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Author Topic: U prepared for great depresion or u want to be surprised?  (Read 509 times)
Kakmakr
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July 22, 2022, 12:09:21 PM
 #21

We are bombarded with so-called experts that are predicting a "Global economic collapse" almost every week.... and each of those so-called experts are shilling for some kind of asset or commodity (that they are invested in) to pump the price. Let's buy some bitcoins ....just in case something does go wrong, but let's avoid the "shilling" for Bitcoin as a safe haven to pump up the price.  Roll Eyes

We can be Doom's Day Preppers .... without having to influence others to do the same.... just be an example and they will follow on their own. (You just look like a crazy person to them, if you force the issue)

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July 22, 2022, 01:43:44 PM
 #22

I know it's going to happen one day, but there's so much talk about a recession nowadays that I doubt it's going to hit this or next year. With problems in the economy it's that when people talk about it and are ready it never happens. Some examples are the projected real estate crash that people were talking about for the last 10 years, but we had a covid crash in 2020 that nobody expected.

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July 22, 2022, 01:59:16 PM
Last edit: July 22, 2022, 02:25:26 PM by trendcoin
 #23

...
Gona be interesting process to watch specially real estate collapse wich will surprise many of you and thats funny

The prices of valuable commodities and the world population are increasing. I think as these two indicators continue to increase, the need for housing will always be on the agenda. I won't say anything about luxury housing or private land prices, but I think the need for housing will be constant. Also, if the real estate bubble bursts in a world where the rich are getting richer, opportunities arise for those who need housing... Big market makers are creating an imbalance in prices by instilling fear. I don't think we're going to have a major depression. Surprisingly, I guess we will continue on our way. I am not very pessimistic about our future...

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July 22, 2022, 04:33:22 PM
 #24

If the great depression starts soon, it won't surprise me at all. I've heard from various sources about the possibility of this happening, but I don't think it will be allowed to happen. Governments of countries, especially those that are economically strong, are unlikely to want to allow a scenario with a great depression. Similar phenomena have already happened in history, and I don't think that there are those who want to repeat this. Therefore, governments will try to prevent this by using their knowledge and available "tools". Another thing is that this may not be enough. Wait and see. In any case, if the great depression is on "the way", then no one will be able to avoid its consequences.

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July 22, 2022, 04:39:39 PM
 #25

it feels like the world leaders are taking us into this intentionally. Time to reset the balance books and re-distribute the wealth to a select few, while the rest of us scratch away to survive

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July 23, 2022, 09:20:21 PM
 #26

it feels like the world leaders are taking us into this intentionally. Time to reset the balance books and re-distribute the wealth to a select few, while the rest of us scratch away to survive
That is the point well mentioned - rest of us scratch away to survive.
But I believe we all have to exclude the luxury from our lives and we need to live our life looking to fulfill our need only.

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July 25, 2022, 07:02:04 PM
 #27

Ready not ready, must be ready. That's what I do in certain situations, including a major depression that might just come. From there I realized that we must be really ready in any situation and at any time. Actually we can only try to avoid this, if it can't be avoided then prepare ourselves as best as possible.
I think we must be all braced for the worse possible outcome.
Should find some ways to earn some extra money. And hold on all the unnecessary expenses. Because  tough time is coming a head. With the Biden visit to Saudia there will be another episode of inflation.

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July 25, 2022, 09:03:35 PM
 #28

I don't think anybody can be fully prepared for the recession or great depression that is looking more and more like it will hit soon. You can only work with what you have and hope for the best. To be prepared at all you'll need money which a large percentage of people don't have
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July 26, 2022, 02:41:50 AM
 #29

I don't think anybody can be fully prepared for the recession or great depression that is looking more and more like it will hit soon. You can only work with what you have and hope for the best. To be prepared at all you'll need money which a large percentage of people don't have
It is true those that do not have a lot of resources cannot really do much to prepare themselves for the recession that is coming, but those which are middle class can do so but they refuse to see the truth that is right in front of them, this is the time to settle all your debts and begin to save as much money as possible and yet this is not what we see, the middle class is most of the time living beyond their means which means they cannot save money either, so only those which are rich and the ones which are cautious will be able to have the tools to resits and even benefit from the recession that is coming.

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July 26, 2022, 04:06:36 AM
 #30

Ready not ready, must be ready. That's what I do in certain situations, including a major depression that might just come. From there I realized that we must be really ready in any situation and at any time. Actually we can only try to avoid this, if it can't be avoided then prepare ourselves as best as possible.
I think we must be all braced for the worse possible outcome.
Should find some ways to earn some extra money. And hold on all the unnecessary expenses. Because  tough time is coming a head. With the Biden visit to Saudia there will be another episode of inflation.

The world situation seems to be getting worse, with many things happening that we don't expect, we who have a mind should think critically and
try to face it with the best ability that each of us has, And don't be a person who gives up easily. Our job is actually only need to have a large
amount of money savings, and everyone must maximize their respective skills to make as much money as possible. After that we can invest
in some assets that do have a bright future. Then our lifestyle also needs to be changed, in the current economic situation, we really have to start
learning to live frugally, by buying something we only need. This means that we must be able to distinguish between wants and needs.
I believe people who work hard, never give up and manage their finances well can survive even in the worst situations.

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July 29, 2022, 03:44:12 PM
 #31


The world situation seems to be getting worse, with many things happening that we don't expect, we who have a mind should think critically and
try to face it with the best ability that each of us has, And don't be a person who gives up easily. Our job is actually only need to have a large
amount of money savings, and everyone must maximize their respective skills to make as much money as possible. After that we can invest
in some assets that do have a bright future. Then our lifestyle also needs to be changed, in the current economic situation, we really have to start
learning to live frugally, by buying something we only need. This means that we must be able to distinguish between wants and needs.
I believe people who work hard, never give up and manage their finances well can survive even in the worst situations.
Although the inflation and the current economic situation is very stressful for everyone - but there are some people who are living in developed country and get compensation from the government - but then on the other are people who do not get any support and have to deal with all the stress and trouble themselves.
So mostly people are prepared for greater depression and there is no support coming soon.

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July 29, 2022, 04:04:21 PM
 #32


The world situation seems to be getting worse, with many things happening that we don't expect, we who have a mind should think critically and
try to face it with the best ability that each of us has, And don't be a person who gives up easily. Our job is actually only need to have a large
amount of money savings, and everyone must maximize their respective skills to make as much money as possible. After that we can invest
in some assets that do have a bright future. Then our lifestyle also needs to be changed, in the current economic situation, we really have to start
learning to live frugally, by buying something we only need. This means that we must be able to distinguish between wants and needs.
I believe people who work hard, never give up and manage their finances well can survive even in the worst situations.
Although the inflation and the current economic situation is very stressful for everyone - but there are some people who are living in developed country and get compensation from the government - but then on the other are people who do not get any support and have to deal with all the stress and trouble themselves.
So most people are prepared for greater depression and there is no support coming soon.

In our country, we don't get any support from the government so we don't have any choice but to grind hard and deal with the stress of this inflation crisis. If we will not work and hustle hard, we will not survive. Lots of people are suffering because of the increasing inflation rate here but everyone should find ways to continue living. Yes, self-discipline and a proper lifestyle that would fit our salaries are necessary. Saving is also important nowadays because for sure, this inflation crisis will still continue to rise.
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July 29, 2022, 04:14:51 PM
 #33


The world situation seems to be getting worse, with many things happening that we don't expect, we who have a mind should think critically and
try to face it with the best ability that each of us has, And don't be a person who gives up easily. Our job is actually only need to have a large
amount of money savings, and everyone must maximize their respective skills to make as much money as possible. After that we can invest
in some assets that do have a bright future. Then our lifestyle also needs to be changed, in the current economic situation, we really have to start
learning to live frugally, by buying something we only need. This means that we must be able to distinguish between wants and needs.
I believe people who work hard, never give up and manage their finances well can survive even in the worst situations.
Although the inflation and the current economic situation is very stressful for everyone - but there are some people who are living in developed country and get compensation from the government - but then on the other are people who do not get any support and have to deal with all the stress and trouble themselves.
So most people are prepared for greater depression and there is no support coming soon.

In our country, we don't get any support from the government so we don't have any choice but to grind hard and deal with the stress of this inflation crisis. If we will not work and hustle hard, we will not survive. Lots of people are suffering because of the increasing inflation rate here but everyone should find ways to continue living. Yes, self-discipline and a proper lifestyle that would fit our salaries are necessary. Saving is also important nowadays because for sure, this inflation crisis will still continue to rise.

I couldn’t agree more because what’s the point of shouting and expressing your emotions if the government is the one who doesn’t want to listen. Inflation has affected every sector of our country but for them they want to let us feel we are a great impact for change where in fact we are just speck of dust for them. If you really want to survive, go have a business that targets a human’s necessities and by hardwork and perseverance everything will pay off your work. Budgeting has the most impact in our standards of spending because it controls or regulate something we need and we don’t need. It gives balance for what is the most priority.
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July 31, 2022, 11:39:02 PM
Last edit: August 01, 2022, 03:56:58 AM by Cryptock
 #34



I couldn’t agree more because what’s the point of shouting and expressing your emotions if the government is the one who doesn’t want to listen. Inflation has affected every sector of our country but for them they want to let us feel we are a great impact for change where in fact we are just speck of dust for them. If you really want to survive, go have a business that targets a human’s necessities and by hardwork and perseverance everything will pay off your work. Budgeting has the most impact in our standards of spending because it controls or regulate something we need and we don’t need. It gives balance for what is the most priority.
we are all prepared for the depression unless we achieve the financial stability
so better be braced up for the tough time than crying over the spilled milk. The current economic situation is going to hit everyone and it is going to hit very hard.

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August 03, 2022, 08:22:56 AM
 #35

The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.
stomachgrowls
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August 03, 2022, 09:24:53 PM
 #36



I couldn’t agree more because what’s the point of shouting and expressing your emotions if the government is the one who doesn’t want to listen. Inflation has affected every sector of our country but for them they want to let us feel we are a great impact for change where in fact we are just speck of dust for them. If you really want to survive, go have a business that targets a human’s necessities and by hardwork and perseverance everything will pay off your work. Budgeting has the most impact in our standards of spending because it controls or regulate something we need and we don’t need. It gives balance for what is the most priority.
we are all prepared for the depression unless we achieve the financial stability
so better be braced up for the tough time than crying over the spilled milk. The current economic situation is going to hit everyone and it is going to hit very hard.
Easy to say for someone who do know that they could sustain these kind of situation just because they are entirely different when it comes to financial state which they do know that they could really

able to survive no matter what the economic situation would be.Yes, all of us would really be hit but we know the difference into those people who dont have money much and to those
people who do have lots.
Crying and whining wont really change a thing thats why you should really change your perception on things.

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blockman
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August 03, 2022, 11:13:18 PM
 #37

The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.
Those that are aware of the global situation will have preparations in dealing with this great depression. It will exclude no one and will hit mostly those that are not that fortunate in life.
Aside from spreading your investments, there's really a need to be that knowledgeable in currencies so that you're aware of which currency is good to convert and save value when that comes. And us in here, we all know that it's bitcoin and that's why bitcoin was made too because this reason is part of it.

Cryptock
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August 05, 2022, 08:14:32 PM
 #38

The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.
Those that are aware of the global situation will have preparations in dealing with this great depression. It will exclude no one and will hit mostly those that are not that fortunate in life.
Aside from spreading your investments, there's really a need to be that knowledgeable in currencies so that you're aware of which currency is good to convert and save value when that comes. And us in here, we all know that it's bitcoin and that's why bitcoin was made too because this reason is part of it.
I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

.
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August 05, 2022, 08:41:02 PM
 #39

The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.
A crisis is looming, even those which do not know much about the economy can feel there is something wrong with it and that things are about to get worse, this is even more true if a conflict between China and Taiwan erupts, however a great deal of people cannot do much to protect themselves, they are so indebted that no matter what they do they cannot escape those debts on the short term and as such they are at complete mercy of whatever happens during the next months and years.

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August 05, 2022, 08:48:21 PM
 #40

Ohh its the job of time I can't do it as I can't decide but i know i wond be depressed by the value of the BTC so I'm clear about it can surprise me. Rest of the things lies on the time as always time decides what ongoing and whats going to happen. All we do is just developing the interest here

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