Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.
Economic collapse
Economic collapse, also called economic meltdown, is any of a broad range of poor economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death rate and perhaps even a decline in population (such as in countries of the former USSR in the 1990s).[1][2][3] Often economic collapse is accompanied by social chaos, civil unrest and a breakdown of law and order.
- ^ Cite error: The named reference
Orlov2008was invoked but never defined (see the help page). - ^ Schiff, Peter; Downes, John (2011). Crash Proof 2.0: How to Profit From the Economic Collapse. ISBN 978-1-118-15200-3.
- ^ "'America will collapse', RT". 9 March 2009. Archived from the original on 13 December 2021 – via YouTube.
Previous Page Next Page
