The subject of the economic collapse of late become synonymous with leading media outlets clearly indicating an impending financial disaster evidenced by the worst stock market performance since the Great Depression in 1930. The poor performance in the stock market has been marked with increased volatility in stock prices and termed as the most unfavorable Christmas Eve in Wall Street. To make the economic situation even worse, most economic analyst including Mark Jolley is pessimistic that the situation will still get worse in the coming year as the situation is only at the first half of the global equity bear market.
The ailing economic situation has occurred within a brief period as in 2017; the stock market was at its best only to get worse in 2018 after the global economy took a new turn putting investors with their investments at stake. The financial crisis linked to the bear market is not only being witnessed in the US alone but in many stock markets across the globe which even started declining way before the situation was felt in the US.
It is certain that all Americans are currently worried about an impending economic collapse. Do you have what it takes to survive an economic collapse? If no, perhaps you have to develop measures that will help you survive an economic recess without much struggle. According to economic experts, there is a high possibility of an economic collapse in America than ever before thus calling for preparations to handle the situation effectively. But what exactly are you preparing for? In essence, you are bracing for an economic crash, and you would be among the 3 million preppers across the US.
The U.S economy is currently experiencing a debt bubble which can pop up anytime bringing the economy to its knees. Several sectors of the economy seem to be going wrong, a clear indication of an impending economic collapse. The banking sector, for instance, has since become risky attributed to snowballing debts which could lead to a sudden closure. The economic meltdown may be fatal in the US since the country has been living way above its limits for decades.