An economic crisis can begin in a number of ways, but it is often the result of a financial crisis. A financial crisis occurs when there is a sudden drop in the value of financial assets, such as stocks and bonds, leading to a decline in liquidity and a loss of investor confidence. This can happen due to a variety of factors, such as a sudden increase in interest rates, a sharp decline in property or stock market prices, or a widespread loss of confidence in the economy.
One example of an economic crisis is the Great Depression, which began in 1929 and lasted for more than a decade. The Great Depression was triggered by a series of events, including the stock market crash of 1929, a sharp decline in international trade, and widespread bank failures. The government’s response, which included raising interest rates and tightening credit, only made the situation worse and led to widespread unemployment and economic hardship.
In a famous quote, economist John Maynard Keynes described the economic conditions of the Great Depression as a ”dark and dismal” time, and argued that government intervention was necessary to address the crisis. He said, ”The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.”
Om jag backar bandet 30 år så hade min mamma 14.000:- i pension, efter 20-25 års jobb, och det bör motsvara minst det dubbla idag; 28.000:- efter skatt, och idag är den lägsta pensionen 9700:- .
Pensionärerna åkte alltså för länge sen; nu är det medelklassen som ska krossas. Detta för att de snällt ska krypa in i fabriker där de ska tillverka svenska skor, svenska möbler, svenska bestick = nationalism.
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