What the U.S. debt deal means for the global economy ? will effect on students who are going to study there ?

i need to know more information about US economy that will it effects students who are applying there??


i got a news that US govt is going to stop admitting indian students and not giving visa's ? is it true ?|||Yes, it means more higher inflation and cost of living.|||The impact on the U.S. economy, not to mention the global one, will be significant but delayed. In the short term, much will remain the same, as I have heard in the first year of the deal the spending level only goes down by 1%, hardly enough to notice. In the medium to long term, there may be a larger impact, but even that is uncertain, since Congress can always come back and change it's mind once other more immediate crises loom.





I don't believe that much should change for students already studying here, and I also doubt that the U.S. would reduce this in the longer run either. The U.S. education system is one of the most effective forms of outreach to the rest of the world that the government has, and it doesn't cause any resentment or desire for revenge, as some other ways of imposing our power on other countries does. Also, by drawing the most talented people in the world to itself, the U.S. helps to maintain it's technical superiority over other countries.





No one ever accused the U.S. government of being too bright, but the system that skims the cream of the crop internationally and puts them to work in the U.S. is too valuable even for them to mess with. No matter what gets passed in Congress, foreign students will still be allowed to study here.|||The thing is that though the U.S is in trouble we're still the strongest economy in the world.