Granados contends that the real economy will continue contracting in the next months and it is quite likely that one will see a deep and lasting economic depression. In spite of government interventions, it is likely that worldwide, one will see many companies fail in the next months. In the non-financial sector, frozen credit markets and reduced purchasing power of both consumers and businesses will lead many small, medium, and big companies to fail, causing massive numbers of jobs to be lost, steep declines in tax revenues, and a resulting inability of local, regional, and national governments to provide services and help to those in need. It is unclear to what extent governments are overcommitting their ability to insure, and thus guarantee bank deposits, so that in spite of all the promises, bank savings could be lost, too. It is also quite possible that one could experience a dramatic loss in the purchasing power of money. Given the lack of connection of present money with any commodity with real value and the recent actions of governments to balloon the already high levels of government debt, hyperinflation as occurred in Latin America in the 1980s or in Germany after World War I is a real possibility in the near future.