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RE: US likely to Avoid Recession Australia and Europe may not

in LeoFinance • last year

I think the entire world is already in a recession and anything that happens overseas will affect the US as well. After all, there are a ton of things imported and the stock markets are kind of linked to the other foreign markets.

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    A strong US dollar will see the US power a head and be able to compete on a global level, however weakened European currencies will reduce buying power with flow on effects on the US

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      It could but it would also mean that things are cheaper in the US. So it's more likely for people here to buy but I am not sure because the shipping prices might be going up.

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