Economic collapse

Economic collapse, also called economic meltdown, is any of a broad range of bad economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death rate and perhaps even a decline in population (such as in countries of the former USSR in the 1990s).^[1]^[2]^[3] Often economic collapse is accompanied by social chaos, civil unrest and a breakdown of law and order.

^ Cite error: The named reference Orlov2008 was invoked but never defined (see the help page).
^ Schiff, Peter; Downes, John (2011). Crash Proof 2.0: How to Profit From the Economic Collapse. ISBN 978-1-118-15200-3.
^ "'America will collapse', RT". 9 March 2009. Archived from the original on 2021-12-13 – via YouTube.

[Orlov2008-1] Cite error: The named reference Orlov2008 was invoked but never defined (see the help page).

[2] Schiff, Peter; Downes, John (2011). Crash Proof 2.0: How to Profit From the Economic Collapse. ISBN 978-1-118-15200-3.

[3] "'America will collapse', RT". 9 March 2009. Archived from the original on 2021-12-13 – via YouTube.

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