Topic: Are we really heading towards another financial crisis? (Read 498 times)

I do not understand the so-called financial crisis but what I know is only the economic crisis ...
can you explain in advance what is a financial crisis ??
because if you don't explain first what is the financial crisis then everyone will not understand what you mean ...

Increasingly digital curenncy in the country gradually becomes heavier for banks. even though telecoms want more efficient service in their finances compared to banks in other countries. It is very clear that any bank can get out of work and the cryptocurrecies can best be our choice towards the future of any financial crises that come to us and even hit the world.

I remain in the crypto business. because even if the world economic situation is in crisis or experiencing inflation, then it has no effect on crypto. and we will not accept the impact.

that isn't the case though, financial crisis will affect bitcoin. what the world needs if the unlimited resources to stay up and running. businesses will stop and go bankrupt when financial crisis strikes. unemployment rises and crimes as well. bitcoin will stay but there is no assurance that bitcoin will have a good value while   we all are in panic.

Economic crisis always happen, because government and central banks just want to grow their economic with inflation. Central banks always printing paper money and spreading inflation to all around the world, economic crisis just waiting in time. Bitcoin is like revolutionary monetary system, with limited supply and not controlled by any institution, I am believe if many country use bitcoin monetary system, economic crisis can be avoided

Anything is possible. Though I am still hopeful that the cryptomarket can again and be back to its own glory just as before. Changes are inevitable but are not permanent.

Sad but true. The financial system we are using is based on that. The system reboots itself every 10 years after a major crisis. Just check your history lessons. In a way, it is good to have a crisis. It causes the bankruptcy of some rich people. On the other hand, other people smartly invest during a crisis and make some big money. This allow them to become millionaire and to enter the elite. As we can see, a financial crisis is just a way to change the financial elite. It is just like a musical chair. It is sad for people who earn so hardly their lives with their daily jobs but the world is so built. We just need to be ready for the new crisis.

We are heading towards another banking crisis in my opinion. The banks are broke, governments cannot bail them out as they have record levels of depth, especially in the US. The first banks already show signs of collapsing, just do some research on Deutsche Bank, one of the biggest in the world. They have to let go thousands of employees together, profits are shrinking. Binance makes more profit than Deutsche Bank. Let that sink in for a minute.

It all depends on what you call a crisis, are we going towards another financial crisis like 2008 ?
I doubt that, the financial world is a lot safer these days because they know that there will always be a crisis and they are smarter today than they were in 2008 because for the first time in history they got bailed out by the teeth of their profits and they really screwed up insanely so they can't really give out another problem like that.

They really needed this long bull run in order to fix everything but one more big crash and they will not have any money left to continue what they are doing right now, financial business' really want to make money for themselves before anyone else and another crash will destroy them so they will not risk their own pocket for the sake of making more money, they rather keep making decent money than risk their money.

In my own opinion, it was really safer to invest for long term if you you have a daily job but if you are using crypto to sustain your daily needs then you need to the volatility of the market to earn profit by trading.

It can be one of two ways, the first option is the global worldwide crash of economy, and the second way is the global acceptance of Bitcoin and cryptocurrencies, integrating of the blockchain in to government, and the global worldwide prosperity.

With the introduction of the crypto currencies in this world, we have started feeling a change and that now things have started getting better especially when it comes to that financial and economic stability of any of the state. If these crypto currencies keep on behaving in a similar way, then we can expect that these currencies will take us out of all the crisis.

I am not seeing a clear scenario where we are headed to a financial crisis yes all the major markets are on a bear market but still a lot of people are buying again this assets rather than staying away from it for good. Unlike people who werr in 2008 where they really pulled out of the market as they are afraid that their capital will lose its value. This is a clear sign were a lot of people are still buying back as they still want to be in the market even though we are on the tough times. But if a financial crisis really happens this would be a good time to buy assets just like what other rich people have done.

We are in a stable period and the current financial crisis has not occurred so let us be more reassured and financially financially as well as we should be safe to invest in long term

In life there are an ups and downs situation that we faced which we need to solve and it's also the same in this industries. We are not heading towards financial crisis.

Depends on what you consider as a financial crisis.

But really, after a long period of economic growth there will always be troughs. That's how the cycle goes. Even if you don't see the immediate reason for concern, a financial crisis will occur sooner or later. That's what comes with periods of growth without corrections.

I don't know when the next one is going to come, how large the scale is, or even what causes it. But it'll most certainly happen in one form or another, whether hyperinflation, a recession, or anything else. That's why I think it's very important to hedge your assets by investing in an independent decentralized currency, like bitcoin, especially in a scenario where fiat is depreciating overnight on a daily basis.

I agree it is very hard to determine when the bubble will pop but eventuall it is unevitable as this can‘t be sustained forever. You mentioned that you recommend people is to hedge the legacy economy. Do you solely refer to the cryptocurrency world or do you advice to actively bet on the legacy markets, for instance going short on the Dow or other indices that represent the legacy economy?

If we will get into a fiancial crysis then crypto will be a preferable storage of value. But the resutls of crysis could be various as far as we undrestand that it might have huge effect on local economies and currencies.

There cannot be any doubt about the fact that we are heading toward a new and BIGGER financial crises, one which could seriously jeopardize the Whole world's financial system. Nobody can tell how it will be, except that it will be really ugly.

The system is doomed for crisis eventually ever so often but it doesn't mean it needs to be right now. I mean it will be one day but we will never know if it will be tomorrow or 5 years from now. However with the "making money with money" sector continues, there will never be no consistency with this type of bull runs. If it goes up, than it needs to go down in order to get bigger again, it can't go up forever.

Even new revolution and then new employments are happening in lesser numbers now a days, self employment due to lots of other things like blogging, youtube channels and crypto related employments and freelancing works are happening everywhere which will be more than enough things to postpone the another economical crisis. In my view, self-empowerment is happening right away around the world and cryptos are helping to that at the best.

The financial crisis is shaking much publicity. I think the world is really going downhill, the United States and the United States are in a trade war that affects so much of the surrounding world.
So this happens, of course, and investors in Crypto have to move to the stock market to consolidate some of the business.

I think the world is having a financial problem

The warning of the financial crisis in the world is not groundless. The 10-year crisis period: The previous East Asian currency crisis also occurred in 1997-1998; The most recent global financial crisis and recession occurred at the end of 2008.

One important factor is the loosening of the monetary policy of many of the world's leading economies on a large scale over a long period of time and on a large scale. The huge economic stimulus packages (QE), up to tens of trillions of dollars, are being introduced by large countries for several years (with water coming QE3). The basic interest rate has fallen sharply, to a very low level (almost zero for quite a long time, rising gradually for more than a year, but at a low level, far lower than before the crisis).

The warning on the world financial crisis was also based on factors such as the loosening monetary policy that pushed inflation back up, stocks rebounded, asset bubbles formed ... The Trade protectionism tends to return, perhaps even to trade wars.

That's true crises are inevitable and everyone should expect it to come sooner or later, there is an economic cycle that cannot be adjusted its balance the way it is it will always happen and cannot be prevented the only thing we can do is to lessen the length of the crisis and cooperate with the community, I don't see of anyway to prevent it but reducing the duration would much more likely to be possible.

Since then that they said that financial crisis is coming. I think that every year were facing to a financial crisis .
So we must glad that thru bitcoin it helps some people from suffering financial crisis.

As in the above quote each and every country is a borrower and no country has got a self satisfied or a proper financial plan within the earning. Upon this, there is no more a financial crisis, all that we traveling through is the financial crisis. Importantly now bitcoin has been a supportive platform for people to get rid of the crisis. Countries adopting it will also feel the same.

The whole world is borrowed high and they are all interconnected. The crisis in one country will affect others in the same way. Experts constantly warn that the world is on the verge of a major financial crisis and it will be hard to overcome.

The market always have cycles, so you can be 100% sure that at some point in the future there will be a global economic crisis. Also, individual countries quite often have their own boom/bust cycles. What is important in these kinds of predictions is timing, there are people who have been predicting the next crisis almost every year and obviously they were wrong. In my opinion the next crisis is most likely to happen within next 4 to 8 years.

Looks like I am now suffering the financial crisis right now because of the law that my government implemented through their citizen. Financial Crisis goes on when econony turns down. Apparently, we are just amidst of it since recession is what happening from lot of countries right now. Though we are in a technological era, we cannot solve this crisis because of limited sources. In addition, population becomes bloated plus the disasters happening to us, this will for a totally despair of the economy to stand up again.

I believe so.Everything will really come to an end in perfect time.But i don't think it will happen this year.So the best thing we can do is to focus on our investments,make them grow so we can reap with big gains from them in the nearest time possible.We don't have to fear since some of them are only fuds that are used to destruct bitcoin and blockchain technology since from the start.

The digital currencies are gradually becoming a burden for the banks. Telecos are even offering better financial services than banks do in some countries. This is obviously getting the banks out of work and cryptocurrecies might be the best go-to option should any financial crises hit the world.  

I guess only financial expert or economist know about what is happening in our economy. And all I do know is to live my life as if there is no crisis coming or whatever your fear maybe. As long as I can still earn and save for the future of my children then tamhat should not matter at all.

The funny thing about this is that the economy is being handled by the 'best hands in economies'. It may just means the world is ready for a decentralized economy.

Another financial crisis is inevitable, US for example (great as a country) keep having its national debt mounting, keeps printing paper as money,eventually the 'bubble' will burst and the world will be affected.

We certainly do. On one hand econonmic history repeates itself just like history in general. Thats because the same people involved in both.

On the other hand there are concrete stories going on liek the US debt levels. The U.S. debt-to-GDP ratio is projected widen to some 120% by 2023. According to the latest data from the International Monetary Fund, the U.S. will also place ahead of both Mozambique and Burundi in terms of the weight of its fiscal burden. By 2048, as ROI rise from current low levels and as debt accumulates, the federal government’s net interest costs are expected to be more than double as a percentage of GDP.

And this is just america. Many european countries are in truble as well. Crysis is coming for sure.

I second to this be diversifying your assets you can prevent you self from being bankrupt when the financial crisis come and turning in cryptocurrency in not a bad idea as it is still a growing market even with its volatility. Also of there are predictions for a financial crisis it is your responsibility to be ready when it comes as to avoid getting devastated if it happens.

I disagree with this: the US economy (at least) got slammed, hard, during the banking/housing crisis of 2008-09.  Unemployment was rampant for years afterward, and the whole debacle got labeled "the great recession" as a result.  I think the world got more than a taste of what a crash looks like, and we're still recovering from that.

Are we due for another one?  Maybe.  It does seem like there's some trouble every decade or so, when people forget how bad things can get.  And I definitely have been waiting for a stock market correction/crash for years now.  This is turning out to be one of the strongest bull markets in stocks we've ever seen.  I'm realistic and realize that this can't go on forever.  It's probably a good thing that stocks like Facebook and Twitter have recently been hammered--that's healthy after a long period of intense speculation.

That scares me too, and I think it's one reason why the stock market has been on the run it has.  There's so much money chasing stocks when interest rates are near zero.  I'm just waiting for the whole house of cards to collapse.

We are always on route to a financial crisis when the leaders print money at will.  All fiat systems collapse so your always heading for the collapse.  I do believe we are getting close to the end.  Picking it is damn near impossible though. 

No, I don't think so because I can't see any strong pieces of evidence for proving that another financial crisis is going to come soon in coming months or years of trading. But yes, i have a technical analysis table of W.D Gann where it is showing that 2019 is the year or another crash in the financial market but we can't blindly believe on it, and i believe on facts, figures, and impacts of the market sentiments.

The crisis is the logical completion of the cycle, in order to start a circuit in a new way.

The crisis is the logical completion of the cycle, in order to start a circuit in a new way.

In case you missed it, the collapse already happened this February and the market is still struggling to recover from it.

Financial crisis of 2008 happened, because there were lots of investors interested in buying shares of mortgages, so companies that gave the mortgages on houses were lowering the standards and encouraging people with low income. As housing prices were growing, it seemed like these investments were completely secure. As prices were rising, people with debts couldn't pay for them anymore, so they were forced to give their houses away. The problem was that there was no demand for these houses anymore, so prices started to explode. I think the key problem was that there were too many figures there investing in less and less real products. House buyers had mortgages. Individual mortgages were combined and sold as shares to investors. Then there were also credit default swaps (insurances in case mortgages fail, but these insurance companies actually didn't have the budget to cover the damage) and investors into these insurances!
People were taking more risks than they naturally would, because they thought that other institutions are going to cover those risks.
Cryptocurrencies mainly have their own projects, products and partners. Moreover, they don't depend on anything apart from prosperous human society. The is also no net of insurances over insurances or stocks over stocks. I think we're safe here.

This. If all this financial crisis talk baffles you but you're scared anyway, you may as well start diversifying. All things considered, Bitcoin has a very positive outlook, so you're giving yourself insurance and at the same time positioning yourself for huge profits in the future.

I already do this anyway, but I personally don't think a financial crisis is going to befall us soon. They've been ringing these bells for years, just like Bitcoin FUDers on Bitcoin. I could easily be wrong, of course, but at least I'm protected to some degree.

No one actually knows when a recession will start. People have opinions based on past performance and personal experience. The problem is that past performance is worthless in today’s world. High oil prices could return once U.S. shale producers are forced out of business. Millions of jobs were lost when oil prices plummeted. At the same time, many consumers bought new cars and SUVs when gas prices were low. They will be pinched when prices rise again. The U.S. economy had been living on borrowed money for a long time. The financial crisis scared businesses and families. That's why growth in this recovery is slower than in prior ones.

Well, you are not the first who are thinking about it. The stock market is so overheated and I am sure that it remains not so much time before the stock market will go down fast with a big clunk. I think that it will begin in the fourth quart of this year so it need to find a nice and safe place where to locate own money and earn a little. I do not want to buy gold or silver because these are in a correction  so I have decided to park a quite big part of my money in BTC and ETH

My thoughts about this is that you are completely right, many have described the crisis caused by real estate in the US as the biggest since the Great Depression but compared to it the real estate crisis was nothing, the banks and politicians are not dumb they know that the supposed growth that we are seeing is nothing but a lie, they are trying to buy time to try to maintain the economy as it is but nothing is working, so it is likely they have already accepted the fact that a financial tsunami is coming and they are taking their positions to take advantage of it, fortunately if you are holding bitcoin then you are in the right market, if the economic problems in Venezuela and in other countries have showed us something is that bitcoin will be used in a time of crisis.

I don't think that scenario is even possible, for me the world will defend themself from this, i do not believe that we could "achieve" something like that.

The best time for an economic crisis is when people can't remember the cause of the last economic crisis. Enter the present. Few can cite contributing factors leading to the 2008 economic crisis. And perhaps fewer are aware toxic assets associated with subprime mortages and the housing bubble may have constituted approximately 15% of the liability bubble which demanded big bankers be bailed out to avoid filing for bankruptcy. Not many know the 1999 repeal of glass steagall may have removed legal regulation created after the great depression, designed to prevent economic crisis. Or that key portions of regulation could be broken and may never be repaired.

The swiftness with which looming financial crisis around the world was generated could imply it was engineered. Like the tv show "I, Robot" someone may have intended to crash the world's financial/economic systems. Possibly to impose their own mandate and new world order.

Yes.  This is entirely possible, the only question is how and when this will happen, and what the consequences will be!

The government bailouts with tax payers money was just a temporary delay tactic, but it cannot stop the inevitable outcome of a financial system that is built on debt. You cannot continue printing toilet paper money, thinking that it will solve all your financial problems.

Banks and other financial services are protected by governments, so they can continue with their reckless games with other people's money.

http://www.usdebtclock.org/ ----- This is a problem for generations to come and Bitcoin cannot solve that.

It depends on your thoughts and actions.
The financial crisis is based solely on guesswork and unspecified comments.
All your actions also contribute to the market community.
However, according to the professional investors and the heads they will know what to do and have specific plans.
And the crisis will be unlikely. I believe so.

The thing with these massive legacy bubbles is that they can keep swelling for many more years, so it's pretty damn difficult to call the pop, but it's only a matter of time in the end.

The only thing I recommend people is to hedge the legacy economy as soon as possible to secure a great part of your wealth. Better safe than sorry.

Bitcoin is the perfect tool for that with how it's easy to obtain, easy to spend, and easy to store, where with Gold you either buy into a paper certificate (which is a worthless piece of paper in my opinion), or you buy the precious metal in physical form that will very likely end up in a safe deposit box within the nearest bank office. I'm obviously biased towards Bitcoin, but people should do what they think is right. If you believe Gold is the better option, then go for it, just make sure you actually do it.

I really like on how the way people looks forward the future result of cryptocurrency business, however it is only a form of speculation, although the question says negative result only, and there's is no assurance that soon it will truely happens, and I'm just praying that it will not happen soon, because many people who trust and needs extra income in cryptocurrency business to change their life in terms of financial stability.

There have been recent whisperings relating to a possible future financial crisis and
there are always factors at play which are close to causing a financial crisis.

Greece defaulting on its debt, another property bubble, quantitive easing, trade wars
have all been mentioned and I would love to know the thoughts of others on what
the negatives currently are.

What are the odds that we are really heading towards another financial crisis?

We have every indication to believe that after a 10 year bull run on the stock market, it is time for a collapse. Also due to the fact that this has been a phony recovery enabled mainly through government bailouts, massive depths and money printing we have never seen in history before.

A new financial crisis is likely the result.

I have every reason to believe this and feel the crisis in 2008 was only a light taste for what is coming. This time many governments will not be able to save the failing businesses or banks due to their massive depths.

It is just a logical result after years of quantitative easing (money printing) in combination with creating record high depths that we have never seen before, especially in the US but also many other countries.

Do also some research on the Great Depression and you will find striking similarities to where we are now. Artificially low interest rates for years, inflated stock market and a recently started trade

Financial institutions are aware of these risk and look for alternative asset classes in case the stock market collapses and we head into a bear market and financial collapse.

What are your thoughts on this?