US represents about 30% of the total world income. When US citizens stop/slow buying world sales slow. Blaming the US which represents the worlds best customer because they have stopped spending is rather silly.

If the various world economies want to reduce the risk of the US customer "failure" to purchase their goods, I suggest they develop an economy based on domestic consumption. If they don't, they will always be subject to catching a cold every time the US economy sneezes. Japan, the worlds number 2 economy, is a prime example of a country which has failed to develop a domestic market to sustain their economy. Japan is and will pay a big price for their failure.

The noodle lady down the street has seen a decrease in business lately. Instead of blaming her customers she is now selling larger portions at lower prices than before. End result, her sales are back up but her profits are somewhat less.

Maybe some of those big corporations doing the most whining about the US customer buying habits should hire her rather than asking their governments to bail them out.