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when the economic collapse comes what country/countries will stand the best chance and maintain themselves the best from a economic stand point?
i heard Australia and New Zealand will stand the best chance.
The poorest countries will remain pretty much as they are now. Countries that currently have a very limited energy footprint might not notice much difference at all. Even Mexico, where much of the population consumes unprocessed food that is grown nearby, with little application of chemicals, and the electrical consumption of many houses is just a couple of light bulbs, and heating and air conditioning are absent in a great majority of homes, and there is a well-developed public transportation infrastructure already in place. Of course, urban Mexicans, accustomed to big city life, will not fare as well as those in the pueblecitas.
Go a couple of steps further down the ladder, and people in countries like Malawi might not even be aware that there has been a meltdown.
when the economic collapse comes what country/countries will stand the best chance and maintain themselves the best from a economic stand point?
i heard Australia and New Zealand will stand the best chance.
australis decade long boom is largely driven by demand for raw materials from china , new zealand is an economy almost entirely built on agricultural commodities for export , small countries ( australia is small ) suffer more in global rescessions as they have no internal market
canada is small aswell but is next door to the worlds largest market and its in good nick anyhow
australis decade long boom is largely driven by demand for raw materials from china , new zealand is an economy almost entirely built on agricultural commodities for export , small countries ( australia is small ) suffer more in global rescessions as they have no internal market
canada is small aswell but is next door to the worlds largest market and its in good nick anyhow
I know a few people who want to migrate out of the USA before the collapse and they want to go to Canada. i told them i would not trust their economy but they seem to feel that it will fair well. i dont know maybe they are right but i have many doubts about Canada.
The poorest countries will remain pretty much as they are now. Countries that currently have a very limited energy footprint might not notice much difference at all. Even Mexico, where much of the population consumes unprocessed food that is grown nearby, with little application of chemicals, and the electrical consumption of many houses is just a couple of light bulbs, and heating and air conditioning are absent in a great majority of homes, and there is a well-developed public transportation infrastructure already in place. Of course, urban Mexicans, accustomed to big city life, will not fare as well as those in the pueblecitas.
Go a couple of steps further down the ladder, and people in countries like Malawi might not even be aware that there has been a meltdown.
will american money still hold any weight in places like Mexico, Malawi ect? the biggest problem is that the american dollar is losing its worth how will the american dollar be treated in those nations ...if there is an american dollar at all at that point?
Doesn't New Zealand have a ton of economic problems and very weak growth? Not to mention losing many educated people to Australia. New Zealand dollar is strong though.
This sounds a bit apocalyptic. Maybe you're reading too much Zero Hedge, where an economic collapse has been just around the corner since the blog started.
Australia seems to be doing the best out of English speaking countries now and I think they're in a better position, in the short term, if something drastic happens in the west and Asia remains fine. I don't have confidence that Canada can remain fine if the US has major problems. The Scandinavian countries continue to seem to be doing all right comparatively. Netherlands and Germany seem to be doing fine as well.
will american money still hold any weight in places like Mexico, Malawi ect? the biggest problem is that the american dollar is losing its worth how will the american dollar be treated in those nations ...if there is an american dollar at all at that point?
The US dollar closed today at 0.7553 euros. Which is exactly where it was in January 2005, February 2007, March 2009 and January 2011. It has gone up and down with normal market fluctuations, but is now worth the same as it was seven years ago. From five years ago, the US dollar is up 15-30% against Pounds, Mexican, Indian, South African, all of which are strong convertible currencies. The dollar is down against Australian, Japanese, Brazilian.
when the economic collapse comes what country/countries will stand the best chance and maintain themselves the best from a economic stand point?
i heard Australia and New Zealand will stand the best chance.
Not Australia, yet Australia is the best chance for an English speaking country. The economy is slowing but it is not in recession.Australia is currently too dependent on EAst Asia, esp the Chinese market and if that collapsed there would be an major downturn to the economy as the only major thing that drives the economy at the present time is the mining industry. New Zealand economy is not as advanced as Australia yet New Zealand would fall first if their is an economic collapse. New Zealand does not have an mining industry as it is more of an disadvantage.
The best country to maintain themselves for an economic standpoint is Germany.
Not Australia, yet Australia is the best chance for an English speaking country. The economy is slowing but it is not in recession.Australia is currently too dependent on EAst Asia, esp the Chinese market and if that collapsed there would be an major downturn to the economy as the only major thing that drives the economy at the present time is the mining industry. New Zealand economy is not as advanced as Australia yet New Zealand would fall first if their is an economic collapse. New Zealand does not have an mining industry as it is more of an disadvantage.
The best country to maintain themselves for an economic standpoint is Germany.
my money is with Germany as far as Europe goes.
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