worldwide stock market drop?

I just want your opinions. This is for a class.

Explain

last week, there was a worldwide stock market defecit that rocked the entire world economy.
As for the class, I'm taking a class called Political Radicalism

Dude I'm from the US. The economy sucks period here lol

I think he knows. Last time I check art lived here xD

Ben 'Jamin wrote:I think he knows. Last time I check art lived here xD

Yes I do Ben. Specifically I live in Ohio. This topic has to do with your opinions about how it happened. The deregulation of the banks and overall greed have to do with it. Now please do your own research?

I didnt know where you lived. Used to live in Ohio actually. Anyways the economy has been in a downward trend for years. In fact based on our current government spending vs GDP some economist project the collapse of the US in less than 15 years if not sooner. As a country we have a GDP of about $13 trillion. The government spends almost 15 trillion a year if not more (these figures are from 2009). These problems are only based on our economy not the world's. So maybe not on a world scale but I have done some research as you put it Art.