That's what it says "substantially" in the first sentence of this article. The fact is that the the financial crisis started in the US, but the rest of the world invested in our mess. So they carry part of the blame for their current pain.
Geithner says crisis unprecedented in modern timesWASHINGTON (AP) -- Treasury Secretary Timothy Geithner said Wednesday the United States bears a substantial share of responsibility for a global economic crisis that could cost the world up to $4 trillion in lost output this year alone.
While the crisis started in the U.S., Geithner said its damage has spread widely with serious challenges facing much of the globe.
"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through," Geithner said in remarks to the Economic Club of Washington.
Read more on the financial crisis.
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