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Topic: Economy re-start 2020 in process 2025 crash - page 3. (Read 1248 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I think we are heading towards another great depression but this time around its going to be a lot worse as there is a lot of currency being printed around the world and there is no doubt that we will see inflation and even hyper inflation. The scary thing is that the world could go into the dark ages but I'm hoping that it doesn't go that far but it is a possibility. I'm thinking that it could happen in 2022 so I think we still have time to prepare for when this comes, gold and silver seems to be the best way to go and also stock pile food and also have some Bitcoin stored on a hardware wallet just in case.
If the virus keeps spreading in this uncontrollably pattern without a therapy to combat it an economic depression is almost inevitable, however I am seeing some economists saying that the recession we are facing is already worst than the Great Depression and I find that to be ridiculous since we are nowhere near those levels, however if governments lose control of the economy it is entirely possible we could get there and if anything this should be a lesson for governments around the world, there are many countries in a bad shape already and if an economic depression comes they will be the most affected by it which points out the importance of trying to maintain a healthy economy no matter the costs.
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
We will have economy re-start.
Loans will be cheap and Everybody even with Bad poor credit history will Get the loans Again.

Inflation will hit to sky!

The effects of this virus will not be as bad as most fear... we'll be paying for it for a while two years tops then everything will be back to normal with a huge black hole of debt swirling around every piece of already printed money on the planet, that's if Libra doesn't swoop in and take control first and provide every newly digitally ID'd global citizen with the services they need most and share the generous donations from their hugely wealthy and resourceful partners (only real competition = Amazon)
hero member
Activity: 2058
Merit: 882
Leading Crypto Sports Betting and Casino Platform
We started the new recession this year but I don’t know your basis for a big crash on 2025 where every country will rise again after this pandemic. The dollar will stay even if its facing a big challenge right now, but of course it will give a good chance for bitcoin to take the market and people will be informed about it.
We started? you mean it started right? because no one really wants it. I think the OP's basis for the big crash on 2025 is the effects of pandemic in the long run, see it for yourself, if this goes longer than we anticipate it now government will go bust since there are no tax coming in and budget is going off then there will be a world bank knocking on our door offering a loan that will take years for us, citizens to pay. Most devastated countries like Italy, USA and Spain are the most likely to have a recession in the future if this pandemic continue to get serious.

The future is still bright for cryptohodlers, and if you predict this one then you must be ready for that.
It is, for now but we will not know unless we are taking a serious hit also coming from the world, we may not see it now but soon we will feel it too.
member
Activity: 308
Merit: 10
Revolution of Power
Good to know that someone also calculated the end of dollar I think in the same way as you did. That year will be a spark of the new revolution and change of power.
sr. member
Activity: 1638
Merit: 278
Do not worry about economy getting worse as much as what happened a century ago, we are in a more technological way and there are lot more people on earth that can do a lot more stuff so right now even with hyper inflation, even with inflation and even with everything going worse, we are going to live and survive this instead of actually dying from it.

Technology helps us a lot and we are basically in a situation where people can manufacture stuff with insane speed, hell even machines build machines these days, so we can actually have a self sufficient world just for survival needs with bare minimum amount of people working, the trouble is, will we be capable of doing that and help everyone survive or will the rich try to take that power from us so that they can keep their wealth.
jr. member
Activity: 392
Merit: 7
Right the rates are Low.....
But imagine If they the intrest rates will go Up??

Then all this fiat currenchy de-valuation story will turn Around.

Just hold cash cash is king always
sr. member
Activity: 2002
Merit: 314
Vave.com - Crypto Casino
We started the new recession this year but I don’t know your basis for a big crash on 2025 where every country will rise again after this pandemic. The dollar will stay even if its facing a big challenge right now, but of course it will give a good chance for bitcoin to take the market and people will be informed about it. The future is still bright for cryptohodlers, and if you predict this one then you must be ready for that.
hero member
Activity: 1862
Merit: 590
I think we are heading towards another great depression but this time around its going to be a lot worse as there is a lot of currency being printed around the world and there is no doubt that we will see inflation and even hyper inflation. The scary thing is that the world could go into the dark ages but I'm hoping that it doesn't go that far but it is a possibility. I'm thinking that it could happen in 2022 so I think we still have time to prepare for when this comes, gold and silver seems to be the best way to go and also stock pile food and also have some Bitcoin stored on a hardware wallet just in case.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The world economy has crashed already what we now have is a cosmetic economy. The real game players know it's game over and they are already buying tangible asset while they leave the dead economy for they who are not financially literate. Robert T. Kiyosaki already advised who cares to buy Silver, gold and bitcoin as we will see inflation in the coming days.
This is the first time i am hearing the term cosmetic economy  Cheesy. You cannot claim that the economy has collapsed already, we might see a collapse in the near future and the situation is like that when the entire world is paused because of the pandemic and how each and every government try to sort the issues determines how the market will be next year.
I agree, what we have seen so far is not anywhere near a collapse but it was a very important setback for the economy and we are going to see even more of it during the next months, what we must do is to prepare in the case it comes and that means avoiding debt as much as possible and if possible buy assets that could do well during a crisis or that at least can maintain most of their value if the economy goes down, however anyone that was in a bad economic shape before this most likely is not going to have the opportunity to take steps to protect himself and will suffer greatly during the economic crisis we will go through.
hero member
Activity: 1694
Merit: 541
The world economy has crashed already what we now have is a cosmetic economy. The real game players know it's game over and they are already buying tangible asset while they leave the dead economy for they who are not financially literate. Robert T. Kiyosaki already advised who cares to buy Silver, gold and bitcoin as we will see inflation in the coming days.
This is the first time i am hearing the term cosmetic economy  Cheesy. You cannot claim that the economy has collapsed already, we might see a collapse in the near future and the situation is like that when the entire world is paused because of the pandemic and how each and every government try to sort the issues determines how the market will be next year.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
No one knows on when will be the exact time for bitcoin to start rising or maybe crashing down. Because no one can control the market price of bitcoin. I think it is only a conclusion because even the most experienced person in crypto cannot predict the price of bitcoin. So i think rising and crashing is unpredictable bitcoin is really high on volatility.
Or maybe we are in the process of crashing. lol. With the events that is happening to the crypto, massive adoption, high recognition to be an alternative for this time, I guess that would conclude the
future that we are getting a rise after a couple of months after the halving. The market movement is indeed unpredictable, it is always been, but the time now is not as it was like a few years ago. The only smart move to do now is to hold, nothing beats the holding strategy and sell in the right time.
jr. member
Activity: 392
Merit: 7
No one knows on when will be the exact time for bitcoin to start rising or maybe crashing down. Because no one can control the market price of bitcoin. I think it is only a conclusion because even the most experienced person in crypto cannot predict the price of bitcoin. So i think rising and crashing is unpredictable bitcoin is really high on volatility.


If stable coins been minted  a lot and stable coins holders accumulating Bitcoins  at one point there will be demand for btc high....  But as many accumulaters have a lot coins they will sell it.


The big Bitcoin selling will be end of this month.
sr. member
Activity: 1148
Merit: 300
No one knows on when will be the exact time for bitcoin to start rising or maybe crashing down. Because no one can control the market price of bitcoin. I think it is only a conclusion because even the most experienced person in crypto cannot predict the price of bitcoin. So i think rising and crashing is unpredictable bitcoin is really high on volatility.
full member
Activity: 865
Merit: 104
https://paradice.in/?c=bitcointalk
Cheap loans for everyone, inflation and etc. - That happened in 2008. The history repeats itself. But I'm shocked that these bad signs appeared so soon.

I agree!

In 2008 there was a over-credit crisis due to house loans that can't be maintained.

New we're facing the same crisis situating with unmaintainable loans but in the business industry (retail, services, hotels etc) so the consequences of this will last for a very long time.
sr. member
Activity: 951
Merit: 259
2020 has not restarted yet we can term it has restarted only after some time of this virus containment as they are many possibilities that the system can collapse after some time like default by some companies or job loss of several people they can't just restart the economy as we restart our system. It will take some time
copper member
Activity: 448
Merit: 3
The world economy has crashed already what we now have is a cosmetic economy. The real game players know it's game over and they are already buying tangible asset while they leave the dead economy for they who are not financially literate. Robert T. Kiyosaki already advised who cares to buy Silver, gold and bitcoin as we will see inflation in the coming days.
legendary
Activity: 2226
Merit: 2229
From Zero to 2 times Self-Made Legendary
2020 has not restarted yet we can term it has restarted only after some time of this virus containment as they are many possibilities that the system can collapse after some time like default by some companies or job loss of several people they can't just restart the economy as we restart our system. It will take some time

Indeed Q1 2020 has just ended with the certainty that many countries will fall into recession due to budget easing to resolve the corona pandemic. Especially developing countries because of debt maturity, dollar pressure whose value is stronger and dependence on other countries, especially imports.

In Q2 and Q3, it is certain that the majority of countries entered a recession marked by an imbalance between production and consumption, slow economic growth and even slumped for two consecutive quarters, high inflation or deflation, high unemployment. No matter how strong a country's economy, it could have a weak spot. When the weak point is hit, inevitably or unprepared, the country will experience sluggishness and decline called the economic recession.

The economic reset process requires something large and spectacular to close the war so that wallstrapping and printing money can run smoothly. In addition to resetting the global economy, each country also has the opportunity to do economic resetting with the aim of improving economic conditions that will be seen two to four years after the pandemic ends.

If the United States can do unlimited quantitive easing to overcome the corona pandemic, why don't other countries dare to do it. It must also be remembered that in the midst of the US corona outbreak had already set traps for Chinese partners aimed at hitting China as well, namely the crossing of 24 countries on the list of developing countries by America which would certainly be a stumbling block when exporting goods to America.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
We will have economy re-start.
Loans will be cheap and Everybody even with Bad poor credit history will Get the loans Again.

Inflation will hit to sky!


But year 2025 Everything will be collapsed.

The Year 2025 is end of the USA dollar!
We know that a collapse is coming but we do not know when it will happen, all kind of people have been predicting the economy is going to fall at some point and the system is going to crash and despite the terrible numbers we are seeing the economy is still in place, it is better to not put a date to it and just prepare in the case it happens, the best thing to do is to avoid debt because as you say most likely the standards to get credit will go down again and anyone will be able to indebt themselves for life if they want and suffer the consequences later when there is hyperinflation.
jr. member
Activity: 392
Merit: 7
Corona its not about corona.
There was planned Economic re-start.
Corona is just excuse.

Economy was about pop the bubble..
New money You can always print out... But Good luck to find People who Want it.


Now They Want it.

Economy will start like it was 2008.
Crypto will Go to More then Moon not just Moon but mars.... Lol


Wallstreet is on crypto  Secretly now..
. Everything will be silemced now Even news are quiet.....  Until Sudeenly economy is Ready to Go.



All over europe the big trucks loads of cash piles are moving in to banks.


Everything is getting ready for re-start Economic boom!!
full member
Activity: 574
Merit: 108
More and more predictions state that the present situation around the globe is just a beginning. The entire world is gonna experience a big crash by the falling year. This year was marked to be big year for economic uplifting, but the corona virus has changed everything upside down. Even our bitcoin was marked to reach much higher value, and now there is not much of discussion regarding the same. Maybe the crash continues upto 2025 and further begins a fresh start of the economy.
I disagree, even though there is a sudden crash in the price of Bitcoin when the corona virus started, we could see these past days have been a great sign for the recovery of the market. People in a quarantine, is a catalyst for the Bull run this year. After the pandemic is over, impending demand from the consumers would be freed up; surging up through the market that will cause the prices of the stock market to blow, and will change the course of the bearish market.
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