Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Second to Switzerland?

GENEVA – The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to a survey released Tuesday.

The U.S. is second ranked in a poll of over 13,000 business leaders conducted by the Geneva-based World Economic Forum, behind Switzerland. Singapore is third and Sweden comes forth.

"Given that the financial crisis originated in large part in the United States, it is hardly surprising that there has been a weakening of the assessment of its financial market sophistication," the survey said. "The country's greatest weakness continues to be related to its macroeconomic stability."

Switzerland has overtaken the U.S. because its economic performance has been "relatively stable," the survey said. Swiss financial markets have "weakened somewhat," it said, citing difficulties for banks.

Answer Question
 
sweet-a-kins

Asked by sweet-a-kins at 8:42 AM on Sep. 8, 2009 in Politics & Current Events

Level 34 (67,502 Credits)
Answers (17)
  • He's so quick that Obama, in only 9 months he managed to knock the U.S. out of it's Number 1 postion. Exactly what his agenda was, for the U.S. to no longer be a Super power in military or economics, this is what you voted for Sweet, I hope you are happy being responsible for the downfall. Good going!!!!!!!!!!!
    Anonymous

    Answer by Anonymous at 8:48 AM on Sep. 8, 2009

  • Is she reading what she is copying this morning? Or is she realizing the mistake she made in voting for the Azzhole in charge? I'm confused..................
    Anonymous

    Answer by Anonymous at 8:55 AM on Sep. 8, 2009

  • I have to wonder how much money (and interest) does Switzerland owe China that was spent on infrustructure, unemployment benefits, and to help organizations like ACORN?
    grlygrlz2

    Answer by grlygrlz2 at 8:56 AM on Sep. 8, 2009

  • He's so quick that Obama, in only 9 months he managed to knock the U.S. out of it's Number 1 postion.


    LOL..Obama did that???

    sweet-a-kins

    Answer by sweet-a-kins at 9:00 AM on Sep. 8, 2009

  • What is the date of the article? Who is the President at the time? Let's grow up a bit Sweet, he has to take some responsibility at some point, he's been in office almost 9 months. Stop pointing backwards and move on with your and his, programs of destruction. Hard to swallow I know, but, he is really ready to hand you some more, open wide or bend over baby.
    Anonymous

    Answer by Anonymous at 9:05 AM on Sep. 8, 2009

  • What is the date of the article? Who is the President at the time? Let's grow up a bit Sweet, he has to take some responsibility at some point, he's been in office almost 9 months.

    Its been 7 months AND it states WHEN and WHERE the financial crisis ORIGINATED..WHEN WAS THAT? and WHO was president? and guess what else, it isn't ONLY Bush...this has been coming for YEARS
    sweet-a-kins

    Answer by sweet-a-kins at 9:09 AM on Sep. 8, 2009

  • isn't ONLY Bush...this has been coming for YEARS
    **
    priot to Bush it was..............Clinton.
    And ok, it's been over 7 months, in 9 months when we are number 3 are you going to take responsibility then? Or are you going to cry..." it's only been 9 months".........?
    You're good!
    Anonymous

    Answer by Anonymous at 9:14 AM on Sep. 8, 2009

  • Obama inherited this spiraling downward mess. You'd be defending the President if he/she was Republican. Give me a break!
    momtokate

    Answer by momtokate at 9:40 AM on Sep. 8, 2009

  • isn't ONLY Bush...this has been coming for YEARS ** priot to Bush it was..............Clinton. And ok, it's been over 7 months, in 9 months when we are number 3 are you going to take responsibility then? Or are you going to cry..." it's only been 9 months".........? You're good!


    YEARS meaning for the past 30!!! Read something and get educated

    sweet-a-kins

    Answer by sweet-a-kins at 9:51 AM on Sep. 8, 2009


  • Its been 7 months AND it states WHEN and WHERE the financial crisis ORIGINATED..WHEN WAS THAT? and WHO was president? and guess what else, it isn't ONLY Bush...this has been coming for YEARS

    Very true our Congress was responsible for this as well and Obama was a member of the Congress that allowed Freddie and Fannie to go unchecked and just watched this all happen.
    Anonymous

    Answer by Anonymous at 9:59 AM on Sep. 8, 2009

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.
close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN