Will Europes failing Socialist economies drag down the American economy more than it already is?

It already has, but if the Euro fails, or a recession worsens the European economy, it will only make it harder for America to recover from the Obama Depression.

The US is being dragged down, but not by failing socialist economies. Look at Greece - there are two reasons they're in trouble

1. Goldman Sachs helped Greece mask their debt (capitalism)

http://www.spiegel.de/international/europe/0,1518,...

2. Massive fraud in the business sector and tax collection system (capitalism)

http://www.newyorker.com/talk/financial/2011/07/11...

Europe is hardly failing. Most of Europe has a better credit rating than the US. Most of the rest has the same rating, and was only downgraded to that recently, unlike the US. The minority like Greece and Italy are failing, but will hardly affect the US.

No.

And Europe has not really failed.

Most countries have gone out of the recession quite quickly.

The US has a $15 trillion debt.

Like the "failing" German, Dutch, Swedish and Swiss economies?

Yes. 9 EU countries were downgraded on Friday. Barnanke is already planning QE3 although our bonds will still likely be in big demand.

LOL!

The collapse of the US economy is what has dragged other countries down, silly little girl.

I am sure, and since the Fed announced more easing ( which hurts everyone's savings ) we will not see a big rebound soon. Except in the media. They will claim zero percent unemployment.

This being a global economy, it is hard to imagine the US avoiding collateral damage.

go back to china you communist people like you are messing up the america we had 40 years ago with your cheap slave labor all our jobs are being lost because of your asian countries you guys are nothing but savage animals that would work for anything