When the American economy sneezes,the rest of the world catches cold "explain"
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When the American economy sneezes, the rest of the world catches cold
- This is a very famous phrase and is nearly known to all, as we know that America is termed as the head of every nation so anything happening to America affects the whole world.
- Every nation tends to follow America due to which, if there is a slight reduction in the GDP of America, the GDP of the whole world falls.
Thus the phrase depicts America being the apex nation and every other nation follows its guidelines.
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