The end is near. I give it about two years because these systems seem to be more resilient than one would think.
The end is near. I give it about two years because these systems seem to be more resilient than one would think.
I'd give it 6-12 months actually. Credit runs out, consumer spending slows, layoffs start, it all cascades into a recession pretty quickly. And when the USA has a recession, the rest of the world gets dragged down with it.