The Global Economic Collapse Is Only One Event Away. Debt Crisis!
When you look at the markets today, you would think that there has been such strength. Such fantastic performance. Just like 95% of small time investors believe, it seems like we’re on a permanently high plateau. Hmmm..Where have I heard that one before? Anyway, the central banks will decide when to pull the plug and in that moment, everyone from millennials to boomers will be devastated.
Half of Americans are just one paycheck away from financial disaster - MarketWatch
https://www.marketwatch.com/story/half-of-americans-are-just-one-paycheck-away-from-financial-disaster-2019-05-16
Half of American families are living paycheck to paycheck - MarketWatch
https://www.marketwatch.com/story/half-of-americans-are-desperately-living-paycheck-to-paycheck-2017-04-04
Four in 10 can’t cover an emergency expense of $400, Fed survey finds - MarketWatch
https://www.marketwatch.com/story/four-in-ten-cant-cover-an-emergency-expense-of-400-fed-survey-finds-2018-05-22
Most Working Americans Would Face Economic Hardship If They Missed More than One Paycheck | NORC.org
http://www.norc.org/NewsEventsPublications/PressReleases/Pages/most-working-americans-would-face-economic-hardship-if-they-missed-more-than-one-paycheck.aspx
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Despite Labor Market Gains in 2018, There Were Only Modest Improvements in Families’ Ability to Meet Basic Needs | Urban Institute
https://www.urban.org/research/publication/despite-labor-market-gains-2018-there-were-only-modest-improvements-families-ability-meet-basic-needs
Schwab Modern Wealth Index Survey 2019 | About Schwab
https://www.aboutschwab.com/modernwealth2019
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170828_GBR_Savings2017_1920x1080_YOUNG-GENXERS-1.jpg (1921×1081)
170828_GBR_Savings2017_1920x1080_OLDER-GENXERS-1.jpg (1921×1081)
Rising Rents for Millennials Give Rise to a New Breed of Lender | realtor.com®
https://www.realtor.com/news/real-estate-news/rising-rents-for-millennials-give-rise-to-a-new-breed-of-lender/
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In which countries there could be debt crisis?
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The list that will not have a debt crisis may be a better way to see there the problems are. That list will only have 7 to 9 countries on it.
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