MarcusGates (OP)
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May 02, 2019, 10:43:06 AM |
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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
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May 02, 2019, 11:18:27 AM |
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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.
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dothebeats
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May 02, 2019, 11:24:21 AM |
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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.
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Lakai01
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May 02, 2019, 12:06:16 PM Last edit: May 02, 2019, 05:39:11 PM by Lakai01 |
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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.
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Haunebu
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May 02, 2019, 12:07:04 PM |
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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.
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MarcusGates (OP)
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May 02, 2019, 12:19:15 PM |
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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.
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BosnianCrypto Lover
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May 02, 2019, 12:24:03 PM |
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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
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okala
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May 02, 2019, 12:37:42 PM |
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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.
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Kemarit
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May 02, 2019, 01:22:30 PM |
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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.
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stompix
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May 02, 2019, 01:41:47 PM |
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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-gdpSun, 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-derivativesSat, 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-saysSo, 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.
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nimiq.cafe
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May 02, 2019, 04:26:17 PM |
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Basing your macroeconomic predictions on the receptions of series and movies, genius ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Beerwizzard
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May 02, 2019, 04:41:19 PM |
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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.
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peter0425
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May 02, 2019, 04:43:38 PM |
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Basing your macroeconomic predictions on the receptions of series and movies, genius ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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.
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Adriano2010
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May 02, 2019, 04:52:03 PM |
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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.
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BossMacko
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May 02, 2019, 05:05:52 PM |
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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.
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dominos
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May 02, 2019, 05:56:24 PM |
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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.
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kryptqnick
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May 02, 2019, 06:07:08 PM |
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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.
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Theb
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May 02, 2019, 06:15:34 PM |
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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.
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MarcusGates (OP)
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May 02, 2019, 06:40:55 PM |
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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.
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adzino
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May 02, 2019, 06:55:10 PM |
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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 ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ? 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 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . 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.
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