Since most americans are one missed paycheck away from homelessness I think it will be bad.
How badly do you think corona will effect the economy in america?
Not at all.
Money is more important than humans.
Money is more important than humans.
Trump bout to get us our freedom checks.
Pretty bad.
Many people seem to think that this is the trigger for the big one, the collapse that has been predicted for decades.
Also this crisis will question globalism and the world reliance on China for its cheap labour.
Problem is that it's not going to be possible to give up on this economic model without serious troubles.
If the stock market is any indication, it's really going to be pretty bad because the plunge is impressive.
Many people seem to think that this is the trigger for the big one, the collapse that has been predicted for decades.
Also this crisis will question globalism and the world reliance on China for its cheap labour.
Problem is that it's not going to be possible to give up on this economic model without serious troubles.
If the stock market is any indication, it's really going to be pretty bad because the plunge is impressive.
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Depends how long we will be under these social measures. If it’s as long as China or Korea’s, then pretty badly and there will be civil unrest.
It all depends on whether the government gives cash directly to citizens. This needs to happen soon.
In the absence of that, it will be horrendous.
Most Americans live paycheck to paycheck, so 2 weeks without work will throw financial markets into turmoil; missed payments will cause a ripple effect that devalues most of the financial instruments in existence.
A massive sell-off and a deflationary spiral will follow from there.
In the absence of that, it will be horrendous.
Most Americans live paycheck to paycheck, so 2 weeks without work will throw financial markets into turmoil; missed payments will cause a ripple effect that devalues most of the financial instruments in existence.
A massive sell-off and a deflationary spiral will follow from there.
I don't know
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