How Much comes through again with its take on economic collapses beginning way back when. The elements of collapse is multi faceted as seen by the HM listing seen below. Check this out as this may be where the world's heading given just how much debt the world has incurred over the past 50 years, not to mention the spectre of climate change, environmental degradation and resource/population overshoot as additional prime drives of potentially making this a grim reality to civilization in its entirety as we move further into the 21st century.
- Fiscal: inability of the government to finance its regular activities
- Credit: reduction in the general availability and accessibility of loans
- Financial: value of financial institutions or assets suddenly drop
- Currency: doubt as to whether a country’s central bank has enough reserves to maintain the country’s fixed exchange rate
- Economic: country experiences sudden downturn brought on by a financial crisis
- Hyperinflation: extremely rapid period of inflation, usually caused by fast printing of money
- Supply Side Shock: unexpected event that changes supply of product, resulting in a sudden change in price
- Speculative Bubble: spike in asset value with a particular industry caused by exaggerated expectations of future growth
- Stock Market Crash: sudden decline of stock prices across a large part of the market
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