Remember when the European Union recommended we keep a "three-day survival kit"? Weeks later, the Iberian blackout occurred.
Recently, the European Union advised citizens to keep cash on hand in case of war or an economic crisis, warning that a run on banks and ATMs could quickly deplete cash in circulation.
Were they anticipating a major crisis? After all, crises are cyclical and often artificially created.
US Government Shutdown!
The US government shut down on Wednesday, after congressional Democrats refused to support a Republican plan to extend funding for federal departments unless they won a series of concessions centered on healthcare.
All government activities deemed non-essential are suspended.
Some employees will go unpaid and face layoffs.
Is a snowball effect on international markets on the way?
The US government entered shutdown mode this Wednesday (1st) after Congress failed to approve a budget proposal to extend federal funding. As a result, a series of public services are expected to be suspended in the coming hours.
This shutdown, the 15th since 1981, centers on healthcare. Democrats insist they will only approve the budget if expiring healthcare programs are extended.
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