Is the global economy melt-down the USA's fault?

		Is the global economy melt-down the USA's fault?
		1 point by modoc on Oct 27, 2008 \| hide \| past \| favorite \| 1 comment

		I've been reading about all the world-wide markets taking a nose-dive and I'm wondering: Is this all fall-out from our (USA's) sub-prime/credit collapse, or were these other countries also making the same mistakes? Did we tank not only our economy but the whole world's? Or did everyone shoot themselves in the foot at the same time?

smoody on Oct 27, 2008 [–]

Search for articles about the collapse of Iceland's financial markets for a partial answer to your question.