A real economic disaster is brewing in the United States.
This was stated by economist Mikhail Khazin, according to the DEITA.RU news agency with reference to Solovyov Live.
According to him, the main danger threatening the American economy is a serious excess of consumption over production. As the expert explained, the United States has been printing unsecured money for many years and putting it into free circulation.
However, the rate of production of goods does not follow the work of the printing press. As a result, inflation is rising rapidly in the country. At the same time, a huge amount of money goes on the exchange, because in the real sector of the economy it is impossible to earn a proportional margin on investments.
In the end, the economy develops a huge disproportion between financial assets and physical products against a background of excess monetary glut. Such a situation will certainly lead the United States to disaster, predicts Khazin. States will no longer be able to avoid it.
“When the stock market bubble bursts, huge amounts of US assets will simply depreciate. People will find themselves without their retirement savings and without the possibility of taking out a new loan to pay off the previous one. For the United States, it will be a disaster,” explained the expert.
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