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Author Topic: Reason of Next Financial Crisis  (Read 421 times)
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March 30, 2019, 01:42:49 PM
 #61

In central banks we trust.We have learned from history that there is only one way to heal financial crisis.That way is next flood of free created money .Banks stocks will cry and scream that we are  going down we who are lifeblood of economy.So central banks will print and transfer next free money to them.EBC already will do that  from Autom.I am sure FED will follow.Fiat money will lost more of his purchase power and part of that free money will go to crypto. Same was in 2009  same will be now.All that next printing will  not solve root of problem but who care good make up can cover all

 
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March 30, 2019, 02:01:26 PM
 #62

In a collapse, don't forget to steal the investment bank's money! Wink

If we do enter a serious market fall, like 2008, remember that is time to start looking at stocks to buy. Those holding cash when the market bottoms out are in a position to buy up stocks and ride the growth when the economy recovers. This of course assumes the economy will experience future growth.

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March 30, 2019, 04:01:03 PM
 #63

I think that the main reason for another financial crysis would be the one that people haven't learned anything from the last ones. Excessive lending and debt are rising, main world banks are still playing their games. Debts will accumulate to the level that no one couldn't handle them anymore and that might be the trigger.

The main reason is the mismanagement of US Dollar and one country control over it. US Dollar is not being properly backed up by the gold as per tha standard and this has resulted in inflation. Since the whole world is dependent on dollar, a collapse will be bigger than 2008. I think here is when bitcoin will come into play and people will sell the fiat to buy the crypto.

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March 30, 2019, 05:11:34 PM
 #64

When you have a non stopable money printing machine like the federal reserve system all those money eventually create some type of bubble(stock,real estate,currency or even crypto).When the bubble bursts(this will happen sooner or later),we have a new crisis.
All financial crisis have one reason.It's called "US Federal Reserve System".
Yeah, they print money nonstop and they know upcoming results but don't care, personally I think they want to cause crisis, a lot of country's economy hugely depends on US dollar.
To my mind the deal is following: Money must be taken out of trump and others' pockets, don't tell me they earned it and deserve, no, money has to be in circulation and in people, not in one man's pocket who doesn't even need that much money. Also banking system is shit, governments know it. Hope crypto world will become more known, centralyzed system works fatally wrong.

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March 30, 2019, 07:00:47 PM
 #65

In a collapse, don't forget to steal the investment bank's money! Wink

If we do enter a serious market fall, like 2008, remember that is time to start looking at stocks to buy. Those holding cash when the market bottoms out are in a position to buy up stocks and ride the growth when the economy recovers. This of course assumes the economy will experience future growth

This has always been the case in the past (though it may take time)

The alternative is a new world war, as simple as it gets. But then the stocks and their quotes will be your least concern. So any way you look at it, your only viable alternative is assume that everything will be back to normal after the dust finally settles. As an aside, you are basically repeating what Warren Buffett has been saying all these years, i.e. in the days of crisis you can buy valuable stock really cheap and then make a fortune when the sun shines again

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March 30, 2019, 07:06:25 PM
 #66

Value of Bitcoin will decrease like value of any asset but it will recover quickly and most important people will take more interest in economy and understanding of what Bitcoin is.
When the crises in a country is so bad that it begins to affect its currency you will see that anything that can be used as a form of money goes up in value instead of going down and that is because people begin to try to find ways to store their wealth, so if the next economic crisis is so bad that it affects the whole world it is reasonable to assume that the value of bitcoin will go up and not down as people begin to appreciate a currency that cannot be confiscated by the government or inflated away.


But also people try to save some of their investments and sell others. Bitcoin is money and can be easily exchanged. Price of it will fro sure drastically decrease when crisis hits us.   

Yesterday I just saw one nice info graphic about all bull runs after WW2. Longest was 114 months and our current is already 112 months. We are already in record holding longest bull run. So should end any month now.

 https://www.visualcapitalist.com/visualizing-longest-bull-markets-modern-era/
That will increase the velocity of bitcoin as money and that is not bad at all if we take into account that the greatest use of bitcoin at the moment is as a speculative investment in which most people are holding their coins, so this is not going to necessarily going to make the price of bitcoin to go down as long as the demand goes up which is something possible during an economic crisis but I will admit that there is the possibility that the price will go down but I just do not find it that likely.

Most people also dont have Gold but price of Gold decreased in 2008 when financial crisis hit.   Price of Gold went up until 2008 to almost $1000. Then was stable at around $900 and when crysis hit drooped to $700. After dust settled it slowly started to grow again. By slowly I mean way faster then anything else. But still slowly and it reach $1000 only a year after crash happened.  I believe Bitcoin will react similar as gold. But of course I cant be sure. And this the biggest Bitcoin price mystery that exist for me.

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March 30, 2019, 07:12:16 PM
 #67

In a collapse, don't forget to steal the investment bank's money! Wink

If we do enter a serious market fall, like 2008, remember that is time to start looking at stocks to buy. Those holding cash when the market bottoms out are in a position to buy up stocks and ride the growth when the economy recovers. This of course assumes the economy will experience future growth.

It will. I don't believe we'll end up in a total collapse scenario that will later lead to barter trading and protesters looting shops all around the world.
A crisis will cause people to rethink their strategies. As old markets die with nobody willing to invest in things that were booming in the 20th century, like oil, new markets (cryptocurrencies, smart contracts, new energy solutions, electric car industry) will have their moment. Changes usually are volatile. They rarely happen gradually without any bubbles and sudden bankruptcies.

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March 30, 2019, 07:47:21 PM
 #68

In a collapse, don't forget to steal the investment bank's money! Wink

If we do enter a serious market fall, like 2008, remember that is time to start looking at stocks to buy. Those holding cash when the market bottoms out are in a position to buy up stocks and ride the growth when the economy recovers. This of course assumes the economy will experience future growth.
This could be a tricky thing to do on a financial crisis and can only be handled by people who have some extra cash lying around for investment. Remember when a financial crises strikes all the basic goods are also affected by price increase and that is why spending will also increase. People know that there is an opportunity to buy cheap assets but only a few can even afford it as most people won't even have the ability to afford it. Not unless people are smart enough to save some money for the event we cannot say everybody can grab that opportunity.

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March 30, 2019, 08:37:21 PM
 #69

When you have a non stopable money printing machine like the federal reserve system all those money eventually create some type of bubble(stock,real estate,currency or even crypto).When the bubble bursts(this will happen sooner or later),we have a new crisis.
All financial crisis have one reason.It's called "US Federal Reserve System".
This, bubbles are inevitable and even in a system where the amount of money is limited we will see bubbles form from time to time but when you have basically the ability to print as much money as you want and you are abusing that power then bubbles will have a tendency to form even faster and to be even bigger as everyone is trying to find some way to avoid the effects of the ever increasing money supply and the damaging effects it has on your wealth.

Fractional reserve banking, and the belief the economy grows on credit instead of savings, the cycles of bubble and pops won't stop until people understand these concepts. Read Mises to find the answer. Austrian economics.


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March 30, 2019, 08:50:02 PM
 #70

Some say we are still in the 2008 crisis, the central banks have printed unlimited money to keep the biggest lenders out of bankruptcy, and the biggest lenders have never been in so much dept that they are in now.
 The inflations on food and other expenses have been massive for the last 10 years, but the salary for ordinary people has not gone up at the same speed.
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March 31, 2019, 09:41:46 AM
 #71

When you have a non stopable money printing machine like the federal reserve system all those money eventually create some type of bubble(stock,real estate,currency or even crypto).When the bubble bursts(this will happen sooner or later),we have a new crisis.
All financial crisis have one reason.It's called "US Federal Reserve System".
This, bubbles are inevitable and even in a system where the amount of money is limited we will see bubbles form from time to time but when you have basically the ability to print as much money as you want and you are abusing that power then bubbles will have a tendency to form even faster and to be even bigger as everyone is trying to find some way to avoid the effects of the ever increasing money supply and the damaging effects it has on your wealth.

Fractional reserve banking, and the belief the economy grows on credit instead of savings, the cycles of bubble and pops won't stop until people understand these concepts. Read Mises to find the answer. Austrian economics

Could you elaborate on why it is so?

More specifically, I refer to the part where you say that there is a belief that the economy grows on credit. Personally, I think there is some misunderstanding here. As far as I see it, the economy doesn't grow on credit but credit is still required for the economy to grow (this is not the same thing). if you come to disagree with this, I would like to hear your reason why you disagree (in your own words)

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March 31, 2019, 12:34:29 PM
 #72

Borrowing money may be needed to grow an economy and it's a valid argument if the money really exists. But that's not the case.
A clearer example would be between you and me, how can you lend me $1,000 if you don't have?. It's logic, isn't it? But with a scriptural money system, they invent money and charge interests, whether it is a state, a company, or a private individual.
Why some states are not even able to pay the interests. Why are our taxes increasing all the time? The real issue is debt and there is no solution to the current debt.

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March 31, 2019, 01:13:17 PM
 #73

At this pint most of us are consumers, i don't like to develop products (except the hitech assets).
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March 31, 2019, 02:33:26 PM
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 #74

The main reason of next financial crisis could be United States debt. If you did not see how these numbers goes up, minute by minute you can check that information here -> http://www.usdebtclock.org/ . This bubble will suddenly burst, the longer we wait, it will be worse.

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