It's quite possible this ends in a global depression that's worse than what we had in 2008, maybe even worse than what we had in the 1930s.
There are a lot of states that are not very solvent: states collapsing financially is also a possibility. Very bad for the people who live there, and sometimes their neighbors.
It's quite possible this ends in a global depression that's worse than what we had in 2008, maybe even worse than what we had in the 1930s.
There are a lot of states that are not very solvent: states collapsing financially is also a possibility. Very bad for the people who live there, and sometimes their neighbors.