Economic Collapse

One of the most known economic collapses in history was the Great Depression. What led up to this was a plethora of political financial problems, wars deficits and famines. The U.S right now is teetering on the threshold of another recession. New restrictions on offshore oil and CO2 emissions, have hit the markets hard and has been indicated. What could help our economy would be another big innovation but the issue with that is that foreign countries can make it cheaper so by sending more jobs to Asia and China we lose those jobs here in America.

http://www.foxnews.com/opinion/2012/07/23/coming-economic-collapse.html

https://en.wikipedia.org/wiki/Economic_collapse

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s