The 2008 crisis was directly related to homes foreclosure, the next crisis will probably not affect much real estate (apart from severe drops in certain places). People might not be expelled from their houses, but it is likely that we'll see an increase in misery (alcohol consumption/violence/drug abuse/etc).
A lot of countries have learned from subprime mortgages and will be more careful, even if America doesn't want it to happen again. Even Americans realize that without the guarantee of gold, even dollars can be very weak. Therefore, to avoid the 2008 crisis from recurring, the United States used several simulations including increasing its national gold reserves and also some information saying that the US would try to increase the price of gold so that it was commensurate with the dollar amount in circulation.
If the recession cannot be stopped in Q3 then many countries must prepare for potential depression. Reduced demand means decreased purchasing power due to the absence of income. Hope that chaos does not result from hungry stomachs.
What recession you are talking about?
the banks are printing money with money we can buy food and live good yes inflation will be hard the money purache power will be weak but then its just means people need to more work to keep up with the inflation.
if we have more money in circlation the consumers can buy more goods more services so the factories can start produce more goods...china can sell now even more everybody have more money and can buy more.
Recession means when no money in circlelation anymore!
