Stock Market Crash: A major threat looming large. Will the stock market crash so much that no one can believe it next year?

Market trends as well as the conditions of the society are better now as compared to the past. Poverty is under control in most countries except in a few countries. Some experts are reminded of the 2008 financial crisis, leaving aside the current issue. In the next few days, there is a possibility of a financial crisis beyond 2008. Leading US economist Harry Dent has issued a warning that the stock market is at risk of crashing in the coming days related to the massive financial crisis. "Right now the economy is like a bubble and there is a lot of possibility that it will explode anytime soon," he said. Let's find out more details about Harry Dent's latest warnings.

It is generally said that if you want to cure a hangover, you need to drink more. Economies are also said to have become the same right now and it is believed that the entire economy will improve in the long run due to inundation of the economy with extra money, which has failed in many cases. Dent accurately predicted the Japanese asset price bubble burst in 1989 and the dot-com crash in 2000. In particular, he accurately stated his expectations on demographic trends, economic issues and market analysis. When it comes to the present, he warns that the 2008 crisis will have to face a major crisis for the world. It was recently announced that the S&P is expected to decline by 86 per cent from the top and the Nasdaq by 92 per cent. Dent predicted that the fall could occur between early and mid-next year due to the tightening of the Federal Reserve's rapid monetary policy to combat inflation.

Covid-19 pandemic crisis

The COVID-19 pandemic has caused a global economic crisis. Economic activity has come to a halt as countries around the world have imposed strict lockdowns to control the spread of the virus. This resulted in a severe global recession as the stock markets declined and unemployment rates rose exponentially. Governments around the world have responded with massive economic stimulus packages to support businesses and individuals. However, the economic impact is very widespread.

Eurozone debt crisis

The eurozone debt crisis has fuelled high sovereign debt levels in many European countries, notably Greece, Ireland, Portugal, Spain and Cyprus. The crisis has led to a series of EU and IMF bailouts to prevent the collapse of these economies. Instead the affected countries had to implement savings measures. This has led to high unemployment rates as well as significant political instability.