economic crisis Archives - munKNEE.com
Thursday , 3 December 2020

Tag Archives: economic crisis

The 5 Stages of Collapse: Financial, Commercial, Political, Social & Cultural – Where is the U.S. Now? (+20K Views)

Having given a lot of thought to both the differences and the similarities between Russia and the U.S. - the one that has collapsed already, and the one that is collapsing as I write this - I feel ready...to define five stages of collapse to serve as mental milestones as we gauge our own collapse-preparedness and see what can be done to improve it. Words: 2500

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U.S.’s Runaway Financial Train is About to Destroy the Status Quo (4K Views)

People riding a runaway train can party and remain oblivious to the fact that the train is about to crash into a huge obstacle. Our runaway financial train is about to destroy the status quo as it crashes into the obstacle of mathematical consequences – the inevitable financial train wreck. “If something cannot go on forever, it will stop.” [Let me explain.] Words: 974

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Venezuela Default Looms: Will China Save It?

Economic activity in Venezuela will fall 10% in 2016 – not 8% as previously stated - according to the IMF. General Mills, Bridgestone, Coca-Cola, Kimberly-Clark, Aeromexico, Lufthansa and LATAM Airlines have all suspended operations there in the past year. Upcoming debt payments are significant, and the country will most likely default as early as November of this year and no later than April of next year. International reserves are simply insufficient at a time when oil production declines and the economy contracts. Two questions in the air: Will China save Venezuela? Will it demand Maduro step down?

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An Economic Crash Seems Likely This Year – Here’s Why

Dozens (dare I say hundreds?) of "analysts" (should I say alarmists?) are convinced that the U.S. economy (and that of the world for that matter) is going to hell in a hand basket - and soon. How sound are their analyses of the current economic situation? Will they be proven to be very insightful or nothing less than fear mongers looking for attention? Their views are all here. You be the judge.

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