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Economical crisis in the US

Discussion in 'Archives' started by Damien0124, Sep 26, 2007.

  1. Damien0124

    Damien0124 Guru
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    Economical crisis in the US

    There is currently an economical crisis in the US, about loans, morgages (dunno how to write, but its a load to buy a house) etc.
    It has affected the dollar, so it dropped to almost 1.41 per euro, and the value of stocks of several companies have dropped extremely. Alot of companies are now out of business.
    I don't think it will affect Europe in an extreme way, because we aren't really dependend of the US. The Dutch economy is still growing, and people have more confidence in our goverment and economy. And so is the rest of Europe.

    What do you think of the crisis in the US?
     
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