Next Global Economic Collapse | Worse Than the 2007/8 Crash | Brace Yourself
The pause for the next global economic collapse is over. Major currencies all over the world are in a “fatal spiral”. Many major stock markets are crashing, and economic transactions are beginning to decline at a striking high rate as being witnessed in many nations.
Over the past sixteen years, the developing nations debt bubble has grown from 9 trillion US Dollars to 63 trillion US Dollars. These figures are shocking and on the rise without any sign of reversal. On one hand the debt bubble in the developing nations is imploding, and on the other hand the their currencies are losing value rapidly. This appears to be the recipe for a complete meltdown. In fact, the currencies of at least 20 nations have fallen by double-digit percentages against the U.S. dollar in the first 9 months of 2018, and no one seems to have a clear explanation, and nobody is in a position predict what is going to follow. All we are hearing from the experts are sounds that seem to suggest an upcoming event called the next global economic collapse.
The financial catastrophe has overwhelmed countries across the globe — from economies in South America, to Turkey, South Africa and some of the bigger emerging powers in Asia, such as India and even China. Many of these nations are seeing their currencies decline to record levels. Many of these countries are also riddled with high inflation, unemployment, and in some cases, mounting tensions with the United States.
Most Americans are living in the fantasy that the US economy is growing stronger as the stock markets and the US Dollar are not showing any sign of weakness at this point. What the layman fails to see is that the economic collapse is underway and the start has been with weaker nations, but ultimately the entire global financial system is going to feel the tremors.
Has the world reached a major turning point with this impending next global economic collapse?
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Sources: Fully Maniac on Youtube
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