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Nairaland Forum / Nairaland / General / Politics / Is It Bush Fault? (688 Views)
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Is It Bush Fault? by nawetin: 8:48pm On Dec 10, 2008 |
does it mean the invasion of Iraq and Afghanistan is causing the financial crisis in USA and the whole world. |
Re: Is It Bush Fault? by diggler(m): 9:31pm On Dec 10, 2008 |
The invasion of Iraq (Afghanistan had to be invaded post 9/11) is just a factor amongst a myriad of them responsible for the Global financial crisis. I would say both wars r responsible only for like 5% of the global wahala & maybe 25% of US issues. for actual causes of the crisis look towards Wall Street and their kangaroo financial shenanigans, Greedy commodities speculators and investors who over heated the markets ($147 oil price & other commodity price spikes). Americas Credit economy unsustainable Rapid growth of the Indian & Chinese Economy., etc etc Also do not discount U & I for whatever unsustainable practices (ecological, economic & co). |
Re: Is It Bush Fault? by Muza(m): 11:39pm On Dec 10, 2008 |
nawetin: i thought as much. how do u expect to be spending billions of dollars monthly since 2005 and there wudnt be repercussions. |
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