A new financial crisis in the making?

Chris Muniz
6 min readMay 20, 2019

Hello everyone again. In this new entry about the Aquarius paradigm, I want to share with you a series of ideas that I have been thinking about for a while now. The ideas have to do with the current economic climate that affects the vast majority of the planet and how the financial crisis might be that has not been resolved, as some analysts and economists say on Wall Street, and how, at worst In some cases, it could be that humanity faces one of the greatest chasms that could bring a total collapse to the global economy and lead humanity as a whole to a deep economic recession with terrible and terrible consequences for the vast majority of countries.

The current crisis experienced by humanity began in the summer of 2008 when they began to report hundreds, if not thousands of mortgages that could not be charged since they were of the third category and belonged to people affected by credit. With the redoubt of many banks, with the exception of the banking group The Chase, began a wave of foreclosures that had good to have collected more than $ 30 billion dollars that were not entering the economy and that was making the Dow industrial average Jones and many of the economic indicators such as Nasdaq, S & P and others showed low casualties that led many investors. Not satisfied with this, in Europe, the euro began to equalize in terms of liquidity to the unbeatable and sovereign US dollar.

Faced with this, many of the large companies began to report decreases in the supply/demand of products and services, which brought less cash liquidity (money) in the corporate earnings projections. In case there was little that was happening, the price of a barrel of oil as fossil fuel rose to more than $ 100 / barrel, which brought a direct blow to the auto industry and also suffered serious and damaging losses to its international competitors. It is very interesting for this study the case of Ford Motors, which for the first time suffered serious setbacks in front of the Toyota automotive company.

Everything seemed very good until all the indices of economic activity suddenly began to fall sharply, with Black Friday in November 2008 being fatal in that the industrial Dow Jones fell well below the 10,000 percent points. That was an unequivocal sign of an economic recession. This irrigated the hornet’s nest and as if it…

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Chris Muniz

Graduated from the University of Phoenix in Management (MBA). Also in Turabo University (BA), Executive Director at Muniz & Unired.