The global economic crisis is a phenomenon that affects many countries with a significant impact on people’s lives. Here are the signs to look out for.

1. Decline in Economic Growth: One of the early indicators of an economic crisis is a decline in GDP (Gross Domestic Product) growth. If growth figures continue to decline for several consecutive quarters, this could be a sign that the economy is experiencing serious obstacles.

2. Rising Unemployment: A rising unemployment rate indicates that companies are starting to reduce their workforce in response to falling demand. If this figure continues to increase, this could be an indication that the economy is in trouble.

3. Uncontrolled Inflation: Soaring inflation can cause the cost of living to increase, reducing people’s purchasing power. If inflation increases far above the target set by the government, it could indicate instability in the market.

4. Debt Crisis: When a country or company cannot meet its debt obligations, this can trigger a crisis. A surge in foreign debt is very risky, especially if the local currency exchange rate declines.

5. Stock Market Fluctuations: Uncertainty in the stock market is often an early indicator of a crisis. A sharp decline in stock indexes could be a sign that investors are losing confidence in the economic outlook.

6. Global Demand Decline: A significant decline in demand for goods and services in international markets can harm the economy of exporting countries. Countries that rely heavily on exports are vulnerable to changes in global economic conditions.

7. Tight Monetary Policy: When central banks start raising interest rates to control inflation, this can slow growth. High borrowing costs can reduce the investment needed for economic growth.

8. Bankruptcy Wave: If a large number of companies start to go bankrupt, this could signal weakness in the overall economy. Bankruptcy can create a domino effect that affects other sectors.

9. Increase in Energy and Food Prices: Rising prices of basic goods, such as energy and food, can burden household budgets and reduce purchasing power. This price increase is often associated with global market instability.

10. Political Uncertainty: Political uncertainty, such as unstable elections or conflict, can give rise to economic uncertainty. Investors tend to be risk averse, which can contribute to economic crises.

Understanding these signs can help individuals and businesses prepare for a potential global economic crisis. Economic success often depends on a quick response to these signals.