tenebriscaelum
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August 07, 2018, 10:46:45 PM |
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What makes you think that gold and cryptos will be a safe heaven? What if all financial assets (digital and non-digital) are hit by the crysis and their prices crash? During the great depression there wasn't any safe heaven asset that will maintain a stable price. The big crysis will first hit countries like Italy,with their huge goverment debt and problematic banks.
Countries with billions of trillions of dollar in debt will be the ones who will be hit the most if a financial crisis takes place. And people will find other ways to salvage what asset they have and find a safe haven like gold or cryptocurrencies and the first one to get or the first user will be the ones that will benefit the most as assets will flow like crazy into these markets.
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hastang
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August 07, 2018, 11:05:53 PM |
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I think you are worrying too much mate! Crisis can't be seen in the economy today. There may some problem in a financial institution but it does not need it goes to the crisis. Nothing is perfect dude so expect that the institution will fix those small holes in their system.
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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August 07, 2018, 11:22:59 PM |
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Are you a prophet or something? There is no guarantee that a global financial crisis will occur. Only that could happen if people will become lazy and the government would not do things to avoid crisis on financial institutions.
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pitiflin
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August 07, 2018, 11:53:20 PM |
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
The crisis can be any time from now. Trade war is going on China, Kim Jong Un has had meetings with Trump, Iran in on the verge of getting destroyed and a lot of shit. There is also recession everywhere, with increasing number of assholes in this world. Governments themself don't know what they are doing and possibly all this could turn into a huge and the biggest World War we have ever seen. The World isn't a good place and then there are people doing #kiki challenge.
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Sadlife
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August 08, 2018, 12:09:47 AM |
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This industrial monarchy of bankers will soon come to an end when people find out how great free currency is, bitcoin will become the new modern main stream currency available to be use for merchants, institutional investors and average joe's. It will be the savior from exploit, oppression from banking institutions.
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Haoque89
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August 08, 2018, 02:14:08 AM |
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The global financial crisis last occurred in 2008 with the US crisis that has fueled the headline inflation economy with major unemployment due to the leadership of the OBAMA that has helped the economy. quick recovery
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Cristopherus (OP)
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August 09, 2018, 12:00:51 PM |
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If you know how the world works, our great leaders will do all they can to keep the economy going, even if it means sacrificing some of the population. What revives the economy? War. It helped Germany when it was in a crisis, it gave people a purpose. The pattern is always the same: 1. find a scapegoat (the Jews, the Vietnamese, the Iraqis) 2. use the media to set people against them and justify military action 3. attack and watch the industry kick in 4. steal what you can from the country 5. count the profits.
I'd say with the current age of information it's way more difficult to find a scapegoat unless it's something like DRPK. I hope people would become way more pacifist someday. As for keeping the economy going, unfortunately govts would probably bail out most banks, but that still means we'd be in for a major shakeout. Just look at how small of a spark globally was the american market in 2k8, i think with how much debt we've amassed, the crisis is inevitable and it's going to be sooner than most project.
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Nikola95
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August 09, 2018, 01:17:52 PM |
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Everything is possible. But I want to believe that banks and governments at first place have learned from they're past mistakes. I am more afraid of trade wars betwean some countries which could go global. We see that sanctions are being used as a political metod. All this China-US , than US-EU-Iran, US-EU-Russia things, could reach point of no return.
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KonstantinosM
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August 09, 2018, 01:52:07 PM |
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There will be a new financial crisis and it's going to be soon. In less than 10 years soon. The housing bubble of 2009 is going to repeat, as can be seen from house prices.
Also there is a car loan bubble.
So we're in double trouble!
Put your money on Bitcoin on the double.
And then there is the incoming realization that climate change has irreparably lowered our future ability to produce food on planet earth. This will be self-evident to everyone in a couple of years. At this point, most climate change deniers will act as if they knew climate change was real all along.
These 2 things happening simultaneously (financial & ecological crises) will not be good for any of us. But bitcoin, if it can scale and become more private (lightning network & CoinJoin) will be awesome to hold.
Alternatively if the lightning network isn't ready, bitcoin could go from the moon right back down to earth and in spectacular fashion.
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Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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BalComments
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August 09, 2018, 01:58:49 PM |
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Nobody knows when the next crisis comes but it's good to have your money in different assets like gold, silver or even cryptocurrencies.
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tintinbongs
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August 09, 2018, 02:15:38 PM |
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A worldwide period of economic difficulty experienced by markets and consumers. A global financial crisis is a difficult business environment to succeed in since potential consumers tend to reduce their purchases of goods and services until the economic situation improves.
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RandyGamage
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August 09, 2018, 02:18:19 PM |
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Western world is in crisis since 20 years now, Within next 20,30 years they will have to hand over the global power to Aisa. specially china. so that's not big deal that we can see crisis .
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Elwin_Dog
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August 09, 2018, 03:10:30 PM |
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There will be a new financial crisis and it's going to be soon. In less than 10 years soon. The housing bubble of 2009 is going to repeat, as can be seen from house prices.
Also there is a car loan bubble.
So we're in double trouble!
Put your money on Bitcoin on the double.
And then there is the incoming realization that climate change has irreparably lowered our future ability to produce food on planet earth. This will be self-evident to everyone in a couple of years. At this point, most climate change deniers will act as if they knew climate change was real all along.
These 2 things happening simultaneously (financial & ecological crises) will not be good for any of us. But bitcoin, if it can scale and become more private (lightning network & CoinJoin) will be awesome to hold.
Alternatively if the lightning network isn't ready, bitcoin could go from the moon right back down to earth and in spectacular fashion.
Yeah that car loan bubble has been kind of swept under the carpet. Not one will see that one coming. I don't think it could have as bad of an effect as the subprime mortgage did in 2009, but if the two trigger together, then we'd see it even worse. The difference now is that the banks can't bundle these loans up as AAA anymore. So there won't be as wide-reaching of an effect. But there could be something else that we didn't see coming. Maybe these loans are all tied to our individual accounts and we'll have to "bail in"
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CustomDeath
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August 09, 2018, 03:40:00 PM |
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Lucky you, my country has been on a crisis for the last 10 yrs and it did not need any school to get there.
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@boy76et
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August 09, 2018, 03:49:44 PM |
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There could be a possibility. But hard as well to predict whether when will it happen.
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Nisharawal
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I am no stable coin. to the mooonn.. and back
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August 09, 2018, 06:41:26 PM |
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Only time can prove the Gobal financial crisis because some cycle says that we are already in the gobal crisis period and we would see a global crisis soon and some say it will be come in next 2 years, but i don't think it is to come in coming 4 years of time span in all over the world. Unites states might be in little bit of panic moe but other countries like India, japan are experiencing their best economical market conditions righ now and its going to continue for another few years.
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celtic99
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August 09, 2018, 06:54:31 PM |
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Stocks are overpriced in relation to their cost and earnings, it looks like there will be a very large collapse soon. There is a lot of speculation that this crash will be much large than the one back in 2008.
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batang_bitcoin
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August 09, 2018, 09:50:18 PM |
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I have watched the news and a country has reached its highest inflation for the past 5 years and I guess this is a hint. Everything that we are using and consuming are into bubble. How long do you guys think we have until we face the next crisis?
I'm not good at economics but we're seeing signs and good thing that we jumped earlier to crypto's while we didn't saw this coming before.
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Rent this sig space so that BTC goes to $100k.
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jcarlo
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August 10, 2018, 12:39:05 AM |
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Economic crisis always repeating because central banks always creating inflation to boost growth. Our monetary policy never change and its cause economic crisis. Right now, in several country already on crisis because america policy about interest rate and currency value drop.
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narielle
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August 10, 2018, 01:07:52 AM |
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I doubt if one can predict the exact year of a global financial crisis. What will happen is they will be events that will take place that will gradually lead us to a financial crisis that by the time they will be an actual crisis, we would not even need a crisis forecast to inform us. Are these events already happening? Yes, of course!
It can be predicted or anticipated. There are economist that analyze the current situation of economy. As we know that there is an economic cycle which and we can conclude where financial crisis goes on. Economic stability does not exist, it always destroy by economic disturbance. As much as possible, we should be ready of this scenario so that we can save our money. And as a citizen, knowing of economic growth is important.
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