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Ramrod Hotshot posted:How would this crisis, if it happens, be different from the last one? Probably the biggest difference is that the global economy has made a "recovery" in name only since 2008, with nearly every country in the world doing worse in terms of GDP growth than their pre-2008 levels and not getting anywhere near back to where they once were. Only the United States has seen respectable recovery, but it's still well below historical averages. The lack of major profitable investment opportunities is going to be even more keenly felt this time around now that China is on the ropes. At least post-2008 had the seemingly endless Chinese Miracle to prop up investor hopes. Where are they going to put their money now?
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Jan 12, 2016 22:51
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| # ¿ May 22, 2024 09:42 |
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