What phenomena would emerge if a major economic depression occurs in 2025?
The first phenomenon: A significant rise in unemployment rates. In order to reduce costs and survive, companies will conduct large-scale layoffs. Many industries will be impacted, whether in manufacturing, services, or finance, resulting in a large number of people losing their jobs, making it exceptionally difficult to find work.
The second phenomenon: A stock market crash. Investor confidence collapses, leading to a massive sell-off of stocks, causing chaos in the stock market, and a significant decrease in market capitalization.
The third phenomenon: A collapse in the real estate market. Housing prices plummet, and many homeowners face negative equity, causing real estate developers to struggle.
The fourth phenomenon: A substantial contraction in consumption. People feel pessimistic about the future economic outlook, reducing non-essential spending, with a significant decline in sales of luxury and high-end goods.
The fifth phenomenon: An increase in business bankruptcies. Many companies go bankrupt due to decreased market demand, broken capital chains, and other reasons.
The sixth phenomenon: A banking crisis. A large number of loans become unrecoverable, leading banks to face increasing bad debts and shortages of funds, which may trigger systemic financial risks.
The seventh phenomenon: A sharp decline in international trade. Economies around the world decline, leading to a rise in trade protectionism, severely affecting import and export trade.
The eighth phenomenon: Reduced investment in education and healthcare. With government finances tight, investment in public services such as education and healthcare decreases, affecting the welfare of the public.
The ninth phenomenon: A downturn in the cultural and entertainment industry. People reduce spending on entertainment, impacting industries such as film, music, and tourism.
