Are we really heading towards another financial crisis?

[meerkatoken]

We certainly do. On one hand econonmic history repeates itself just like history in general. Thats because the same people involved in both.

On the other hand there are concrete stories going on liek the US debt levels. The U.S. debt-to-GDP ratio is projected widen to some 120% by 2023. According to the latest data from the International Monetary Fund, the U.S. will also place ahead of both Mozambique and Burundi in terms of the weight of its fiscal burden. By 2048, as ROI rise from current low levels and as debt accumulates, the federal government’s net interest costs are expected to be more than double as a percentage of GDP.

And this is just america. Many european countries are in truble as well. Crysis is coming for sure.

[1715220996]

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[oriontab]

Another financial crisis is inevitable, US for example (great as a country) keep having its national debt mounting, keeps printing paper as money,eventually the 'bubble' will burst and the world will be affected.

[oriontab]

We certainly do. On one hand econonmic history repeates itself just like history in general. Thats because the same people involved in both.

On the other hand there are concrete stories going on liek the US debt levels. The U.S. debt-to-GDP ratio is projected widen to some 120% by 2023. According to the latest data from the International Monetary Fund, the U.S. will also place ahead of both Mozambique and Burundi in terms of the weight of its fiscal burden. By 2048, as ROI rise from current low levels and as debt accumulates, the federal government’s net interest costs are expected to be more than double as a percentage of GDP.

And this is just america. Many european countries are in truble as well. Crysis is coming for sure.

The funny thing about this is that the economy is being handled by the 'best hands in economies'. It may just means the world is ready for a decentralized economy.

[Ranly123]

What are the odds that we are really heading towards another financial crisis?

We have every indication to believe that after a 10 year bull run on the stock market, it is time for a collapse. Also due to the fact that this has been a phony recovery enabled mainly through government bailouts, massive depths and money printing we have never seen in history before.

A new financial crisis is likely the result.

I have every reason to believe this and feel the crisis in 2008 was only a light taste for what is coming. This time many governments will not be able to save the failing businesses or banks due to their massive depths.

It is just a logical result after years of quantitative easing (money printing) in combination with creating record high depths that we have never seen before, especially in the US but also many other countries.

Do also some research on the Great Depression and you will find striking similarities to where we are now. Artificially low interest rates for years, inflated stock market and a recently started trade

Financial institutions are aware of these risk and look for alternative asset classes in case the stock market collapses and we head into a bear market and financial collapse.

What are your thoughts on this?

I guess only financial expert or economist know about what is happening in our economy. And all I do know is to live my life as if there is no crisis coming or whatever your fear maybe. As long as I can still earn and save for the future of my children then tamhat should not matter at all.

[charlzyeby]

The digital currencies are gradually becoming a burden for the banks. Telecos are even offering better financial services than banks do in some countries. This is obviously getting the banks out of work and cryptocurrecies might be the best go-to option should any financial crises hit the world.  

[Vaculin]

No, I don't think so because I can't see any strong pieces of evidence for proving that another financial crisis is going to come soon in coming months or years of trading. But yes, i have a technical analysis table of W.D Gann where it is showing that 2019 is the year or another crash in the financial market but we can't blindly believe on it, and i believe on facts, figures, and impacts of the market sentiments.

I believe so.Everything will really come to an end in perfect time.But i don't think it will happen this year.So the best thing we can do is to focus on our investments,make them grow so we can reap with big gains from them in the nearest time possible.We don't have to fear since some of them are only fuds that are used to destruct bitcoin and blockchain technology since from the start.

[Nellayar]

Looks like I am now suffering the financial crisis right now because of the law that my government implemented through their citizen. Financial Crisis goes on when econony turns down. Apparently, we are just amidst of it since recession is what happening from lot of countries right now. Though we are in a technological era, we cannot solve this crisis because of limited sources. In addition, population becomes bloated plus the disasters happening to us, this will for a totally despair of the economy to stand up again.

[hatshepsut93]

The market always have cycles, so you can be 100% sure that at some point in the future there will be a global economic crisis. Also, individual countries quite often have their own boom/bust cycles. What is important in these kinds of predictions is timing, there are people who have been predicting the next crisis almost every year and obviously they were wrong. In my opinion the next crisis is most likely to happen within next 4 to 8 years.

[hxtop]

The whole world is borrowed high and they are all interconnected. The crisis in one country will affect others in the same way. Experts constantly warn that the world is on the verge of a major financial crisis and it will be hard to overcome.

[G2z_Riya]

As in the above quote each and every country is a borrower and no country has got a self satisfied or a proper financial plan within the earning. Upon this, there is no more a financial crisis, all that we traveling through is the financial crisis. Importantly now bitcoin has been a supportive platform for people to get rid of the crisis. Countries adopting it will also feel the same.

[marites]

Since then that they said that financial crisis is coming. I think that every year were facing to a financial crisis .
So we must glad that thru bitcoin it helps some people from suffering financial crisis.

[Gaaara]

The market always have cycles, so you can be 100% sure that at some point in the future there will be a global economic crisis. Also, individual countries quite often have their own boom/bust cycles. What is important in these kinds of predictions is timing, there are people who have been predicting the next crisis almost every year and obviously they were wrong. In my opinion the next crisis is most likely to happen within next 4 to 8 years.

That's true crises are inevitable and everyone should expect it to come sooner or later, there is an economic cycle that cannot be adjusted its balance the way it is it will always happen and cannot be prevented the only thing we can do is to lessen the length of the crisis and cooperate with the community, I don't see of anyway to prevent it but reducing the duration would much more likely to be possible.

[AndreaPhillips]

I think the world is having a financial problem

The warning of the financial crisis in the world is not groundless. The 10-year crisis period: The previous East Asian currency crisis also occurred in 1997-1998; The most recent global financial crisis and recession occurred at the end of 2008.

One important factor is the loosening of the monetary policy of many of the world's leading economies on a large scale over a long period of time and on a large scale. The huge economic stimulus packages (QE), up to tens of trillions of dollars, are being introduced by large countries for several years (with water coming QE3). The basic interest rate has fallen sharply, to a very low level (almost zero for quite a long time, rising gradually for more than a year, but at a low level, far lower than before the crisis).

The warning on the world financial crisis was also based on factors such as the loosening monetary policy that pushed inflation back up, stocks rebounded, asset bubbles formed ... The Trade protectionism tends to return, perhaps even to trade wars.

[nealdlover]

What are the odds that we are really heading towards another financial crisis?

We have every indication to believe that after a 10 year bull run on the stock market, it is time for a collapse. Also due to the fact that this has been a phony recovery enabled mainly through government bailouts, massive depths and money printing we have never seen in history before.

A new financial crisis is likely the result.

I have every reason to believe this and feel the crisis in 2008 was only a light taste for what is coming. This time many governments will not be able to save the failing businesses or banks due to their massive depths.

It is just a logical result after years of quantitative easing (money printing) in combination with creating record high depths that we have never seen before, especially in the US but also many other countries.

Do also some research on the Great Depression and you will find striking similarities to where we are now. Artificially low interest rates for years, inflated stock market and a recently started trade

Financial institutions are aware of these risk and look for alternative asset classes in case the stock market collapses and we head into a bear market and financial collapse.

What are your thoughts on this?

The financial crisis is shaking much publicity. I think the world is really going downhill, the United States and the United States are in a trade war that affects so much of the surrounding world.
So this happens, of course, and investors in Crypto have to move to the stock market to consolidate some of the business.

[coinplus]

What are the odds that we are really heading towards another financial crisis?

The system is doomed for crisis eventually ever so often but it doesn't mean it needs to be right now. I mean it will be one day but we will never know if it will be tomorrow or 5 years from now. However with the "making money with money" sector continues, there will never be no consistency with this type of bull runs. If it goes up, than it needs to go down in order to get bigger again, it can't go up forever.

Even new revolution and then new employments are happening in lesser numbers now a days, self employment due to lots of other things like blogging, youtube channels and crypto related employments and freelancing works are happening everywhere which will be more than enough things to postpone the another economical crisis. In my view, self-empowerment is happening right away around the world and cryptos are helping to that at the best.

[IfixTchenTchen]

There cannot be any doubt about the fact that we are heading toward a new and BIGGER financial crises, one which could seriously jeopardize the Whole world's financial system. Nobody can tell how it will be, except that it will be really ugly.

[tokenlife]

If we will get into a fiancial crysis then crypto will be a preferable storage of value. But the resutls of crysis could be various as far as we undrestand that it might have huge effect on local economies and currencies.

[Financial Freedom 4U]

The thing with these massive legacy bubbles is that they can keep swelling for many more years, so it's pretty damn difficult to call the pop, but it's only a matter of time in the end.

The only thing I recommend people is to hedge the legacy economy as soon as possible to secure a great part of your wealth. Better safe than sorry.

Bitcoin is the perfect tool for that with how it's easy to obtain, easy to spend, and easy to store, where with Gold you either buy into a paper certificate (which is a worthless piece of paper in my opinion), or you buy the precious metal in physical form that will very likely end up in a safe deposit box within the nearest bank office. I'm obviously biased towards Bitcoin, but people should do what they think is right. If you believe Gold is the better option, then go for it, just make sure you actually do it.

I agree it is very hard to determine when the bubble will pop but eventuall it is unevitable as this can‘t be sustained forever. You mentioned that you recommend people is to hedge the legacy economy. Do you solely refer to the cryptocurrency world or do you advice to actively bet on the legacy markets, for instance going short on the Dow or other indices that represent the legacy economy?

[timerland]

Depends on what you consider as a financial crisis.

But really, after a long period of economic growth there will always be troughs. That's how the cycle goes. Even if you don't see the immediate reason for concern, a financial crisis will occur sooner or later. That's what comes with periods of growth without corrections.

I don't know when the next one is going to come, how large the scale is, or even what causes it. But it'll most certainly happen in one form or another, whether hyperinflation, a recession, or anything else. That's why I think it's very important to hedge your assets by investing in an independent decentralized currency, like bitcoin, especially in a scenario where fiat is depreciating overnight on a daily basis.

[lungu113]

In life there are an ups and downs situation that we faced which we need to solve and it's also the same in this industries. We are not heading towards financial crisis.