Bre Kelley, Chapter 9, Question 6

I thought the entry about recessions was interesting because recessions can spread easily across borders to different countries.  For example, if the US Economy weakens, than we buy fewer goods.  This can affect countries like Mexico, who send us more than 80 percent of its exports.  Even during the financial crisis of Wall Street spread to other countries.  America's GDP dropped to an annual rate of 5.4 percent in 2008 which lead to Singapore's economy dropping to 16 percent and Japan's dropping to 12 percent.  This idea is different than business or sports, in which your opponents misfortune is your gain.