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Economy => Economics => Topic started by: OpenCryptoSystem on February 10, 2021, 01:59:20 PM



Title: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: OpenCryptoSystem on February 10, 2021, 01:59:20 PM
Everybidy know this
But we i want to know what is after this ?
So i can prepare myself the way i will not worry or even taking advancehed of this situation.

Main question yes or no!'
Dollar stays or goes ? If dollar will go away i will sell all my usdc dai and usdt today.

So eur currency stay or it goes ?

Okay fiat is in danger yes its fine what about bitcoin ?
In big crash btc value goes  ?? Up or down?

So exacly what is going to happened.
We dont want bad surprises i want to be sure that im prepared if  they are going to use stable couns then wich  ??

We all want to know this !!
Here is oeople who knows but they dont tell us ....
Former bankers finamce or goverment people tell us plz.
Or get out of this forum if u dont help your fellow forum users



Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: BITCOIN4X on February 10, 2021, 02:31:35 PM
Try to stay calm and think positive.

What do stablecoin do to you if you believe that bitcoin can give you a better return than you should keep those altcoin ?
Believe it or not, you will remain the same person if you depend on USDT or stablecoin forever. Take a look at bitcoin and see what it can do right now. The government has been afraid of it ever since they realized that bitcoin has the potential to destroy fiat power, affect the economy and render the banking system useless. Fiat will remain there because the government simply doesn't want to remove it from circulation. In fact, you know that the regulation regarding bitcoin being issued are to prevent increased adoption.

Basically, we never know what the future holds and we don't even know whether bitcoin will forever be the leading asset symbolizing freedom of money management. Price accident are still possible, there is also the potential for the price to go higher. As long as bitcoin continue to be a decentralized currency I firmly believe that it will be used for that long. Now people are starting to realize that the banking system is useless because it has been cheating on you for years. If you don't believe in bitcoin, then I also suggest that you don't trust banking. Keep your money in asset like gold that allow you to give the government no control over your money. Sorry, if my answer is not what you expected. I only believe in bitcoin rather than a stablecoin and banking system.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: ChiBitCTy on February 10, 2021, 03:11:08 PM
Your title is confusing to me, are you saying there is a financial crash coming? Nevertheless I am a licensed investment advisor, and I can tell you none of us have any clue what's going to happen.  I'm not so sure why you assume that we would know, or that the government would know.  This is all completely undecided and will take many years to play out.  The dollar, the euro etc aren't going anywhere anytime soon.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: palle11 on February 10, 2021, 07:07:24 PM
Your words are not in order for understanding purpose so you get good contribution but I say you have to leave fiat alone. They won't disappear because government is in charge of it. Euro, dollars, pounds or any will exist while bitcoin too by the side. Solution is that you need to buy and invest in bitcoin and hodl. You can wait for a drop correction and buy that will be good for you.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: teosanru on February 10, 2021, 07:23:13 PM
Either stop watching youtube for financial conspiracy theories or stop reading such books from god knows what apocalypse writer. There have been several instances in the past where people thought that there would be an end to the financial system. The existing system isn't going to die in a day it will take years for authorities to evolve to this new setup and another few years for people to evolve with these authorities. Imagining a system without any central authority looks like a fascinating Idea but when it comes to actually living in one it would really sound like a bizarre thought. So there is nothing like a crash that is going to happen overnight. The change will take time to evolve.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: avikz on February 10, 2021, 07:25:01 PM
Dollar stays or goes ? If dollar will go away i will sell all my usdc dai and usdt today.

So eur currency stay or it goes ?

Nothing goes! Everything will remain as it is! Just their purchasing power will go down due to inflation and devaluation.

Quote
Okay fiat is in danger yes its fine what about bitcoin ?
In big crash btc value goes  ?? Up or down?

Lol! It's a propaganda! During a financial crash, every fiat currency will be devalued so bitcoin will possibly go up!

Quote
So exacly what is going to happened.
We dont want bad surprises i want to be sure that im prepared if  they are going to use stable couns then wich  ??

We all want to know this !!
Here is oeople who knows but they dont tell us ....
Former bankers finamce or goverment people tell us plz.
Or get out of this forum if u dont help your fellow forum users

Chill dude! The world is not going to end during a financial crash. No one knows anything. The fiat currency gets devalued over time. If you are able to buy a McDonald's burger at $2 today, after 5 years the same burger will probably cost you $5. That's inflation due to which the purchasing power of a currency goes down! Take a break and drink up!


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: bassbity on February 10, 2021, 07:33:43 PM
rambling, you play a word game in hopes that everyone will be hypnotized. Oh no.

The point is that a stable coin will go down or not if we see the current decline, because the impact is starting to show today? I'll say NO for now. isn't it a stable coin as a benchmark, where the exchange rate will have a value on it. if they fall they will have no value at all.


Or get out of this forum if u dont help your fellow forum users


what if otherwise, please leave this forum if you are just bragging.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Oceat on February 10, 2021, 07:37:29 PM
You either stop reading/watching some financial crisis books/videos or go with the flow since no matter what you will do today still nobody knows what the future holds for us. And I believe fiat such as dollars will remain as it is but due to inflation the value of it might decrease even more. You just need to chill and relax there's nothing apocalyptic scenarios that's going to happen yet in the future maybe you were just getting fed up too much of what the medias been showing to you.

Bitcoin will just stay as it is when the first time you know it and don't be too caught up with the idea of the others throwing propaganda to Bitcoin, that isn't the first time that happened. It's just normal to see Bitcoin drop after a huge pump it's the price correction thing plus there are traders in the community. Just try to look at it on a different perspective.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: CarnagexD on February 10, 2021, 09:58:17 PM
As funny as I think the idea of a financial collapse nearing is, I also don't wanna take my chances and would like to be sure that in the offest chance that it does happen, I have a backup that will keep me from collapsing too. An economist said that in the case of war, cash will be your best bet for purchasing goods since technology will be halted and will instead be pooled into the creation of weapons of mass destruction, so that's one tip I can leave you.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: livingfree on February 10, 2021, 10:52:33 PM
Chill man.

Most of your post are bringing pressure not to us but to yourself. Learn to take time and understand your situation first before going with the decision if you're going to sell all that you've got because you're speculating that there's a crash that's about to come.

We all knew it, due to the more printed money injected to the economy, we knew that inflation will become higher but if a crash comes you've got to be prepared but not like that as if you're panicking.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: AniviaBtc on February 11, 2021, 06:08:01 AM
Your title is confusing to me, are you saying there is a financial crash coming? Nevertheless I am a licensed investment advisor, and I can tell you none of us have any clue what's going to happen.  I'm not so sure why you assume that we would know, or that the government would know.  This is all completely undecided and will take many years to play out.  The dollar, the euro etc aren't going anywhere anytime soon.

Maybe he just panicked about the sudden increase in bitcoin's price, that it made him scared when will bitcoin crash in the market.

If you're a bitcoin holder, you should know that there are a lot of opportunities where bitcoin will have bull run again sooner or later.

It is really hard to predict the market especially that we only have basis, predictions, and speculations.

These factors that they are saying that can contribute to bitcoin's price is somehow not that worrisome for us investors.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: LogitechMouse on February 11, 2021, 07:21:54 AM
You are pressuring yourself enough with this conspira-shit theories that some of the words in the title are misspelled and some of the words in your posts are either misspelled or hard to understand at all.

You have many questions. Questions that many can't answer. Stay calm, take time to research and just buy Bitcoins still :). Don't ever watch any conspira-shit at all.

Or get out of this forum if u dont help your fellow forum users
Some want to help here but not all can answer your questions. Instead of us leaving, you can do it :). Paranoid.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: zanezane on February 11, 2021, 08:22:19 AM
Your title is confusing to me, are you saying there is a financial crash coming? Nevertheless I am a licensed investment advisor, and I can tell you none of us have any clue what's going to happen.  I'm not so sure why you assume that we would know, or that the government would know.  This is all completely undecided and will take many years to play out.  The dollar, the euro etc aren't going anywhere anytime soon.
This is just a conspiracy that the lizard people are going to crash the economy. If you are an investment advisor then you know that it is possible that a crash could happen if the big people were to conspire to manipulate the market, isn't that what happened in the 2008 crash in US? I am not that familiar but how come the rich people were not affected by it? I do agree with you about nobody knows how the market will go but I know that there are people out there that have the money to conspire and make a crash.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Broly46 on February 12, 2021, 10:12:28 PM
Financial crisis is horrible, it change a lot of living, food price getting severely unaffordable, rich get too rich they’re no longer human like, the powerful become so powerful they’re no longer human like, the rest of the plebs are also getting to bad that they’re no longer human like, the aftermath of the crisis is everybody become zombie, human life is worthless, working for money is above everything.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Gozie51 on February 12, 2021, 10:24:45 PM
Everybidy know this
But we i want to know what is after this ?
So i can prepare myself the way i will not worry or even taking advancehed of this situation.

Main question yes or no!'
Dollar stays or goes ? If dollar will go away i will sell all my usdc dai and usdt today.


So are you going to wait for things to get in repairable before you make good plans for yourself? You are not in this world to know that situations are not like they were 20 years back. Politics have spoilt the economic system and selfishness is everywhere. You better have to invest your money in a nice vplace and not wait for your government. As to dollar and other fiat alike, don't wait for the announcement of their collapse because you won't hear that. Be moderate in your investment, cryptocurrency is fast growing too.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: AicecreaME on February 13, 2021, 05:46:01 AM
Everybidy know this
But we i want to know what is after this ?
So i can prepare myself the way i will not worry or even taking advancehed of this situation.

Main question yes or no!'
Dollar stays or goes ? If dollar will go away i will sell all my usdc dai and usdt today.

So eur currency stay or it goes ?

Okay fiat is in danger yes its fine what about bitcoin ?
In big crash btc value goes  ?? Up or down?

So exacly what is going to happened.
We dont want bad surprises i want to be sure that im prepared if  they are going to use stable couns then wich  ??

We all want to know this !!
Here is oeople who knows but they dont tell us ....
Former bankers finamce or goverment people tell us plz.
Or get out of this forum if u dont help your fellow forum users



Your wording and sentence construction is quite confusing. However, I managed to decipher a few of your questions.

Dollar and any fiat money has always the tendency to go up or down. It really depends on the market and on the economy. What you can do is to look at the trend, news, and articles and from there, predict what could possibly the movement of dollar. Will it go up or down? You don't want to make rush, impulsive, and baseless decision that will cost you later on and will make you regret big time.

Fiat is prone to inflation. Every fiat currency isn't safe with inflation that's why a lot of people has other investment and doesn't just fully rely on fiat money. Bitcoin on the other hand is volatile. I can't say that it is inflation-free, but it isn't affected much when inflation hits unlike with fiat. Bitcoin has its season, when it's price goes higher and higher (bullish), and there's also times that its value crashes. However, it's guaranteed that its value will boom during its peak season. Which makes it an ideal investment for majority.

No one is sure about what will going to happen tomorrow. None can predict exactly, but you can always take a smart guess by analyzing and looking up factual information over the Internet.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: bits4books on February 13, 2021, 10:18:25 AM
The "final collapse" is as close as the heat death of the universe. You raise a panic out of nowhere just because you read the blogs of a couple of fanatics and got infected with their ideas - I understand you, because there is nothing easier than becoming a radical. But think about the fact that the so-called "final collapse" is absolutely not profitable for anyone. You think that the fiat currency is a toy of the devil that is created only to "destroy humanity with machinations" but this is complete nonsense that has no reasons behind it.

But if you really want to know what to do in case of collapse - take care of the house. Create a large family, buy land, livestock, the necessary tools and machines, and live as our distant ancestors lived. This is the best choice if you expect a total collapse.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: ethereumhunter on February 13, 2021, 10:22:43 AM
I even do not know what will happen later, and I even do not think about the collapse and financial crash will come sooner or later. If that really happens, I will act base on the current situations, and I do not want to be panic because of that. It is better to calm down for a while and not forget to prepare for anything that can happen. The government will handle that, and all we can do is prepare ourselves for the coming if that is really occur later. It is better to use our time to try and do our best, so we are ready and not to be panic when that thing really happens.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Porfirii on February 13, 2021, 10:38:25 AM
We all want to know this !!
Here is oeople who knows but they dont tell us ....
Former bankers finamce or goverment people tell us plz.
Or get out of this forum if u dont help your fellow forum users

Nevertheless I am a licensed investment advisor, and I can tell you none of us have any clue what's going to happen.  I'm not so sure why you assume that we would know, or that the government would know.  This is all completely undecided and will take many years to play out.  The dollar, the euro etc aren't going anywhere anytime soon.

Ok, so there is your answer from an "insider" licensed investment advisor.


Either stop watching youtube for financial conspiracy theories or stop reading such books from god knows what apocalypse writer.

This too :D, so OP, if you are afraid of a economic collapse anytime soon and you think that Bitcoin or cryptos are a good hedge, buy some, one never knows when the next black swan event will happen... but be realistic too and don't invest more than what you are willing to lose. Stay safe.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Warless on February 13, 2021, 10:51:29 AM
This is my theoretical conspiracy. (remember it's just an opinion)

Soon we will see Mars everywhere, trips to Mars, how to live on Mars. So far we agree, but what could make humanity want to go to Mars? (I can assure you that this is what this 2021 promises us)

Indeed, that the Earth had "serious problems". Economically and climatologically they seem to be the keys that will make Mars shine more than ever.

Guys, are we aware that there are people today buying a house to finish paying for it in 2040-2050?
There are people buying gasoline cars in 2021 ...

Do we deserve the disaster that is upon us?
Probably yes.

The rent of the house will go down in price making the mortgage on your new house ridiculously expensive, because of technology * your house will not have an added value because it is near a supermarket or bus stop.
Imagine yourself with a state-of-the-art 3D glasses with which you can furnish your entire house digitally, not really and you can invite people to your "ghost" house. How much does a house cost then? Why have a $ 200,000 house then?

Gasoline will collapse, they will push you to buy electric vehicles, electricity will go up in price because of mining and that it will be a good time for these lizards.

If the gasoline does not collapse, simply because of the weather they will force you to opt for a liquefied gas tank and registering it will be so complicated that you will want to have an electric car.

When everything is on the network, and electricity along with information are the most valuable things in this world, the light will go out and you will see the phantom world of a movie in front of your eyes!

When we are all living or the vast majority of an economic depression, applications will come out that buy your personal data, your publications, your comments and give you a couple of coins for it. This being the only way apart from stealing to generate a minimum income to survive it will be a win / win for these up here.

About Bitcoin I think that hard Forks and Forks and Forks will appear then, your money will be growing like water in your hands, think that the idea that all humanity trusts in a digital cryptocurrency in which 2,000,000 coins "is not known where are they "doesn't sound very cool right?

smells like a lizard

Excuse my English, I'm using google translate (I'm sure more than 80% of what has read me, I already knew)

My advice is, you have 2 cars (sell 1).
You plan to buy a house (rent for 1 year before)
Try to get fired if your job doesn't come in the immediate future and do something about the payoff.

If you have time and feel like it, these specialties are the most flattering:

Medicine, dentist.
Technology / informatics / domotics


How curious that when we most need to be together, we are so far away.

How curious that those above are not even hiding, is it because they want us to find them? that we trust nothing so that we trust anything?

I'm here for anything! a lot of courage and always remember that life is simply beautiful, those who fail are us because we are going the opposite way.

ah! and love always wins <3




Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Mauser on February 13, 2021, 11:27:39 AM


We all want to know this !!
Here is oeople who knows but they dont tell us ....
Former bankers finamce or goverment people tell us plz.
Or get out of this forum if u dont help your fellow forum users



It is hard to find actual proof for your crash predictions. Only if we can be a 100% sure that the crash is coming we should inform other about it. If we don't have a proof and can't be really sure about it, it is going to be very hard to convince others. Also we don't want to be the reasons for others to lose money if they follow our trades.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: cheezcarls on February 13, 2021, 11:45:10 AM
This only means for Bitcoin and other cryptocurrencies to go even higher than ever. More financial institutions are getting aboard on the Bitcoin train. If fiat and stock market collapses, Bitcoin is going the other way around. It even surpassed gold right no in terms of price per ounce. There’s no way that they could take Bitcoin down anymore. Even if it plunges, it’s not like the horrible crash of 2018 anymore because of it’s market maturity and institutions are already going all-in on Bitcoin. It will always come back up again stronger than ever.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Argoo on March 17, 2021, 12:37:47 PM
Your title is confusing to me, are you saying there is a financial crash coming? Nevertheless I am a licensed investment advisor, and I can tell you none of us have any clue what's going to happen.  I'm not so sure why you assume that we would know, or that the government would know.  This is all completely undecided and will take many years to play out.  The dollar, the euro etc aren't going anywhere anytime soon.
Financial and economic crises happen periodically, but they do not lead to the disappearance of certain currencies such as the dollar and the euro. The dollar has already experienced many such crises and will survive. Crises like these are also useful in some way, as they allow the economy to be re-tuned and lead to a clean-up of the economy.
If there is a global economic crisis, and so far there is no complete certainty about this, then the cryptocurrency will grow in price, which, in principle, we are already observing. In general, I do not see any reason for panic yet.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: mezzaluna on March 17, 2021, 04:54:46 PM
This is always possible because we are living in a world where there is full of uncertainties and the only thing we are certain about is "change". This change can affect everything from fiat money and to our Cryptocurrencies. This collapse must always be on our minds but that does not mean that we should stop supporting Cryptocurrencies. This collapse can happen but that does not mean of leaving it behind because there are a lot of "What ifs" on those kind of situation like "What if its just resetting and readying itself for another bull run?" Although the use for cash will always be there but having to transition into a more digitized world in which we will use cashless transactions is a big step for our revolution into a better age which means the utilization of Cryptocurrencies will be better at that time so yes, we should stay alert but don't panic too much because all of our logical statements resting on our minds is possible.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: TheNineClub on March 17, 2021, 05:36:15 PM
I doubt anyone has the knowledge to know the definitive answer to any of those questions. Actually, it's not the knowledge but the complexity of the monetary systems that make it impossible to know exactly. However, all of those you mentioned, the dollar, the euro, and BTC are all ingrained deeply enough so that it is highly unlikely they would just crash and disappear at once. Nothing in our economic system is designed in that way. Can it happen gradually through a long period of time with enough of political and economic shifting? Sure, but not enough movement is going on to say that without a doubt.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: crzy on March 17, 2021, 09:10:54 PM
I doubt anyone has the knowledge to know the definitive answer to any of those questions. Actually, it's not the knowledge but the complexity of the monetary systems that make it impossible to know exactly. However, all of those you mentioned, the dollar, the euro, and BTC are all ingrained deeply enough so that it is highly unlikely they would just crash and disappear at once. Nothing in our economic system is designed in that way. Can it happen gradually through a long period of time with enough of political and economic shifting? Sure, but not enough movement is going on to say that without a doubt.
The market crash is inevitable in no time, there’s a lot of circumstances that affects the market situation and that can’t be prevented even if you hire a good economist to run a country, just look at the richest countries today, they are still vulnerable for the crash. If bitcoin market goes to a correction again, then that’s a normal scenario but its really hard to say when it will happen, the time will come and the life will be hard again if that happens this year.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: shoreno on March 18, 2021, 06:11:47 AM
Everybidy know this
i thought you didnt know yet because your asking but not all people knows that there is a crash coming but they are expecting in the opposite based on the positive effect that they feel right now .

But we i want to know what is after this ?
after the crash ? of course you will loose if your one of the investors that invest on that asset that crash . fiat is the most strongest currency i believe because they exist for so many years and what you did of converting your coins to stable coin is already a good preparation , you not need to worry anymore


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: lienfaye on March 18, 2021, 06:42:14 AM
We dont know exactly whats in the future but what im certain is fiat will remain as it is and bitcoin/crypto wont disappear suddenly as long as there are people believing and still supporting it.

Thus stop worrying yourself and dont make things complicated, instead go with the flow and think of something that can benefited you regardless of whats in the future.

Just take advantage the current situation and stop filling your mind of questions that cant help you to face the reality.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: adzino on March 18, 2021, 07:25:12 AM
Financial and economic crashes happen all the time. It's not like it is something new. Unless it is something really serious, the crashes are just short term and usually recovers really fast. Just like last year. Look at what happened to the economy due to the pandemic, but right now. It is very much stable.
And yes, when the economy of a country starts to crash, the fiat value also starts to drop along with the economy. When this usually happens, the price of bitcoin starts to increase. But you won't exactly know when this is going to happen.
Here is oeople who knows but they dont tell us ....
Former bankers finamce or goverment people tell us plz.
Or get out of this forum if u dont help your fellow forum users
Lol, not sure if you are being serious over here.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: arwin100 on March 18, 2021, 09:32:15 AM
Thinking about that can cause major stress since we shouldn't overthink on what will happen on financial system of the country since its a government job on how they run the economy. Just work hard to gain from various options and don't focus on single profit generator so that you will not worry about things, it will stress us out if we join the discussion about financial system.

Trust your government since I'm sure they know on what they are doin.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: fiulpro on March 18, 2021, 05:05:32 PM
Hello
Financial stability was never something which was going right , with the corruption and at the same time with the increase in the population, poverty, the sky rocketing Joblessness at the end of the day it was always there but all countries actually hide them somehow. The education is something that might have tackled the situation but then again do you know about the excessive student loans which caused the kids brain drain and ultimately they move to different nations. But yet all was not balanced and at the end of the day pandemic happened, which shook the whole situation to the core. Now the thing is :
There are no jobs
People are dependent on stimulus ( only some countries are giving them away and at too through debts )
Government is increasing taxes to tackle this situation
Education system is not only corrupted but also collapsing
Banks and stock market is like dancing in the fire , do not even try and get involved with them at the moment.

Everything is showing a red light and people are still being ignorant at the end of the day to preserve their integrity and somehow hide this and prevent all the stress. But this is a reality and now we have to tackle the situation.

We have to look for the jobs
We have to make sure that education is widespread
We have to make sure Government keeps a stable balanc between taxes and stimulus
We have to make sure that at least poor countries somehow get some help instead they be used by the rich Nations which is ironic.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: uray on March 18, 2021, 08:28:21 PM
Financial and economic crashes happen all the time. It's not like it is something new. Unless it is something really serious, the crashes are just short term and usually recovers really fast. Just like last year. Look at what happened to the economy due to the pandemic, but right now. It is very much stable.
The problem with the theory is that you cannot predict when these economic crises are serious until it hit them and if it was easily predicable everyone would have been cautious before the global financial crises hit. We are aware that the pandemic has created an economic slowdown and it further put economic burden for everyone and it will affect the economy in the short or long term and you cannot print money and overcome these and the speed of crises depends upon the economic policies they undertake during these hard times.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: AndySt on March 18, 2021, 11:39:47 PM
Financial and economic crashes happen all the time. It's not like it is something new. Unless it is something really serious, the crashes are just short term and usually recovers really fast. Just like last year. Look at what happened to the economy due to the pandemic, but right now. It is very much stable.
The problem with the theory is that you cannot predict when these economic crises are serious until it hit them and if it was easily predicable everyone would have been cautious before the global financial crises hit. We are aware that the pandemic has created an economic slowdown and it further put economic burden for everyone and it will affect the economy in the short or long term and you cannot print money and overcome these and the speed of crises depends upon the economic policies they undertake during these hard times.
I absolutely agree, all experts in this industry and just sensible people already see perfectly well that the global economy has been experiencing crisis phenomena for quite a long time, but thanks to the economic measures in the policy of quantitative monetary easing that the authorities of the leading economic powers are taking, it is possible to delay the crisis itself. Everyone is well aware that it is time to curtail quantitative easing, but they are afraid of the consequences for economic growth, and then there is a pandemic with lockdowns.


Title: Re: I wamt to know everybody know that collapse amd finamcial crash coming
Post by: Lorence.xD on March 19, 2021, 02:35:09 AM
The problem with the theory is that you cannot predict when these economic crises are serious until it hit them and if it was easily predicable everyone would have been cautious before the global financial crises hit. We are aware that the pandemic has created an economic slowdown and it further put economic burden for everyone and it will affect the economy in the short or long term and you cannot print money and overcome these and the speed of crises depends upon the economic policies they undertake during these hard times.
If you can't predict when will it happen then you better be prepared for it because the only way to survive that crash is if you are prepared and you can curtail the first waves because they are the worst part of the crash as people are still stumbling over as to what they should do. The only way I think that an economic crash is going to be prevented from happening is when the government stops overspending on stuff like military, increase taxes to high income individuals and businesses without any possibility of write offs, fund a task force for preventing money laundering, and increase wages for minimum wage job and at the same time increasing taxes.