The World Hates Us

To be blunt, there are a lot of people out there who just blame the U.S. for everything. That doesn't mean the world hates us it just means they don't want to blame themselves and we're the most visible target.

The truth is, ironically, this is one of those unique situations where the U.S. would have fallen alone if the rest of the world had ignored what our irresponsible lenders were doing. This crisis, thus far, is limited entirely to the banking industry (other people are over reacting to it but the only industry that's actually faltering are the banks). Which means banks in Europe would be fine had they not (a) made the same mistakes and (b) bought up packages that contained loans they knew weren't solvent.

Yeah, uhm, not so much. We'd rather the world economy not implode and people are pretty friggin' scared here too. European stock markets have tanked as well. Things are connected, you see. Thanks for playing. (Flagged)

Pissing in the wind here, since this topic will stay alive for maybe another 10 minutes before it's deleted, but whoever wrote this isn't watching the news: in Europe, the regulations that kept i-banks and commercial banks at arms length here don't exist; many of the largest financials in Europe are cracking up as we speak.