Post
Topic
Board Economics
Re: New recession is around the corner
by
Lakai01
on 02/05/2019, 12:06:16 UTC
The world economy is heading towards a massive collapse at a worrying pace. It can't be stopped.
I dont think that the world economy is but I am sure our financial system which is fully built on debts is. Banks cant go lower with interests anymore, as soon as the first critical state runs out of funds and wants to have their given loans payed back the system starts to collapse with an hyper inflation. Such an event in massively overdue, the last one was 1929 I think.