The Next Financial Crisis May Be Coming Soon - Financial Times - Preparing For The Next Financial Crisis
Table of ContentsNext Financial Crisis (How And When It Will Happen According To ... - When Will The Next Financial Crisis OccurIt's Not About When The Next Economic Crisis Hits, It's About How ... - Next Big Financial Crisis
The U.S. economy's size makes it durable. It is extremely not likely that even the most alarming events would lead to a collapse. If the U.S. economy were to collapse, it would take place quickly, because the surprise aspect is an one of the likely reasons for a possible collapse. The signs of impending failure are hard for many people to see.economy almost collapsed on September 16, 2008. That's the day the Reserve Main Fund "broke the dollar" the value of the fund's holdings dropped below $1 per share. Stressed investors withdrew billions from money market accounts where companies keep money to money day-to-day operations. If withdrawals had actually gone on for even a week, and if the Fed and the U.S.Trucks would have stopped rolling, supermarket would have run out of food, and businesses would have been forced to shut down. That's how close the U.S. economy pertained to a real collapseand how susceptible it is to another one. A U.S. economy collapse is unlikely. When required, the government can act rapidly to prevent an overall collapse.The Federal Deposit Insurance Corporation guarantees banks, so there is little chance of a banking collapse comparable to that in the 1930s. The president can launch Strategic Oil Reserves to balance out an oil embargo. Homeland Security can resolve a cyber threat. The U.S. military can react to a terrorist attack, transportation stoppage, or rioting and civic discontent.
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