Do people think there'll come a new finical crisis soon?
@Matildee (5)
Denmark
5 responses
@saulgoodman (2643)
• Dundee, Scotland
6 Oct 16
Hello there and welcome to mylot.
I think that there is going to be another major financial crisis soon but I think it nay be upon us long before 2026. It may indeed be here by 2021.
I also think that we in the UK may gave a financial crisis of our own very soon in light of the Brexit vote.
It would be very naive to believe that any country losing its biggest single market would not have a crisis due to the instability caused by the process of losing one big market place for their goods and services andand my fear is that the UK will become a small isolated island that Europe will not deal with.
The EU have made it crystal clear that the UK can't cherry pick and that I am sure will cause investors and customers to go elsewhere.
This will devalue our currency and most likely increase inflation.
Our leaving the EU may also affect how we do business with China and other developing Asian markets.
But wait I hear you say
At least you will still have your very special relationship with America
2 people like this
@moffittjc (121586)
• Gainesville, Florida
9 Oct 16
I've heard a lot of talk that there could be one in 2017.
@CoolPeace (1566)
• Miami, Florida
7 Oct 16
I think we already in a financial crisis now and all other crisis. You see many business going down, cost of living going up and income level are low.
@amitkokiladitya (171927)
• Agra, India
7 Oct 16
Yes I think this might happen for sure...
The rising price for everything is indicating towards it
1 person likes this