Post by Eric Gajewski on Jan 26, 2018 6:48:42 GMT
TRADCATKNIGHT: ECONOMIC CRISIS: Economic Collapse Will Bring Starvation, Most Will Not Survive
Today’s economic and financial crisis originated in the rich world particularly in the USA. It has been called a financial meltdown, storm or credit crunch. Credit crunch is an economic condition in which investment capital is difficult to obtain. It meant that there was hardly any credit available for investors. Of course this condition is a chronic problem in poor countries and this is why when we speak about the current global financial crisis to a poor person, the question he or she will ask is “what crisis?” The poor, on the other hand, have been living in crisis for centuries. For the rich countries, it created panic and was seen as the worst in recent years and was compared to the 1930 great depression. In other words it was a big crash or a bust…
tradcatknight.blogspot.com/2018/01/economic-crisis-economic-collapse-will.html#more
Today’s economic and financial crisis originated in the rich world particularly in the USA. It has been called a financial meltdown, storm or credit crunch. Credit crunch is an economic condition in which investment capital is difficult to obtain. It meant that there was hardly any credit available for investors. Of course this condition is a chronic problem in poor countries and this is why when we speak about the current global financial crisis to a poor person, the question he or she will ask is “what crisis?” The poor, on the other hand, have been living in crisis for centuries. For the rich countries, it created panic and was seen as the worst in recent years and was compared to the 1930 great depression. In other words it was a big crash or a bust…
tradcatknight.blogspot.com/2018/01/economic-crisis-economic-collapse-will.html#more