GET THE APP

..

Journal of Global Economics

ISSN: 2375-4389

Open Access

The Next Great Collapse 2020-2022

Abstract

Mohamad Abdulrahman Qutait

The world has witnessed several financial crises directly affected the economic growth rates and contributed to the impact of the main indicators of this growth starting from the Great Depression 1929 followed by the Second World War, the Bretton Woods crisis, October 1973 war, the 1987 and 1989 crisis, the Second Gulf War and the Asian Tigers crisis 1998 and the mortgage crisis 2005-2007. The study aims to establish the determinants and foundations of financial crises, as they are all similar in their timing almost every decade once and accompanied by an economic bubble in a particular sector of the economy such as the industrial sector in 1929, the oil industry 1973, the financial sector 1998 and the real estate sector 2008 and the end of the bubble the crisis occurs. What we are witnessing in the current year 2019 is the end of the economic cycle and a big bubble witnessed in the services and financial derivatives sector, where we can say that all crises centre on exchange rates and the lack of GDP development in proportion to the population, inflation rates, exchange rates, interest rates, stocks and the strength of Dollars as an intermediary currency for international exchanges.

PDF

Share this article

tempobet

tempobet giriş

tempobet giriş

süperbetin

tipobet yeni giriş adresi tipobet e yeni giriş tipobet güncel giriş adresi imajbet giriş adresi

mobilbahis giriş

arrow_upward arrow_upward