There are too many signs that a big economic crash is on its way. The US economy is showing signs of overheating. This will lead to increased interest rates. Trump keeps threatening tariffs against various countries, that usually he has to climb back down on. But these threats themselves have an impact economically by causing uncertainty. China has allowed their banks to reduce their reserve ratio and is pumping money into the economy to try and stop their economy slowing down. In Britain Brexit has created uncertainty leading to businesses holding off on investing. Wages have fallen in real terms by 10% over the last 10 years (I know there has been a very modest rise in the last few months), but many households have continued to spend by getting into debt. Overall savings have reduced and debt has increased. This leaves households vulnerable to relatively small economic shocks. This is without the impact of Brexit which will only add to our economic crisis.