Of course, expectations that another global economic collapse will happen among the general population are probably low right now, but the reality of the matter is that we are probably closer to a new one erupting than at any point since the last economic collapse and stock market crash in 2008. Since the last financial crisis, our long-term debt problems have just continued to grow, and there are many that believe that the next economic crisis will actually be far worse than what we experienced ten years ago. What is odd is the wars we fight, when diplomacy is cheaper than war and conflict. Not working through the United Nations and coalitions to solve world problems. Our addiction to oil has cost us more in budget expenditures than prices we pay at the gas pump. Why cut human capital maintenance in the form of Social Security, Medicare, Medicaid, Welfare to a Universal Income that would prevent homelessness which should happen to no one. Oh, but we do not have enough people paying into the system, well that is where immigration and not promoting population controls come in to build the domestic programs back up.
An economic collapse is essentially a severe version of an economic depression, where an economy is in complete distress for years, or possibly even decades. A total economic collapse is characterized by economic depression, civil unrest and highly increased poverty levels, something we are seeing today from greed and having no compassion for fellow human beings. The Great Depression in the United States is a prime example of an economic collapse. The 1929 stock market crash brought on a collapse that lasted for many years and saw high levels of poverty. Like the Fed and the President, tariffs were placed on many foreign products and the dollar was kept high by the Fed with interest rate hikes, something Trump wants to keep down and do away with all tariffs around the world, but trade wars are not the way to go. Well-known economist John Maynard Keynes claimed this was from the total lack of government involvement in the economy or the financial markets. Maybe an argument for the VAT and doing away with the income taxes. A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market,brung on by decades of population controls, anti immigration, protectionism, tariffs or keeping the dollar down long enough controlled by interest rates policies and income inequity. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles. A world consumer driven, free trade, no tariff, unsubsidized, supply and demand without over regulation is the right formula.
An economic collapse is essentially a severe version of an economic depression, where an economy is in complete distress for years, or possibly even decades. A total economic collapse is characterized by economic depression, civil unrest and highly increased poverty levels, something we are seeing today from greed and having no compassion for fellow human beings. The Great Depression in the United States is a prime example of an economic collapse. The 1929 stock market crash brought on a collapse that lasted for many years and saw high levels of poverty. Like the Fed and the President, tariffs were placed on many foreign products and the dollar was kept high by the Fed with interest rate hikes, something Trump wants to keep down and do away with all tariffs around the world, but trade wars are not the way to go. Well-known economist John Maynard Keynes claimed this was from the total lack of government involvement in the economy or the financial markets. Maybe an argument for the VAT and doing away with the income taxes. A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market,brung on by decades of population controls, anti immigration, protectionism, tariffs or keeping the dollar down long enough controlled by interest rates policies and income inequity. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles. A world consumer driven, free trade, no tariff, unsubsidized, supply and demand without over regulation is the right formula.
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