The Next Financial Crisis May Be Coming Soon - Financial Times - When Will The Next Financial Crisis Happen
The Next Financial Crisis May Be Coming Soon - Financial Times - When Is Next Financial Crisis
Table of ContentsHarry Dent: Market Crash Coming In 2-3 Years; Economy ... - When Is The Next Financial Crisis PredictedThe Next Financial Crisis May Be Coming Soon - Financial Times - Next Financial Crisis 2016
The U.S. economy's size makes it resistant. It is highly not likely that even the most alarming events would lead to a collapse. If the U.S. economy were to collapse, it would happen quickly, due to the fact that the surprise element is an among the most likely causes of a prospective collapse. The signs of imminent failure are difficult for many people to see.economy almost collapsed on September 16, 2008. That's the day the Reserve Main Fund "broke the dollar" the worth of the fund's holdings dropped below $1 per share. Panicked investors withdrew billions from money market accounts where companies keep cash to money day-to-day operations. If withdrawals had actually gone on for even a week, and if the Fed and the U.S.Trucks would have stopped rolling, supermarket would have lacked food, and services would have been required to shut down. That's how close the U.S. economy came to a real collapseand how vulnerable it is to another one. A U.S. economy collapse is unlikely. When necessary, the government can act rapidly to avoid an overall collapse.The Federal Deposit Insurance Corporation guarantees banks, so there is long shot of a banking collapse comparable to that in the 1930s. The president can launch Strategic Oil Reserves to balance out an oil embargo. Homeland Security can address a cyber danger. The U.S. military can respond to a terrorist attack, transportation blockage, or rioting and civic discontent.
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