Crisis will be new normal but its not bad

[Cnut237]

So I think the debt and this money printing is beneficial.

In theory it's good for bitcoin as government responses to the pandemic just highlight the deficiencies of fiat.

In practice however bitcoin is still viewed in large part as a highly speculative asset rather than a safe-haven. We may see bitcoin price appreciation in the short-term, or we may see price drops as the economic turmoil starts to hit people in the pocket and they cash in on their more speculative holdings. Long-term, yes, the case for bitcoin grows stronger... it's just that (as we all know by now) the upwards path may have a few sizeable bumps.

[ReiMomo]

In theory it's good for bitcoin as government responses to the pandemic just highlight the deficiencies of fiat.

In practice however bitcoin is still viewed in large part as a highly speculative asset rather than a safe-haven. We may see bitcoin price appreciation in the short-term, or we may see price drops as the economic turmoil starts to hit people in the pocket and they cash in on their more speculative holdings. Long-term, yes, the case for bitcoin grows stronger... it's just that (as we all know by now) the upwards path may have a few sizeable bumps.

Exactly.
Even when people say the power is with them, it is still not.

Elite did not become elite for no reason. They have set of skills that made them Elites in the first place. Being passed from generation to generation. Going back, it will only be the people who will be suffering this inflation. They have their own games way up there. And we are the pawns.

[poshat]

The main mistake in the perception of reality is that the elite are Martians. These are the same people as we are, so nothing prevents them and us from changing, if we find points of contact and mutual interests.

[Yatsan]

World is investing more money in Military coz They know this Military is needed to making sure we Still have law and order.

It is more likely that obvious that different countries around the world seems to focus more on strengthening their military forces that can all go out of war if it is badly needed most specially along with different crisis that affects the world wherein different leaders from many countries are putting into blame on who's fault it is now and what they will supposedly do regarding the matter. Instead of resolving the problem from the root cause, it seems like a strong force of law and military is being taken as a solution to shut the mouth of the people and let the government do the talking about the issues or crisis being experienced.

Its just After 10 years crisis get use to it then Everything will start Again...

We are still cannot be so sure that same thing that a massive crisis will soon to arise right after 10 years. If that so will happen, then it is already a planned one and not a coincidence nor accidental crisis that makes the world suffer from it.

Even when people say the power is with them, it is still not.

Elite did not become elite for no reason. They have set of skills that made them Elites in the first place. Being passed from generation to generation. Going back, it will only be the people who will be suffering this inflation. They have their own games way up there. And we are the pawns.

I agree. Even with a democratic country where the power lies on people that is supposedly to happen, elite people are making use of them being wise and their power to evenly control everything and make it favorable to them making people just to obey or follow what they say.

[wozzek23]

For how long are we going to continue being in crisis?. It’s totally wrong, but as you said 'there are elites who are benefiting from the crisis, in one way or the other, and the elites most of them are our politicians. Most of these crisis are benefiting some of our leaders the corrupt ones, and they are mainly the ones sponsoring some of the crimes you see that takes place, it’s a means for them to embezzle money .

That's why they have strong Military power!!
They know that people might not like them but Military will keep the law and order anyways.

The military is the power of the government and they can use it to oppress the people. One of their tactics is putting fear in the people and making them doubt themselves and what they can do. It’s just like what’s happening in Nigeria now, it has been trending on Twitter, but imagine that the people gets angry and decides to react, it’s going to be really bloody for the government.

[el kaka22]

Problem with this situation is the fact that when there is something horrible going on, politicians try to make it look like they are doing alright, like for example 200k+ people is dead, any decent human would go up and at least say that he is very sorry for what has happened and he is trying his best to make sure no more of this would happen, but what does Trump do?

He goes out and says he is doing a great job and the number would have been a lot higher if it wasn't for him. That is the type of problem we are facing today in every situation, you say a problem to the politician, and they tell you it is not true and everything is sunshines and rainbows, why? Because if they accept things are not decent they would lose votes. That is why I believe in every nation we can't get better unless politicians realize they have to do something to fix what is bad.

[Sithara007]

If you check the stats, then it can be seen that there have been a lot of improvement in the situation. Back in August/September, there were on average between 6,000 and 7,000 deaths per day. This has declined to 4000-5000 now. And this has happened despite the steady increase in new cases. So we have evidence to say that the mortality rate from COVID 19 is going down.

[Mauser]

If you check the stats, then it can be seen that there have been a lot of improvement in the situation. Back in August/September, there were on average between 6,000 and 7,000 deaths per day. This has declined to 4000-5000 now. And this has happened despite the steady increase in new cases. So we have evidence to say that the mortality rate from COVID 19 is going down.

I agree, the corona virus was very new during the first wave for every country. People didn't know what to expect and the countries where not prepared. Now with the second wave we see that hospitals and medical staff are much more prepared, that is why the death numbers are much lower. I hope in the long run we see the death rate of corona to be closer to the flu once we have vaccines and better medication available.

[Haunebu]

Observed that you like boasting about your viewpoints on different political matters through different threads in this forum. I tend to disagree with most of your views since they are baseless and pure assumptions without any sort of hard evidence backing them up op.

Coming to this particular topic, crisis has always been a normal that people have been dealing with for ages(Natural Calamities, Terrorist attacks etc).

Human beings have always overcome these obstacles no matter what though we are responsible for most of these problems.

[shield132]

The problem in this world is that we are afraid of wars and put more money into development and research in this aspect. A lot of resources is wasted on military services. What if we had no war? There wouldn't be any need of military and it would save tons of money that could be invested in education and development of people. But, at the same time even if it sounds paradoxical, the war still plays one of the major roles in our development. War is the time when the development of different things is skyrocketed. For example, during world wars, there were created synthetic testosterone and other anabolic compounds, there were created stimulants which play a huge role right now because of their effect on cognitive abilities and attention (on the long term they burn neurons and are bad). You can't see a campus without it...

The Fiat currencies are so great that Elite Don't have really Plan to kill Fiat currencies.

Im sure the Trump and Elite like the World how it is.

I don't accept it that Trump or whatever leader in the world and their elites has power to change the world. They can make policies but depends on the people to follow the policies. Power belongs to the people, therefore it is the people that have power to cause such global change. Most countries are now practicing democracy which is simply the government of the will of the people.

Power belongs to the people, check most revolution that caused change and removing of government are people oriented. From the recent succession in Africa to the times in the past in Asia, Europe etc.

In reality, power really belongs to people but the problem is that people don't know / are unable to use this power. The reason is the lack of education and how governments try to zombify people. Democracy is a right to make the wrong choice by the way. And about revolution, people aren't those who cause changes, these are the certain people who really change the world, not people.

[Vishnu.Reang]

I agree, the corona virus was very new during the first wave for every country. People didn't know what to expect and the countries where not prepared. Now with the second wave we see that hospitals and medical staff are much more prepared, that is why the death numbers are much lower. I hope in the long run we see the death rate of corona to be closer to the flu once we have vaccines and better medication available.

Agreed. Even in my country during the initial phases the doctors and other health workers didn't had access to protective equipment such as PPE kits. Now the situation has changed. Also equipment such as Oxygen cylinders and ventilators have become more readily available in the hospitals. Perhaps as a result of this the fatality rate has gone down in most of the countries.

[Istiaque]

Although the developed countries of the world have overcome the crisis and returned to normalcy many countries still do not have any pests and treatment facilities to cure the poor corona virus. We need a two- or three-year ‘economic recovery’ plan which requires the formulation of a national budget for the next fiscal year. Such as taking measures to launch planned economic activities higher allocations for health agriculture and social security sectors, proper implementation of incentive packages and taking and implementing effective reforms in certain specific areas including banking and tax sector.

[Alert31]

Coming to this particular topic, crisis has always been a normal that people have been dealing with for ages(Natural Calamities, Terrorist attacks etc).

Human beings have always overcome these obstacles no matter what though we are responsible for most of these problems.

I agree with you. Crisis is not a new normal because it is already normal for us as a human being but every crisis has an end and solution because people will always find  ways to overcome it. Like what happened this year, covid 19 pandemic killed a huge number of people around the world but now it slowly decreasing and many people are now working hard to go back to their normal life.

[jademaxsuy]

Crisis had never done good from the word itself which CRISIS. If you knew its meaning then good and if not then try to google it yourself.

The pandemic had cost so much to us from our everyday life living to support our needs which is likely difficult especially to us the low income earners. If you have seen the less fortunate people like homeless it would be nice of you to think how much they are feeling right from the start before the covid and up to now which covid19 viruses added the difficulty striving towards survival.

[ultrloa]

Coming to this particular topic, crisis has always been a normal that people have been dealing with for ages(Natural Calamities, Terrorist attacks etc).

Human beings have always overcome these obstacles no matter what though we are responsible for most of these problems.

I agree with you. Crisis is not a new normal because it is already normal for us as a human being but every crisis has an end and solution because people will always find  ways to overcome it. Like what happened this year, covid 19 pandemic killed a huge number of people around the world but now it slowly decreasing and many people are now working hard to go back to their normal life.

Disagree since it's not normal for a progressive countries and most provably will not occur when the economic state of the country is on good shape, so since there's a pandemic everything is at risk and down due to the unfortunate situation but once this will be end up and the right cure will be found we will experience the revival and a progressive economical state of major countries.

[Stavri]

Also I Don't complain either the money printing makes cryptocurrency going up too.
So I think the debt and this money printing is beneficial.

i dont agree. i dont think economical crisis and inflation has positive effect in crypto market anymore. crypto market follows also global stock market, move paralel to gold etc.

[bitgolden]

The problem in this world is that we are afraid of wars and put more money into development and research in this aspect. A lot of resources is wasted on military services. What if we had no war? There wouldn't be any need of military and it would save tons of money that could be invested in education and development of people. But, at the same time even if it sounds paradoxical, the war still plays one of the major roles in our development. War is the time when the development of different things is skyrocketed. For example, during world wars, there were created synthetic testosterone and other anabolic compounds, there were created stimulants which play a huge role right now because of their effect on cognitive abilities and attention (on the long term they burn neurons and are bad). You can't see a campus without it...

Wars are not really needed, it is a political thing and not an ideological thing anymore. What the cause of many wars is the fact that politicians wants votes and that's it, they are the ones who have the button in their hands to start a war or not, and if they want to start a war they would do that only because they think they will earn more votes than they lose. Do you really think that there is ANY politicians anywhere in the world that would start a war if they knew that it would lose them the seat they are in? Obviously not, they will definitely make sure that they start a war that will earn them more power.

So, we need to make sure that the public who votes do not vote for people who start wars, and when they don't that means military will not be needed and won't be spending this much money neither.

[hahay]

The crisis will certainly have an impact on economic difficulties and I think the crisis will still be bad, how can a crisis-hit world still look fine. If that is the case then there is no need for this economic recovery, and is simply investing in the military sector enough to make the people economically good? It seems very unlikely. There is nothing that causes the crisis to make the country develop because there is a need for balance, it should not be focused on one side of the development, because that will only create imbalance in the country itself.

[ololajulo]

The Fiat currencies are so great that Elite Don't have really Plan to kill Fiat currencies.

Im sure the Trump and Elite like the World how it is.

I don't accept it that Trump or whatever leader in the world and their elites has power to change the world. They can make policies but depends on the people to follow the policies. Power belongs to the people, therefore it is the people that have power to cause such global change. Most countries are now practicing democracy which is simply the government of the will of the people.

Power belongs to the people, check most revolution that caused change and removing of government are people oriented. From the recent succession in Africa to the times in the past in Asia, Europe etc.

Democracy can be deceiving and I dont think it has been successful anywhere in the world if the system of government does not a way to check the leaders. I so much like the parliamentary system of Government practiced in the United Kingdom, where there is no sovereign power by the leaders. Some cases of shared leadership with president and prime minister without leader sole power. The excesses of Trump government with use of social media and relationship with his subordinate can be too mush

[carter34]

There is nothing that causes the crisis to make the country develop because there is a need for balance, it should not be focused on one side of the development, because that will only create imbalance in the country itself.

Development needs to be balanced for general growth of the whole country. And this is about equity for all the people across all region of the country. Imbalance is a source of agitation and instability that will definitely disrupte gains made.