Global Recession?

Recent events have suggested that USA is going through a season of 'depression'. President stated in his speech that America is going through a period of tough time and more has to be done to help the people. What is good is that there are plans being implemented to help the Americans to get back to their feet. Look at what happened to USA for the past twenty years. You saw hurricans, tornados and floods swept through American lands. What is important is that the president should shower his people with more help. We do not want to make America a land solely for the rich, right? It should be the land for its citizens. We do not want the rich to get richer and the poor, getting poorer as the day goes by.

Perhaps the Americans should start taking up steps to revive the economy, let alone the outsiders. The Americans are smart and they have the resources. They will be able to solve the problems but they need to take the action fast. There is a possibility that the American economy can just by pass deep depression, well into opression and just proceed to recovery stage.

We need the Americans because their economy is strong for the past few decades. What is important now is that the American economy will be the focus point for another decade. Usually the American economy will affect other countries' economy.

George Soros stated recently that the boom for the past 60 years in USA is gone. We can help to revive the economy. Now, people with loads of money will try to buy up struggling companies and then sell it during good times.