Financial Crisis-2018-19 Posts-Archive

Are we heading towards another financial crisis, maybe or maybe not. Here's a prediction:


https://economia.icaew.com/opinion/september-2018/are-we-heading-for-another-financial-crash

Here's why the next recession could be like no other:


https://www.businessinsider.com/next-recession-why-it-will-be-unlike-any-in-history-goldman-sachs-2019-2

Federal Reserve warns congress that the U.S. debt/deficit is raising faster than the economy. Powell says the "debt" is unsustainable and congress needs to do something:


https://www.businesstimes.com.sg/government-economy/federal-reserves-powell-urges-us-congress-to-focus-on-debt-deficit

Yes, it is assured that the US economy will collapse at some point (and, most likely, the whole western civilization will collapse with it), but the question is _when_?

Over the past few months, we have pulled back from the next recession, which was right at our door (even though it was probably a year away), and we are, for right now, gaining altitude. The ultimate crash could be years away (although I don't see how) and we need to plan for two things (at least), a disaster in the near future, and one that is still far off.