New recession is around the corner

[MarcusGates]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

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[carter34]

The signs are all around us.

Despite your hypothesis, I can agree somehow in the area of bank loans. Banks are giving out loans that they are not able to recover and that will cause some level of uncontrollable money in circulation, able to lead to inflation. Nice post you did.

[dothebeats]

Sans the movie inclusions for comparison, I agree that we are overdue for a recession. Banks printing out money, handing out an incredible amount of loans, stocks being overvalued and the derivatives market enjoying multi-year gains, it has to come down at some point once it reaches critical mass. The first ones to fall would probably be the stocks and derivatives market, followed by real estate and so on. The increased interest of VCs on bitcoin, blockchain and crypto tells us something, though it's hard to assume at this point.

The world economy is heading towards a massive collapse at a worrying pace. It can't be stopped.

[Lakai01]

The world economy is heading towards a massive collapse at a worrying pace. It can't be stopped.

I dont think that the world economy is but I am sure our financial system which is fully built on debts is. Banks cant go lower with interests anymore, as soon as the first critical state runs out of funds and wants to have their given loans payed back the system starts to collapse with an hyper inflation. Such an event in massively overdue, the last one was 1929 I think.

[Haunebu]

The world economy is heading towards a massive collapse at a worrying pace. It can't be stopped.

Forget the world economy. There won't be a world to live in if we continue harming our planet in so many ways. I don't see a positive future for the next generations if we keep harming nature around us.

Also, all the entertainment content that op spoke of actually lived up to the hype and surpassed expectations. Op must have woken up on the wrong side of the bed.

[MarcusGates]

Also, all the entertainment content that op spoke of actually lived up to the hype and surpassed expectations. Op must have woken up on the wrong side of the bed.

Dunno if we watched the same shows, but the story was way disappointing than anyone imagined. It seems like they just wanted it to end with budget spending as little as possible.

[BosnianCrypto Lover]

Also, all the entertainment content that op spoke of actually lived up to the hype and surpassed expectations. Op must have woken up on the wrong side of the bed.

Dunno if we watched the same shows, but the story was way disappointing than anyone imagined. It seems like they just wanted it to end with budget spending as little as possible.

Endgame was boring

Got e1 and e2 were dull. Battle of Winterfell was actually great, but there were moments when I could not understand what was happening. Night time and confusion.
When they said it was the biggest battle in the history of TV, I still think they were exaggerating. Battle of Helms Deep and Minas Tirith still beat it

[okala]

The avengers was crap with low production, the producer was probably saving for the future against the recession. It funny but that is the Truth everyone is saving up for the unknown the world economy is gradually moving into recession and only proper management will save the day.

[Kemarit]

LOL, I was expecting a more serious discussions about the recession because I've experience it in 2008 specially after the Lehman Brother's drama, I'm not in the States but I got laid off because of the effects on the world economy. And then you says that recession is around the corner because everyone was disappointed with the so much hype on movies and television shows?

I don't know if they are saving money, but the people behind, the production company has so much money to begin with, and I don't think they will be affected by the recessions. Only mid level companies and regular people like you and me will be moved, so we need to prepare for the worst.

[stompix]

LOL, I was expecting a more serious discussions about the recession because I've experience it in 2008 specially after the Lehman Brother's drama, I'm not in the States but I got laid off because of the effects on the world economy. And then you says that recession is around the corner because everyone was disappointed with the so much hype on movies and television shows?

There will be no serious discussions because we already had a new recession around the corner in 2011, in 2012, in 2013 in 2014...you get the point. Everyone knows one is coming, one will come but all the arguments that were looking so bulletproof in the past proved to be nothing more than wrong speculation.

So, what is new in any prediction that is saying a recession is coming in 2019 or 2020 or 2021 and it doesn't use arguments that have proven to be false in the paste?

Search for Deutsche Bank on zerohedge, the bak had hundreds of trillions of derivates that were meant to implode in 2013....same story

Oh wait, let me link to those:
Mon, 04/28/2014
The Elephant In The Room: Deutsche Bank's $75 Trillion In Derivatives Is 20 Times Greater Than German GDP
https://www.zerohedge.com/news/2014-04-28/elephant-room-deutsche-banks-75-trillion-derivatives-20-times-greater-german-gdp

Sun, 10/09/2016
Deutsche Bank Tells Investors Not To Worry About Its €46 Trillion In Derivatives
https://www.zerohedge.com/news/2016-10-09/deutsche-bank-tells-investors-not-worry-about-its-%E2%82%AC46-trillion-derivatives

Sat, 12/29/2018
Deutsche Bank Is "Well-Positioned For A Crisis", Chairman Says
https://www.zerohedge.com/news/2018-12-29/deutsche-bank-well-positioned-crisis-chairman-says

So, since none real economic arguments have worked....let's use the price of wine in Dorne, the cotton price for gloves with rubies and maybe the cost per kwh for a lightsaber, that will surely prove us the recession will come....when it will come.

[nimiq.cafe]

Basing your macroeconomic predictions on the receptions of series and movies, genius 

[Beerwizzard]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

One interesting fact: the fewer people speak about different recessions, the closer those recessions are coming. Usually no one is predicting any crysis just a day before it happens.

Star Wars will probably be disappointing as well.

All new star wars are just a big pile of shit.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?

This crappy production is still bringing tons of money to its producers. There is no reason for them to stop.

[peter0425]

Basing your macroeconomic predictions on the receptions of series and movies, genius 

Lol, sometimes we really need this kind of thread specially the hype of the end game movie and GOT is still in the air, at least here in my country. But to be serious, it makes sense for everyone to be prepared though, stock up your fiat to crypto as leverage so in case of financial doom you have something handy like a plan B.

[Adriano2010]

Well all this recession happen because of governments and their bad decisions, but if people will have crypto i think they can pass over recession and i think this recession will not be like on 2007.

[BossMacko]

Depends on how we act on it. Declined sometimes a good opportunity for others.

End game, GOT season 8 ep3 are awesome it depends on how you take it. Well we really do have different opinions.

[dominos]

Even tho I laughed at first, now when I think about it you are totaly right. It makes sense

It is not even making sense but probably it might be worse than that from 2008-2009, how cryptocurrency market will be look like? I don't know.

[kryptqnick]

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Star Wars will probably be disappointing as well.

They know the recession is due and they are saving money everywhere they can.

You are wrong about the film industry. While some argue that Star Wars was spoiled the moment Lukas made that deal with Disney, the "Avengers" are actually extremely successful. Not only this film already broke a lot of records related to the box-office but it also received very high grades both from critics and from the audience on various top websites.
At the same time, though, you are probably right about the economic crisis coming soon. I think it will happen somewhere between 2019 and 2020. And I believe the reasons for the crisis were noted by dothebeats quite nicely. We don't know what will be the impact of future events, especially on the cryptocurrency market. It might go down with everything else, but it also has a chance of saving the world economy by providing a solid non-fiat approach.

[Theb]

The last time I check the real reason for the next great recession would be coming from the banking industry again. They are doing their own version of the "Chinese Money Trap" in which they let promising startup companies borrow money in which they know they can never pay back, letting the company reach to default making them to take over on their assets which is their true objective. If a certain industry (or industries) collapse it's because of these greedy banks wanting to take control a great portion of the economy.

[MarcusGates]

The last time I check the real reason for the next great recession would be coming from the banking industry again. They are doing their own version of the "Chinese Money Trap" in which they let promising startup companies borrow money in which they know they can never pay back, letting the company reach to default making them to take over on their assets which is their true objective. If a certain industry (or industries) collapse it's because of these greedy banks wanting to take control a great portion of the economy.

banks create money our of thin air and it has no value to them. Assets which you created for them have value.
Damn man, that is a scary though.

[adzino]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Lmao. You are hilarious man. I know you are not serious, or are you  ? I don't think Avengers end game was disappointing. I actually liked it! Too bad we didn't get to see Antman killing Thanos by.. you know how  . I won't deny, the last episode which was the most hyped episode actually turned out to be disappointing. The overall build was good until the end of the episode.
Jokes aside, I think we already passed that expected recession were the price reached the point below $3,400. We can't expect some stead price rise now.

[sheenshane]

I guess it is actually a strategy. Sometimes, to make people stay connected and interested in your stuff you have to make them feel hanging, suspending and disappointed. You have to make them feel that they need to come back to you to satisfy their disappointment.

I hope you'll get my point but in my personal opinion, I was actually a victim of this kind of strategy. Every time I encounter a great movie, since they are great and very popular they must make sure to take advantage of it in such ways. For their audience to come back with their next production and movie, they have to make the audience disappointed, dissatisfied and hanging because they are too attached with the characters that they would like to witness the characters successful.

[MarcusGates]

I guess it is actually a strategy. Sometimes, to make people stay connected and interested in your stuff you have to make them feel hanging, suspending and disappointed. You have to make them feel that they need to come back to you to satisfy their disappointment.

I hope you'll get my point but in my personal opinion, I was actually a victim of this kind of strategy. Every time I encounter a great movie, since they are great and very popular they must make sure to take advantage of it in such ways. For their audience to come back with their next production and movie, they have to make the audience disappointed, dissatisfied and hanging because they are too attached with the characters that they would like to witness the characters successful.

I guess it's hard to make a satisfying endings.

I remember Lost had such a great storyline and engaged characters. The ending was very disappointing and confusing for everyone.
It might just be that great stories are hard to explain with good endings.

[Febo]

The signs are all around us.

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

I guess you are right. Recession is planed to be so huge as Earth never seen but considering your examples will be probably a totally weak recessions. We will not even know it happened and we will be so disappointed at its performance.

[hatshepsut93]

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?

They know the recession is due and they are saving money everywhere they can.

Lol this is just funny, who would have thought that you can make macroeconomic predictions based on movies and tv shows.

Seriously though, people have been telling that a new global economic crisis is coming for many years already, and it's still not here. You really can't predict it, maybe it will happen this year, maybe in 10 years, no one knows. There's no clear and predictable mechanism for it. Also, it's unclear if it will be good for Bitcoin or not, Bitcoin is still a risky investment, and people might want something stable during hard times.

[jakelyson]

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Avengers Endgame is very decent to me.
Game of Thrones still has 3 episodes to redeem themselves.

If I start to see movies how Blair witch project is done it, $60K budget making $248 Million, that is when I will know the recession is really due.

[Caladonian]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Seriously? I mean, not because of such things like that, maybe the productions really didn't pay attention and the outcome result did not pass
your standards, but in some sense it's still entertained those who really love following this series, maybe we are also speculative on this matter
in terms of recessions but hopefully it will not be that much and still workable for all the people around.

[DigitalCyberius]

I think your conclusion is probably correct, but I think your evidence is severely flawed I don't think the recent big movies are bad because they're pinching their budgets (maybe?), at least as with the case of Star Wars, I think it's because somewhere down the line, they've conceded to the left's ideology, feminism, so-called "social justice" (which is anything but), etc, and they just ruined it because they could. Why did Gelette men's razers hire a hardcore feminist to run a propaganda piece against men? It's trendy, it's part of the agenda. It's stupid, a financial & PR disaster, but part of the left's agenda.

As to a recession, some believe it will be a collapse of fiat, largely due to the eventual collapse of the Petro Dollar, which will be felt globally. Mike Maloney, of goldsilver.com talks about that. Johnathan Cahn also talks about these cycles that happen.

Have a good day,
The Cyberius team

[justspare]

Your starting was great but the end was not good because you didn’t tell us how we can relate this article to cryptocurrency or bitcoin. What those people have done will end up even benefiting them more, they would have succeeded in cutting sot and still make the money they have been asking before.

Now that recession is approaching, any wise person will save towards it too and cut down all cost, also take advantage of the cryptocurrency market to invest and make money before the recession because one thing I am very certain of is that we will see the next bull run before the recession. So in preparation for the recession, bitcoin investment will also play its own part in making it easier for us.

[Kakmakr]

At first my first thoughts about your thread was that it was wrong to use the movie and series endings as a example, but the more I think about it, you might be onto something. The global economy are struggling and that includes the movie industry. The poor ending is not really about "money" but more about the hype and anticipation that was built by the producers of these productions. <Most of these movies and series were milked for too long, so the ending sucked because the plot was extended to make more profits.>

If on the other hand, you used ticket sales statistics as an example, then I would have agreed with you. 

[MarcusGates]

Your starting was great but the end was not good because you didn’t tell us how we can relate this article to cryptocurrency or bitcoin. What those people have done will end up even benefiting them more, they would have succeeded in cutting sot and still make the money they have been asking before.

Now that recession is approaching, any wise person will save towards it too and cut down all cost, also take advantage of the cryptocurrency market to invest and make money before the recession because one thing I am very certain of is that we will see the next bull run before the recession. So in preparation for the recession, bitcoin investment will also play its own part in making it easier for us.

Cryptocurrency is now a part of the financial ecosystem, it applies to it as well.
I don't think the Bitcoin or crypto will be a safe haven if the recession hits. When you are in need of money and survival is at stake, you cash out your money from wherever you can, but.... only 1% of theworlds population uses crypto, so the impact won't even be that big.

If the fiat currency survives this next recession, Bitcoin will indeed be a great store of value and safe haven like gold/silver etc...

But if fiat collapses, then Bitcoin and cryptocurrencies will take over and there probably will be a lot of panic and confusion in people transferring to crypto and adopting it.
There needs to be a smooth transition from fiat to crypto and that is what I think governments are planning

[LeGaulois]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

[Naida_BR]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Your correlation is partially right. But all these movie organizations didn't necessarily rely on bank loans in order to fund their projects. They were already successful and profitable. I Believe that the sign of the next economic crisis is the fact that we undergo a long period of economic growth will low interest rates and this usually blows the recession.

[okala]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

Recession in the USA 2020 that is a great coincidence and by that same time bitcoin halving will be taking place were a lot of new development in the bitcoin network, which will lead to bitcoin being able to be use for micropayment with low or no fee at all, this is going to open a great door for bitcoin adoption all over the US.

[alyssa85]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

I think it was Ben Bernanke that said that recessions usually occur because of a policy mistake - most often a combination of the Fed hiking interest rates too much and regulators ignoring problems building up in the financial sector.

It looks like Jerome Powell has hit the sweet spot as far as interest rates go. He is still doing Quantitative Tightening. And he's trying to jawbone the corporate sector into deleveraging. If he is successful, then the expansion may last another four years. It's all to play for.

[traderethereum]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

Recession in the USA 2020 that is a great coincidence and by that same time bitcoin halving will be taking place were a lot of new development in the bitcoin network, which will lead to bitcoin being able to be use for micropayment with low or no fee at all, this is going to open a great door for bitcoin adoption all over the US.

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

[alyssa85]

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

Recession makes it LESS likely that bitcoin is adopted. People need money to buy bitcoin - and in recessions money is scarce. Also inflation drops in recessions which means that hedges against inflation arn't required so much.

Bitcoin will only take off if there is asset confiscation. Say AOC or someone like her gets to power in 2020 and starts confiscating wealth. Bitcoin then becomes very attractive as a means of storing and hiding wealth.  Don't forget that the event that made bitcoin mainstream in 2013 was Cyprus confiscating savings balances of ordinary people deposited in banks to bail out the bankers.

[Cosbycoin]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

One funny thing about this forum is that whenever someone just post BS others will just go ahead and agree with that, lolzzz. Sorry, I don't agree with what you have said. Avengers endgame is crap? Really? Oh, you're the only one that thinks it's crap, cause I don't agree with that. I'm not a GOT fan so I have nothing to say about that one. And like seriously, what does movies has to do with recession? The points you have made are not adding up, cause it has nothing to do with recession, you're just a fan that is pissed for nothing.

[d1ceplayer]

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

Recession makes it LESS likely that bitcoin is adopted. People need money to buy bitcoin - and in recessions money is scarce. Also inflation drops in recessions which means that hedges against inflation arn't required so much.

Bitcoin will only take off if there is asset confiscation. Say AOC or someone like her gets to power in 2020 and starts confiscating wealth. Bitcoin then becomes very attractive as a means of storing and hiding wealth.  Don't forget that the event that made bitcoin mainstream in 2013 was Cyprus confiscating savings balances of ordinary people deposited in banks to bail out the bankers.

With or without recession, many people will still invest in bitcoin largely because of its highly effective and self-advertising system, I am not sure there will even be any recession anytime soon and even if there is any, I am sure that before that time, everyone would have had investment in bitcoin and may not really feel the effect of the recession due to enough fund that will be generated in the long run and saved through investment that has been done in bitcoin. See how bitcoin has been performing lately, it shows that Bitcoin is fully independent of any system or organization.

[pushups44]

How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

[MarcusGates]

How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

It would be nice to see how Bitcoin handles recession.I agree with what you said above. It never happened and if the banks print more money and cause inflation, Bitcoin could very well skyrocket and become the next gold.

Hopefully it would hit a price of $1M and John McAfee will not have to eat his pecker.

[wuvdoll]

I think "big recession" and specific national ones are affecting bitcoin differently. If one country has bad economy and they are not doing great like Venezuela for example that country does attach itself to crypto much more quickly and try to find a solution out of their horrible economy for sure, same happened with Cyprus for example years ago when people started to buy bitcoin in bulks over there and happened again for Greece too in 2010 which affected the price even more.

Nonetheless, if a big one happens all around the world than the economy of everyone gets destroyed all around the world and when economy is that bad everywhere than nobody has enough money to buy bitcoin since they are becoming more poor and how can a poor person leave money aside to buy bitcoin.

[usorin]

I believe the great financial depression become the alternative for the "end of the world". Certain things happen and we have to deal with it at that point.

[Febo]

How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

It would be nice to see how Bitcoin handles recession.I agree with what you said above. It never happened and if the banks print more money and cause inflation, Bitcoin could very well skyrocket and become the next gold.

Hopefully it would hit a price of $1M and John McAfee will not have to eat his pecker.

Bitcoin will become worth $1 million long after MacAfee with eat his words once again.

[BitHodler]

Hopefully it would hit a price of $1M and John McAfee will not have to eat his pecker.

John McAfee is a drug addict. What do drug addicts usually have in common? Right, they are pathological liars. He will pretend to not have made that prediction, just like how he pretended to not have made a $78k 2018 prediction.

People for once need to stop giving these idiots attention, because that's exactly what they are after with such silly predictions. We're way better off in crypto without people (ahum, liars and scammers) like John McAfee.

Aren't several authorities looking to arrest him for non crypto related crimes?

[CryptoBry]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect. The signs are all around us. First, the Avengers Endgame was so hyped and in the end it was disappointing. Game of Thrones final season was hyped and so far very disappointing. Star Wars will probably be disappointing as well. All of them have a huge budget yet they somehow went on and made a crappy production. Why? They know the recession is due and they are saving money everywhere they can.

I am thanking you for this post as it woke me up from dreaming of watching The Avengers in the movie house...finally I am able to save some money that I am using to buy Bitcoin in preparation for that Big One Recession. Seriously, I actually believe that soon the global economy can be into some form of a big catastrophe. There are now many signs and soon we shall experience all the fruits of bad decisions made by many big governments in managing their economies and finances. I am hoping there can be a movie soon that is dealing with this economic malady and how we can be avoiding them on personal level.

[magneto]

I don't disagree with your statement that a recession is going to be due sooner or later, however, I sincerely doubt that the examples that you gave have anything to do with economics as well. There is simply no tangible link in my opinion between these events.

But yes, any period of sustained economic growth is going to end with short term corrections, and so far we've seen quite some time before a big correction has come.

I think that it will be very likely that some time in the future certain asset bubbles in the traditional economy like real estate and stocks will burst or at least slow down, given the fact that they've simply been on the rise for so long, probably due to the availability of cheap credit.

[traderethereum]

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

Recession makes it LESS likely that bitcoin is adopted. People need money to buy bitcoin - and in recessions money is scarce. Also inflation drops in recessions which means that hedges against inflation arn't required so much.

Bitcoin will only take off if there is asset confiscation. Say AOC or someone like her gets to power in 2020 and starts confiscating wealth. Bitcoin then becomes very attractive as a means of storing and hiding wealth.  Don't forget that the event that made bitcoin mainstream in 2013 was Cyprus confiscating savings balances of ordinary people deposited in banks to bail out the bankers.

No, I don't think so because people can search a new way to make money and if they think that they can use bitcoin as their source, I believe that they can use bitcoin to make money.
They can start to join in the cryptocurrency without buying bitcoin because we know that there are many ways for people to get free coins and they can sell it to make bitcoin.
If you remember that in 2017, people are amazed to see bitcoin can touching almost $20k and that makes people want to invest in bitcoin. That will happen again in the future especially if bitcoin can reaching the highest price again.

[ricardobs]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Your correlation is partially right. But all these movie organizations didn't necessarily rely on bank loans in order to fund their projects. They were already successful and profitable. I Believe that the sign of the next economic crisis is the fact that we undergo a long period of economic growth will low interest rates and this usually blows the recession.

This guy doesn't even know what he's saying and I don't see how movies are what can cause an economic recession. An economic recession is accompanied by a drop in the stock market and an increase in unemployment, that's what we should be talking about and not whether movies are good or not. Factors that can cause recession are reduced real wages, reduced consumer confidence, inflation, and high interest rates. That's the only factors that are sure to lead to a recession.

[fiulpro]

Funny arguments

According to your argument the 356 million USD used in making of eng games ; it is less then the 220 used in the avengers part ?

 arguments needs stable data , check Google , it's not According to your theory .

Also no picture can determine 'the recession is near '  I repeat - NoNe , visit your nearby farmers if you want to get some info.

[Febo]

Funny arguments

According to your argument the 356 million USD used in making of eng games ; it is less then the 220 used in the avengers part ?

 arguments needs stable data , check Google , it's not According to your theory .

Also no picture can determine 'the recession is near '  I repeat - NoNe , visit your nearby farmers if you want to get some info.

They said No one can kill Night king and they were right. No one killed it.

[ogini]

The market is gaining back from it recession bitcoin itself have again a lot,so I think the market is not close to recession any longer rather it is stable.

[kaya11]

Well in any case the world economy collapse at a massive pace I will still be ready. I have traditional asses such as lands, and these lands have full grown crops that are edible. If money won't have any value or food will be scarce, I still have backed-up plans and you should also too. I am just stating possible scenes out here, either you start your own farms or buy foods that are expensive in the future. We gotta be practical at all times. In any case I still hold my crypto currencies and continue life as it is.

[prtty2gal2]

How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

It would be nice to see how Bitcoin handles recession.I agree with what you said above. It never happened and if the banks print more money and cause inflation, Bitcoin could very well skyrocket and become the next gold.

Hopefully it would hit a price of $1M and John McAfee will not have to eat his pecker.

I guess John Mcaffe was also picking out his prediction from the this point of recession, and if it is based on recession that he predicted bitcoin to reach that value, I guess he may not really be right after all, I don’t see recession happening soon, it has been long that we have been predicting these global recession of a thing and it is not happen.

If all countries are active and using every mean to avoid it, then I don’t see it happening, we have so many factors like cryptocurrency and other things that are really kicking against recession, which is why we may not see it happen again or anytime soon.

[7788bitcoin]

Last big recession was in 2007 and the next one is long overdue.
This next one is going to be on a much larger scale and last longer than we expect.
The signs are all around us.
First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

Are you seriously comparing fiction and real economics and i am not sure why you think that Avengers endgame is a disappointment, when it comes to movie collection, they are breaking all the records and collected more than two billion dollars which is not a bad valuation for a movie which has spent 356 million dollars according to reports. If you are talking about the lack of script to be that hyped, then i am not sure what to tell, if you are talking business it is a successful venture. When it comes to recession there is no signs of a global recession at this point, no one expected back in 2007, only some top level bankers knew what was coming and that will be the case next time around, you only know once it hit the market.

[MarcusGates]

Are you seriously comparing fiction and real economics and i am not sure why you think that Avengers endgame is a disappointment, when it comes to movie collection, they are breaking all the records and collected more than two billion dollars which is not a bad valuation for a movie which has spent 356 million dollars according to reports. If you are talking about the lack of script to be that hyped, then i am not sure what to tell, if you are talking business it is a successful venture. When it comes to recession there is no signs of a global recession at this point, no one expected back in 2007, only some top level bankers knew what was coming and that will be the case next time around, you only know once it hit the market.

That is exactly my point.
They know in movie industry that the next recession is coming.
They saved tons of money on production to save cash for recession by making a bad movie.
They hyped it, earned a lot of cash, left people disappointed and ended up with extra cash to prepare for recession.

I never said movies and tv shows will cause the recession, that would be stupid, but they know it's coming and they are just saving their money.

I menationed this in the opening post, as soon as I watched GoT s8 e1, I noticed it was very poorly written. E2,E3 and E4 confirmed it. Endgame also.

So far I'm right.

[Lucius]

MarcusGates, your personal opinion is that Game Of Thrones season 8 is bad, but I can not agree with that. I think it's very good show, and that is justified the expectations of the majority - except those who expected the battle better then ones from Lord of the Rings. Some things could certainly be better done, but you have a option to watch or not.

Somehow it does not seem logical to compare recession with tv shows, but the truth is that all are trying to earn as much as possible, with as little investment. Next recession is maybe close, but it seems to me that it will still take another few years before that. Maybe I'm wrong but some are still recovering from 2008, and the world has probably learned something from mistakes - recession every 10 years is just too much.

[stompix]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

Well, there is a Bitcoin halving every 4 years so the chances of hitting one are 25%, so rather than a coincidence it's more plausible to happen, if not this time at least twice or thrice in the next 100 years

your personal opinion is that Game Of Thrones season 8 is bad, but I can not agree with that. I think it's very good show, and that is justified the expectations of the majority - except those who expected the battle better then ones from Lord of the Rings

When the producers come up and say we're going to have a battle scene longer, better, more dramatic more...bla bla bla than Helm's Deep and you end up with that is like buying Bitcoin and realizing at home you've actually bought Shitcash.

That is exactly my point.
They know in movie industry that the next recession is coming.
They saved tons of money on production to save cash for recession by making a bad movie.
They hyped it, earned a lot of cash, left people disappointed and ended up with extra cash to prepare for recession.
So far I'm right.

Oh my god, you weren't joking, you're really believing this
How does the whole stashing cash away scenario work with the 71 BILLION $(more than the market cap of all altcoins) new acquisition made by Disney?

[darkr]

How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

It would be nice to see how Bitcoin handles recession.I agree with what you said above. It never happened and if the banks print more money and cause inflation, Bitcoin could very well skyrocket and become the next gold.

Hopefully it would hit a price of $1M and John McAfee will not have to eat his pecker.

Bitcoin will become worth $1 million long after MacAfee with eat his words once again.

Now, everyone is joking about his words, but do not you remember that people, who used to believe him, rushed to buy Bitcoins selling their property? You need alway to think, using your own mind.

[1Referee]

Now, everyone is joking about his words, but do not you remember that people, who used to believe him, rushed to buy Bitcoins selling their property? You need alway to think, using your own mind.

What people are you talking about? He actively promoted scam ICO's and people lost tens of thousands of dollars as result. If he actually made people buy Bitcoin, that would be a good deed, but nope, he wanted quick money at cost of innocent people. John McAfee is untrustworthy and doesn't deserve the "respect" people attribute to him. Guess what he will do during the next mania......  

He is also close friends with Roger Ver, which doesn't surprise me one single bit. Scammers like to be surrounded by like-minded people.

[yusupjatigumilar]

Your statement really represents what I think right now, many ICO projects where they managed to raise a lot of funds and even hardcap, but after they managed to get it all they only produced products that were not in line with expectations and plans. maybe this is one of the factors causing the decline in investor confidence in blockchain technology and crypto currencies.

[Reid]

What?!
You are basing the financial market with movies and tv series?
What the hell?
Although I can say this is unique but one of the foolish that you could think of.
Cmon are you really serious about this?
I mean there are lot to consider out there and yet you found a hole because movies are being created and they failed your taste.

[blockchainwriters]

with the recession fear we can expect crypto currency and bitcoin prices may pump every one believe crypto currency will be safe for price growth

[Adriano2010]

I don't think we will have recession this year, but i think the bitcoin price will not grow so fast, only on long term we can have a new ATH for bitcoin and most people who have some % of bitcoin can take a profit.

[davis196]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Avengers Endgame?WTF?Every superhero movie is over-hyped.Super hero movies are ads of other super hero movies.Hollywood Marketing.
The recession has nothing to do with Hollywood and I think it won't be as hard as the 2007-2008 crisis.

[Febo]

with the recession fear we can expect crypto currency and bitcoin prices may pump every one believe crypto currency will be safe for price growth

Yes with the recession fear. But with the actually recession we will see a lot of money left crypto and prices crash drastically.  Recession will kill all the shitcoins. Not the Bitcoin bull run or bear market or anything else. Shitcoins are stupid money and when recession hits stupid money drys out.

[haseeb ahmed]

Yup I think the way trade war is going recession is not far away. Situation of many countries are not good and sanctions on different countries are restricting companies doing business.

[sana54210]

with the recession fear we can expect crypto currency and bitcoin prices may pump every one believe crypto currency will be safe for price growth

I don’t know when recession has become something that is necessary in an economy like op said, using the word long overdue. If every government is function well and knows how to control its economy, especially that part of inflation, there might not be any global recession.

We have some countries already that are facing their own recession now and once they overcome it, it’s gone, so it may not interpret to being a global one, but anyway, if that happens, it will only favor cryptocurrency and people that will not be affected are those who already have their investment in Bitcoin. Investment in Bitcoin is very necessary, and not only for Bitcoin alone but for other benefits.

[eaLiTy]

Lmao. You are hilarious man. I know you are not serious, or are you  ? I don't think Avengers end game was disappointing. I actually liked it!

I am sure he did not watch the movie and started this thread after reading some message boards online, that is by far the funniest comparisons i have seen when it comes to recession comparing with some movie and TV productions and how they are saving their money  .
I liked the Avengers End game and watched it in 4D IMAX.


@OP  It will be a good conspiracy theory and you can be their super star if you can post in their boards as you will get a lot of followers.

[SirLancelot]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

I'm confused what does Avengers Endgame and the films you have mentioned has to do with economic recession? okay, tell us how Avengers Endgame was a disappointment?? Because you didn't like the movie and they didn't do it in a way you like?? That doesn't make any sense at all. In case you don't know, Avengers Endgame has made worldwide total of $2.713 billion and that puts it as the second highest grossing movie of all time. So don't even say that those were a disappointment and they have nothing to do with recession.

[Cnut237]

The response to the banking crisis of 10 years ago was in my opinion quite disgusting. They got bailed out and effectively got away with it, whilst causing severe damage to the economy in the process. The fixes that have been put in place to prevent recurrence are sticking plasters at best. It is the same in banking as it is throughout the commercial sector in western economies - the basic philosophy is to privatise profit and socialise risk. Frankly it's a scandal, and I see nothing to prevent it happening again. The people in charge aren't interested in what's best for the long-term. They are only ever in office for a few years, they cover over the cracks and then move off out of politics to lucrative positions in business. And then when it all collapses again, it will be someone else's fault.

[BitcoinGuruOne]

This is the most ridiculous red flag in economics history ever

I agree that recession is around the corner but the movie production is not a solid argument. There are different indicators overbought stocks , policies of national banks and many others..

[bering]

Do not too disappoint about Avengers End Game because you will see upcoming movies which is more good than the previous one and probably there will be another marvel heroes in the movies instead of Avengers and attempts to linked recessions world with ending movie is not too funny for me because when recession happened most people losing their jobs or going bankrupt and being poor i think everybody don't want to see it again

[bitgolden]

Lmao. You are hilarious man. I know you are not serious, or are you  ? I don't think Avengers end game was disappointing. I actually liked it!

I am sure he did not watch the movie and started this thread after reading some message boards online, that is by far the funniest comparisons i have seen when it comes to recession comparing with some movie and TV productions and how they are saving their money  .
I liked the Avengers End game and watched it in 4D IMAX.


@OP  It will be a good conspiracy theory and you can be their super star if you can post in their boards as you will get a lot of followers.

Cutting expenses doesn’t mean that one is broke, and I don’t know what he means by low production, maybe op watched Cinema dub instead of the high definition of it, because I have seen this movie and I think they still have very solid production, they might not be as interesting as the previous one, which that cannot be blamed on production but on the movie producer.

I don’t see recession happening anytime soon that is if it will happen at all. In my country, we have had our on recession like 4 years ago and over with it, so I don’t expect any global recession again, because eachcountry as been able to tackle their immediately it shows up, which could have been what will lead to recession.

[BTCappu]

Recessions will always be around the corner with the current financial system we have. The system we have is built around the fact that business always have to profit or they will bankrupt, they can't just keep it still because if they do not perform well on stock market and meet the expectations then the shareholders will their shares and the company will lose value out of nothing because some people sold their stocks even though company is doing just fine.

The stocks should be calculated based on the companies finances not based on some speculative or manipulative whales buying or selling making the company look better or worse than it is, without that fixed we will always have a need for always profiting. Since we can't technically always profit since the money we have is finite amount in the end recession will drop them all off and give them a chance to go back up again to the limit.

[Snaic]

since today the cryptocurrency market is practically led by a speculator, it will not be necessary to wait for other situations, and only that after the current rise in prices for cryptocurrency, a decline will still follow.