The growth of the economic cycle in the world is completed, because the risk of a crisis that replaces the rise is extremely great. Such an opinion Economist Alexey Korenev expressed in a conversation with “Tape.ru”. According to him, the potential fourth wave of coronavirus can contribute to this, and the following new restrictions behind it. In this case, the crisis may be heavier than the Great Depression in the United States.
Korenev drew attention to the fact that the stock market, which yesterday set a record, today reached the next maximum – this suggests that the markets grow extremely quickly, but not always justified that he dramatically increases the risk of crisis.
“If the fourth wave of Coronavirus is going to the world, and it will be severe, be sure to follow new limitations, and this is immediately an increase in unemployment, including among borrowers. And, accordingly, the problems of the creditors themselves associated with the growth of debts are. – explained the economist.
According to him, it must be borne in mind that economic bubbles are able to inflate longer than the logic involves, so it is absolutely impossible to guarantee the destructive crisis in the near future. And yet sooner or later it comes.
“Many serious economists predict the crisis, which will be worse than the great depression. In particular, the leading American specialist speaks about this, which predicted the 2008 crisis. According to him, the economic bubble is now much worse than in 1929. World markets Strongly overheated and, as the experience of the last one and a half years shows, we are absolutely not ready for shock impacts, ranging from disabling messengers, after which all processes fell as on the chain, “Korenev reminded.
The problem of modern civilization, which can be the basis for one of the most destructive crises in history, as the economist believes, is to build systems without the stock of strength and reservation. As a result, any small shift leads to the collapse of entire dominos effect systems.
“Our world was built non-engineers, but effective managers. Failure in the work of the messenger led to the fact that everything fell up to the post office. One stuck container ship seriously taped the economy of a large part of the world. And I’m not talking about the energy crisis yet. Europe. And the next event, which may even seem insignificant at first glance, can no longer hit individual systems, but in the economy of the whole world, “Korenev concluded.
Earlier, the Central Bank reported that at the end of the summer of 2021, the average rate on housing loans in Russia increased by 0.11 percentage points. (up to 7.78 percent), reaching a maximum for six months. This value was last fixed in April 2020.