Many economists, politicians, experts, astrologers, psychics, as well as ordinary people are trying to predict further options for the development of the global financial crisis, which has seriously shaken the economies of many countries. What unpleasant consequences can a financial recession lead to the population of the Earth, and when the world economy begins to gradually rehabilitate, returning to normal?
People who do not occupy significant posts in the Central Banks of the world powers can only guess about the true causes of crises, expressing all kinds of assumptions about the timing of the end of economic disasters. Most experts believe that the current crisis will continue for several more years, negatively affecting the well-being and living standards of many of the world's inhabitants. The real sector of the economy of many countries will experience a significant recession. There will be a significant reduction in production, since the amount of real money supply and effective demand are decreasing almost everywhere, while tariffs for electricity, gas, water are growing and interest rates on loans are increasing. Some analysts believe that the second wave of crisis will come in 2012-2015, and the new financial crisis will be much more severe and merciless than the current one. It can contribute to a sharp increase and then a collapse in oil prices, which will have a disastrous effect on the state of the economies of many countries, including Russia. The Russian Federation will face hyperinflation and higher food prices. Opinions are expressed that the US dollar will cease to exist as a universal global means of payment, but many experts in economic and political processes consider such information absurd and unreasonable. Among the most frightening predictions is the outbreak of World War III amid global financial turmoil. Serious negative consequences are predicted for Europe as well. It is believed that the difficult economic situation here will soon reach its climax, but the collapse of the European Union and the elimination of the euro can be avoided by monetizing the state debt and reforming the membership. The scenario of the complete collapse of the European Union is extremely disadvantageous to the main creditors and creators of this financial system, so some countries will still have to leave the European Union and set out on a free voyage, no longer having insurance in the form of the EU's lifeline.
