Polo7 (OP)
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August 07, 2020, 08:22:38 AM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
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crwth
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August 07, 2020, 08:59:07 AM |
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I don't think "prosperity" would be the right word but "temporarily". Diluting more money into the market could further worsen the economic situation that we have. There are a lot of people getting loans because they need to but the economy is still going to be the same, it's the people who are going to pay it back and as much as you want to see the positive side, the future for the people seems blurry.
So I think the question is, did they just print more money to handle the loans? More cashflow but there would be a higher rate of inflation for that.
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Poker Player
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August 07, 2020, 09:08:11 AM |
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So I think the question is, did they just print more money to handle the loans? More cashflow but there would be a higher rate of inflation for that.
Of course they are printing more money. We are in a non-stop-create-money-out-of-thin-air economy. With the pandemic even more so.
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Sanitough
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August 07, 2020, 09:17:16 AM |
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Did you mean that it will make the poor countries even poorer?
I understand that the situation now is not good, but good for countries with good reserve as they can extend loans to countries who really needed it and they might give an interest that is higher than normal due to the situation.
Our country are already in trouble, we have big loans due to this crisis, but I believe this pandemic will be over soon and our country will recover, even if we have to pay the loans through our taxes, this is just temporary man because nothing is permanent in this world.
A country will prosper not only because they extend loans, but because all industries are contributing to the improvement of the country.
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amishmanish
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August 07, 2020, 10:01:32 AM |
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If there is going to be any sort of wealth distribution after the present crisis, it is first going to be most influenced by the US-China tectonic plates shifting. With every passing day, USA is showing its capacity to continue down the self-destructive spiral. The ship has a drunk orange chimp on the rudder who doesn't seem to be able to decide whether he should worry about the country or his own hold on power. The democratic leadership looks as uninspired as the sold-out republicans.
Contrast this with the pretty solid and authoritative handling by China. It made some initial noises to show its intentions. The world responded so they have taken a step back, for now. Yet, they have nothing to worry about. With the West divided along its fault lines, i think the companies that benefit will mostly be Chinese. They have a robust domestic market and much of the world is still dependent on them for manufacturing. So, yeah, the wealth is coming but not into the coffers of the usual suspects.
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Oasisman
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August 07, 2020, 11:36:00 AM |
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Or it could be the other way around? The rich becomes ridiculously more richer than we could ever imagine, and the poor stays poor or worse become more poorer than ever. I don't understand why giving out massive loans are beneficial to the economy when most of the countries right now are spending billions of dollars and sacrificing a lot of businesses to fight the pandemic.
Im sharing my conspiracy theory about Covid19; this pandemic has been planned to destroy the economy, this is the biggest global business of the elites.
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cryptoboss2020
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August 07, 2020, 11:45:22 AM |
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Economy works by circles everybody knows that!
most of the money will be given out to business owners who will spend a money buying goods and services and paying to workers. everybody will start more spending more money it the world people can travel more invest more sure it will make economy to going up. but same time the inflation will go high the prices will rise and people must work more to maintain the good living standard. i can think the example would be the norway yes there is a lot wealth and good salary but the living expenses are highest. for every good there is something bad only you as a person can sort out the best way to you you cant hope that goverment rules will be good for you only you can do it for yourself something to make better your life. if you see that money printing and debt is going on ...you should have hedge like gold btc and real estate those prices are the ones what goes up when inflation is highest. in my point of view i think if the goverment want to balance the situation they should rise up the taxes in my opinion it can hold the inflation rates stable if not low. moST IMPORTANT IS you should be educated about the world principals economy and goverments... you dont need to learn much of crap just learn the basic knowledge like:
what is inflation,what is the market circles, taxes, where the money come from and how the economy is influenced by money supply.
i think just to know that its good enough to be making moves what can be beneficial for you!
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exstasie
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August 07, 2020, 12:01:40 PM |
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Or it could be the other way around? The rich becomes ridiculously more richer than we could ever imagine, and the poor stays poor or worse become more poorer than ever. This. The last couple decades have been defined by incredible gains in the financial markets, contrasted with overall stagnation in wages and rising costs of living. Investors get rich as average living standards decline. The "restart" the Fed and other central banks are initiating is only accelerating that trend. They are making it nearly impossible to lose in the equity markets. The only catch? You need money in order to invest in them. Everybody else loses.....
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ethereumhunter
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August 07, 2020, 01:08:22 PM |
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We will have a better life in the future, as long as we can trying to make money in many ways. And as we are now involved in the crypto, we can make a lot of money, especially if the market can get the bull run. If that is coming, we can see that the coin that we have can give us that big money, especially if we a lot of bitcoin. I hope that it will not take too long, so we can get rich and have a lot of money, and we will have a better life than today.
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fortunecrypto
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August 07, 2020, 01:34:50 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
Congratulations on having a positive perception of what's happening around the world, but in reality, it's not like that, but countries are in economic crisis and in a dire situation their yearly budget and their saving s are all used up and third world countries are now in debt so they can sustain their falling economy, we like to be positive but a lot of bad thing are around us.
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Ucy
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Compare rates on different exchanges & swap.
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August 07, 2020, 04:13:40 PM |
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How do you sustain such growth? By continuing to exploit and let the world deteriorate? The sky and earth are decaying due to our activities and sin. The world seems to believe that everything will eventually be alright. There are "revealed truths" that things(not just economy) will continue to worsen. Who will be right? GOD or the world? I am not on the World side & I will forever follow who is right in the future. Currently preparing while many around me don't believe or agree that evil is coming.
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davis196
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August 07, 2020, 05:48:25 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
Damn dude,are you smoking something weird?Too much optimism not backed by any logic and reason. Do you think that loans are the financial panacea that's going to make everything perfect and everyone wealthy and happy? You live in a developed country like Australia,so you are kinda privileged.Try to live in some third world underdeveloped country and your views about the global economy will change.
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Polo7 (OP)
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August 07, 2020, 05:55:17 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
Congratulations on having a positive perception of what's happening around the world, but in reality, it's not like that, but countries are in economic crisis and in a dire situation their yearly budget and their saving s are all used up and third world countries are now in debt so they can sustain their falling economy, we like to be positive but a lot of bad thing are around us. Economic growth Specially in USA and uk.. Covid loans and their are Not small. I was checking the numbers uk will inject into system extra 1 Bn. Things are Going great as we have a lot of money the stock market will go Up... Btc will go Up Gold will go Up... Everything will be bullish! Property Prices Going Up! Its all Good news all Around the World! Debt yes but who cares? We all Know its Not Going to end Up well... So That's Why its important to make your position Now that future You have money and Security When this all will collapse Again
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Polo7 (OP)
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August 07, 2020, 06:00:14 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
Damn dude,are you smoking something weird?Too much optimism not backed by any logic and reason. Do you think that loans are the financial panacea that's going to make everything perfect and everyone wealthy and happy? You live in a developed country like Australia,so you are kinda privileged.Try to live in some third world underdeveloped country and your views about the global economy will change. Yes but Even there nowdays People have internet and They Can Invest in btc and Other markets. And of They Don't have money just borrow the money Invest Get rich and u Don't need to pay Back just After You rich take lawyer or play with Laws or go abroad
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ChiBitCTy
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August 07, 2020, 07:00:39 PM |
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Honestly I don't think you've got really any idea what you're talking about. What makes you so optimistic? The world is going through something none of us have ever seen in our lifetimes and it's destroying the economy slowly. With millions laid off, millions soon to lose their homes ( remember at least in the U.S. tenants and those on a mortgage had gov " no eviction mandates" protecting them that expires soon) , thousands of business large and small going under, non-stop gov debt spending, and an over-bought stock market ..all this with no covid-19 end or slow down in sight..I'm NOT optimistic.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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ecnalubma
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August 07, 2020, 07:02:15 PM |
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Prosperity because of New loans? It won’t be easy, even the government will lend a ton of money to businesses they will still suffer in return because taxes might climb. Small and big companies shutdown and we’ll never know when the economy will rebound while the health threat is still there, rapid economic recovery is not a sure thing.
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target
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August 07, 2020, 07:40:44 PM |
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We are all affected by this crisis and if the conspiracy about rebooting is real, we will have to pay high to these loands we take today. Honestly I don't think you've got really any idea what you're talking about. What makes you so optimistic? The world is going through something none of us have ever seen in our lifetimes and it's destroying the economy slowly. With millions laid off, millions soon to lose their homes ( remember at least in the U.S. tenants and those on a mortgage had gov " no eviction mandates" protecting them that expires soon) , thousands of business large and small going under, non-stop gov debt spending, and an over-bought stock market ..all this with no covid-19 end or slow down in sight..I'm NOT optimistic.
I'm still optimistic because it might not take long anymore that vaccine wil soon come. The japanese are already testing thier Covid vaccine. Its still in the first stage of its testing I guess. If they get to be successful, we're gonna be good to go as well. The rich are still going ot be get richer, same as before.
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cryptoboss2020
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August 07, 2020, 07:45:35 PM |
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life is like a game know the rules and play with the right rules.
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dothebeats
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August 07, 2020, 08:10:17 PM |
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This would fuel a greater recession and an even more greater economic problems in contradiction to what you're visualizing. More debt created = more instability in world economy = more fun for the world (jk). But an economic reboot would still be unlikely until a full-blown recession is really on the horizon. Governments will keep on giving helicopter money until it can't no more and everything crashes. There's really nothing to be optimistic on here if the world would experience yet another economic meltdown.
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