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by AstralStorm
2368 days ago
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US is extraordinarily import based while having remote businesses. That makes it very global impact. Any failure in the USA will be felt by those offshore businesses causing effects on the related economies. Some are more resilient to this than others. It depends on how healthy is the internal manufacturing. E.g. a China crash would also have a similar impact nowadays because the offshore businesses would have problems, but has not happened yet. |
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