Are Obama's economic policies about to bring down the world economy?

As much as I would like to, I can't blame little billy clinton either!! The collapse of world falls squarely on obama!!

Oh forget that!! Little billy clinton and obama are equally at fault!! Little billy clinton for his nafta and obama for not knowing economics or having an economic plan!!

It's not rocket science people!!!!! Billions around the world do it every day!!

"Can't blame Bush after 3 years of this crraap!"

Why don't you wake up once every decade or two and read a paper?

The world economy went off a cliff in 2008. It wasn't due to Bush. It wasn't due to Obama, in fact, by doing exactly what every other western government did, he helped postpone what is happening now. Bush would have done the same. The problem is, what was done (massive increase in the money supply) didn't fix anything, it postponed it.

You are now seeing the full effect starting. Why you are talking about Greece is puzzling, it is not even part of America but at least you have noticed it exists. There is another place not in America which is in trouble too, that is the People's Republic of China, which also has a pile of banks waiting to go bust - perhaps you could tell us all what that has to do with American presidents?

None of your politicians is in a position to fix the present crash. I used to work in a financial investment company, and used to laugh at the stuff investors came out with. They, blamed 'bad fund managers' or the latest guy they had heard on the radio, for world crises like the dot.com bubble or the credit crunch. It bothered me for a bit, till I started to just think of them as prey. Then I stopped worrying.

If you have money saved in stocks for a pension, kiss it goodbye. Find a park bench now. In years to come you can mutter about Obama or Ron Paul as you stand by your hat with a cardboard sign saying "will dance for money".

No because the American problems are not the main contributing factor to the EU debt crisis that will be the catalyst for a collapse of the global economy. No American president or government official will be. It is the socialist mixed economic systems that proved to be the fail in Greece. It has already fallen, it is about the default on debt now.

Obama's fail is domestic by underestimating the size of the recession and mismanagement of resources used to speed recovery. The true fault of the recession lies with both political party platforms and the American people who still refuse to accept the truth. You can't buy cheap widgets from China at Walmart and expect to keep high paying manufacturing jobs that drive wage growth for all industries. In 2000 one in four Americans worked in a factory today less than one in ten. If being banker didn't match the factory you could make a transition with ease forcing that industry to keep pace with wages. The average factory wage was $40,000 a year and today it is under $30,000. You can't borrow $275,000 for a house on an ARM loan if your total family income is under $50,000 a year.

You can't put two wars on credit cards and double spending in two years on domestic program like we did in 2000 to 2004. Obama is guilty for quite a bit of what caused this mess but it didn't come in his Presidency, it came via his votes in the Senate. As President he is overwhelmed and failing very badly showing the questions Clinton asked about his experience in the DNC primary was valid and McCain should have drilled that in the general election.

Ok, read closely. The last administration removed restrictions on Wall Street. They created mortgaged based stocks. The stocks were making money and the markets started to get into the free for all worldwide. Homes were sold with low mortgages for some time. Then the time came when the home buyers began to default. The stocks took a dive, everyone was losing their investments etc etc. Im so sorry but again it WAS Bushes fault. Live with it. Dont forget the war where billions were lost as well.

Obama doesn't have economic policies, the Federal Reserve's running that show. Come on Bill, you know this.

@ Jaime - The Gramm Leach Bliley act passed in 1999 and was signed by Clinton.

The world economy doesn't exist. Men cant control the economy so one nation doesn't break down. Economics doesn't work that way.

We're in worse...much worse shape then Europe.

China will be forced to decouple from our currency and the United States will collapse. The entire world wont collapse....just us.

IF we bail out Europe then we will sink with them. We need to pull back, cut free trade, pull troops from Europe stop giving support to all who have their hand out or we too shall collapse.

It wasn't Obama or even GWB. It was years of outsourcing that has weakened America.

Which policies?

No.