If the American stock market collapses, the world will face a new Great Depression.
Russian economist Valentin Katasonov warned about this.
The expert's statement is reported by DEITA.RU.
As the economist explained, the elite’s “black project” to inflate stock market bubbles, which was started to stop the 2008 crisis, is nearing its logical conclusion.
According to him, the securities market is catastrophically overheated and a collapse could begin at any moment.
When the global financial system collapses, Katasonov warned, millions of people will be left without work and with huge debts on mortgages and other loans.
This will be a very difficult time, the economist predicts, writes DEITA.RU news agency .