An economic collapse is said to surface in case of a complete breakdown of the regional, territorial and national economic machinery.When governments cannot sell their debt in the open market, it makes it impossible for them to continue operations without some sort of turmoil or disturbance.The unemployment rate in the US is increasing rapidly and the US Dollar value has gone down. The National Debt has sky rocketed and so eventually the US Government will be unable to pay the National Debt interest.As the U.S. dollar weakens and the price of goods such as petrol, gold, grains rise, many of us fear for the economic stability of the country.Few of the instances in history which have been considered as major events considering the global economics can be referred for a better understanding of an economic collapse.More Here...
This comment has been removed by a blog administrator.
ReplyDeleteUS economy is growing. No collapse.
ReplyDeleteread that bond outflows are high, interesting. and if CDS are no good then yields will increase. Italy's went up fairly high today. high yields won't help. what's up with the strong run to the yen? if all's well why is that going on? alot going on behind the scene's, positioning and stuff, time will tell.
ReplyDeleteYou are right, our economy is going to collapse.
ReplyDelete