Is the USA heading towards an economic crisis ?
- Anonymous3 days ago
By the year 2022 yes. We will be prepared this time though.
- TedExLv 73 weeks ago
If you are a Democrat, a crash is just around the corner, If you are a Republican, the best is yet to come
- Anonymous1 month ago
Well of course, it ebbs and flows over time, that's the nature of economics. What we want is a nice slow increase in the economy, not this benign jumping up and then coming down like lead bricks, unfortunately, that's the way it goes.
The problem also is complicated by Trumps tariff wars, because we are in a global economy(whether we want to be or not) if nations see us as closing our economics to the rest of the world............the will align with other nations and just go around the U.S. and develop their own relationships, it may or may not include the U.S. Right now China has tripled the amount of business they have done in the Middle East and S. America, so China is already looking for other economic relationships as are the Europeans..................WE'LL SEE
- RayLv 61 month ago
Like with every country; yes but theill rebound
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- OiyLv 51 month ago
It's on the bubble and not reached the peak yet.
- ZirpLv 71 month ago
yes, it's kind of inherent in any capitalist situation. The rich will hoard the money until the rest doesn't have enough to keep up demand. When that happens stupid people will declare overproduction, and that will be addressed by massive lay-offs, which will cause demand to drop even further
- RobertLv 61 month ago
Absolutely. You can't borrow trillions and trillions and trillions and not cut spending. It all collapses at some point in time. And it will unless we start to control spending.
- yLv 71 month ago
Yes, it is the pattern, the cycle, what goes up must come down. When is the question that no one really knows the answer to, but another crash is always coming.
- PetterLv 71 month ago
The whole world probably is, without knowing it...