Post
Topic
Board Economics
Re: Economy re-start 2020 in process 2025 crash
by
Juggy777
on 16/03/2020, 17:17:28 UTC
We will have economy re-start.
Loans will be cheap and Everybody even with Bad poor credit history will Get the loans Again.

Inflation will hit to sky!


But year 2025 Everything will be collapsed.

The Year 2025 is end of the USA dollar!


What is the background of such speculation? I agree with your initial statement where you said that inflation will be high and loans will be cheaper. We have already started seeing that trend and majority of the Central Banks are gearing up to reduce the basic lending rate. This situation is called stagflation. Ideally, when inflation is high, lending rate goes costlier to tackle it. But what is happening currently is called stagflation and it's not easy to get out of this scenario.

However, I don't get the background of your statement when you say that everything will collapse in 2025. What triggered such thought?

@avikz the initial part is correct as loans will indeed get cheaper, but I don’t expect defaulters to get loan that easily considering banks won’t like to give more loans to people who have already defaulted on their existing debts. Lastly the US part is absurd and the op has no proof to back his statement, except that he’s created a vivid imaginative scenario in his mind and now he’s believing it to be true.

Source:

https://www.vox.com/policy-and-politics/2020/3/15/21180834/fed-slashes-interest-rates-what-does-it-mean-mortgages