Tuesday, 12 October 2010

Criticisms on the US

I found this article on of the views of Some countries within the United Nation. The criticisms that were made were based on the 'crumbling of US capitalism'. The President of Iran criticised America by saying 'The American empire is reaching the end of its road', the proof of this belongs with the economic crisis.
The president of Brazil criticised America by saying to the UN that all countries should not share the debts which stem from the greed hungry countries whom cannot afford to repay what they owe. This is aimed at the US borrowing and spending more than it repays, this statement criticises America by stating that they need to pay their own debts rather than rely on others to pay for them.
Argentina’s Pernonist president said that the world should no longer talk about the 'Tequila Effect' (the name given to the impact of the 1994 Mexican economy crisis on the south American Economy) that the world should talk about the 'Jazz Effect' coming from the centre of the worlds leading economy. This refers to the economic crisis America an the rest of the world are facing because of money being spent on “weapons, war, luxuries and totally superfluous and unnecessary things”.


http://www.timesonline.co.uk/tol/news/world/us_and_americas/article4827872.ece

No comments: