The USA debt crisis

I’d like all of you to think about the recent debt crisis in the USA. What are some of the consequences of this for the the USA and the rest of the world? How does debt in the USA affect the rest of the world?

Perhaps most importantly, consider the kinds of GP essays where you could use this as an example. Think: Global Issues, Politics, Social Issues.

Useful links:

http://www.bbc.co.uk/news/world-us-canada-14367754

http://www.guardian.co.uk/world/2011/aug/02/house-representatives-passed-debt-bill

Advertisements