Re: Will the world Economy Collapse this year?

The economy is a collection of segmented markets. Some 'segments' within this collection may collapse, but will always build themselves back up again. The economy is a self cleansing and self healing mechanism.

Barring certain currencies, there has never been an instance in human history of a financial market that has crashed and then disappeared entirely. The tech market plunged in the early 2000's but rebounded... Between 1930 and 1970, gold lost a TREMENDOUS amount of value... but that market has also recovered.

The "world economy" is never going to "collapse" simply because there isn't a world economy... Just a collection of segmented markets that are designed to go through cycles

dont you think that some countries like the US for example are in big trouble compared to countries like the Uk and China?

China is in way more serious trouble than the US. It's estimated up 25% of housing is uninhabited, there are ghost cities that were built and nobody moved there. China is spending to try and pump the economy up, but they're spending without economic need, which is a recipe for disaster. Things are already starting to crumble, so they've starting massively interfering in the stock market by pumping stocks and arresting short sellers. These are the actions of a desperate country on the verge of major economic collapse.

Think they´re heading for the fate of Japan in 1989 when the stock and real estate markets crashed? Their stock market is still down 60% from that top. It has been lurching from one recession to the next and government debt is gigantic.