Is the global economy about to crash? | Guardian Explainers

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1. I'm optimistic, I think the world economy will crash.
2. They definaetly had the intern do this one.
3. If China economy fails the US will get hit the hardest
4. We don't have an economy that encourages wealth production and the betterment of humanity any more, it's all about feeding speculators and money junkies. Everything has become about keeping the markets happy, while real industry closes down and good paying jobs become scarcer.
   
   Low interest rates encourage speculation over investment, of course we're heading for another crash at some point; they responded to one speculative bubble by pumping up another one. They can't cut rates any more to prop up the markets gambling habits, next crisis we're buggered.
   
   Maybe it will kick the world up the backside hard enough to make it realise we need an economy designed to meet human need, rather than feeding the 1%'s money addiction. Maybe... but I doubt it.
5. All that western governments have done is kick the can down the road. The 2007 > 2009 crash was plugged with quantitive easing, that intern provided the required liquidity to keep the system afloat. The creditors of this world have yet again allowed the same irresponsible behaviours dominate the conduct of their business, that inevitably caused the crash in the first place. Iceland got it right, we've clearly learnt nothing from the mistakes we've made.
   
   The current Conservative, like the former New Labour government base their economic policies on the advice given by economists who do not include private debt within their economic models. This is why Gordon Brown missed the previous crash and why Osborne will miss the next.
   
   The last crash was relatively restricted to western economies, the next oncoming crash will be global.
   My question is, who is going to pay for it this time? The tax payer?......nope, not this time around.
6. let's see what the Bible says about this
7. This is a big crash in the Asian/emerging markets at the end of their endogenous cycle now precipitated by China's huge bubble, this will reverberate throughout the region and is likely to hit Australasia and Canada too as they both have unpopped housing bubbles and their ability to sustain growth post 2008 was strongly linked to China's now rapidly shrinking boom. it will have a knock on effect in the West but will at most only result in a minor technical recession.
   All predicted here.
   http://moneyweek.com/boom-times-are-here-again/
8. Austrian Economics prevails again. I would encourage people to look into what they have been saying since the beginning of the century. They predicted the 08 crisis and they predicted this. I would encourage people to listen to Peter Schiff. Ron Paul was also incredible with his economic forecasts before the 08 crisis.
9. no because Obama said the economy is fine.........
10. I think it going to be 1929 all over again.
11. Great video as usual, just one thing to point out though, some of the text gets obscured by the notes that pop up on mobile.
12. Of course it's China doing this
13. Time for Bitcoin