2025 if there is a great economic depression, what phenomena will appear?
The first phenomenon: Unemployment rate rises sharply. To reduce costs and survive, companies will conduct large-scale layoffs. Many industries will be affected, whether it is manufacturing, services, or finance, a large number of people will lose their jobs, and finding work will become exceptionally difficult.
The second phenomenon: Stock market crashes. Investor confidence collapses, and they sell stocks in droves, leading to chaos in the stock market icon and a significant shrinkage in market value.
The third phenomenon: Real estate market collapses. Housing prices plummet, many homeowners face the dilemma of negative assets, and real estate developers icon fall into trouble.
The fourth phenomenon: Consumption shrinks significantly. People feel pessimistic about the future economic outlook and reduce non-essential consumption, leading to a sharp decline in sales of luxury goods and high-end products.
The fifth phenomenon: Increase in corporate bankruptcies. Many companies go bankrupt due to decreased market demand, broken capital chains, and other reasons.
The sixth phenomenon: Banking crisis. A large number of loans cannot be recovered, banks face increased bad debts and funding shortages, which may trigger systemic financial risks.
The seventh phenomenon: International trade sharply decreases. Countries' economies decline, trade protectionism icon rises, and import and export trade is severely affected.
The eighth phenomenon: Decrease in investment in education and healthcare. Government finances tighten, leading to reduced investment in public services such as education and healthcare, affecting people's welfare.
The ninth phenomenon: Cultural and entertainment industry recession. People reduce spending on entertainment, impacting industries such as film, music, and tourism. #微软比特币投资投票案