Anonymous
Anonymous asked in Social ScienceEconomics · 1 month ago

Is the USA heading towards an economic crisis ?

8 Answers

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  • TedEx
    Lv 7
    2 weeks ago

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

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  • 1 month ago

    Well of course, it ebbs and flows over time, that's the nature of economics. What we want is a nice slow increase in the economy, not this benign jumping up and then coming down like lead bricks, unfortunately, that's the way it goes.

    The problem also is complicated by Trumps tariff wars, because we are in a global economy(whether we want to be or not) if nations see us as closing our economics to the rest of the world............the will align with other nations and just go around the U.S. and develop their own relationships, it may or may not include the U.S. Right now China has tripled the amount of business they have done in the Middle East and S. America, so China is already looking for other economic relationships as are the Europeans..................WE'LL SEE

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  • Ray
    Lv 6
    1 month ago

    Like with every country; yes but theill rebound

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  • Oiy
    Lv 5
    1 month ago

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

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  • Zirp
    Lv 7
    1 month 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

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  • Robert
    Lv 6
    1 month 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.

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  • y
    Lv 7
    1 month 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.

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  • Petter
    Lv 7
    1 month ago

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

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