pooya87
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July 28, 2024, 02:05:08 PM |
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~ I talked with top experts they told we might not have 10 days Even USA moneymarkets are empty of money all ready
1) Every bitcoiner remembers the collapse of 2008 because Bitcoin was created out of those ashes. And we have been seeing the same signs of another collapse. 2) I've also talked about the economic crisis in the West more than anybody else in this board. A crisis that is only going to get worse considering nothing has changed (Europe is deindustrializing and the world is dedollarizing). * But it is not possible to predict when that catastrophic collapse is going to happen. And there is no such thing as "top experts" specially when they are unnamed As for "USA moneymarkets" they've been empty of "money" ever since Bretton Woods days and the US economy has been turning into more of a Ponzi scheme ever since. But that also doesn't mean a predictable date for its demise. There are still stupid regimes (like Japanese one) that are purchasing that debt and destroying their own economy to keep US economy alive.
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WillyAp
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July 28, 2024, 02:14:01 PM |
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There are still stupid regimes (like Japanese one) that are purchasing that debt and destroying their own economy to keep US economy alive.
We live in a worldwide entangled economy. Some restrictions are good, most restrictions are pretty bad. Globalización was done to give western industries a leverage over the smaller countries' industries, companies like Nestle, among others, had a feast decade on their buying spree. The big 4 (car industries USA) signed manufacturing rights so those countries could assemble cars, 200 a Year. In exchange for Not so free trade in used cars. Just as a few examples- Crisis? We are in recession with an excess in money, money held by fewer organizations. Fewer organizations means that there is less spread. Consumers make the engine run. Bitcoin became popular when Bitcoin was spread, nowadays hardly anyone spreads wealth.
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Fortify
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July 28, 2024, 03:29:19 PM |
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This is come from. Economics very top people inside info We have Maximum of 5-10 days If we don't lower rates everything Will fall. The USA fed money market repo operation funding daily the world but it's empty now. In order to fill it up fed needs cut rates otherwise we fall down Banks wount work and many issues. However that's why smartest people have stablecoins and cryptocurrency Because crypto is like last rock where you can stand on in middle of the big ocean.
Central banks are often populated by so-called experts but they always seem to be behind the curve when it comes to the economy. They act like they have some huge forecasting knowledge, but the reality is they have fractionally more information and guessing ability than any random person with a bit of economic sense. They waited far too long before they raised rates, then had to raise them super high to counteract their previous lax behavior and now they are probably delaying too long rather than slowly bringing down rates over time. The fact they seem to do things all-or-nothing is a bit lousy, they could have easily been notching the rates down for a while now and spread out the downward trajectory.
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Haunebu
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July 28, 2024, 03:56:09 PM |
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Hilarious! Do you really think the world would actually collapse just like that op? If you do, you are delusional and you need to do more research about how the global economy works.
The US economy has been recovering pretty nicely recently which is why I don't really believe these crazy conspiracy theories frankly speaking.
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avikz
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July 28, 2024, 06:52:40 PM |
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This is come from. Economics very top people inside info We have Maximum of 5-10 days If we don't lower rates everything Will fall. The USA fed money market repo operation funding daily the world but it's empty now. In order to fill it up fed needs cut rates otherwise we fall down Banks wount work and many issues. However that's why smartest people have stablecoins and cryptocurrency Because crypto is like last rock where you can stand on in middle of the big ocean.
What's the basis of this prediction? Also, it's a problem for US and not for the world. If the USD falls, the world trade will move to another currency system. A temporary hit will be seen but the world will be able to bypass that quite easily. Learn and know about the new world order. USD doesn't represent the world currency. The world will quickly find an alternative and move on. FED will start the next meeting on 30th July and hopefully will come up with a solution to their problems. just one more day to go!
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CryptopreneurBrainboss
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July 28, 2024, 09:47:53 PM |
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However that's why smartest people have stablecoins and cryptocurrency Because crypto is like last rock where you can stand on in middle of the big ocean.
The world didn't collapse during the 2020 pandemic crisis, what makes you think it will collapse now. The world has never been free of economy crisis from the early days of our forefathers, nothing has changed and nothing will change because we'll always be barley surviving this world until we all die. The fed aren't lowering the rate anytime in the near future, they'll keep increasing it and the economy will keep getting worse and worse. We have to live with that but there are always ways we can station ourselves to be at an advantage and not live like others that are living hand to month daily/monthly. Don't get things confused though because of the economy/world is about to collapse, nothing will be spared because everything is going down. I always refer to the pandemic disaster as a case study because during the pandemic nothing was spare but as so as the economy began to recover, there were things that lead the charts and that's where investing in Bitcoin comes in handy. The world economy controls this market too as fear leads in volatile markets. As the world's economy is crashing, people will be safeguarding their wealth but crashing out of their investment so nothing is always safe expect physical investment that have safe haven privileges.
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o48o
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July 30, 2024, 11:05:43 AM |
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This is come from. Economics very top people inside info We have Maximum of 5-10 days If we don't lower rates everything Will fall. -cut-
Give me link to quote where one single top economist that says this, because it sounds like you don't know much about economics or have reliable sources. USA has AA+ credit rating and in no way they are in any trouble yet. They have strong infrastructure and extensive natural resources, and it all depends how they are used. Only thing that would collapse them fast would be removing taxes and regulatory oversight. That would lead to broken infra, disfunctional government, and to highly corrupt country, and probably to be divided by civil war. And even then "world" wouldn't collapse. USA us is not "world".
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Minor Miner
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July 30, 2024, 03:25:58 PM |
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Hilarious! Do you really think the world would actually collapse just like that op? If you do, you are delusional and you need to do more research about how the global economy works.
The US economy has been recovering pretty nicely recently which is why I don't really believe these crazy conspiracy theories frankly speaking.
I don't even know what he's talking about, how will our world collapse in the next 10 days if the Fed doesn't lower interest rates? Who were the experts he spoke with, because what he said showed that he did not have any basic knowledge of how the world economy worked. This is not the first time the Fed has raised interest rates and it is not the first time the economy has encountered difficulties. I agree that the Fed maintaining high interest rates is causing many difficulties for the economy, but things are not so bad, how can it collapse in the next 10 days? Not only the US, the economies of many countries are also gradually recovering quite well even though the Fed refused to reduce interest rates. What he said confused me.
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dezoel
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July 30, 2024, 06:15:02 PM |
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I am sick and tired of all these "world will end!! rapture is near!!" type of people. Yes world is going worse, yes I believe in climate change which means that in the future world will be inhabitable and all humans will die and we are too late to "fix" it by normal measures, so we literally need to invent something that can reverse all of this one day, or we are all doomed.
Yes I believe that world war three will happen eventually, maybe in our life time, maybe sometime later, who knows when but I do believe that over a dozen nations will attack each other. What I do not really believe in is the fact that we are talking about economics being such a small part of it. Like fed rates not lowering will END the world? Come on man, there are so many existential problems in the world, I really doubt that this is one of them, we are not going to end up with anything crazy just because fed rates are not lower, we will be fine, nothing will change all that much.
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iv4n
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July 30, 2024, 06:33:23 PM |
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I am sick and tired of all these "world will end!! rapture is near!!" type of people. Yes world is going worse, yes I believe in climate change which means that in the future world will be inhabitable and all humans will die and we are too late to "fix" it by normal measures, so we literally need to invent something that can reverse all of this one day, or we are all doomed.
Yes I believe that world war three will happen eventually, maybe in our life time, maybe sometime later, who knows when but I do believe that over a dozen nations will attack each other. What I do not really believe in is the fact that we are talking about economics being such a small part of it. Like fed rates not lowering will END the world? Come on man, there are so many existential problems in the world, I really doubt that this is one of them, we are not going to end up with anything crazy just because fed rates are not lower, we will be fine, nothing will change all that much.
You are right, I think the same... Politicians & bankers are the biggest "drama quins", they are swimming in money but their propaganda is totally different. It's simply because it's easier to rule the world if people are scared, it's easier to control the masses if you constantly keep people in some "mindset" that some big shit will happen, and every time they "solve the crisis" and become self-proclaimed heroes. Happened zillion times, and will continue to happen in the future, too many people fall on that shit. I have only one piece of advice for people: Turn off the TV and turn on your brain. “It’s better to be uninformed than misinformed. I even doubt some of the pictures I see in the papers.” ― Orville Hubbard
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Waldorf77 (OP)
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July 30, 2024, 06:35:24 PM |
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~ I talked with top experts they told we might not have 10 days Even USA moneymarkets are empty of money all ready
1) Every bitcoiner remembers the collapse of 2008 because Bitcoin was created out of those ashes. And we have been seeing the same signs of another collapse. 2) I've also talked about the economic crisis in the West more than anybody else in this board. A crisis that is only going to get worse considering nothing has changed (Europe is deindustrializing and the world is dedollarizing). * But it is not possible to predict when that catastrophic collapse is going to happen. And there is no such thing as "top experts" specially when they are unnamed As for "USA moneymarkets" they've been empty of "money" ever since Bretton Woods days and the US economy has been turning into more of a Ponzi scheme ever since. But that also doesn't mean a predictable date for its demise. There are still stupid regimes (like Japanese one) that are purchasing that debt and destroying their own economy to keep US economy alive. The Fed can print again but only if new large enough crisis emerges. My top expert who i been talking expecting china will attack tawain that could be reason for rate cuts enough. But this time instutions will borrow the new dollar the USDC the old dollar is allmost done.
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WillyAp
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July 30, 2024, 07:54:44 PM |
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The Fed can print again but only if new large enough crisis emerges.
You need to see a psychologist, just have a chat. If several people explain that the $ could disappear and that would not end the world you still hang on and maintain that the world will end once the fed will print more than usual. FYI the feds print money every day, to replace all those bills the US and 11 other countries destroy every day by using it.
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pooya87
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July 31, 2024, 06:03:15 AM |
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The Fed can print again but only if new large enough crisis emerges. My top expert who i been talking expecting china will attack tawain that could be reason for rate cuts enough. But this time instutions will borrow the new dollar the USDC the old dollar is allmost done.
They are already printing $1 trillion every 100 days and they are in a crisis mode. As for China-Taiwan situation, anybody who claims to be "predicting" an invasion date is too naïve to even be talking about such things let alone be called a "top expert". That's an unpredictable situation and the chances are China is not going to invade in the near future. Additionally if another major war breaks out involving China, it would cause a much higher inflation in US since US economy heavily depends on Chinese economy. To battle inflation, the only thing they know how to do is to increase rates not cut them. That's just basic economy that doesn't get an expert to know. As for shitcoins like USDC, nobody should touch centralized shitcoins unless they have absolutely no other choice.
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Waldorf77 (OP)
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August 03, 2024, 11:01:37 AM |
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The Fed can print again but only if new large enough crisis emerges.
You need to see a psychologist, just have a chat. If several people explain that the $ could disappear and that would not end the world you still hang on and maintain that the world will end once the fed will print more than usual. FYI the feds print money every day, to replace all those bills the US and 11 other countries destroy every day by using it. Look the usa stock markets now more to come it's a falling knife.
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dansus021
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August 03, 2024, 04:47:29 PM |
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World is about collapse If fed don't lower rates the answer is not going to really collapse but there is might be some hit if the Fed do nothing about the rates. I mean United State become a core of global economic right now but if we see the big picture I think is going to move to another country like China.
Geopolitics in America right now is still uncertain until a new president gets elected and sets some new rule in the house. For now the best for us is just watch and see I know the inflation are crazy but it is still better rather than 2022 rates
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kryptqnick
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August 04, 2024, 06:33:30 AM |
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I was waiting for some time to pass before replying in the thread, as the op suggested that we have 5–10 days before the world collapsing unless the Fed lowers interest rates. It's been 10 days, the Fed has left the interest rates unchanged. Some expect the rates to be lowered in September, but we'll see. The situation isn't great, but not a collapse either. The world is standing, the global economy is working. Meanwhile, the op suggested it would be good to stock up on cryptos, but Bitcoin is actually nearly 10% down over 7 days, which seems more than what the US stock market has lost, it seems. I'm not saying it's a bad situation for Bitcoin, but I'm just pointing out that the traditional economy isn't collapsing.
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WillyAp
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August 04, 2024, 06:19:19 PM |
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I was waiting for some time to pass before replying in the thread,
Should you be waiting for the collapse I recon that you need a lot of time. A war should happen before.
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Waldorf77 (OP)
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August 05, 2024, 10:33:55 PM |
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I was waiting for some time to pass before replying in the thread,
Should you be waiting for the collapse I recon that you need a lot of time. A war should happen before. We haven't even started the economic crash yet it's just the warm up. People don't get it how the banks and money system works and how the finances works and what's holding all the globe together. I see a lot here even older members try talk like they know i see they got no ideas of anything. Or they know but they try act like they don't know
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o48o
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August 08, 2024, 10:19:34 PM |
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The Fed can print again but only if new large enough crisis emerges. My top expert who i been talking expecting china will attack tawain that could be reason for rate cuts enough. But this time instutions will borrow the new dollar the USDC the old dollar is allmost done.
World didn't end like your experts predicted, so you might want to change your source of news to something more reliable then listening to "an expert". Also you don't seem to understand what USDC is. It's literally 1:1 backed by the dollar. You know, the dollar you refer as "old dollar". So it's even worse then actual dollar as it needs to be converted to be a real thing. Meanwhile we are waiting for USA to fall, and world with that: (rotate your monitor, in order to see how it falls): Do i have to say out loud that i am being sarcastic?
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Yatsan
Legendary
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Activity: 2576
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Leading Crypto Sports Betting & Casino Platform
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August 09, 2024, 05:30:08 AM |
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This is come from. Economics very top people inside info We have Maximum of 5-10 days If we don't lower rates everything Will fall. The USA fed money market repo operation funding daily the world but it's empty now. In order to fill it up fed needs cut rates otherwise we fall down Banks wount work and many issues. However that's why smartest people have stablecoins and cryptocurrency Because crypto is like last rock where you can stand on in middle of the big ocean.
As far as I know the Federal Reserve plays an important role in monetary stability through its interest rate policies and price cuts can help stimulate economic activity by easing credit, but they need to be balanced to avoid inflation. In times of economic stress, such as an impending recession, the Fed may be forced to cut money to prevent a recession for this example is money market repo operations are needed to provide short-term liquidity to banks. If these activities are in short supply this may be an indication of a broader financial crisis, and a threat to economic stability. For sure, in such scenarios, on account of the path-breaking attributes of traditional banking systems, conventional currencies and cryptocurrencies are increasingly considered substitutes. These digital assets do offer some haven for keeping finances safe but entail risks and a unique set of legal problems. That fine line is what central banks have to walk between an ability to maintain stability in monetary systems and new monetary policy interest during uncertain times.
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