suffering many other countries dependent on Greece are beginning to suffer but if they begin to put their resources elsewhere they can slow the problems that can result.

Madewell Toby 3rd said...

Greece and other Euros are getting higher interest rates. The economy is getting worse and worse each month, nothing can be any worse than it already is. Unless something really bizarre happens to the economy

K.Buckner6 said...

i just think everything is getting worse and worse. i really dont think that the economy is getting any where or actually getting worse because its already gone down the drain.

tim honchul6 said...

well its all so hard from the great depression with the gas going up is heard to get gas cause of how much it is

nsetters said...

Compared to the Great Depression, i think we are doing better. We still need improvement in our economy. I think we are improving little by little. With Greece going under I don't think it should affect the United States. I still think we should be concerned about it, because certain goods that we get from there, prices will be affected.

Adam™ said...

i think personally that if one nation is week then others will hurt. the US is the super power an alot of nations depend on us. so if we are hurting then others will. but i think we are getting better as a whole though. it wont be a straight shot to getting better, there will be some bumps but were getting there.

a.nichole2010 said...

I do not believe our standing could get any worse right now people are comparing our hard times to the great depression and its very worrisome. Americans need to learn how to manage our money. We need to learn to become more economical when shopping

NRawlins.5 said...

I think we are learning from the mistakes we have made in the past. Our country as a whole is improving.

triley6 said...

I think that we light weight have nothing going on. nothing is getting better.

ChinaMARi3 said...

I think it could be worse. But its good that both Americans and Europeans are trying to work together and figure out how to get out of this debt crisis. But at the same time, it makes it twice as hard for us.

teverhart4 said...

I think we need to go in there for the U.S. will be good.

DustinX4 said...

I don't think we are going into another round, I think people are just getting paranoid and need to calm down. Just live your life in a safe spending way and everything will be fine anyways, you don't need to buy a whole lot to live a life.

triley6 said...

forreal i think we are light weight is cause look whats going on in the world...