Here is what I did Say October 2019 and all true about Economy!

[Polo7]

Check the thread!!  

I hope You guys used this info for beneficial ways:)

https://bitcointalk.org/index.php?topic=5191120.40





Id like to point out specially this one!!  
With 2019 08 date of October

October 08, 2019, 05:43:36 PM
Reply with quote  Edit message  Delete message  +Merit  #8
Quote from: Febo on October 08, 2019, 05:40:27 PM
Quote from: Polo7 on October 08, 2019, 05:07:28 PM
..., im waiting for critics now!

You are very optimistic. All what you wrote is fine if you think of the rest of 2019 or start of next year, but if we look at whole next year and 2021, then you are very optimistic. There is high chance we will see a total crash in next two years. I would give to that more then 50% chances. And that crisis will be global. Even Africa will be part of it.



""My predictions and analyze is based on realistic calculations and information.

Yes in 2 years we would have big crash!
Im not optimistic im objective here.
But you should read i did mention here main things, and i will add more""





Other prediction few months old just times When covid happened.


March 03, 2020, 04:07:17 PM
Reply with quote  Edit message  Delete message  +Merit  #2

"In Order to let all this big chunck of massive loads of cash in to circlelation the people and corporations need to borrow money at First!!

So what is the Solution here! ??

Its markets Temporary crash  but dont worry it will not last long coz the current economy is designed to be sustainable until year 2025.


Now the markets will be dropped and we will have short time bear market.... Once the bear market and Correction is on.... Then pay Attention..now !!

The Central Banks cut rates even Lower then its now!! 

So Once the market is Green Again we will see quick Come Back the Fast rebound...  And start of the big bull run!!

The  market Correction is to get the assets of from the weak Hands to get the assets from Panic sellers!!



Then the big Plan is to get Everybody to borrow the cheap money! "

[rollingdice]

Well, your were almost right. I'm really interested if the crisis were predictable for you, could your prepare for it? How?

[davis196]

This is what most economists are saying about the global recession.Fast crash followed by a fast recovery.
If you really predicted the coronavirus last year,then you are the new Nostradamus,but I'm pretty that your prediction about an global economic crash was just pure guessing.

The  market Correction is to get the assets of from the weak Hands to get the assets from Panic sellers!!

This happens in every market correction,the small players are panic selling,while the big players are buying cheap assets and making easy profits.Nothing new here.

Then the big Plan is to get Everybody to borrow the cheap money!

Banks can't force anyone to borrow money.It doesn't matter how low the interest rates are.

[abhiseshakana]

Basically, stocks and interest rates are two opposites. When interest rates have tended to rise, stock prices have tended to fall and conversely, when interest rates tend to fall, stock prices tend to rise.

From the company side, the interest rate is the cost of capital, while from the investor view, the interest rate is the opportunity cost. When the Fed plans to cut interest rates, the market has provided a positive sentiment, especially if the FED actually cuts interest rates, the market will really be bullish.

For ordinary people and short-term investors, just look for stocks that are sensitive to interest rates. However, the economic cycle will continue to repeat itself and for long-term investors, there is nothing wrong with collecting stocks with cheap valuations.

[carter34]

Its markets Temporary crash  but dont worry it will not last long coz the current economy is designed to be sustainable until year 2025

A crash of economy is not going to be possible. The lows will be there as we see because of covid-19 presently but it won't bring in total collapse. Some economies are getting back to shape , this is what it will be. Lows and highs interchangeably.

[Haunebu]

Stop acting like you are some genius who can predict everything that will happen in the future accurately. If you can, just answer one simple question.

How long will you live in this world? Can you predict your own death? The answer is you don't know. The predictions which you made about oil etc are pure speculations and nothing more and some of them were right while the rest were wrong.

[Cnut237]

The economic situation at the moment has been determined largely by the Covid pandemic. I'm extremely skeptical that you knew in Oct 2019 exactly what would unfold in 2020. We will never know what 2020 would have looked like without the pandemic, but I don't think you can say that predictions made in 2019 were proved correct, because there is zero reference or consideration to what turned out to be the largest contributing factor. If I predicted that Trump wouldn't make it to the end of his term of office, and I based my assessment around the possibility of impeachment, then I wouldn't say I was correct if his presidency ended early because he died in a plane crash.

[LeGaulois]

Its markets Temporary crash  but dont worry it will not last long coz the current economy is designed to be sustainable until year 2025

A crash of economy is not going to be possible. The lows will be there as we see because of covid-19 presently but it won't bring in total collapse. Some economies are getting back to shape , this is what it will be. Lows and highs interchangeably.

Not going to be possible...

Go to say that Brazilian people for example, when they crashed so hard that it never happened before. Probably half of the companies either closed of reduced the staff.
I could quote many other countries by the way.

We have nothing to help to predict what could happen in the long term but you can compare the gross domestic product with the last 6 months to give you an idea what can happen if it doesn't stop.

And with a possible 2nd lockdown, it will help for sure getting better for the economy </sarcasme>

Printing free money, creating news law, directives or whatever is not the solution. because it's not free money. It's a debt

[BrewMaster]

A crash of economy is not going to be possible. The lows will be there as we see because of covid-19 presently but it won't bring in total collapse. Some economies are getting back to shape , this is what it will be. Lows and highs interchangeably.

it is just the bounce back (maybe even dead cat bounce) from the bottom of the crash. i don't think we can call that a "recovery" to go and get back in shape again. things are being eased with the lock downs only because you can't lock down the entire country and the economy forever. at some point they had to let it loose. in fact when they loosen the restrictions the number of cases went up again which could potentially worsen the economical crash.