Financial Crisis Archives - AlwaysWealthy


A recession is a significant decline in economic activity that is spread across the economy and lasts more than a few months. The most severe recession on record, which doesn’t meet the definition of a depression, was the Great Recession between 2007-2008 in the aftermath of the Global Financial Crisis.

Will the Russian Economy Collapse?

With the ongoing war between Russia and Ukraine, many people are wondering how long the Russian economy can stay afloat. It’s been over three months since the beginning of the conflict.

Global Financial Crisis

The Global Financial Crisis took place between 2007-2008 when the US housing bubble burst. The housing bubble was the result of several factors, including loose lending requirements. During the Global Financial Crisis, real estate prices and stocks dropped sharply as millions of American home owners defaulted on their mortgages.

Austrian Business Cycle Theory

The Austrian Business Cycle theory aims to explain booms and busts through artificial credit expansion. According to the theory, economic boom and bust cycles aren’t due to flaws of the free market or natural occurrences but caused by artificially low interest rates. The theory originates from the Austrian school of economics.

Hyperinflation in Zimbabwe

The Zimbabwean hyperinflation occurred between 2007-2009. It was the first episode of hyperinflation recorded in the 21st century. During the hyperinflation in Zimbabwe, prices rose exponentially and reached an inflation rate of 89,700,000,000,000,000,000,000% in November 2008.

Great Depression

The Great Depression was a prolonged economic crisis that started with the stock market crash of 1929 and lasted almost a decade. The Great Depression was a deflationary depression during which prices of consumer products such as food and clothes decreased considerably. Asset prices of stocks, real estate and commodities dropped sharply as well.

German Hyperinflation

The German hyperinflation took place between 1922-1923 and is one of the most famous examples of hyperinflation in history. The Reichsmark lost all of its purchasing power in a matter of months as Germany struggled to pay its war debt and make war reparations under the Versailles Treaty.

How to Survive the Coming Economic Collapse

I’m currently immersing myself in literature about the Great Depression and reading Benjamin Roth’s “The Great Depression: A Diary”. It’s like reading the mind of an investor that lived through the Great D

The Everything Bubble: Is The Worst Crash In History Coming?

The Everything Bubble is a term coined by Graham Summers who wrote a book with the same title.

The Case For Hyperinflation In The United States

More than 35% of all US Dollars in existence were printed in 2020. While the United States is still far away from hyperinflation, the printing press is running hotter than ever before. When central banks like the Federal Reserve inflate the money supply, this leads to price inflation.