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Author Topic: Economic crash in 2019! RE.1  (Read 654 times)
figmentofmyass
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October 30, 2018, 12:59:07 AM
 #21

You mean the whole world economy or jusy the US economic?

you can't really separate the two. the global economy and financial systems are so interconnected now that an economic collapse of a superpower would reverberate across the world. the collapse of the USA would cause huge contractions in other economies because of its position as a major trading partner. supply chains would break down and large sections of productive economies would stop generating growth. the USA is also integral to the world financial system. due to the financialization of economies over the past couple decades, the prospects for financial contagion are very large now.

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October 30, 2018, 04:11:52 AM
 #22

I respect what op's opinion like of course it's his point if view on economics.
And it's true that we should diversify our investment nor don't stick to one, have a real time venture that can be your back up.
However, saying 2019 will be like doom is pointless or maybe you're Nostradamus? Well even him can't be trustworthy.

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October 30, 2018, 04:45:53 AM
 #23

Your edit in first thread say 'everything fine not to be worry about' mean the problem and your analyst is done?

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October 30, 2018, 12:49:54 PM
 #24

Your edit in first thread say 'everything fine not to be worry about' mean the problem and your analyst is done?
You should not even be worried normally. Information sometimes are even disseminated not to get you worried, but to make you and help you plan for the worst. No one can tell you what the future holds exactly, but at least, knowing that there is a possibility to something, this is where you should try as much as possible to try to diversify to put you on the safer side, and at the end, you will have nothing much to lose. It is called preparing for the worst and still expecting the best.
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October 30, 2018, 01:17:26 PM
 #25

The economic situation in many countries on the world is very bad. Economic tension increased. This may indicate the possibility of a recent crisis.

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October 30, 2018, 01:26:53 PM
 #26

I think with the news that you are displaying, it could happen with regard to the deteriorating world economy. but the government certainly will not be silent with this bad situation there will be innovation innovations to improve the state of the economy. and things like crypto can be as solutions to improve the economic situation as possible but can help a number of things.

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October 30, 2018, 04:31:30 PM
 #27

Your edit in first thread say 'everything fine not to be worry about' mean the problem and your analyst is done?
You should not even be worried normally. Information sometimes are even disseminated not to get you worried, but to make you and help you plan for the worst. No one can tell you what the future holds exactly, but at least, knowing that there is a possibility to something, this is where you should try as much as possible to try to diversify to put you on the safer side, and at the end, you will have nothing much to lose. It is called preparing for the worst and still expecting the best.

What he said. We can't predict the future. But we can prepare for it.
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October 30, 2018, 05:23:16 PM
 #28

This seems fairly weird that hospitals are going bankrupt, then again i do not live in your country. It would be interesting to get more details on these hospitals and thier fianincial situation.

The stock collpase has been long awaited , at leas by me and is nothing new, it could mean that crypto wil go up at some point. But till now there is not such correlation.

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October 30, 2018, 06:07:48 PM
 #29

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

It's just to say that's there's an inevitability about it, it's like some economic gravity, what rises must always again fall at some point. We should prepare for crashes and learn better how to reduce their impact as well as how to make them less frequent but eventually there will be another one. Panic is never the answer, preparation and clarity are. The smartest people in the world know economic crashes and recoveries are inevitable but they still invest millions of dollars and an age of their time to predict them so that they can protect and grow their equity.

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October 30, 2018, 07:25:27 PM
 #30

That had been going on me ever since I see a lot of BS from the news. Either they are bias or they are a government property to tell lies to the people and control them with this freaky news.  Grin

Well, we do have the internet now and it can give more facts than what the news provide. But, how about those who can just afford a television and cannot pay for a monthly internet bill. They are the ones who are really being hit hard by this lies.

It will keep on going and they will keep those poor people be poor. Something or someone must step up.
About the fall of the market though, it is hard to tell where it is coming from.
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October 31, 2018, 12:53:01 AM
 #31

Right now, many emerging market have their currency problem. Many fiat currency drop the value againts US Dollar and maybe its because Turkey effect and US rising interest rate. I think i am agree that we are close to economic crisis
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October 31, 2018, 01:10:56 AM
 #32

That is a very apocalyptic view of the stock market but then again i share your views on it. It is true that the market is really suffering now. I myself have lost a healthy amount of money on my holdings and almost made up every penny betting against the market. I know we will weather this crisis too and sooner rather than later.

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October 31, 2018, 02:09:44 PM
 #33

I respect what op's opinion like of course it's his point if view on economics.
And it's true that we should diversify our investment nor don't stick to one, have a real time venture that can be your back up.
However, saying 2019 will be like doom is pointless or maybe you're Nostradamus? Well even him can't be trustworthy.
That is always the thing that helps most of the time, and that is one of the reasons we get to see most financial institutions looking for a store of value to at least keep their investment or money safe from the looming inflation or economic issue that could happen. It may not happen, it could happen, but at the end of it all, it is always a good thing to usually be prepared for anything at all, knowing that in most cases, anything can happen, and even things we may not expect as well.

I agree with you that doomsday theories are unnecessary as they usually end up creating panics anyway, but over the years, i have always learned that in every rumor, there is always some element of truth to hold on to, so, there is never any harm when it comes to preparing for the worst.

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October 31, 2018, 02:44:42 PM
 #34

Stocks in IT companies are taking a beating at the moment, but I think this is happening because of uncertainty in the global markets at the moment. The investors are looking for less risky investments and they are protecting their wealth in safe havens at the moment.

Bitcoin is seen as a high risk investment, but some people also see it as a store of value and even a safe haven. Time will tell if the correction in the stock market will last or.if it will bounce back again soon.

The trade wars between China and America was the trigger, but this will blow over soon.  Roll Eyes

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November 01, 2018, 08:35:55 AM
 #35


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.
Stocks were already coughing out from being over bought anyway, so I am not surprised about that. Economic crash in 2019, is something that has been said for a very long time, but really, I still do not so much believe that it is something that we will get to see happen globally, and even if it manages to happen in most parts of the world, it is not a new thing and the one that ended in 2008 which was the last one, was what really gave birth to the crypto space, probably now, people will get to see the advantage of the crypto space eventually.

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.
Asides legal action, economic crash is something that tends to happen with bad economic policies, bad governance, corruption and every other thing you practically can just name as the case may be. One thing for this whole thing is that if economic crash peradventure happens, that just even makes the whole cryptocurrency space a lot more interesting eventually, considering that a lot of people and investors all over the world will be looking for a safe haven and with the way the crypto space is going, I won't be surprised to see it being one of the safe havens that will boom during this period if it manages to happen.
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November 02, 2018, 06:24:04 AM
 #36

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.
Well I do agree about the cycle that keeps on repeating over time to bring the economy back in to the correction. Might not take so long to last and things will be great again but in addition to the cycle, there is contribution by the bad political relations between countries like China and US and Turkey and US and so on. This has brought down the purchasing power of the people and recession that is coming in near will affect the people for their basic need.
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November 02, 2018, 01:24:20 PM
 #37

You mean the whole world economy or jusy the US economic?

you can't really separate the two. the global economy and financial systems are so interconnected now that an economic collapse of a superpower would reverberate across the world. the collapse of the USA would cause huge contractions in other economies because of its position as a major trading partner. supply chains would break down and large sections of productive economies would stop generating growth. the USA is also integral to the world financial system. due to the financialization of economies over the past couple decades, the prospects for financial contagion are very large now.
True! I like the term, financial contagion, which is more like a ripple effect from one country to the other when there is a financial crisis from the main source, and looking at the fact that so many countries today actually are trying to integrate their financial system or are integrating their financial system with international financial markets and institutions, with USD being like the backbone, anything that happens will most definitely cause an effect to countries within this space, and this can be very dangerous to most economies.

It is not like it cannot happen, but I thought most countries would have learned from the previous financial crisis, but I always forget that in most places, they really do not care about preparing for the future.
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November 02, 2018, 02:03:52 PM
 #38

  I think this is ridiculous speculation that economic crash in 2019, may be it can be reccesion like before in 2008 to 2009 but government have reserves right now in case it will happened again. world bank focus on the manifestation of the market right now .although , market is tripped down first and second quarter but now market still slow recovering of that issues.we must be calm dont be panic in the certain issues
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November 03, 2018, 05:32:51 AM
 #39

If this becomes a reality, then the cryptocurrency market will take off again in 2019, and the bad order of the world economy creates bitcoin, so bitcoin may become more expensive when the world economy is in crisis.

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November 04, 2018, 06:10:25 PM
 #40

If this becomes a reality, then the cryptocurrency market will take off again in 2019, and the bad order of the world economy creates bitcoin, so bitcoin may become more expensive when the world economy is in crisis.

Unless. People see it as a risky investment, and sell everything they have so they have a cash stack, I however agree with your statement and my own personal analysis suggest that in 2019 we should see a bull run.
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