Business markets for some major corporations such as AT&T, Google, Cisco, and other communication corporations may be experiencing negative backlash from the consequences of the news that the NSA was secretly monitoring many foreign governments that are supposedly U.S. allies besides all American citizens this past year.
The importance of loyalty and trust in all relationships is paramount to fostering a relationship of mutual peaceful co-existence. One of the repercussions of the all of the incidents that have occurred under the present administration is one that does not foster trust among our allies. These repercussions translate into decreased income for U.S. corporations derived because of this lack of trust in U.S. statements and mis-statements by our executive branch.
The consequences of these actions directly affect the financial health of U.S. markets all over the world.
The main questions are how will these actions translate into the U.S. economic recovery for Americans as well as what is the long-term implication of having U.S. allies lose faith and trust in dealing with the U.S.?
Time will definitely tell...
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Saturday, December 28, 2013
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