Dec 31, 2015
<h2>Economic Collapse</h2>
This is the audio version of the Economic Collapse video available on www.preciousmetalsinvesting.com It's the first in our Collapse series of interviews. This audio is one of thePrecious Metals Investing podcasts available on iTunes. lick here to listen or subscribe:
https://itunes.apple.com/us/podcast/precious-metals-investing/id530765475?mt=2
Economic Collapse is less likely to occur than the other types of collapses we discussed in this series.
When we are talk about Economic collapse we are talking about the system of exchange of goods and series. Generally in a healthy economy there is a balance between demand and consumption.
There are things that we all want which makes up demand and consumption. On the other side we have production to satisfied those demands.
When supply and demand becomes adversely affected and they are out of balance we can have an economic collapse.
For instance in a capitalistic society you have a wide variety of firms competing with each other to supply the goods and services to meet the demands of the consumer. In many cases of economic collapse the supply side of the equation is not meeting the needs. It may be because the demand was being fulfilled by single government run company saddled with bureaucracy and inefficiencies. It may be because government policies promoted too much artificial growth in the absence of demand.
Whenever you see an economic collapse you see that supply and demand are out of balance.
Paul Mladjenovic is the author of Precious Metals Investing for Dummies, Stock Investing For Dummies and High Level Investing For Dummies. Find out more about Paul and the books and services he offers by visiting his resource page here on the web site.
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