The U.S. Economy Will Go Crazy
Ever since the 2008 crisis, the U.S. economy has been relatively stable. As the Federal Reserve predicts, 2018 will bring a rise in economic growth of 2.5% in 2018. This is great news, considering that the ideal range is of 2-3 percent.
However, President Trump promised the country to boost growth to 4 percent. Pretty as it may seem at first, a growth that happens too quickly and too drastically is almost always the beginning of a boom and bust cycle. In other words, if the U.S. actually reaches a 4 percent growth, the country could face recession by 2020. And that would be real chaos for everyone.
How it will affect you: Needless to say, this is one of the biggest tragedies any country could face. I think we all remember how our lives changed during the 2008 crisis and history proves that even the littlest things change – just like the citizens’ attitudes.
