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Author Topic: 2021 not Looking good  (Read 3159 times)
raidarksword
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November 29, 2020, 03:33:18 PM
 #21

There are no assurance 2021 is going to be good in terms of economy aspects not unless vaccine will be available next year and that's the only hope we have right now hence i've read some news that some virus cases is slow climbing up in some countries. Maybe we are being complacent to our sorroundings that's why it is difficult to fight this unseen enemy we have. And i don't think it next year will be worse than this year because we already have standards and procedures on how to overcome this crisis and by that time vaccine comes. Despite this pandemic, crypto remains stable and next year it will be more exciting to come.

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November 29, 2020, 03:54:43 PM
 #22

And I think the Central bankers are same realistic as I am.
No; they're not.  If they were, they wouldn't have gone ape-shit crazy with the money printing presses without any apparent plan as to how they're going to avoid inflation and massive debt. 

I'm hoping 2021 will be a better year, but I don't think the effects of COVID-19 have shown up in the stock market yet, and that could happen next year.  I'm also not sure about Biden's leadership in the US or about how much more lockdown measures we're going to see because of coronavirus.  I don't think 2021 will be quite as bad as this year, but I've been known to be wrong before when trying to predict the future.

I bet that within 2021, we can all go back to normal and the economy would skyrocket it’s recovery rate. Just my opinion.
Man, I hope you're right and I do hope the vaccine can be manufactured at such a rate that it can be given to as many people as possible as quickly as possible.  It's not going to look that way in the beginning, but we'll see.  I'm keeping my fingers and toes crossed.

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cryptoboss2020 (OP)
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November 29, 2020, 03:57:45 PM
 #23

And I think the Central bankers are same realistic as I am.
No; they're not.  If they were, they wouldn't have gone ape-shit crazy with the money printing presses without any apparent plan as to how they're going to avoid inflation and massive debt. 

I'm hoping 2021 will be a better year, but I don't think the effects of COVID-19 have shown up in the stock market yet, and that could happen next year.  I'm also not sure about Biden's leadership in the US or about how much more lockdown measures we're going to see because of coronavirus.  I don't think 2021 will be quite as bad as this year, but I've been known to be wrong before when trying to predict the future.

I bet that within 2021, we can all go back to normal and the economy would skyrocket it’s recovery rate. Just my opinion.
Man, I hope you're right and I do hope the vaccine can be manufactured at such a rate that it can be given to as many people as possible as quickly as possible.  It's not going to look that way in the beginning, but we'll see.  I'm keeping my fingers and toes crossed.


i think even reptiles have money printing limits:D
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November 29, 2020, 04:35:53 PM
 #24

I believe 2021 will be better than this year because covid-19 caused a big financial problem to the world.


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 don't see that the central bank will do that. Moreover, the central bank is subject to the government in charge and the legislative house. For example, through the government the central bank can be summoned to appear before the legislative house for questioning on a decision taken.

The government won't allow the citizens to suffer internationally if printing money will help.

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November 29, 2020, 04:54:12 PM
 #25

I believe 2021 will be better than this year because covid-19 caused a big financial problem to the world.


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 don't see that the central bank will do that. Moreover, the central bank is subject to the government in charge and the legislative house. For example, through the government the central bank can be summoned to appear before the legislative house for questioning on a decision taken.

The government won't allow the citizens to suffer internationally if printing money will help.


i dont think so but lets see:D
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November 29, 2020, 05:06:27 PM
 #26

How hilarious that prediction about a year coming, moves opposite to the prediction, in 2019 many would hope and say 2020 would be exciting, great well but for the people in china that knows about the virus, 2020 had it excitements but more of evils, every year comes with a version of its making, that what makes the world unpredictable, 2021 next year could wipe away all the bad events of 2020, or it is more of the same next year, regardless we anticipate it content.

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Princejebs
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November 29, 2020, 05:07:46 PM
 #27

You will be disappointed with this analysis. Do you know why?
Most analysts failed at times when they make predictions. Why didn't you see covid-19 coming with 2020?
I bet you were sleeping then. As long as US economy doesn't shamble, they will excel in every difficulties, this isn't the first time and wouldn't be the last time.
I can boldly speak for my country, we will be facing hyperinflation and no doubt about this one.
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November 29, 2020, 05:09:48 PM
 #28

You will be disappointed with this analysis. Do you know why?
Most analysts failed at times when they make predictions. Why didn't you see covid-19 coming with 2020?
I bet you were sleeping then. As long as US economy doesn't shamble, they will excel in every difficulties, this isn't the first time and wouldn't be the last time.
I can boldly speak for my country, we will be facing hyperinflation and no doubt about this one.


well im not predicting im telling things from my logical point of view.
the logically how i see what could be the case ,just logical conlclusion nothing else:)
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November 29, 2020, 09:44:54 PM
 #29

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.

If you do not see it that is simply because you are closing your eyes to the reality, governments with fiat currencies have always printed their currencies into oblivion, that is what always happens and this is not going to be an exception, I would not like this to happen since the crisis that is coming will make the Great Depression look like good times since all the currencies of the world will crash at the same time, something that has never happened, but at this point it is inevitable which is why we are seeing a renewed interest from institutional investors as they are looking for ways to protect their wealth.

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November 29, 2020, 10:05:15 PM
 #30

I have a different view with the opening post, because I think 2021 will look really good when compared to 2020.
Maybe the corona virus cannot be stopped, but humans are getting used to it and will adapt to the corona virus.
So the economy in 2021 can improve, because many people are no longer afraid of facing the corona virus.

In fact, I believe that by 2021 the level of people's awareness of health protocols will improve. Moreover, there has
been a lot of positive news related to the corona vaccine, several pharmaceutical companies claim that the effectiveness
of existing vaccines is as high as 95%. This news will certainly have a positive impact on the economy, so I am sure that
in 2021 it is looking good.

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November 29, 2020, 10:50:37 PM
 #31

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
It is not reckless for them if they have decided to have another set of money to be printed out. They are aware of the cause and effect of it and why they have ended up to that decision.

And before doing that, they have some given solution that can fight against inflation or slow it down before it goes too much up to the extent of what a normal person expects to happen.

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November 29, 2020, 11:02:19 PM
 #32

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.


If you do mean about the possible case when this pandemic wont be solution out then we would really be heading there were most economy on this world would really be on that verge.

If you do look that 2021 for not to be good then do you really had that crystal ball to look on?

We do already have some vaccine and sooner or later it would really be provided into the masses.

R


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sapnu
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November 29, 2020, 11:05:15 PM
 #33

How hilarious that prediction about a year coming, moves opposite to the prediction, in 2019 many would hope and say 2020 would be exciting, great well but for the people in china that knows about the virus, 2020 had it excitements but more of evils, every year comes with a version of its making, that what makes the world unpredictable, 2021 next year could wipe away all the bad events of 2020, or it is more of the same next year, regardless we anticipate it content.
We cannot actually predict what will happen in the future, just like what you have said, there are actually lots of speculations that this year will be prosperous but look what happened to us right now there's crisis because of the pandemic. It is maybe normal nowadays that bad things are happening, maybe because there are lots of people that are greedy with knowledge and power that they using their might to gain those two, without thinking the equivalent cause of their action. 
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November 29, 2020, 11:20:46 PM
 #34

How hilarious that prediction about a year coming, moves opposite to the prediction, in 2019 many would hope and say 2020 would be exciting, great well but for the people in china that knows about the virus, 2020 had it excitements but more of evils, every year comes with a version of its making, that what makes the world unpredictable, 2021 next year could wipe away all the bad events of 2020, or it is more of the same next year, regardless we anticipate it content.
We cannot actually predict what will happen in the future, just like what you have said, there are actually lots of speculations that this year will be prosperous but look what happened to us right now there's crisis because of the pandemic. It is maybe normal nowadays that bad things are happening, maybe because there are lots of people that are greedy with knowledge and power that they using their might to gain those two, without thinking the equivalent cause of their action. 


We are not im not talking about predicting just Logical Financial Economic and Political conclusion based on current situation and future what might be the possibility
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November 29, 2020, 11:41:34 PM
 #35

2020 is the worst and 2021 is the year where all of us will recover. There are no actions yet so how did you found out that 2021 will not be looking good. If it's because of the pandemic, vaccines are on the way right now and COVID-19 will be no longer a huge problem to the economy.
How hilarious that prediction about a year coming, moves opposite to the prediction, in 2019 many would hope and say 2020 would be exciting, great well but for the people in china that knows about the virus, 2020 had it excitements but more of evils, every year comes with a version of its making, that what makes the world unpredictable, 2021 next year could wipe away all the bad events of 2020, or it is more of the same next year, regardless we anticipate it content.
We cannot actually predict what will happen in the future, just like what you have said, there are actually lots of speculations that this year will be prosperous but look what happened to us right now there's crisis because of the pandemic. It is maybe normal nowadays that bad things are happening, maybe because there are lots of people that are greedy with knowledge and power that they using their might to gain those two, without thinking the equivalent cause of their action. 
Yeah, it's hard to predict the future since many things can happen simultaneously. Speculation will be always speculation, it's not guaranteed that it'll happen. So I think 2021 will be our year of recovery but if you think 2021 will be also worst, I guess 2020 is worse since we don't know how can we handle ourselves in a pandemic situation that's why it's very hard to live and most of us don't have jobs.
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November 29, 2020, 11:51:15 PM
 #36

I agree if crypto or Bitcoin looks good in 2021 but why you seem too worried about the world economy? It is too speculative if you stated the world economy will be worse in the next year. In my opinion, all countries have experienced the saddest condition this year. So, the next year should be the time to recover it and improve everything better.

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November 29, 2020, 11:59:16 PM
 #37

We are still not sure about what will literally happen on year 2021 so it is too early to state that the upcoming year is not looking good already at this phase. With regards to crypto, we might be expecting a greater response in terms of its growth for we are seeing a positive response on the price growth this past few weeks up until now hoping that will last for longer time not just by the end of this year. With regards to economical status because of the existing pandemic, we can expect that there will be some positivity to arise since the vaccine created by Pfizer is already stated to be 95% efficient against covid-19 which is a great deal to say because it means that the economies of different countries around the world can go into recovery phase already.

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November 30, 2020, 04:34:18 AM
 #38

I have to disagree with the OP. During the last few weeks, we have seen the gold prices declining and at the same time the crude oil prices have increased by around $10 per barrel (from $38 per barrel to $48 per barrel). For me, these are the strongest indications that the economy is in the right track. Investors believe that the markets are recovering and that is the reason why they are moving the money from gold to stock market.
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November 30, 2020, 05:51:41 AM
 #39

The "Toilet paper" money printing system or commonly known as the "Fiat" system is quickly coming apart with the latest pandemic and the ripple affect of all of this senseless money printing will soon show it's real impact on the global economy.

I do not know if Crypto currencies are the solution for this, because the global economy are already built around a "debt" system and Crypto currencies will have to adapt to that or the world has to adapt. (Massive Loans will be a problem, if you do not have the tokens to back that.)

                                 No more printing money out of thin air to stimulate the global economy. 

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November 30, 2020, 07:35:59 AM
 #40

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.

I think in 2021, we will still face the corona pandemic. Although it is possible that vaccine treatment for corona has appeared.  But the impact of economic pressures because of the corona is still shadowing, because there is no truly powerful vaccine to date. In fact, there are still many vaccines that are being trialed.
For now alone according to news sources, there are over 25 vaccines that are being tested. We don’t know if the vaccine is suitable or not. But at least this becomes a hope that the coronavirus can be completely wiped out from this earth. But for that, the economy will not rise. All are still depressed because of the pandemic.
We understand the situation. But in this pandemic, crypto, especially bitcoin, is a light in the dark.

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