What happens when our economy collapses?
The middle class suffers the most. Those of us who work for a living. Not the poorest, who live off of Welfare, nor the Richest who live off of Dividends... rather those of us who work. Blue collar, White collar.... if you work for a living, you will suffer during times of Economic collapse. The Rich will take their money to countries that are doing well, and continue to make money. Only the government can work to raise minimum wages, which will raise the wages of every worker who works for more than minimum wage.... and according to the economic laws of Aggrigate Demand, the economy will thrive once again. i.e. When people have money to buy stuff, they buy stuff. Bill Gates would never have made his money off of Computer Systems if nobody could afford those systems. As corporations are a government entity (created as a safeguard for those unwilling to take the risks of a free-market) they must be regulated in a way that only the government can do. Here's a visual... Drive through a unregulated mountain...i.e. with no roads, and you'll have trouble. However, if the government builds a road, you can drive through that mountain with no trouble. Like it or not, the economy is the same. The government must design roads that work. So that people can drive them. (Entropreneurship)
What happens if a country loses a war?
Say country A loses against country B. What does country B do? Could it really possibly take over a country? FORCE people to live in a different way? Probably MILLIONS of people? Will they rape country A's women and take away people's homes and money? I know it probably depends on the circumstances of why the war started in the first place. What can I study to be able to conclude this? I don't know much about warfare but I feel like in centuries before that would happen, but what would happen now? There were a lot less people and warfare was way different too.
What would happen if NATO collapsed suddenly? What countries would be affected the most?
NATO really cannot collapse suddenly. Like the European Union, it is designed to be run by placid professional diplomats and bureaucrats. Any government that wanted to quit would just stop showing up for meetings and eventually disentangle itself from all the joint command arrangements in NATO.For NATO to “collapse” it would require some sort of factional divisions within NATO that would cause it to divide into components. There aren’t any of those right now, and there never have been any. Presumably something could come up in the future, but it would have to be some new issue that no one is discussing right now.In any event, a nation or two or three leaving NATO would effect nothing of import. The rest of the alliance would just keep showing up for work, exchanging intelligence data, planning anti-terrorism ops, and showing up for the scheduled training sessions.I am personally fond of the NATO Mountain Warfare Centre of Excellence in Slovenia. The scenery is awesome. I’d show up for training there even if my country quit NATO.
If your country’s economy collapsed how would you survive?
Guess What for millions of people especially The Poor and Middle-class Americans the economy has already collapsed thru 8 Year's of Agony Suffering thru Selfish Elitist Obama Govt where During Financial and Housing crises— Corrupt Obama and his Heartless sect of Treasury Tim Geithner gave 11 trillion dollars interest free to the Big Bank Bloodsuckers Like Bank of America who the Raped Millions Of innocent hard working Americans by Stealing their Homes with Super fast illegal foreclosures and also HSBC bank and Wachovia now owned by Wells Fargo and Bank of America also laundered billions of dollars in Mexican drug cartel money and when asked by Elizabeth Warren who was in Obama govt to Put in Prison these big Bank Bloodsuckers Corrupt Attorney General Eric holder refused and she was Forced out of the Obama govt months later this is the Crime of the Century against Millions of Middle class Americans Corruption at it's Highest level very Disgusting. At least during George W Bush Govt he gave Billions to some banks during Beginning of financial crisis but he also gave Millions of Middle class Americans who owned Homes Checks for the bailout my Ex wife and Myself receive a check for 1700 DOLLARS at least Bush has Feelings to Help Middle class Americans who owned Homes — Corrupt Heartless Obama govt gave the Middle class Americans who owned Homes NOTHING but Horror and Agony and Homelessness while he and his Elitist Selfish Greedy Bloodsuckers Tim Geithner and Eric holder and Hillary Clinton made themselves and their Selfish Elitist friends Super Wealthy millionaires.many millions of Americans of all Races and Religions are still suffering from this Diseaster.
What would happen after the collapse of the house market of a country?
After a number of years of home price appreciation of 25% per year, in 2006 the housing market hit a wall, and home prices descended 25% that year, a further 25% in 2007, and in subsequent years, even more.It sucked. Lots of people lost lost of money. But in the end, we recovered.Reality? Housing bubble happen routinely, if not with any seeming regularity. There was a post-war WWII bubble that burst in the 1960’s and 70’s when inflation took mortgage rates through the roof; I had a 12% mortgage in 1981.In the late 80’s the S&L debacle brought home prices down. In 1929, home prices began a long slide. Before that, the first “Great Depression” followed the Civil War, and home prices slid. Prior to that, the “Panic of 1837” destroyed the housing market, prices, and commercial real estate.Bubbles are routine, if not regular. We always recover.
What will happen to the world when China's economy collapses?
This is an interesting question calling for lots of speculation. Leading Hedge Fund Manager Jim Chanos described the bubble as - "They can’t afford to get off this heroin of property development," he claimed. "It's the only thing keeping the economic growth numbers growing.” A year on and the prominent China-watcher says the treadmill has only gotten “bigger and faster…than ever.” But not everyone agrees. The recent downturn is merely a “self-inflicted correction phase”, according to Nicole Wong, regional head of property research at CLSA Asia-Pacific. She described fears of a hard landing as a “misunderstanding of China’s property market. It's not a real market dominated by supply and demand, it’s dominated by the direction of government policy.” Fascinating how Communism works isn't it? So what on earth is their government up to? Personally it reminds me of the Space race between the USA and the USSR before the USSR went Bankrupt. all of this just to prove their economic growth is greater and greater. Insane. But so are we. We borrowed money from them and they just found a stash of Nuclear Weapons over there I understand. It will definitely cause a domino effect and as the Aussie guy pointed out if you don't have a highly diversified market, this crash will kill you. I think that China is very dependent on the USA for their exports so it really will not affect us as much as other countries that are not so diversified as the USA still is. China still is very much dependent on the world to buy her products from what I can see. They are like Santa at the North Pole for the USA lol
What are the chances that your house collapses after a big earthquake?
Entire books have been written on the this subject so all anyone on quora can do is give an overview.1: Where is your home?Right on top of the fault …..not a good place to be.A house built on top of a fault in New Zealand, notice the brick chimney is about ready to collapse. (most California faults are side slip faults)Is the home built on rock, solid soil, landfill or worst of all mud.The marina district in San Francisco is built on wet landfill and suffered far more than most places far closer to epicenter of the 1989 Loma Prieta Earthquake2: Then come the question of how big a quake, what is the duration and wave harmonics, how deep was the epicenter, deeper quakes produce less surface damage. Tall and short buildings act differently in different kinds of quakes.3: Then comes the design of the homeNotice all the parking on the first floor and only one diagonal brace in each framing section…this is called a soft story and buildings with this design have collapsed in several earthquakes, new buildings have to be built with more strength, older buildings in many at risk zone where required to be retrofitted with more bracing but if you don’t know you should find out or have the building inspected. Also notice the fallen bricks, each a deadly missile. New buildings with brickwork in earthquake zones need to have steel wires running though it to keep it in place in a quake.The real goal is having you house livable after a quake, the roads and bridges will need to be inspected after a quake so travel will be hard, better to stay home and live on canned food for a few days until the roads are cleared.Here is a government handout link that covers things like attaching you water heater to the wall and other things that can be done to improve your home’s chances in a quake.Welcome to Earthquake Country!