Economic crash in 2019!

[tenebriscaelum]

I think that is the economy will crash it will crash not because of political or economical reasons but it will be because of natural disasters or war because both will be unpredictable and I believe that the unpredictable is the one that we should be careful about. Also it we should not worry about economic crash that is not happening what should we worry about is the inflation rate of each countries, as we speak there are countries that have a high inflation rate just this year alone specially with the third world countries and it is the ones that are affecting the economy because ordinary people will have a hard time managing their daily lives.

[nicster551]

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?



I mean just look at the house market here in the Netherlands. It skyrocketed so fast.

We can't really tell that. But I guess it would really happen since all supplies for resources in world are getting smaller and smaller. But there would be still  a solution for that.

[Gurjasmeet]

I think it is impossible to predict for future. although due to unstability of crypto currency lot of people feeling afraid. But unstability is a part of market.

[cellard]

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule

2008 was a worldwide crash and it was very real. Everything is cyclical and what made 2008 happen has not been corrected, we got out of there basically due massive quantitative easing. So we are just kicking the can down the road really. It's going to the ugly when 2008 part 2 happens, im pretty scared to have money in the bank, I think within the next 5 years something will happen.

Italy is out of hand and challenging the European Union, check the news. Some dude literally used his shoe to crush the papers of the EU budgets for Italy. Crisis is coming and Italy is no Greece. If Italy goes Greece then Spain and Portugal will follow and the EU will  have a massive crisis which will have an impact on the rest of the world.

[The_Tick]

Any idea of safety is an illusion. It's best to be prepared for the worst by not placing all your eggs in one basket and diversifying your assets. This is the one viable investment strategy and it always has been. Anything else is basically gambling. To feel you can be dependent on any one thing or person is foolish.

The only person you can blame for being affected by an "economic crash" is yourself. Study trends, follow the markets, read everything and connect the dots! If you're helping to make the good life more accessible in any step of the supply chain, (by using the latest technology and the internet now) you'll never have to worry about finances. Freedom is digitized.

[YinShuiSiYuan]

I think it is impossible to predict for future. although due to unstability of crypto currency lot of people feeling afraid. But unstability is a part of market.

If a group of rich people will care about triggering a crisis, it will happen. Such situations have already happened in the past. Sooner or later, the next crisis will surely come and it can not be avoided.

[trecore4]

Hmm, I studied the case but it doesnt seems to be changing many things, for example, there is no way people will choose BTC to invest their money into because thats gonna be the highest risk. The crypto will go down because of this reversal of investment and can put set back on it. It will take huge time to recover from this crisis situation and thus we will start with the crypto from very much bottom of it. Dont forget that many institutions are also investing in the BTC today and thus in the crisis time they will be the first one to get away with it. I guess people will choose more or less solid assets as safeguard.

[Lumi3004]

Or more interesting to hear with words: The economic downturn in 2019,
I also say and can be predicted from social media,
about the destruction of the economy this year almost all countries experienced the same thing. It can also affect crypto and investment, hopefully for the future of the economy in 2019 this is better.

[arpon11]

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?



I mean just look at the house market here in the Netherlands. It skyrocketed so fast.

I think the crisis has commenced as stock market is going down day by day.  We should be able to recover maybe in 2 years time.  This bearish market is seriously affecting cryptocurrencies market and even forex.  Trading is becoming less profitable for quite some time now and many people getting discouraging. Our leaders especially the political one should reduce the cost of governments and reinvest the proceed to the economic in other to revive it.

[Pab]

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?



I mean just look at the house market here in the Netherlands. It skyrocketed so fast.

There was a lot of crashes and crisis from 1972 even
My personal opinion is that last one didn't finish even
last crash was done to create more debt and virtual money
More and more debt more and more globalization and more  and more problems
Biggest i see are climatic changes
There are estimates that will be tornado nr 5 6 300km/hour wind can destroy all areas
That so strong win can appear for example in Persian Gulf
places like Dubai is not ready for that
Now imagine Dubai to become new Atlantyda

[zubrr51]

With the next global crisis, there will be more chances that the heads of countries will pay attention to cryptocurrency.

[Leyss]

The economic crisis can be in any year. Now the situation in the world is very unstable, and raw materials, products,
 even water is becoming a bigger problem. I do not think that investing in cryptocurrency will be a protective measure against the crisis. This should be done, however moderately. Each country has its own values. Buying a property is a good means of protection from the crisis. In my country with fertile soil it is also land. Most likely, you need to partially invest funds in various investment projects, the main thing is not to transfer your money to banks, they will quickly lose their value during the crisis.

[ongkok87]

With the next global crisis, there will be more chances that the heads of countries will pay attention to cryptocurrency.

yes it could be because with the government willing to adopt digital currencies such as bitcoin, future economic accidents can be overcome properly if countries want to pay attention and can receive crypto

[The Sceptical Chymist]

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

Heh heh, you're probably right about that, too.

Theymos just started a thread that's pretty much like this one.  I don't watch the news--are the pundits predicting a global economic crash or something?  Is there some really bad news coming out or rumors floating around about some impending disaster?  As I said in Theymos's thread, the stock market has taken somewhat of a beating in the past week, but I'd been waiting for that to happen for a while now.  It's not unexpected and not unhealthy for the market, but it also doesn't mean the economy is tanking.

I think the crisis has commenced as stock market is going down day by day.  We should be able to recover maybe in 2 years time.

What?  The Dow is still at 25,000 as I write this, and less than 10 years ago when we had our last financial meltdown it dropped to around 6000 if I'm not mistaken.  What's happening now is just a correction IMO and not anything more than that--and I also don't think it's going to take 2 years to recover from the relatively small drop in prices that we've seen.  Don't know what orifice you pulled that number out of.

Any idea of safety is an illusion. It's best to be prepared for the worst by not placing all your eggs in one basket and diversifying your assets.

I agree with all of that wholeheartedly.  Diversity is the investor's best friend.

[Fies7aa]

Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay.

[jcarlo]

Economic crisis always happen and maybe happen in 2019. The sign is already happen. In many country, commodities price already rising and most market in red. Hopely crisis not happen because many peoples will suffering

[wingsthegreat21]

If that happens our debt has more than doubled in one year from where it was back then. When you are in that much debt if you owe money to someone or some entity and when they want to collect, what do you do when you are already underwater? You implode. Listen folks, this doesn't take a rocket scientist. This country is going to see a collapse like they haven't seen since the Great Depression. If you look at the cost of living with the salaries that people are not making to equate to it, unemployment is higher than our government is saying.

[ganlianshifu1]

The next 20 years will be an era in which morality accelerates and the social environment deteriorates drastically.
For any country in the world, spiritual crises such as lack of faith and credit collapse are more serious and far-reaching crises than economic and political fields.

[AlphaGoo]

In fact, this is becoming a reality. There will be a global real estate crisis in 2019, but it should be acceptable, which is good news for cryptocurrency.

[roosbit]

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.

"Successful investor" you say, just in which industry? because as far as I know crypto is a whole different ball game and does not dwell on past experience,it's unpredictable! And just so you know such wild guesses are not the first and will not be the last either, we have seen and heard it all 

Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

If ever we experience an economic meltdown, why risk investing in cryptos which are labeled highly volatile when people will be panicking to sell off stable assets...