Financial Crisis Will Come

[bitbunnny]

Nowadays, it is very hard to earn money. One of the saddest part of being an employee is your company cannot afford to five your salary so you will be fired by them. I know I am lucky because it did not happen to me. But knowing that there many people who can't afford buying anything they need to survive is such a heart break.
While the Government is trying to find funds for those helpless, it is also a heart break that a country's debt is multiplying.

That is case in mamy countries. Governments try to help but their sources of money are also limited despite the loans and similar and businesses are strughling to service. They are trying to cut all expenses they can and very often that applies to employees too.
Yes, good decent paid job will be harder and harder to find and I'm afraid we are not even at the begininig of real crisis.

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[hahay]

It is very possible that the financial crisis will come and the world economy is a struggle for a few years. This crisis is exacerbated by coronavirus infection. The coronavirus epidemic has made people economically weak and has become economically weak by spending their savings and investments. A lot of people have lost their jobs in this economic crisis. Over the past few years, every economic sector has been facing losses and due to the coronavirus, certain economic sectors have been plunged into a special crisis and a number of financial institutions have gone bankrupt. There is a huge potential for a financial crisis in the world economy due to people losing their ability to invest and this crisis is likely to be prolonged if strong economic plans are not adopted.

Yes, the crisis will come and go but this year it is getting worse because the virus has a very big impact on the collapse of the world economy, no country is ready to face a situation like this so of course the collapse of the economy is inevitable. But basically if this virus really goes away it is actually enough for the economy to slowly recover, because even though there is always a crisis that occurs in several sectors but this time it is a crisis that is not even just a financial crisis because this pandemic is gnawing on many sectors that there so that the handling does require time that is not fast.

[Janation]

In situations of economic crash, it is smart to adapt and switch to means that will provide easy ways of patronizing other services and items without having to spend much money. It is not always a matter of waiting on the governments to bring solutions. There are many online jobs available for those who permanently or temporarily lost their jobs during corona virus outbreak.There are also other means of selling and buying using cryptocurrency and other forms of digital money or even barter trading with neighbours (this must be done with precautions because of COVID-19)

I don't think that is a good solution.

Not all of us have a cryptocurrency and not all of us will be able to accept and use it as payment. Not just because they do not know how will they use it but because only a few of the stores or merchants accept it. Though it is really a good time for people to adapt and use the means that we have the internet, there are convenient and better ways to earn using that.

[Freeesta]

I think the financial crisis will come. This will happen due to a pandemic. This crisis will affect many countries. But this is just a crisis. It can be overcome after a while. Of course, bitcoins will always be expensive. I think this is a great investment. Perhaps bitcoins are more reliable than gold.

[Heart18]

And here comes the financial crisis now...because of this Pandemic, thousands of people lost their jobs, and some businesses had closed, Health and psychological problems brought the economy down. We just hope that it will be over soonest so that we can freely do anything to revive our country's economy.

[Bezobraznike]

And here comes the financial crisis now...because of this Pandemic, thousands of people lost their jobs, and some businesses had closed, Health and psychological problems brought the economy down. We just hope that it will be over soonest so that we can freely do anything to revive our country's economy.

    Many people talked about this, what else could have happened if not this, after closing almost everything! Heart18 we can
only hope for the best, but I am not optimistic about reviving economy. Second wave is coming, news are not good, and by
some talk on the TV they thinking about closing everything again! For now that's only a option, we need to wear masks and
keep distance, but if numbers start rising again they will shut down everything again. After that it will be hard for many people,
and economy in some countries will fall apart!

[Zackgeno96]

Nowadays, it is very hard to earn money. One of the saddest part of being an employee is your company cannot afford to five your salary so you will be fired by them. I know I am lucky because it did not happen to me. But knowing that there many people who can't afford buying anything they need to survive is such a heart break.
While the Government is trying to find funds for those helpless, it is also a heart break that a country's debt is multiplying.

That is case in mamy countries. Governments try to help but their sources of money are also limited despite the loans and similar and businesses are strughling to service. They are trying to cut all expenses they can and very often that applies to employees too.
Yes, good decent paid job will be harder and harder to find and I'm afraid we are not even at the begininig of real crisis.

As the economy reopens around the world we are starting to enter the era of financial crisis, already before the corona virus spread the experts were saying that there is going to be a financial crisis in the near future and now due to COVID this fire will spread on an even faster pace then ever before as a lot of people have lost their jobs, businesses are shutting down and there is increased Border tensions around the world, all of these factors will have its impact on the world economy and thus the start of financial crisis.

[raidarksword]

With lots of bad happenings this year, we could conclude a financial crisis we are experiencing right now especially to the pandemic brought by corona virus that every country are suffering right now and world economy is in verge of collapse if none action will be taken. Many people loss their jobs and business establishments are closing down as well because of the threat of the virus and government are finding ways to cope up this crisis and to support citizens as well. I believed that this crisis will continue whole year not unless vaccine is surely be developed to put end of this pandemic and to return to our normal life again, get our jobs back and re-build our world economy.

[peterurb]

I don't think, that crisis will come. FED will print more money and everything will be again back - "working". Only money will lose value. But there is not enough people who are interested in it and will want to change the system, cause it is some-how working. But sometimes will be the system changed.

[mezzaluna]

This topic is made relevant right now. Due to the fact that the world is facing a Pandemic and some third world countries are not able to mitigate the damage done on their economy, it will really take a toll on their financial resources. I doubt that some countries will really recover within the next two years due to the fact that some countries are still in debt even before the pandemic came.

[zhelis74]

This topic is made relevant right now. Due to the fact that the world is facing a Pandemic and some third world countries are not able to mitigate the damage done on their economy, it will really take a toll on their financial resources. I doubt that some countries will really recover within the next two years due to the fact that some countries are still in debt even before the pandemic came.

Unfortunately, what so tragic about this crisis is the disproportional effect of our service workers, low income, low salary wage, minorities and skill service. Sadly, study shows more of the women are affected than men in job cuts. Thus, the government sees this problem and have they address it correctly? I'll just hope the crisis will end soon faster that I expected.

[imstillthebest]

This topic is made relevant right now. Due to the fact that the world is facing a Pandemic and some third world countries are not able to mitigate the damage done on their economy, it will really take a toll on their financial resources. I doubt that some countries will really recover within the next two years due to the fact that some countries are still in debt even before the pandemic came.

Unfortunately, what so tragic about this crisis is the disproportional effect of our service workers, low income, low salary wage, minorities and skill service. Sadly, study shows more of the women are affected than men in job cuts. Thus, the government sees this problem and have they address it correctly? I'll just hope the crisis will end soon faster that I expected.

why women were affected than compare to men in terms of jobs ? it depend i guess if the company want to limit or to totally close the company all genders are going to get affected  .

 few business are still open but those business are not heavy duty and women are the one that is more capable to work on it  .  salary wage will depend on the country too , if poorer countries we can expect that pay is also small but this is already a problem before covid came   .

[Ronaldcoin2017]

Financial crisis will surely come this year or even it will also come next year, if we are going to take a look at the effect of the virus it is clear that it is more than worst, in my country the year 2021 budget is now really affected so i believe that the crisis will come, we need to help each other for good and we need to be more patience and stay at home so that the virus will stop spreading and we can back to normal life.

[Serco]

financial condition in corona pandemic very different with before pandemic, many manufacture industry stop their operation and unfortunately they must laying off some of employees. much people be jobless now and its be hardest condition when they laying off and there is no job vacation again due many company prefer to decrease their employees. government now working hard to make this situation be better, they set new rule for new normal so every one could work to earn money.

[Ozero]

I don't think, that crisis will come. FED will print more money and everything will be again back - "working". Only money will lose value. But there is not enough people who are interested in it and will want to change the system, cause it is some-how working. But sometimes will be the system changed.

If governments begin to print more money and national paper money depreciates, this is called inflation, and it is it that is a sure sign of the onset of the global economic crisis. Now the economic situation in most states continues to deteriorate, despite the peppy statements of some states, such as the United States, that
that they can quickly rebuild their economies.
If another wave of coronavirus spreads and some countries are forced to return to strict quarantine measures, it will be safe to say that a global economic crisis is inevitable.

[glowing10]

I think the financial crisis will come. This will happen due to a pandemic. This crisis will affect many countries. But this is just a crisis. It can be overcome after a while. Of course, bitcoins will always be expensive. I think this is a great investment. Perhaps bitcoins are more reliable than gold.

I have started to feel the financial crisis is already being in. There are quite a few shops which I know which were on rental have started to close it because they do not have money to pay those rentals now as there was no business from past 3 months. People have started to work from home and close their shops or to wind up their business as it is no more profitable or cannot pay the salary to their emphasis. this is all sign of the impact how economy may fall in coming months.

[Alt Coiner]

Establishment commentators tend to blame every financial crisis on the "bad luck" of a whole host of factors coming together to create a "perfect storm."  What they "forget" is that the incentives of the modern system always drive the elites themselves to destabilize their own system.  Not sometimes.  Not most of the time.  Always.

                                                                                                                       --o--o--o--

So the long view reveals the truth.  And the truth is that you can't escape the perverse incentives that make individual members of the elites want to profit or prop up the system today by storing up even more trouble for future elites.  These incentives come directly from the system's core nature of theft and deception.

If we listen to mainstream economists, the reason for recurring crises is that, for some reason, people just want to keep losing money.  They keep chasing risky assets whose high values have nothing to do with being propped up by state-bank-elites.  Right.

This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!

For what it's worth, more often than not history basically repeats itself. The graphs and charts of past events do not lie, and there are signs everywhere.  And as we always say here in crypto, those who had done their research will inevitably be in a better position to decide on any of their present and future financial investment plans.

[azarharus]

I think the financial crisis will come. This will happen due to a pandemic. This crisis will affect many countries. But this is just a crisis. It can be overcome after a while. Of course, bitcoins will always be expensive. I think this is a great investment. Perhaps bitcoins are more reliable than gold.

I have started to feel the financial crisis is already being in. There are quite a few shops which I know which were on rental have started to close it because they do not have money to pay those rentals now as there was no business from past 3 months. People have started to work from home and close their shops or to wind up their business as it is no more profitable or cannot pay the salary to their emphasis. this is all sign of the impact how economy may fall in coming months.

I hope it will only restore and recover from now on since many countries do open doors up, people are allowed to go anywhere in masks mostly.
So it can prevent the rest of opened businesses to remain where they are at least

[chikading2016]

If we are going to put basis on the pandemic, i am sure that we can say that there will be an incoming finanacial crisis, i believe that the effect of the pandemic is worst and we can maybe still feel the crisis next year, we need to be more practical and patience this time for we can help the government solve the pandemic.

[BigBos]

If we are going to put basis on the pandemic, i am sure that we can say that there will be an incoming finanacial crisis, i believe that the effect of the pandemic is worst and we can maybe still feel the crisis next year, we need to be more practical and patience this time for we can help the government solve the pandemic.

the financial crisis really happened at the beginning of this pandemic. at present, it seems that my country has adopted a number of policies so that economic activity has almost stabilized. to be honest, nowadays people see COVID-19 as something ordinary, just by using a mask, and social distancing, it can be avoided, so they thought. however, the government is currently trying to keep the crisis from getting worse.