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Author Topic: Economic crash in 2019! RE.1  (Read 519 times)
Fies7aa
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October 26, 2018, 04:49:18 PM
 #1

https://bitcointalk.org/index.php?topic=5056083.0

I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses.

The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy.

I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay.

Just look at the stocks at a yearly basis its going DOWN. I'm not here to put propaganda but I'm just telling the facts. What is the government going to do about this? Simple they blame hardworking people like you and me and say that we have to pay it back. This has been going on for over decades. We either pay directly or indirectly its a cycle and most of the masses just go along with it.

When I went to school (I dropped out due private reasons) There where teachers getting fired simply because they could not afford it.

Its happening. Diversify your investments and make profits in the future. Where BTC will stand when this happens I do not know. Maby people see it as a safe investment and it will got up when shit hits the fan or visa versa. Only time can tell. But I suggest to do your own research and not to listen to the NEWS like many do.

Connect the dots and think ahead.
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October 26, 2018, 05:37:01 PM
 #2

Hey pal. How you been?
Have you heard of Lakhta center or Olgino?
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October 26, 2018, 05:46:33 PM
 #3

Hey pal. How you been?
Have you heard of Lakhta center or Olgino?

No I have not what about it? If you mean regarding the economic in Russia, I have said in my previous post that Russia has been doing better. One reason is they buy gold every year. Lots of them.
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October 26, 2018, 06:44:35 PM
 #4

It's been instilled in the minds of people for over 3 years now, and yet there aren't any major events that could be the tipping point of the economic crash. It's not that I'm saying that it's not gonna happen, but how many times have we faced the similar scenarios and circumstances and have come out triumphant from these ordeals? While I do believe that the next economic crash is due to the implosion of over-leveraged assets, recession would be the first step and everything will come in after that. Good thing I've already started out investing in crypto-assets and a little in gold, and I'm pretty sure that I could wait out the next crash if it indeed happens in 2019.

 
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October 26, 2018, 07:20:05 PM
 #5

https://bitcointalk.org/index.php?topic=5056083.0

I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses.

The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy.

I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay.

You may be right, but be careful shorting the stock market. It can rebound very quickly. I won't be surprised if this ends up as a flat plateau like the 2015 correction.

Regarding the job market.....job growth is slumping but unemployment in the US is actually the lowest it's been since 1969. 3.7% is quite low. Also, average hourly wages have risen 3% year over year. I wouldn't say the productive economy is in dire straits quite yet. I would expect continued downside overall though because stocks were previously in a speculative frenzy and disappointing earnings/revenues reports have catalyzed a strong correction.

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October 26, 2018, 07:48:41 PM
 #6

I don't think. You know about these economic cycles that repeat every 5 or more years. It rather will not be the collapse that is going to catch us in not that far future, it is just another bottom of the cycle. It's just fine. Don't worry guys.
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October 26, 2018, 11:31:54 PM
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 #7

https://bitcointalk.org/index.php?topic=5056083.0

I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses.

The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy.

I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay.

You may be right, but be careful shorting the stock market. It can rebound very quickly. I won't be surprised if this ends up as a flat plateau like the 2015 correction.

Regarding the job market.....job growth is slumping but unemployment in the US is actually the lowest it's been since 1969. 3.7% is quite low. Also, average hourly wages have risen 3% year over year. I wouldn't say the productive economy is in dire straits quite yet. I would expect continued downside overall though because stocks were previously in a speculative frenzy and disappointing earnings/revenues reports have catalyzed a strong correction.

Job unemployment is low that is true, but nearly 50% of the people don't even earn 30k a year. Everything is getting more expensive. Rent, car payments, food ect. This is not 1950 where you could buy a 4 bedroom home for 29k.
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October 28, 2018, 12:39:16 AM
 #8

https://bitcointalk.org/index.php?topic=5056083.0

I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses.

The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy.

I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay.

You may be right, but be careful shorting the stock market. It can rebound very quickly. I won't be surprised if this ends up as a flat plateau like the 2015 correction.

Regarding the job market.....job growth is slumping but unemployment in the US is actually the lowest it's been since 1969. 3.7% is quite low. Also, average hourly wages have risen 3% year over year. I wouldn't say the productive economy is in dire straits quite yet. I would expect continued downside overall though because stocks were previously in a speculative frenzy and disappointing earnings/revenues reports have catalyzed a strong correction.

Job unemployment is low that is true, but nearly 50% of the people don't even earn 30k a year. Everything is getting more expensive. Rent, car payments, food ect. This is not 1950 where you could buy a 4 bedroom home for 29k.

It's true that an abnormal portion of the economic growth in recent years has been purely in the financial markets. Wages have remained mostly stagnant as costs of living continue to skyrocket. You're right that this sets up a "house of cards" scenario, because over time consumers are becoming increasingly saddled with debt. Once consumer defaults rise (inevitable with rising debt) and banks tighten up credit standards again, it could create a snowball effect that catalyzes a financial crisis.

It's sort of like the question of earthquakes in California. Scientists know "the Big One" is coming, but predicting when it will happen is proving impossible.

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October 28, 2018, 04:29:54 AM
 #9

We must know that the economy can be considered to be manipulative, but it is precisely because the financial crisis is unpredictable. When it comes, it is like a demon that swallows hundreds of billions of dollars.

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October 28, 2018, 06:45:19 AM
 #10

The oil prices are going up and this will decrease the economic growth of many countries that are dependent of the oil import.There are almost 11 years,since the last major crysis and the economy cycle will repeat  for sure.I don't know where you live,but having hospitals to bankrupt is ridiculous.
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October 28, 2018, 11:06:25 AM
 #11

It's still unclear what influence a global economic crash would have on the crypto market, unlike traditional markets where it's very evident. I agree that economies the world over are exhibiting tell tale signs of an impending crash but I don't think that the market is fully ready for such a crash. The largest crashes normally come when people are not expecting them and when all economies and sectors are booming, right now there is still too much strife. I suspect we'll have a small scale crash but that the economy will quickly recover to a positive note for a further 5-10 years before we have another 07/08 sized market crash.

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October 28, 2018, 11:27:12 AM
 #12

I have never felt comfortable shorting a market going through bullish momentum, and definitely don't feel comfortable shorting the stock market right now, even with how insane US stock valuations are.

Current stock dip could very well turn out to be THE dip to accumulate more before the price rushes up further. The fact that there is so much money in circulation doesn't make it very likely that we'll correct far beyond what we have seen lately.

As always, time will tell who the smart money is, shorters or longers. I wouldn't put my money on either of those sides. This for a neutral investor is the time to sit back and not do anything. Keep your money in your pocket.

 
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October 28, 2018, 12:06:13 PM
 #13

We must know that the economy can be considered to be manipulative, but it is precisely because the financial crisis is unpredictable. When it comes, it is like a demon that swallows hundreds of billions of dollars.

Financial crisis is unpredictable but you know also that it is avoidable. Through the correct management of the government in their economy. It would be difficult if the economy is in crisis, so avoiding the crisis is the best way not to experience another kind of it.

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October 28, 2018, 11:14:27 PM
 #14


The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy.

What are you talking about?
i was under impression that netherlands have state backed health care, correct me if I am worng here.


Also why should goverment bail out those who invested in crasihing stocks?
This is your own decision, you should have pulled out and you still can, there havent been big crash yet.
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October 28, 2018, 11:55:40 PM
 #15

We must know that the economy can be considered to be manipulative, but it is precisely because the financial crisis is unpredictable. When it comes, it is like a demon that swallows hundreds of billions of dollars.

Financial crisis is unpredictable but you know also that it is avoidable. Through the correct management of the government in their economy. It would be difficult if the economy is in crisis, so avoiding the crisis is the best way not to experience another kind of it.
We can't avoid that if a certain country has a conflict with their economy, so in order to minimize the situation the financial system of the economy should be resolved. Economic crash will likely to happen when the government has no legal actions to those who contribute to the devastating effect. With 2019, we're not going to see that as long as crypto demand will increase faster and many projects will be successful.

 
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October 29, 2018, 12:06:57 PM
 #16

We must know that the economy can be considered to be manipulative, but it is precisely because the financial crisis is unpredictable. When it comes, it is like a demon that swallows hundreds of billions of dollars.

Financial crisis is unpredictable but you know also that it is avoidable. Through the correct management of the government in their economy. It would be difficult if the economy is in crisis, so avoiding the crisis is the best way not to experience another kind of it.

If it was so simple then we would never have another financial crisis again. The best economists the world over have analyzed every past crisis in the hope of finding the solution to never having one again but each and every time they have failed. There is no perfect solution. It is just like anything in life that there has to be a cycle of boom and bust in order to ensure equilibrium. Look at the planet, every however many millions of years there has to be an ice age to erase all of the damage that has been done. Or how plants grow in the warmer months then die in the colder months only to regrow stronger and more spread.

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October 29, 2018, 01:31:03 PM
 #17

We must know that the economy can be considered to be manipulative, but it is precisely because the financial crisis is unpredictable. When it comes, it is like a demon that swallows hundreds of billions of dollars.

Financial crisis is unpredictable but you know also that it is avoidable. Through the correct management of the government in their economy. It would be difficult if the economy is in crisis, so avoiding the crisis is the best way not to experience another kind of it.

If it was so simple then we would never have another financial crisis again. The best economists the world over have analyzed every past crisis in the hope of finding the solution to never having one again but each and every time they have failed. There is no perfect solution. It is just like anything in life that there has to be a cycle of boom and bust in order to ensure equilibrium. Look at the planet, every however many millions of years there has to be an ice age to erase all of the damage that has been done. Or how plants grow in the warmer months then die in the colder months only to regrow stronger and more spread.
i like your analogy. that means every incident will certainly rise again in the morning sun, and even brighter than yesterday. therefore we do not need to face a dark night. the fear spread by them will only make us panic

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October 29, 2018, 01:51:25 PM
 #18

I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses.
What we are seeing now might not be "okay" but I think in terms of market cycle what we are seeing is just normal and coming from a 10 year bull market I think it is the right time for the market to correct itself. People liquidating their assets is either profiting or cutting losses but all of them are still not over with the market. Instead of seeing this as a "not okay" thing we should see this as an opportunity to invest, bear markets or corrections are really just an opportunity to us have money once the bull market will start.

naidray
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October 29, 2018, 02:54:40 PM
 #19

There has been economic troubles like that all the time in human history, it doesn't mean it is a global economic crash like the 2008. The finance world and the companies got smarter about the way they close shop, they do not really go bankrupt overnight and suddenly there are no more, no they try to change the size, fire some people to keep a low number, sell their assets or whatever and still try to float. Why?

Because, they now know that if they hang around long enough that after the crash the best part of the economy begins, if you stay long enough (like 2008) you will see the economy get really well and be on a 10 year bull run and you can make insane profits from it. Hence, all companies do anything they can just to survive and hope that it will profit them in the long term.
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October 30, 2018, 12:47:49 AM
Last edit: October 30, 2018, 12:03:56 PM by KrishaBitcoin
 #20

You mean the whole world economy or just the US economic? If you mean the US economy then although this is just like a sort of predictions or some speculations for you but i don't see that the US economic will crash by next year because i see the government is very busy making some development in which in favor of the economy and the country so hopefully that they will become successful of their economic tasks.

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