Is the world economy going to collapse | Is our economy going to collapse

Posted by Hassan Askry

These days every individual , businessman and groups are in threat "is our economy going to collapse" . The basic reason is the inflation taking place in our economy. Inflation ain't take place on its own but it is created. Let me tell you an example : If one person take loan worth  $7 one day and after some days due to inflation currency goes down and  dollars value goes down to $5 its mean that person is become poor worth $2. The main reason of becoming poor and economically week is credit purchase.  Now a days every person is using different types of loan like credit cards, personal loan , lease cars. that is the main reason to make economy collapse.