Post
Topic
Board Speculation
Re: Will the next economic crisis in the world instead cause financial inflows into
by
slaman29
on 09/07/2021, 10:06:48 UTC
I don't actually think so, or it'll be possible only in countries with a viable economy pre-pandemic, I think for countries that were already experiencing inflation and hyperinflation, coupled with a struggling economic situation, the pandemic only made their case worse and they would not be getting out of this mess anytime soon, for countries like the U.S or China, they would experience inflation no doubt, but I expect measures to be put in place to curtail it sooner rather than later, but the same can't be said of some developing and underdeveloped countries.


Which should negate most of the world's economies (which is why the majority of developing economies chose to ignore it because if they had just stopped imagine how bad their systems would crash).

It's unbelievable to see mega corporations and MNCs just go bankrupt after one month of not producing or working. Imagine how much more worse for poorer economies with less resilient structures?