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

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.

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Economy goes down

It is not only the problem of USA but all over the world that economy is going down. Several factors involves to take the economy down. One of the major reason is the shortage of the natural resources like oil, coal, and gold etc. That is the reason that such a developed country like USA is also facing the phase of recession. Actually mostly people of USA are using credit system .They use credit cards and loans etc. for which they have to pay with interest . this factor puts a negitive effect on the economey as a whole.
In developing countried like Pakistan elites and beaurucrates are creating an artificial inflation that results in such a way that money is transfring from poor to rich . Means that poor are becoming more and more poor and rich are becoming more and more rich.
Investment is on risk now a days because the value of money is going down and down. The best investment now a days is Gold that is why every invester is busy in investigating that what is gold trade in the market. 

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USA economy going down

It is really a shocking news that in USA every month near 8  banks fail to carry on.
Near 64 banks have closes so for and this caused the loss of USD 277 million. The economy of the whole world is mostly affiliated the economy of USA. It is very critical situation this time. The world con not recover from last inflation of 2006. And inflation is coming again . 

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