Blog 3

What do you think is happening with the stock market and the global economy? What is going to happen with the American election? Are either of these two current events connected? Predict the future: what is going to happen next?

The stock market is severely going down and this is not helping the economy. The stock market is not in a good place in this time period and it is affecting the people greatly in a negative way. Fears about the global economy slowing down is affecting the U.S economy by having people loose their jobs as well. This will result into majority of the people to spend less on things and that as well will affect real estate, car companies, and other similar companies. As you can see this all ties down into recession as a whole. The national debt affects everybody one way or another. Personally, I think the solution is to end the war because we cannot afford the war with the nation in debt. All these factors are causes from the war itself. Globally, it affects the other countries because we are borrowing a lot of money from other countries such as China. It would be better if we weren't dependent on other countries because we would not be in a national debt crisis. The American election plays a big part in the stock market and the global economy, because each candidate has a different solution on the national debt. McCain wants the war to continue and take the 700 billion bail out and stop giving money to organizations that he think are not important while Obama thinks that we can't afford the war and should pull the soldiers out and that will help solve the national debt. If McCain is president we will still be dependent on other countries and still continue to be in debt and on the other hand, if Obama will be President, he will slowly pull out the soldiers and as he promise, to not be dependent on other countries so we will not be in debt.