While Europe struggles to keep Greece’s battered economy from dragging down other nations on the continent, 79% of Americans are at least somewhat concerned that Europe’s financial crisis will cause economic problems in the United States. That includes 38% who are Very Concerned.
A new Rasmussen Reports national telephone survey shows that just 16% of U.S. Adults are not very or not at all concerned that Europe’s economic crisis will cause problems here at home.
Investors are slightly more concerned than non-investors.
As part of the international rescue response, the U.S. government is planning to provide up to $8 billion in loans intended to help stabilize the Greek economy. Only 20% of Americans, however, are in favor of the U.S. government providing loans for such a purpose.
Sixty-three percent (63%) are opposed to U.S. government loans to help stabilize the Greek economy. Another 17% are undecided.
Remember when the “global market” was a good thing? Now that our dollar is tied together with the other “global currencies” is sure to impact our currency, but no one is saying how and how much. Since the Federal Reserve is transferring over a billion dollars in an attempt to stabilize the Euro, it could be devastating.
Most financial advisers outside of Obama’s Wall Street gang are recommending investments in gold, silver and even food seeds as a barter currency in times ahead. Food seeds are probably the safest and most cost-effective means of support in any upcoming crisis, though you should look for non-modified food seeds from which you can extract seed for future farming.
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