Why are foreign markets getting hit harder?

[smsnead2]

Can someone explain to me why this credit crisis that originated in the US is affecting other markets even harder than ours? I would think it would impact us to a much greater extent? Have we outsourced more of the problem overseas? This confuses me and I would appreciate opinions on this...

 

[freelance]

Can someone explain to me why this credit crisis that originated in the US is affecting other markets even harder than ours? I would think it would impact us to a much greater extent? Have we outsourced more of the problem overseas? This confuses me and I would appreciate opinions on this...

Here's one clue.

http://www.shanghaidaily.com/article/?id=377221&type=Business

I just read another article about India being in trouble.

http://economictimes.indiatimes.com...nks_hirers_in_trouble/articleshow/3606983.cms

Both of these articles show that other countries are dependent on our addiction to consumerism, and now that it's falling off, it seems that the folks up the food chain are getting hit hard.