Will the Euro eventually collapse and it's usage be discontinued?
Well to be serious about it -- Europe is facing a very serious crisis now, and it's impossible to predict what will happen. Pundits and investors and economists and journalists all over Europe and the US are watching and furiously debating what might happen. The problem is that the situation in the EU is totally unprecedented, and the leadership in the EU has proved to be horribly, absurdly incompetent at a time when they need real decisive leadership. The EU as it exists -- including such disparate countries as Germany and Greece -- is surely not sustainable, and the framework upon which the Euro currency regime was created has proved to be fatally flawed. Even now the European leadership is desperately working to find a way just to put a Band Aid on the wound and muddle through the immediate crisis ... no one anywhere is suggesting anything like a real solution to the embedded problems. A good guess now is that the Eurozone will split up, with countries like Greece and Spain ejected from the common currency and going back to their old currencies, but a handful of countries like Germany and the Netherlands remaining in the Euro. However none of the European leadership are admitting to this possibility - they're all just saying the consequences of splitting the Euro are too terrible to contemplate, so they DON'T contemplate it. So rather that plan intelligently, they're burying their heads in the sand and they'll just wait to get blindsided. The consequences may be something like what happened when Lehman failed in 2008. Which is -- a sudden severe threat to the entire financial system (Europe and possibly US), with the government and central banks having to step in and lend money like crazy to banks and financial firms to get everyone through the crisis. The problem is that while the US can and will do what's necessary for the US, it's likely the Europeans will simply seize up like a deer in headlights. Again, their leaders are absolutely terrible, and since the "EU" is not an actual country with unified lines of authority, in a crises they'll very likely just fall to bickering and finger-pointing and claiming they can't do anything. It's hard to predict what happens if that's the case but it will probably end up with the US rescuing Europe. Once again.
Will the Euro eventually collapse?
whilst one financial equipment has a disaster and it outcomes yet another, this is stated as contagion. Contagion for the U. S. would be important if the Eurozone have been to interrupt down. it fairly is because of the fact a great selection human beings banks and traders have a great style of money tied up in Eurobonds, if the Euro collapses, it purely isn't good for those investments (think of of this in a greater own way- you're making a great style of money and prefer to place it someplace risk-free, so which you place it in a financial employer. That financial employer collapses, not right for you). Now to the greater prescient question, WILL the Euro crumple. i don't think of so. As undesirable as a Eurozone crumple would be for the international financial equipment, it would be 10x worse for international locations like France and Germany. as long because of the fact the international locations be able to maintain the Euro, they are going to. of direction, examining the information makes each and every physique progressively greater uncertain that the disaster may well be resolved, so what can the U. S. do? the main valuable component it ought to do would be to purchase greater Eurobonds, yet this additionally makes the U. S. progressively greater susceptible if the Euro does crumple. different than this, there is not too lots of value that the U. S. can do. Obama can go over and tell them to get their act mutually (as he did those days), yet that's consistent with probability not likely to do something to help the region. So welcome to between the super issues of having a very interconnected financial equipment, yet a very autonomous political equipment. mutually as we are very lots reliant upon Europe's financial well being for our very own financial well being, we've genuinely no political impression over who gets elected in Europe, and who makes their financial judgements.
Will the USA eventually collapse?
You should do research before you make claims like this. US debt is not that bad, its about $46k per US citizen, or about 1/6th what the average American spends on their child before they go to college. Its also about 1/4th the average debt that a family gets into when it buys a house. If this was a mortgage, at the interest rates the US government pays, it would be a mere $275 a month. Seeing as the average mortgage is $1500, I dont see the country collapsing because of this amount of debt. In fact, there are countries with ten times the debt per person, and they still have not collapsed. Oh, and only 25% of the debt is owned by foreign sources, compared to 15% in 1988. Its not nearly as bad as Fox news wants you to believe. Just as another example, you dont see countries like Zimbabwe collapsing, why would the world's most powerful country? It takes a lot to collapse, like brutalizing your people for 73 years. If it took 73 years for the Soviet Union to collapse, dont you think a $275 monthly tax is going to kill the US?
Throughout the history of the world, empires fall for two primary reasons:Too much debtMilitary overstretch (which is often the cause of problem #1 listed above)Read Paul Kennedy’s “The Rise and Fall of the Great Powers” for some excellent historical examples.I have written two books on the historical patterns that almost every great empire goes through before it finally collapses, or just fades from grace, and that power passes to some other nation or nations. You can find the titles in my bio.The US is currently going through what I call a “secondary crisis” period the type of which occurs once every 500 years or so. The last time such a period occurred was during the Protestant Reformation which, ironically, occurred just after the invention of the printing press by Gutenberg. This was a technological moment roughly comparable to the introduction of the internet today. But it foreshadowed a very turbulent political and economic period in the decades that followed that resulted in the mantle of dominant “Great Power” in the West shifting from one country to another every century or so.This secondary crisis period appears to have begun with the election of Donald Trump and typically lasts for 40 to 55 years. When this has happened in the past the very foundations of the dominant Empire of the time are tested and sometimes they fall apart.The US is in a period now that will likely determine whether or not it is able to maintain its position as the world’s dominant economic and military power. And, unfortunately, if present trends continue, the future does not look favorable in that regard.In fact, the same general trend applies to Europe as well and any other country that is currently allied with the West. It is the East that appears to now be on the rise, China in particular, and likely to be the country that takes the title of the next “Great Power” in the world. But it may not be just China. It could be a coalition of Eastern powers that steps to the forefront. Or dominance could shift from one nation to another much as it did in Europe at the beginning of the last cyclical turn.But when this crisis period passes, the world is likely to experience a new renaissance period that will last for more than a century before things start to turn again.Whether the US is the leader of that future renaissance or not is the question that will be determined over the next few decades.
Will my floorboards get damaged and eventually collapse?
Most houses have timber floor framing - on all floors but the basement. There are a variety of things that can cause problems, but they probably aren't happening here. The first and most important question that needs to be asked here is, was the house built by reputable, licensed contractors, following all applicable building codes? If so, you're done reading here, the house is very young and shouldn't experience any problems, you're being paranoid. Do your shower pipes/drains leak? If no, why would you worry? If yes, why have you not had them fixed? Why are pipes leaking in a 5 year old house to begin with? Water doesn't rot wood. Long-term exposure to water does create a friendly environment for fungus, which is what rots woods. In your cousin's situation, was the house older? Improperly built? Exposed to problems that deteriorated the timber for a very long time? If the house has 2 upstairs bathrooms, the flooring system was designed to handle it. Have you ever been into the framing of the house, inside the insulation, to look and see how it was built? Do you know how good timber actually is as a construction material? There are timber bridges in service in the United States right now, with tractor trailers driving over them - they are exposed to water every day. And they support traffic, not some upstairs shower in a house. The point is, you shouldn't be scared without a reason. If you have no reason to believe there is a problem, trust the professionals who designed and built the house. If you do believe there is a problem, get in there and look, and if you find one, have it fixed!
Will the US economy eventually lead to the country's collapse?
Possibly, tho not just the economy. There has always been a severe social divide here in America between the "haves and the have not’s" that has been smoothed over and confounded with illusions, so that the lower class would remain complacent and lack the will to "rise up" and TAKE their due from our government. However with inflation so high and those who were on the bottom rungs struggling to even keep a grip in this country, the lines are being revealed and the illusions are falling apart. Our government is beginning to be revealed as the Plutocracy or Corporatocracy that it has been for a long time, and that may be enough to bring us down.
Will the United States of America eventually collapse like Rome?
You have to remember that America is still very young, But nevertheless American will fall, For there are still a lot of Bushes out there even if their family name is not spelled Bush................... Also we will fall because many of the men that signed the American Constitution were slave holders, Which means that most signers of the American Constitution did not believe in the Constitution that they added their names too................. So how can a country that believes in slavery really survives the truth of their own false beliefs.....................
Yes, absolutely.We are already seeing capitalism beginning to cannibalise itself.House GOP plan would cut Medicare, Social Security to balance the budgetWhat is needed for capitalism to thrive?The conditions necessary for accumulating capital on the scale required by the enormous amount of wealth available for investment and conditions that are conducive to the selling of all of the rapidly growing amounts of finished goods.Today, there are simply not enough profitable investments in the production and distribution of goods, given the gigantic sums seeking such investments. Just look at the type of investments being dreamed up on Wall Street to satisfy this need. (the derivatives driven crash of 2008)Nor are there enough people with the purchasing power to buy the mountain of goods that have already been produced. The gap between the net worth of the top 1% and the rest of the population in the worldThe pyramid shows that:half of the world's net wealth belongs to the top 1%,the top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth,the top 30% of adults hold 97% of the total wealth.Who then will have the money to drive capitalism forward in the future?If you believe that things can continue as they are without a significant change to the way we view economics, in light of the work being done in AI and automation, with its attendant mass human redundancies, then you are being short-sighted and naive.Capitalism is already in its terminal spiral, the question is; what will follow?
When will the US economy finally Collapse?
Well, maybe you should back up a little! WE America has NO Gold in the Mint! Guess Who Does? China! 60 Million Tons - That Belong to China - Because of Obama and His Illustrious Spending Habits! Amazing to me - Is that Americans Bought the Lies and Voted this Man In Office? It is completely disheartening to me that so many still support him and the Majority want Socialism rather than Capitalism! Really Sad and Horrifying! They have NO IDEA what they Asked for! I guess We Will All See It Soon! This is just the beginning Fringes of Communism! They Have NO IDEA! There are those of you who will Ask - Who Is She - How Would She Know? Now, I will tell you! My Core Family come from Russia! I have been to Russia Before and After the Wall came down to Visit Family! I have SEEN and HEARD the HORROR - What Communism Really IS! Go To Your Local Libraries and READ ABOUT COMMUNISM YOURSELVES! LEARN - NEVER AGREE UNTIL YOU UNDERSTAND WHAT YOU AGREEING WITH! We Have Soldiers that do NOT want to come home to this who Are Killing Themselves! They Understand - PLEASE - I BEG OF ALL PLEASE RESEARCH IT YOURSELVES - THEN, DECIDE! We Need Common Sense - Honesty - Accountability - True Leadership - Enforcement of Our Constitutional Laws - Term Limits for All and NO Life-Time Benefits for Any! (All Mine - Honestly) Peace to All and God Bless! Jane.
Is the destiny of the universe to eventually collapse into one huge black hole?
The Bible tells us the future of the earth... (Isaiah 45:18) For this is what Jehovah has said, the Creator of the heavens, He the [true] God, the Former of the earth and the Maker of it, He the One who firmly established it, who did not create it simply for nothing, who formed it even to be inhabited: “I am Jehovah, and there is no one else. If the earth is to be preserved, then so is its immediate solar system. For a long long time.