Global Recession and US Security
In the last decade, the USA has experienced momentous and unconceivable financial regressions. What commenced as a market meltdown grew into a challenging financial ordeal. The international financial crisis became a primary USA security concern, spreading unpredictability in most parts of the world. Negative trade conflicts, USA intelligence agencies stated that the global situation also posed a threat to the USA due to its geolocation politics and the role it plays in checking the rest of the world. Growing unemployment cases and diminished welfare expenditure are some of the reasons that might lead to insecurity due to civil unrest and violence direct at the USA government. In these recent times, the emergence of security challenges stems from financial crisis experienced in various states
It is the duty of all the people involved to come up with logical assessment systems that would reduce the ongoing recession and its impact on the people. Policymakers' primary objective is to persistently restore marketing functionality, forestall the spiraling crisis among active participants and respond swiftly to any financial crisis emerging in the USA. The financial crisis and international recessions might generate economic crisis in most developing countries. Also, most of the countries found themselves in a difficult situation because they could not find an immediate solution to their financial crisis. Time is an ultimate factor because nations take time before they can resume normalcy after any financial crisis. More so, the longer the recovery phase, the greater the damage on the USA's strategic economic interests.
As noted during a financial crisis, assets’ values decrease, enterprises and clients have less purchasing power and financial institutions undergo liquidity scarcities. Financial crises are linked to bank runs where entrepreneurs remove their finances from accounts due to depreciating value experienced in most financial institutions. In instances such as financial bubbles, the crisis might spread to the rest of the economic zones but one region. It is vital to note that most of the challenging facets of financial crisis occurred due to overvaluing or even illogical mannerisms that cause market prices to plummet. In the past, most financial crises were due to banking panics. Once the stock market clangs, most financial bubbles plummet currency crisis occurs hence leaving the country in a state of depression. Some of the causative factors of the financial crisis are systematic meltdowns, unpredictable or unmanageable human mannerisms high-risk incentives.
In most developing economies economic the rates of economic development decreased severely. Thus, the refugee movement in the USA increased hence presenting new challenges to homeland security. USA financial reports warn that the persistence of financial crisis would be detrimental to USA positioning in the world as other nations would try and challenge its authority on most issues of the world. In the wake of the financial crisis, most USA intelligence agencies have made it possible to come up with a threat list that would help to identify sources of insecurity in the USA and around the world. As evidence through the civil unrest, most experts claim that if a financial crisis is not checked, then the government should be able to come up with incentives of meeting the immediate needs of its citizens. Most of the security risks are posed by Muslim nations due to extremists who cannot be kept under control. For instance, there are not enough financial resources to track down these extremists.
