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Author Topic: 2021 not Looking good  (Read 3178 times)
Ziskinberg
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December 07, 2020, 03:08:38 AM
 #141

Due to the 2020 pandemic, it caused an economic crisis worldwide. most countries are trying to cope with the crisis. There are countries that consume almost all resources. therefore, 2021 does not look very positive economically.
This is the reality of the world we live, we don't know what will happen in the future but we will continue to find ways to survive.
Countries will struggle, that's given, but we have to fight the covid-19 by making the right measures to still survive, eventually we will master it and slowly we will rise. Based on what I have observed, slowly, the world is not recovering, we already know what to do as we have adjust with this long pandemic, but this would not last long but the effect will.

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December 07, 2020, 07:30:12 AM
 #142

Due to the 2020 pandemic, it caused an economic crisis worldwide. most countries are trying to cope with the crisis. There are countries that consume almost all resources. therefore, 2021 does not look very positive economically.
This is the reality of the world we live, we don't know what will happen in the future but we will continue to find ways to survive.
Countries will struggle, that's given, but we have to fight the covid-19 by making the right measures to still survive, eventually we will master it and slowly we will rise. Based on what I have observed, slowly, the world is not recovering, we already know what to do as we have adjust with this long pandemic, but this would not last long but the effect will.
The future is indeed unpredictable. That's for sure. But compared to this year, I think 2021 will be a better one. The biggest issue we faced this year is the corona virus but we all know that there are companies and countries that are already producing vaccines. Some are already giving it to their citizens. They're optimistic about it and so am I. I hope that the vaccine will be the end of the virus and I'm looking forward to a better new year.

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December 07, 2020, 07:32:03 AM
 #143

Due to the 2020 pandemic, it caused an economic crisis worldwide. most countries are trying to cope with the crisis. There are countries that consume almost all resources. therefore, 2021 does not look very positive economically.
If in relation to the Corona virus pandemic that people are thinking 2021 will not be good, they are just very wrong. The virus may not be fully eradicated that could lead to its extinction but the pandemic will become the thing of the past likely in 2021. The pandemic is likely reducing now and with more vaccines, the pandemic will be gone. I believe there will be increase in work force by next year in response to what the pandemic has caused in 2020 in which making 2021 to be good if there will be no another pandemic of another virus or something similar.

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December 07, 2020, 02:33:59 PM
 #144

I think 2021 would be economically very sound. The thing is, all the businesses, jobs are reopening with the new energy. Government will go hand in hand to bloom the economy of world. They have no option but to support each other, their locals, neighbours and create a chain of command to overcome this pandemic.

Moreover, 2021 will have reduced number of covid thus making it more easier for international borders to re-open and re-visit all the agenda's that we left. Money is still there, its just that its not flowing into the market because people are very conservative about it and thats but obvious. So according to my assumptions we gonna have best year ahead and not the other way around.
I also saw the same thing. We are sure that in 2021 the economy will return to health, seeing the decline in the world economy for 1 year making many countries and people deprived, I think governments around the world will work extra hard to restore economic conditions. because it concerns the lives of people all over the world

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December 07, 2020, 10:45:53 PM
 #145

Due to the 2020 pandemic, it caused an economic crisis worldwide. most countries are trying to cope with the crisis. There are countries that consume almost all resources. therefore, 2021 does not look very positive economically.

I think it will be the start of that positive economy. The vaccine as they said it is actually done but might not be ready still, there are a lot of medical companies already producing them to be used next year. That is a proof that it would be changing. Another thing is that a lot of countries are already creating their plans to regain their economy in the incoming year.

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December 07, 2020, 11:21:15 PM
 #146

Most likely in 2021, this whole story with the virus will end, but an equally serious problem will come in the form of the global financial crisis. I am sure that in such conditions, the demand for cryptocurrency will grow every month, which will significantly affect the price. Today, more and more often you can see how cryptocurrency is mentioned more and more in the press and on the Internet, and this is only the beginning of the adoption of cryptocurrencies by the wide masses.

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December 07, 2020, 11:44:12 PM
 #147

2021 not Looking good!

Only things what could be good are Bitcoin and cryptocurrency
Other things dont look good!

The economy will go lowest i Think.

Becouse there is still some countries who operating quite normal like sweden, finland but 2021 I think they have to face reality

And I dont see that Central Banks will just recklessly print money anymore just to pump Up economy I think this time they will say no more free money we dont kill the currencies with inflation

I dont belive that money printing dream anymore
And I think the Central bankers are same realistic as I am.

It doesn't mean the 2021 will be the same as like 2020. Things can be changed and already there has a position sign of getting a vaccine of Covid-19 already. This will change the whole thing. Economy will get stable again after the pandemic chapter ended. Hopefully the next year will be the better one.

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December 08, 2020, 04:25:39 AM
 #148

2021 not Looking good!

Only things what could be good are Bitcoin and cryptocurrency
Other things dont look good!

The economy will go lowest i Think.

Becouse there is still some countries who operating quite normal like sweden, finland but 2021 I think they have to face reality

And I dont see that Central Banks will just recklessly print money anymore just to pump Up economy I think this time they will say no more free money we dont kill the currencies with inflation

I dont belive that money printing dream anymore
And I think the Central bankers are same realistic as I am.


With the vaccine on the horizon, it's doubtful that 2021 will be worse than 2020.  If things aren't already improving, we can at least see the light at the end of the tunnel and have a reasonable basis for believing that things will be improving soon.  If there was no vaccine ready for distribution, then perhaps you would have a better time convincing folks that 2021 could possibly be worse.
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December 08, 2020, 05:21:55 AM
 #149

Most likely in 2021, this whole story with the virus will end, but an equally serious problem will come in the form of the global financial crisis. I am sure that in such conditions, the demand for cryptocurrency will grow every month, which will significantly affect the price. Today, more and more often you can see how cryptocurrency is mentioned more and more in the press and on the Internet, and this is only the beginning of the adoption of cryptocurrencies by the wide masses.

I agree, the upcoming global recession could possibly so imminent and crypto industry is the only industry can withstand these possible trying times. Although, we cannot make assumptions out of opinion hence the fact already stated - and its the people.

However, 2021 couldn't be much worst than 2020. 2020 is very bad that it even put the world into shock, dismayed and chaos. All sectors were hit not excluded a single person. Whether you are rich, poor, old, children everyone is affected. But what do we expect, if financial market will be hit - lost job, lost businesses and lost dreams.
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December 08, 2020, 07:25:31 AM
 #150

All throughout this year, it brought us nothing but chaos which we begin to lived with all the hardships and uncertainties. No one really knows what 2021 will bring, but I am quite sure that its not that bad as you might think it is, knowing that there are lots of pharmaceuticals who found the cure and will releases the covid-19 vaccine to the market. Having found the cure is enough to give us more  strength and Hope for the coming year. Despite the fact that the virus will never be vanish totally, the vaccine will give us Light in the shade of darkness. We must keep our faith that we can eventually rise up as well as our economy in any places of the world. And that I strongly believe that the coming year will be full of possibilities, a fresh start for huge profits.
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December 08, 2020, 07:48:00 AM
 #151

We couldn't be so sure about it Covid-19 vaccine has been found and they are saying that it have a high effectiveness so things might slowly go back to normal so we couldn't tell how will it be.
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December 08, 2020, 08:19:30 AM
 #152

unfortunately no one knows what will happen in the future correctly, although technology from year to year will develop and improve its digital products I am sure it will have a direct impact on the price of digital currencies such as bitcoin and others.

It is true every year technology upgrades and every gadgets are improving not only in our economy , i am guessing that 2021 will be good not only in digital currencies but for all of us since the vaccine will start distributing next year and they will start injecting it to people and will be defeat this virus so our economy will start again sooner or later and will be back into normal.

In bitcoin im guessing that it will be a good year for it tho, since it was failed into ATH even it broke the highest price but the trading is quite high nowadays and making profit everyday is good to support our financial needs everyday since businesses are close and removing such good employees and i am hoping that it will be good next year and will start our new life again.
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December 08, 2020, 06:12:01 PM
 #153

I think there is a legitimate reason to be worried about the next year because during this one governments have printed so much money that inflation is going up very rapidly in many countries and even if the stock market seems like it is reaching new highs and everything is OK, the economy of the world indicates that tens of millions of people have lost their jobs and those jobs are not coming back because those businesses have closed their doors and there is a possibility that the next year this problem compounds and more people lose their jobs and at that point no matter how much money governments print the economy will be beyond salvation.
This among other reasons are why people think that the world economy is not going to recover that quickly. You can't just control shrinkage by just hiring more people on your company, you gotta make sure that they stay as well. This goes for the world economy too, a fix isn't a fix if it doesn't repair the main problem. And I don't see vaccines as being the repair we were waiting for.
Unfortunately I have to agree with this, the vaccine is going to solve one of our problems, a very important one without a doubt but not the crucial one, the pandemic has created an economic problem of which we have not seen before and governments have tried to solve that problem by printing currency, but now they have printed so much currency that it is becoming a problem in itself and it seems governments are going to try to fix that problem by printing even more currency which doesn't make a lot of sense.
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December 08, 2020, 11:10:40 PM
 #154

Most likely in 2021, this whole story with the virus will end, but an equally serious problem will come in the form of the global financial crisis. I am sure that in such conditions, the demand for cryptocurrency will grow every month, which will significantly affect the price. Today, more and more often you can see how cryptocurrency is mentioned more and more in the press and on the Internet, and this is only the beginning of the adoption of cryptocurrencies by the wide masses.
The growth of Cryptocurrency will become more significant to the world because of pandemic. The development of online business, online transactions and other internet things will give a way for crypto industry to become more popular in the world. There are many businesses will rely in crypto as part of their transaction payment. In fact, the integration of paypal is a big key for bitcoin's popularity. By the end of this year, I hope all things will gone and face a new year with a new smile. Even we all facing the global financial crisis, famine and poverty in 2021 because of this pandemic. Let us all pray to have a better life after this pandemic.

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December 09, 2020, 12:47:12 AM
 #155

2021 not Looking good!

Only things what could be good are Bitcoin and cryptocurrency
Other things dont look good!

The economy will go lowest i Think.

Becouse there is still some countries who operating quite normal like sweden, finland but 2021 I think they have to face reality

And I dont see that Central Banks will just recklessly print money anymore just to pump Up economy I think this time they will say no more free money we dont kill the currencies with inflation

I dont belive that money printing dream anymore
And I think the Central bankers are same realistic as I am.

See we are not into year 2021 we are still in 2020 and you have started predicting the future of 2021 which we know that is not possible, you would have alone to step in 2021 before saying all these things because it's very clear that each year determine how it's run or manage by the people who Governor it, so do not be much inquisitive concerning what will happen next year just alone it to end first.


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Wawa2013
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December 09, 2020, 02:02:35 AM
 #156

The economies of several countries in the world are getting worse, if the vaccine is not distributed immediately in 2021 the economy
will be even worse. Because the government has begun to realize that printing money is not an effective way to restore the economy,
if it continues there will be hyperinflation. I believe the government is starting to see cryptocurrency as something good for restoring
the economy, and some countries are starting to tax cryptocurrencies. I agree that taxing cryptocurrencies will help the economy,
but the taxes imposed should not be too large. The government must be wise in making decisions.

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loopes
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December 09, 2020, 08:15:14 PM
 #157

Why you are so pessimistic about 2021?
I think 2021 wil greater than 2020. Coid vaccines are being produced. I think with the end of social distance, the economy wil raise again.
2021 will be better or not depends on each region's condition its self. We can not discuse by generalize that something bad in the future will be happen in all region. because when Thread Stater said that nothing will be good beside bitcoin and crypto in 2021, but some countries are currently growing after surviving with corona. let us say China, china's economy are bouncing now and ready to be better for 2021 China's economy continues to bounce back from virus slump

meanwhile the goverment of my country also successed to import the vaccine of the covid-19, so because of this i think my country will have more power to beat the virus and try to grow the economy.

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December 10, 2020, 10:13:15 AM
 #158

I would say that 2021 could be better financially in the traditional markets if this pandemic passes. By all the looks of it the vaccines are out on the way, there were talks about 4 years and at best 2 years and right now after just one year we already have it, and to be frank we had "only" 1 million people dead this time around, compared to all pandemics in the world that killed so much of the population way back in the past, this one was mild compared to devastation they brought.

I would say people didn't expect to recover this quickly and one of the main reasons why we have managed to recover this quickly is science. Hopefully 2021 will be better, not just for our health, not just for traditional markets, but also for crypto at the same time as well.

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December 10, 2020, 11:36:56 AM
 #159

Why you are so pessimistic about 2021?
I think 2021 wil greater than 2020. Coid vaccines are being produced. I think with the end of social distance, the economy wil raise again.
2021 will be better or not depends on each region's condition its self. We can not discuse by generalize that something bad in the future will be happen in all region. because when Thread Stater said that nothing will be good beside bitcoin and crypto in 2021, but some countries are currently growing after surviving with corona. let us say China, china's economy are bouncing now and ready to be better for 2021 China's economy continues to bounce back from virus slump

meanwhile the goverment of my country also successed to import the vaccine of the covid-19, so because of this i think my country will have more power to beat the virus and try to grow the economy.
It is true, we shouldn't take a pessimistic view after the success of the covid-19 vaccine. The economy won't recover after a year or two, but it should get better, especially the services and tourism industries. About bitcoin and digital currencies, the market is unstoppable this year, so there are definitely more breakthroughs next year. All predictions are just sentimental, expecting 2021 success.
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December 10, 2020, 12:58:19 PM
 #160

It is true, we shouldn't take a pessimistic view after the success of the covid-19 vaccine. The economy won't recover after a year or two, but it should get better, especially the services and tourism industries. About bitcoin and digital currencies, the market is unstoppable this year, so there are definitely more breakthroughs next year. All predictions are just sentimental, expecting 2021 success.

I don't expect sectors such as tourism and air travel to recover in 2021. Vaccination is going to take a lot of time, and only after the majority of the world population is vaccinated, we can expect the tourist industry to start its recovery. Also, a lot of the potential tourists are facing financial crunch as a result of the pandemic, and they may be forced to shelve their vacation plans for 2021.
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