Harry Dent: Market Crash Coming In 2-3 Years; Economy ... - The Road To Ruin: The Global Elite's Secret Plan For The Next Financial Crisis

Harry Dent: Market Crash Coming In 2-3 Years; Economy ... - The Next Financial Crisis

Table of ContentsHarry Dent: Market Crash Coming In 2-3 Years; Economy ... - How To Prepare For The Next Financial CrisisHow To Prepare For The Next Financial Crisis - Nomad Capitalist - The Road To Ruin: The Global Elites’ Secret Plan For The Next Financial Crisis

The U.S. economy's size makes it resistant. It is extremely not likely that even the most dire events would lead to a collapse. If the U.S. economy were to collapse, it would take place quickly, since the surprise factor is an one of the most likely reasons for a potential collapse. The signs of imminent failure are difficult for many people to see.economy nearly collapsed on September 16, 2008. That's the day the Reserve Main Fund "broke the buck" the worth of the fund's holdings dropped below $1 per share. Stressed investors withdrew billions from cash market accounts where organizations keep cash to money everyday 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 run out of food, and businesses would have been forced to close down. That's how close the U.S. economy came to a real collapseand how susceptible it is to another one. A U.S. economy collapse is not likely. When needed, the federal government can act rapidly to prevent an overall collapse.The Federal Deposit Insurance Corporation insures banks, so there is long shot of a banking collapse similar to that in the 1930s. The president can launch Strategic Oil Reserves to offset an oil embargo. Homeland Security can address a cyber danger. The U.S. armed force can react to a terrorist attack, transport blockage, or rioting and civic unrest.

The Next Financial Crisis May Be Coming Soon - Financial Times - Next Financial Crisis Is About To Emerge

These techniques may not protect versus the widespread and pervasive crises that may be triggered by climate change. One study estimates that a global average temperature increase of 4 degrees celsius would cost the U.S. economy 2% of GDP each year by 2080. (For recommendation, 5% of GDP is about $1 trillion.) The more the temperature increases, the greater the expenses climb.

economy collapses, you would likely lose access to credit. Banks would close. Need would outstrip supply of food, gas, and other requirements. If the collapse impacted city governments and utilities, then water and electrical power might no longer be offered. A U.S. economic collapse would create international panic. Demand for the dollar and U.S.