Stages of Economic Collapse

Stages of Economic Collapse
Traders work on the floor of the New York Stock Exchange (NYSE) on June 10, 2022. Stocks fell over 800 points on that day as inflation fears spooked investors. Spencer Platt/Getty Images
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Commentary 

Many have started to wonder, how will the economy land—hard or soft? Often times people tend to have uneasy feelings about the economy before an economic crisis arrives. They somehow know that things are “off” in a serious way, but cannot really put their finger on it.

Tuomas Malinen
Tuomas Malinen
Author
Tuomas Malinen is CEO and chief economist at GnS Economics, a Helsinki-based macroeconomic consultancy, and an associate professor of economics. He studied economic growth and economic crises for 10 years. In his newsletter (MTMalinen.Substack.com), Malinen deals with forecasting and how to prepare for the recession and approaching crisis.
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