My friends say a global economic collapse is imminent. Is this true and if so w

  1. gclitty profile image90
    gclittyposted 6 years ago

    My friends say a global economic collapse is imminent.  Is this true and if so when will it occur?

  2. SidKemp profile image94
    SidKempposted 6 years ago

    A global economic collapse is not a single event. I would suggest that it started in October 2007, and will continue for several more decades, at least. There will be ups and downs. At a global level, no one can predict when a big up or down will occur. But as long as the long-term issues are not addressed - and I don't think they can be in less than a century - we are all living in a slow global collapse. To see more thinking like this, please see my Hub, Welcome to the Fifth World.

 
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