The most severe economic crisis in 70 years begins these days.
This was warned Edward Mushinsky in an article for the Russian newspaper
U.S. resolve to save the dollar as world reserve currency and sharply tightened monetary policy by increasing interest rates.
It will be first collapsed real estate market in the U.S. and other countries where was applicable mortgage schemes on the American model.
This will be followed by a repetition of the Great Depression, ie, deflationary collapse of the economy and the collapse of financial markets.