The global economy is so interconnected and dependent on the US economy that if it were to fail it would cause global chaos. A contraction of growth by even a

The global economy is so interconnected and dependent on the US economy that if it were to fail it would cause global chaos. A contraction of growth by even a few percentage points will push most economies into a recession. Failure of the US economy will pull down other economies by a few percentage points. If this happened world wide there would be chaos.