LONGTERM
- Trade from abroad countries will be restricted (other countries doing the same and this will trigger a downward cycle similar to the crisis before WW1)
- Big car companies and banks, who seemed to be the basis of security and prosperity are breaking down
- Falling tax revenues but rising social spending
- For years Germany tried it's way out of the crisis by saving money
- Living only since the state puts billions into saving them from desaster
- Jobs being shifted and the threat of a downwards social spiral
- Loss of any options for taking action affect the coordination
- Negative rates