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Can you answer this, Leaving your own interests to one side?
Flight2quality
Posts: 365 Forumite
We all have vested interests, but how do you see the most likely end to the global economic crisis?
Is it possible to still have a soft landing and carry on with the same monetary system, or are we past the point of no return?
Is it possible to still have a soft landing and carry on with the same monetary system, or are we past the point of no return?
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Comments
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Flight2quality wrote: »We all have vested interests, but how do you see the most likely end to the global economic crisis?
Is it possible to still have a soft landing and carry on with the same monetary system, or are we past the point of no return?
Very similar to this thread:-
Leaving your own interests to one side, can you answer this?
https://forums.moneysavingexpert.com/discussion/3655063I used to have a signature but it disappeared and I just couldn't be bothered writing another, so please feel free to ignore this.0 -
Maybe we will all have to use silver? That would solve it.0
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A long, slow decline in living standards is the way we're going IMO.
Rent seeking through multiple property ownership actually seems a good way of maintaining a standard of living above the majority who either rent or own just a single property.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Turnbull2000 wrote: »A long, slow decline in living standards is the way we're going IMO.
Rent seeking through multiple property ownership actually seems a good way of maintaining a standard of living above the majority who either rent or own just a single property.
So lets get this right, your sisters still buying and you're still renting?0 -
Flight2quality wrote: »We all have vested interests, but how do you see the most likely end to the global economic crisis?
A mix of inflation and economic growth. Money moving from unproductive assets like gold and silver into income generating companies.
The Chinese will rebalance their economy so that don't get caught in the Catch 22 situation of having to lend money to a country who is determined not to pay it back just so the indebted country can continue buying Chinese tat.
A growing realisation that 'global' means global rather than 'western' will mean more people will take a good look at the bigger picture.0
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