Post
Topic
Board Economics
Re: Crisis is Coming
by
xitrum
on 20/09/2018, 14:13:21 UTC
There is a global crisis among us, however the Republicans will not extend financial federal benefits to those who have been unemployed long-term. President Obama agreed to extend federal unemployment benefits, but they expired. Without money to put back into our community via retail markets, supermarkets, etc. we will get further in debt.

There are only a few countries in the world, I feel, that will not fall within a financial crisis. With the U.S. and its import problems, China with its expert problems, and the E.U. supporting people other than themselves, the finance of the world will crumble. With all the major players in debt, in your thoughts what would you think?
An economy will not easily collapse so. Just like the economic crisis of 2018, things will get better. Crisis begins when supply exceeds demand, everything will be balanced and banks or businesses that survive the crisis will thrive