https://cdn.steemitimages.com/DQmRTd6N7x1fsAiCxy81QzWkKyUckybuQqRzimCzP1upHEy/US200228.PNG

https://cdn.steemitimages.com/DQmRwyuvJichk3a8WL2aJZxs4wR16i9k161VnMjbXXsW9Zo/Stock%20200228%20EU.PNG

https://cdn.steemitimages.com/DQmTN2KNpmTLtKW4xVYhMs7nVgpDrYdr2vmHzccQqqJ6vj9/Stock%20200228%20Asia.PNG

Financial crises through the years (1929-2008):

1929 Great Depression

1937–38 Recession: Results of fiscal policy tightening

1945 Recession: End of World War II

1949 Recession: Economic downturn of 1948

1953 Recession: Post-Korean war inflationary period

1958 Recession: Monetary policy tightening

1960–61 Recession: Federal Reserve raising interest rates in 1959

1969–70 Recession: Vietnam War (fiscal tightening)

1973–75 Recession: The oil crisis, OPEC quadrupling oil prices and coupled stock market crash

1980 Recession: Federal Reserve, under Paul Volcker, raised interest rates dramatically

1981–82 Recession: The Iranian Revolution

1989 Recession: Savings and Loan Crisis

1990 Recession: 1990 oil price shock

2001 Recession: Dot-com bubble/9-11 Terrorism attack

Causes of the 2008 Global Financial Crisis (others said 2008 Great Depression):

1. US Financial Deregulation

2. Housing Bubbles (Home Mortgage Derivatives)

3. Banks seized on high-risk loans

4. Low oil prices (above $4 per barrel in June 2008)

5. The stock market plummeted, erasing wealth (after effects)

Is COVID-19 or US National Debts of 122 Trillion can lead to the next economic recession/depression? Or isn't COVID-19 a bio-chemical weapon (it is engineered man-made virus) that elites agenda trying a global systemic collapse without any real weapon for depopulation in order to establish a one-world government and scapegoat to reset the system for them to enslave the ordinary people?

https://www.truthinaccounting.org/about/our_national_debt

I'm only asking!

Only time will tell...

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