We’ve all lived through domestic recessions, so you know the hardships that come along with economic struggles. That’s why we’re lucky to be experiencing the relatively healthy economy of today in the United States.
But that may not be enough.
The last domino is poised to fall, and when it does, it could trigger a global recession in 2016 that would be uncharted territory for us all…
This is a topic of discussion that has grown more and more around the office here at Wall Street Informer recently. And that’s not a good thing.
The possibility for a worldwide recession isn’t just a possibility; it’s an actual destination we could end up at if certain things take place. Let’s take a look at the facts of the situation…
There’s been a recognized global slowdown, reaching from the Brazil’s of South America to the far east of China.
And speaking of China, which is one of the biggest and most important economies in the world, has been struggling mightily in relation to GDP and other economic statistics. This is a problem that can’t be fixed by small, gradual moves.
Russia has already made a turn for the worse, with big issues concerning energy and economic sanctions.
Europe has been on rocky terms. A cheap euro has helped exports, but the overriding sentiment that its momentum is decelerating is overshadowing everything else.
Plus, we’re experiencing the economic fortitude of emerging markets breaking down. This has actually formed a sort of global bubble that would have devastating affects if it were to burst violently.
So while everything is in relatively good condition here at home, we’re far from safe. Further international economic downturn could easily put a heavy enough strain on the US economy to make it fall back into a recession of sorts.
And as the final straw holding the worldwide economy together, any hit to this economy could be the beginning of a global recession…
