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Western Economic Crisis of 2026: Difference between revisions

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* Rise of China as the world's number one economy
* Rise of China as the world's number one economy
* Rise of autocratic regimes
* US sovereign debt default
* US sovereign debt default
* Replacement of the dollar as the world's reserve currency
* Fall of the dollar as the world's reserve currency
* Collapse of Wells Fargo
* Great Southern Famine
* 2027 UK Homelessness Crisis
* Third impeachment of Donald J. Trump
* Rise to power of the UK Reform Party
* Exit of Poland and Bulgaria from the EU
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Revision as of 01:33, 3 May 2025

2026 Western Economic Crisis
Historical Event
Western Economic Crisis
Event Summary
Date2 Mar 2026 - 21 Oct 2029
Location United States
Job Losses49,232,104 (estimated)
Capital Loss$9.2 trillion (estimated)
Outcomes
  • Rise of China as the world's number one economy
  • Rise of autocratic regimes
  • US sovereign debt default
  • Fall of the dollar as the world's reserve currency
  • Collapse of Wells Fargo
  • Great Southern Famine
  • 2027 UK Homelessness Crisis
  • Third impeachment of Donald J. Trump
  • Rise to power of the UK Reform Party
  • Exit of Poland and Bulgaria from the EU

The Western Economic Crisis of 2026 was a severe economic and financial crisis that affected most of North America and Europe during the late 2020s. The crisis began in the United States in March 2026 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. In the period between 1 January 2026 to 1 January 2028, the United States, United Kingdom, Canada, Republic of Ireland, Mexico, Argentina, Switzerland and the European Union all fell into recession.