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Author Topic: Get ready for huge financial collapse  (Read 1435 times)
fullhdpixel
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October 12, 2024, 06:08:02 PM
 #81

but establishing a "One World Government" and a "One World Currency" seems like a distant dream. Governments lack the necessary infrastructure to make this happen (energy limitations, quantum computing is not ready yet, AI is far from being perfect, Internet is not accessible anywhere, etc).
They can lack of something if they are only single but if all of them will unite that can make them more powerful though like you said this is more like a dream and if it is possible then I think it already happened a long time ago but I think the world is like this before right? And then it only got divided later on maybe due to some misunderstanding.

even though it's not certain to happen, sometimes we prepare ourselves just in case one day this actually happens in our lives, we already have provisions that we have prepared well in advance, predictions are not yet 100 % percent we can believe it, but we have to prepare ourselves for all of this, at least we have minimal provision for ourselves and our families, nowadays there is no longer any meaning in money when we shop at the market, with just 100 thousand, it's not much of anything we can buy. get really very far from the past years that money is very valuable when we shop at the market.
But, he sounded like he was serious there and there might be evidences that he saw for him to came up with this but even if it's not certain that is right that it is always better to prepare for the worse things that might happen suddenly so that we can handle the situations very well. We will not be like the others who regret, worries, and experience a difficulty.

Yeah, the value of money right now is much lower compared to before and I think that is due to inflation but I won't say that it has no meaning anymore because it still have some value left and we still can do something to cope up with the inflation like budgeting even tighter. I think this is the same as downgrading our lifestyle but if we think that was hard to do then maybe we can just increase our sources of income instead. We can also try hard to perform well in our jobs in the hopes that our bosses will increase our pay rates even if our position is still the same.
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October 12, 2024, 10:17:46 PM
 #82

Get ready for huge financial collapse Cash is king and crypto is the queen hahah but why you said all ot those about huge financial collapsing I know that our system maybe at risk heck printing more money make the cash itself turn into big bubble.

But can you tell me more about what is going on in 2025 and what all those happen

Cash is King for now. Once the money printer goes "brr", it will be the end of it. I'd say Bitcoin and Gold are "Kings". They will stand the test of time regardless of what happens with the global economy. You can see how Gold is rising during these times of crisis. BTC also enjoyed small gains.

For those with money to spare, financial crises prove to be an excellent opportunity to buy assets at a huge discount. I have a feeling the global economy will reset soon, paving the way for CBDCs to take over the world. Better be prepared for this, before it's too late. Either way, there's nothing we can do to prevent the rich from getting richer, and the poor, poorer. That's how the Fiat money system works. At least we know, Bitcoin won't be going anywhere soon.

Fiat money will always be excellent, and then the CBDC is a representation of Fiat money, the same, there will be no financial collapse from my glasses, it's just that there will be a shift in the real digitalization of the currency through CBDC, if there are still interest on loans and printing money And that is still used, the richer sentences that are rich will always be there until the end of human life, then when supplying money in the world increases, people will look for a place where they can save the value of their money, besides gold, Bitcoin provides to be the best alternative to We enjoy in the next year, prepare ourselves because the acceleration of technology will be faster, not until we lose the opportunity for the money we have now.

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October 13, 2024, 03:00:37 AM
 #83

Cash is King for now. Once the money printer goes "brr", it will be the end of it. I'd say Bitcoin and Gold are "Kings". They will stand the test of time regardless of what happens with the global economy. You can see how Gold is rising during these times of crisis. BTC also enjoyed small gains.
yeah I personally consider money to be risky as well in time of crisis, inflation could literally eat up our money's worth, which is a big no no for me, I'd settle with something that has proven to be resilient against inflation since centuries ago or the fastest growing asset today which is either gold or bitcoin, just feels safer.

maybe other resources as well.

the fact that BTC and GOLD just keep rallying whenever things has gotten worse for the economy might be a good sign that it can be a safe haven for our asset.

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October 14, 2024, 02:14:08 AM
 #84

Get ready for huge financial collapse Cash is king and crypto is the queen hahah but why you said all ot those about huge financial collapsing I know that our system maybe at risk heck printing more money make the cash itself turn into big bubble.

But can you tell me more about what is going on in 2025 and what all those happen

Cash is King for now. Once the money printer goes "brr", it will be the end of it. I'd say Bitcoin and Gold are "Kings". They will stand the test of time regardless of what happens with the global economy. You can see how Gold is rising during these times of crisis. BTC also enjoyed small gains.

Yeah I noticed too that gold is increasing adopted BRICS trying to create new currency but I don't know that is gonna make different but it will filled the gap if the new BRIC fiat is backed by gold like it used to

Yes, gold held by countries is increasing, with central banks around the world buying gold at a rapid pace:
Russia and China

Both countries have increased their gold reserves significantly, with Russia's reserves growing from 1,035 tonnes in 2013 to 2,333 in 2023, and China's reserves rising from 1,054 tonnes to 2,235 in 2023.

Türkiye
Türkiye's reserves increased from 116 tonnes in 2013 to 540 tonnes in 2023.

Central banks
According to a survey, 81% of respondents expect central bank gold holdings to increase in the next 12 months

Fiat money will always be excellent, and then the CBDC is a representation of Fiat money, the same, there will be no financial collapse from my glasses, it's just that there will be a shift in the real digitalization of the currency through CBDC, if there are still interest on loans and printing money And that is still used, the richer sentences that are rich will always be there until the end of human life, then when supplying money in the world increases, people will look for a place where they can save the value of their money, besides gold, Bitcoin provides to be the best alternative to We enjoy in the next year, prepare ourselves because the acceleration of technology will be faster, not until we lose the opportunity for the money we have now.

But what will happen if the CBDC keep minting the USD it just look the same like the fed printing money right now right? maybe this time with wrapped technology.

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October 14, 2024, 03:27:25 AM
 #85

I don't know where you got these ideas from but it seems that you believe in the prophecies of fortune tellers who predict very bad events for the world in 2024 and 2025, I have heard a lot about these prophecies and the bad events that will happen in the world in 2024 but the year is almost over and we have not noticed any major events happening.

Yes there are a lot of problems in the world but this is always the case and there are no major events worth mentioning, as for your prophecies about the end of banks and the like I think they are far from reality at the moment, you do not have to trust the words of fortune tellers because they say a lot of prophecies most of which are false and some of which happen by chance.
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October 14, 2024, 10:27:23 AM
 #86

Fiat money will always be excellent, and then the CBDC is a representation of Fiat money, the same, there will be no financial collapse from my glasses, it's just that there will be a shift in the real digitalization of the currency through CBDC, if there are still interest on loans and printing money And that is still used, the richer sentences that are rich will always be there until the end of human life, then when supplying money in the world increases, people will look for a place where they can save the value of their money, besides gold, Bitcoin provides to be the best alternative to We enjoy in the next year, prepare ourselves because the acceleration of technology will be faster, not until we lose the opportunity for the money we have now.

But what will happen if the CBDC keep minting the USD it just look the same like the fed printing money right now right? maybe this time with wrapped technology.

As I said “it's the same thing” CBDC is a representation of FIAT money without having a maximum amount, it is very unlikely that they make CBDC with limited supply because from what I see it is only a change in form not a change in the financial system, especially a country that cannot meet its needs with its income, the budget will be sought for financing, and therefore requires new money to finance the country's spending.
 
The banking system is definitely still in use but with the CBDC I think DEFI will be much more to open services if digitization has gone that far in the form of money mechanism.
Speaking of financial collapse can be seen from the dominance of global finance, meaning that there is no longer a very powerful currency like the Dollar, the collapse is only for the Dollar.

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October 14, 2024, 03:52:51 PM
Merited by The Sceptical Chymist (2)
 #87

I don't know where you got these ideas from but it seems that you believe in the prophecies of fortune tellers who predict very bad events for the world in 2024 and 2025,

TikTok: at least 25% of all messages send out are related to currency reset. Or chicks which need a sugardaddy. 
Just dare to give a sensitive comment on a youthful financials advisers' bull.

Instagram is almost the same crowd.

Marketing in EN und DEES
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October 17, 2024, 09:56:05 PM
 #88

As I said “it's the same thing” CBDC is a representation of FIAT money without having a maximum amount, it is very unlikely that they make CBDC with limited supply because from what I see it is only a change in form not a change in the financial system, especially a country that cannot meet its needs with its income, the budget will be sought for financing, and therefore requires new money to finance the country's spending.
 
The banking system is definitely still in use but with the CBDC I think DEFI will be much more to open services if digitization has gone that far in the form of money mechanism.
Speaking of financial collapse can be seen from the dominance of global finance, meaning that there is no longer a very powerful currency like the Dollar, the collapse is only for the Dollar.

With CBDCs, governments can turn on the money printer whenever they want. It will give them more control/power over the mainstream economy. If you thought paper money and credit/debit cards are bad, CBDCs are going to be worse. The current financial collapse is nothing more than a plan to reset the global economy. External wars and foreign spending will accelerate the transition towards a full-fledged cashless society. Banks and governments will win, while average individuals (especially the poor) will lose. That's the way it works.

Thank God we have Bitcoin as an alternative monetary system. Otherwise, we would be "slaves" forever. With Bitcoin, we can finally be free from the evil clutches of central banks and governments alike. At least, that's the reason why Bitcoin was created in the first place. Unfortunately, people use Fiat more than BTC. And there's nothing we can do about it. Expect inflation to rise again after this is all over. I'd buy and "hodl" both Gold and BTC just to be safe.

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Franctoshi
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October 17, 2024, 10:32:21 PM
 #89

Get ready it's coming Banks not working and you can't get access to your money.
Only thing what works will be crypto or cash.
Why it's happening? Because this financial system will be not taken to new world 2025.
The new world order starts in 25 january 2025 then world will have new financial and banking system.
Banks wich has red orange or yellow colors on logo specially those will collapse.
as we go through 50% changes then it's obvious this financial system doesnt go to 2025 it will stay here also all the wars will be over by latest 25 january 2025 because 2025 is not year for wars the 2025 it's year for big collapse and deflation of falling the prices even the housing prices.
This is not the first of it kind, not today we used to hear all this kind of bank collapse, world ending and all sorts of that, but yes inflation will be on increase as it has been since there's not gonna be a time that they will stop Money printing, the more money in circulation the higher the inflation rate, Some countries economies has already collapsed, and we've some banks go bankruptcy,  we can not really tell what 2025 will unfold.

 
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bitgolden
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October 20, 2024, 08:51:54 PM
 #90

People are calling for a doom, and they are not going to get it, because while there could be crash here and there in our history, which we had in 2008 and then again during covid as well, we always recover from this and get back on our feet. The same could happen again in the future, we could definitely end up with a good drop without a doubt, but then we will end up with something much smaller eventually, and this is the most important part, we can't really see anything further.

I believe we are going to see what people can do when they end up fearing and we are going to see people who are not fearing ending up with a profit as well. People who are used to these crashes will end up investing heavily when the time comes and because of this they are going to end up with a good amount of profit. This is why I will always end up buying when things are down, instead of selling like the rest, buying makes you richer when the bull comes back.

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CK485
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October 21, 2024, 12:00:14 AM
 #91


This is not the first of it kind, not today we used to hear all this kind of bank collapse, world ending and all sorts of that, but yes inflation will be on increase as it has been since there's not gonna be a time that they will stop Money printing, the more money in circulation the higher the inflation rate, Some countries economies has already collapsed, and we've some banks go bankruptcy,  we can not really tell what 2025 will unfold.

In the coming year 2025 the inflation rate maybe continue to increase in several countries, with the increase in the price of goods that will alway sincrease at all times, it could worsen the situation with inflation, economic growth is difficult to recover, all the best things to hold back the rate of inflation have been done but everything needs a process.

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MArsland
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October 21, 2024, 07:32:43 AM
 #92

Get ready it's coming Banks not working and you can't get access to your money.
Only thing what works will be crypto or cash.
Why it's happening? Because this financial system will be not taken to new world 2025.
The new world order starts in 25 january 2025 then world will have new financial and banking system.
Banks wich has red orange or yellow colors on logo specially those will collapse.
as we go through 50% changes then it's obvious this financial system doesnt go to 2025 it will stay here also all the wars will be over by latest 25 january 2025 because 2025 is not year for wars the 2025 it's year for big collapse and deflation of falling the prices even the housing prices.
Spreading fear and propaganda as if the fiat destruction process is happening simultaneously is very unlikely. A country's government will do anything to maintain what they have control over. I mean if the financial system is gone in 2025, how bad can you prove it to be? Every country has different levels of problems. Even countries that have been in conflict for years still use their fiat. Crypto is good for antecedent but if it has to replace the entire financial system then the government no longer has control.

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GigaBit
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October 21, 2024, 11:34:08 AM
 #93

Get ready it's coming Banks not working and you can't get access to your money.
Only thing what works will be crypto or cash.
Why it's happening? Because this financial system will be not taken to new world 2025.
The new world order starts in 25 january 2025 then world will have new financial and banking system.
Banks wich has red orange or yellow colors on logo specially those will collapse.
as we go through 50% changes then it's obvious this financial system doesnt go to 2025 it will stay here also all the wars will be over by latest 25 january 2025 because 2025 is not year for wars the 2025 it's year for big collapse and deflation of falling the prices even the housing prices.
The words you said are your thoughts but the reality is that none of us have any such message. I even think that you yourself have no information where you can show that the banks will disappear in the future. I believe that banks need to offer more benefits in order to stay competitive. They need to improve their service quality. Since fiat currencies will always be valued, so we shouldn't think accept banking system. A bank may not be able to survive in the competition but it doesn't mean that all banks will be disappear.

I personally think the world economy will be stronger in 2025 especially cryptocurrency adoption will go a long way. The deterioration of the financial situation in the world due to inflation can be restored. I think positive thinking is better than negativity.

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Webetcoins
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October 21, 2024, 02:30:55 PM
 #94

In the coming year 2025 the inflation rate maybe continue to increase in several countries, with the increase in the price of goods that will alway sincrease at all times, it could worsen the situation with inflation, economic growth is difficult to recover, all the best things to hold back the rate of inflation have been done but everything needs a process.
We already have high inflation in many countries as uncertainty increasing due to many factors which are happening around in last few months specially Middle East is hottest with Russia and Ukraine are also had their impact in our country we are already suffering badly and peoples are going down day by day because now it's hard for them to have two time food for their families due to high prices in many things which are bringing more troubles for them.

As situation is going most chances we will have no positive development due to interest of few big countries for having things like these bring more troubles, and they are able to hold things under their control.

Spreading fear and propaganda as if the fiat destruction process is happening simultaneously is very unlikely. A country's government will do anything to maintain what they have control over. I mean if the financial system is gone in 2025, how bad can you prove it to be? Every country has different levels of problems. Even countries that have been in conflict for years still use their fiat. Crypto is good for antecedent but if it has to replace the entire financial system then the government no longer has control.
Here I agree with your few points, currently we are suffering completely different level problems in few countries even they can fix things which will bring stability and positive impact but nothing happening which is wired for many due to social media pressure we are now living in world which is full of propaganda and fear because few peoples love to have things like these around even they understand consequences of these as well.

Few countries have ability to bring quick changes which can bring positive changes but still many are not able to do because their sources are not enough for giving them required facilities and other things where they can bring positive changes.

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October 21, 2024, 02:50:19 PM
 #95

Get ready it's coming Banks not working and you can't get access to your money.
I guess you are just speculating according to your own understanding but I will tell you that centralised system will not die just like that. Right from origin there has been financial crisis or bank facing bankruptcy, but that doesn't mean all bank will fold for one bank mistake. You should also know that what happens to bank has happened to cryptocurrency exchange like binance, mt Gox and many other exchange that expirenced such a tragedy as hack, yet people did not give up on crypto. So the case is vise versa for both centralised and decentralized finance and one should not be neglected for the other. Both will always work side by side because the beauty of money is to work in different forms. Meaning both centralised and decentralized.

Only thing what works will be crypto or cash.
Why it's happening? Because this financial system will be not taken to new world 2025.
I don't really understand your point when you said the financial system will not be taken to the new World. But the aspect of still Insisting on crypto taven over banking system, I have already explained myself above and will not repeat myself.


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October 21, 2024, 04:18:13 PM
 #96

Get ready it's coming Banks not working and you can't get access to your money.
Only thing what works will be crypto or cash.
In my opinion, the two things above are excessive hallucinations, how can you say that, you have to think with common sense and don't hallucinate, who does the bank belong to and who does the crypto belong to, you can study and research these two understandings, Countries have their own currencies and crypto is not real/physical currency that can be held and touched, remember that.

You cannot boost or make economic development with one name of digital currency, in this world there are not only those who understand and know crypto, there are millions of people who never know what crypto/digital currency is, how can you say the bank is no longer operating, the bank has existed and been founded since 1397, called if I'm not mistaken (Banca Monte dei Paschi) in Italy and now it has developed throughout the world with different bank names, crypto was created in 2009, how do you remove real things and replace them with hallucinations, that's something impossible and won't happen, remember that.

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October 21, 2024, 05:10:25 PM
 #97

Get ready it's coming Banks not working and you can't get access to your money.
Only thing what works will be crypto or cash.

Well that doesn't make a lot of sense, aside from the use of crypto.  If banks (all of them) collapse, there's not going to be much cash to go around--not that I think any scenario like that is imminent.  Maybe at some point in the next few generations, but now?  Nah.  The world economy is in much better shape than you seem to think it is. 

This has been the topic of many threads, by the way.  If there was a global catastrophe that put the use of fiat in jeopardy, it's more than likely that there's going to be more than one currency that's still stable, and that's what people would turn to waaay before they started using crypto to buy stuff.  Look at Venezuela or one of the other countries that experienced hyperinflation; they started using the USD or a neighboring country's currency, not crypto.

And by the way, I've been waiting for a stock market crash for years and have written that in a number of posts....yet it never seems to come.  Bull markets can go on for a long time, but what we've got is just goddamn ridiculous.  And with interest rates starting to drop, I can't imagine that won't entice the high-rollers to start using more leverage in their investments.  Crazy-ass times we're living in these days.

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October 21, 2024, 06:05:57 PM
 #98

Get ready it's coming Banks not working and you can't get access to your money.
Only thing what works will be crypto or cash.
Why it's happening? Because this financial system will be not taken to new world 2025.
The new world order starts in 25 january 2025 then world will have new financial and banking system.
Banks wich has red orange or yellow colors on logo specially those will collapse.
as we go through 50% changes then it's obvious this financial system doesnt go to 2025 it will stay here also all the wars will be over by latest 25 january 2025 because 2025 is not year for wars the 2025 it's year for big collapse and deflation of falling the prices even the housing prices.

I don’t know how you get this analysis because 2025 is just 2 months away from now, and you think this will happen this 2025. You don’t even say it anytime long in the next 10 or 20 years. You are predicting this should happen in the next months. Obviously, you know you are lying or let me say you are predicting something wrong. You should understand that countries have their own legal currency, so it means there is nothing like this that will happen.

Crypto itself is not a physical currency currently, and many people won’t believe or use it, so regardless of what will happen, banks will not stop working because they deal with their legal currency, which is supported by the government of that country. 

R


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October 21, 2024, 09:21:53 PM
 #99

Get ready it's coming Banks not working and you can't get access to your money.
Only thing what works will be crypto or cash.
Why it's happening? Because this financial system will be not taken to new world 2025.
The new world order starts in 25 january 2025 then world will have new financial and banking system.
Banks wich has red orange or yellow colors on logo specially those will collapse.
as we go through 50% changes then it's obvious this financial system doesnt go to 2025 it will stay here also all the wars will be over by latest 25 january 2025 because 2025 is not year for wars the 2025 it's year for big collapse and deflation of falling the prices even the housing prices.

I don’t know how you get this analysis because 2025 is just 2 months away from now, and you think this will happen this 2025. You don’t even say it anytime long in the next 10 or 20 years. You are predicting this should happen in the next months. Obviously, you know you are lying or let me say you are predicting something wrong. You should understand that countries have their own legal currency, so it means there is nothing like this that will happen.

Crypto itself is not a physical currency currently, and many people won’t believe or use it, so regardless of what will happen, banks will not stop working because they deal with their legal currency, which is supported by the government of that country. 
Do not think too much about it, it is obvious the OP does not really know what they are talking about, because even if we can recognize that the current system is flawed and it will fall at some point, as even if the system was perfect it would fall anyway as all civilizations and cultures have done through history, we cannot really know the date with such accuracy, and it would be a long process taking years, decades or maybe even centuries.
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October 21, 2024, 11:09:49 PM
 #100

Not going to argue you are incorrect but I do need to add we have had this same post maybe 20 or more years ago.  I dont want to go recall the post, the videos and audio podcast type discussions I used to listen on the collapse of the dollar etc.   Its nothing new especially is all Im mentioning and its even justified.

The current global system even if we disregard specific countries and their problems, the current system is a lead balloon.  It shouldn't be this way but it is and its quite fair to say its not really a proper capitalist system at all.  Its far too self centered and biased towards the largest entities in that system.  Capitalism done right is from the bottom up not top down, the gigantic government cost and dominance in most modern countries is the most simple clue as to why its true and why it will fall apart.
  Governments dont make money, they use it up so those large government countries are relying for their continuation on the people who support them voluntarily or involuntarily.  

Its quite casually referenced, the fall of the global reserve system so I dont think its an extreme view.  Not everyone is interested, if it works it works so why argue.   I heard it a few minutes ago on Bloomberg, cant get more mainstream so its not surprise news etc.  it might take decades and I guess we could argue it may never happen just people take on the endless cost and put up with it for some reason.

 
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