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Saying it would cause a crisis is unlikely, at least long-term, since anything to would cause spending to recover and the cause of the "crisis" would be known a
by saycheese 10y ago
Saying it would cause a crisis is unlikely, at least long-term, since anything to would cause spending to recover and the cause of the "crisis" would be known and accounted for.
To put this in perspective, America alone lost tens of trillions of dollars in from the peak to the trough of the whole 2008 crisis:
http://money.cnn.com/2011/06/09/news/economy/household_wealth/ http://money.cnn.com/2011/06/09/news/economy/household_wealt...