Nothing sarcastic, my questions are for knowledge/discussion, thanks for detailed reply :)
I agree the question was "affecting capitalist countries only", I probably mistook the question and thought of it as "banks bust in capitalist countries only".
I completely understand why countries trading with US (or other "bank-bust suffering economies") will also suffer.
haha, I refer to people who sorta blindly "invest" in a rising market as "gambler" instead of "investor". In Pakistan common man started to "invest" when markets were going up as "your money will get doubled in no time" and they started buying shares but when market tumbled they ransacked stock markets..... "investors" don't do that, gamblers do.
Thanks for your reply and no you are not dumb :)
but you are!