One of the International Monetary Fund's top officials warned on Tuesday that storm clouds were gathering over the global economy and that governments and central banks might not be well- equipped to cope.
www.reuters.com/article/amp/idUKKBN1OA0SGThis is good news for crypto in general.
That's not news. Should there be a global economic downturn, the central bank would be naked, as they are still printing a lot of money, even though they have begun to reduce them and raise interest rates like the Fed. But for a "boom" phase, the interest rates are way too low to have effective tools in a crash. Should a crash occur it will be worse than 2008 and 2009 and cryptocurrencies will experience a new boom.
is it !
it will boom again?
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