Anonymous
Anonymous asked in Social ScienceEconomics · 9 months ago

Is the USA heading towards an economic crisis ?

8 Answers

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  • Anonymous
    7 months ago

    By the year 2022 yes. We will be prepared this time though.

  • TedEx
    Lv 7
    8 months ago

    If you are a Democrat, a crash is just around the corner, If you are a Republican, the best is yet to come

  • Ray
    Lv 6
    9 months ago

    Like with every country; yes but theill rebound

  • Oiy
    Lv 6
    9 months ago

    It's on the bubble and not reached the peak yet.

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  • Zirp
    Lv 7
    9 months ago

    yes, it's kind of inherent in any capitalist situation. The rich will hoard the money until the rest doesn't have enough to keep up demand. When that happens stupid people will declare overproduction, and that will be addressed by massive lay-offs, which will cause demand to drop even further

  • Robert
    Lv 7
    9 months ago

    Absolutely. You can't borrow trillions and trillions and trillions and not cut spending. It all collapses at some point in time. And it will unless we start to control spending.

  • y
    Lv 7
    9 months ago

    Yes, it is the pattern, the cycle, what goes up must come down. When is the question that no one really knows the answer to, but another crash is always coming.

  • Petter
    Lv 7
    9 months ago

    The whole world probably is, without knowing it...

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