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Topic: Brace yourselfs , the economic earthquake is coming ... - page 2. (Read 677 times)

member
Activity: 868
Merit: 15
The effects of the epidemic will get worse in the coming days. Due to the closure of trade and commerce, the rate of workers is increasing and the unemployment rate is increasing due to which the common people are suffering from financial problems. It will take a long time to recover the rate at which the economy has been damaged. Although the economy is hurting, the price of bitcoin is rising, so bitcoin investment or manufacturing industry is the best way to increase investment. It is possible to recover some of the economic earthquakes.
hero member
Activity: 2856
Merit: 667
That's red red wine everywhere, most of the countries I guess are in trouble because of the pandemic, and that big fall down of stocks alone is an evidence that unemployment rate will increase as the economy suffers. We can't do anything but to wait until the economy recovers, and just hope that we will survive in this probably long battle against an enemy that we can't see, we are not prepared for this and until now there's still no vaccine for the covid-19.

If you have some extra funds, better start doing business and not just rely on our job, at least with business, we know what to venture and  we can study the market we are going to enter, although we can say that the economy struggles, but there are industries who are still profitable, so invest on that industry.
sr. member
Activity: 1988
Merit: 322
Buddy, the economy almost everywhere has been the same Sad, everything is showing red and they are depreciating, only few has been able to continue with an uptrend. Despite the situation we have been seeing this year, there are still people who are making lots of money and benefit from the situation.

This is not a time to keep relying on just one thing, it’s good diversify and look for other means to make income by learning new skills and also investing in Bitcoin or any of the top cryptocurrencies like Ethereum. Bitcoin has been increasing this month and it’s still showing signs of further growth. I’m lucky to have known Bitcoin for a long time and I’m happy I have been investing for long now.
full member
Activity: 1162
Merit: 168
I am not yet familiar with forex trading because I only trade in cryptocurrency exchanges. But it sad to say that most of the stocks in USA are experiencing the economic recession. However, in cryptocurrency almost all coins are fluctuating since yesterday. A big pump for bitcoin and ethereum. Maybe, it will continue to rise on the following months as a preparation for bull run 2021 or it will also follows what is happening to the stocks right now. This is the good thing that we all know the different kinds of trading, because we can adjust ourselves to the stocks or coins which good to buy.
The only market that’s up and trending in this falling economy is the crypto market. Just like the situation in Venezuela, crypto is up for the rescue when fiat currencies have their back against the wall. Stocks of almost all the countries facing the pandemic situation at extreme like USA, India etc are experiencing economic recession. Right now, the safest market to bet your money on is crypto market and gold market. Gold is also showing tremendous market growth.

Like OP mentioned, the economic crisis is just about to knock. The international market is dead and is bleeding hard. The June 2020 Global Financial Stability Report (GFSR) Update has discussed the raising possibility that financial conditions may tighten more than assumed or predicted in the baseline. The need of liquidity assistance for countries facing serious health crisis such as United Nations is making the economy drop quite a bit. We can observe the drop in the price of USD against EURO. This is some serious issue considering the fact that not many countries are prepared to face such earthquake.
newbie
Activity: 61
Merit: 0
Everyone is pointing out this "September crisis" online nowadays, anyone know why specifically September? For some reason people are saying that we did have a bad situation in economy due to pandemic and that was bad but it recovered so fastly that it is actually not recovered but just made it look like it recovered and in September the "real" trouble will be shown and everything will be horrible.
I guess it is September because our current problems are going to "snowball" on us in the nearest months. And if current economical state won't change to upcoming - we will face deep trouble in September/October indeed
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Everyone is pointing out this "September crisis" online nowadays, anyone know why specifically September? For some reason people are saying that we did have a bad situation in economy due to pandemic and that was bad but it recovered so fastly that it is actually not recovered but just made it look like it recovered and in September the "real" trouble will be shown and everything will be horrible.

Anyone knows why is that? Or even how is that? I want to believe because I do agree that we had one of the worst things in the world happen during this pandemic and all the world stopped and economy should have been a lot worse than 2008 yet for some reason it is not as bad as that, it is not even that bad, it looks on paper that it is quite good and recovered but in reality there are tens of millions of unemployed people.
full member
Activity: 812
Merit: 142
Please be patient, an economic crisis will occur, it is only a matter of time.
That's all already happen, you can see how many people who doesn't have a job today? unemployment rates in each country (especially those most affected by coronavirus) are increasing every day, what that's mean? And it may need a long time to recover the economic situation, we just need to minimize all our need and save our money in the right place.

The economic impact of covid is really hitting hard to all countries. Business are shut, some are closing as it not viable to run anymore, some of the companies are laying off the employees, some are reducing salary. So, all this will eventually lead to the less demand in the market of everything and slowly the impact would be seeing in coming time which would be huge than even estimation.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
https://www.youtube.com/watch?v=zXt56MB-3vc

Red Red wine ... i just hope it will not be like 1929,or worse...as i got family also ...





i understand your concern mate beause this is a very serious matter if come to happen,but remember this is why we must be proud of having crypto currencies.
Maybe it's hard to maintain for spiking to confront the incoming economic crisis, however, I believe that it is a part of our life in crypto to convince people to be strong, eventually, it would be grateful if we hold on together with or without enough profit. I think we will really go through this situation, but in a practical way, we need to build up to overcome this economic earthquake.
maybe you did not  watch the video?because OP is talking about stocks and not crypto trading here,better before conducting a reaction better read the whole post first
because it is obvious that you are aiming for post count and nothing more.
Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment.
That's it we are lucky being crypto investors,many are making laugh on us but lets see what is their reaction when this things comes  to be in real scene.i'm sure many will regret their decision regarding this.
full member
Activity: 1330
Merit: 147
Please be patient, an economic crisis will occur, it is only a matter of time.
That's all already happen, you can see how many people who doesn't have a job today? unemployment rates in each country (especially those most affected by coronavirus) are increasing every day, what that's mean? And it may need a long time to recover the economic situation, we just need to minimize all our need and save our money in the right place.
full member
Activity: 1750
Merit: 118
Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment. If things continue like this,
the possibility of stock market investors will start to move their assets into cryptocurrency. If that's the case,
The cryptocurrency market will have a high pump. We will continue to monitor the market for the next few days.
oh man good for you because you dont end up on stocks / forex because if you did you are already suffering at a big losses now  . crypto do dips too but not as bloody as what i saw on the pic on the first post .  on the post , good stocks are included on the dip but on crypto , good coins wont likely be included on the dip if there will be mass dip that will happen . as we notice crypto is pumping lately so it could be true that stocks investors are now on here ? this is good
legendary
Activity: 3248
Merit: 1179
Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment. If things continue like this,
the possibility of stock market investors will start to move their assets into cryptocurrency. If that's the case,
The cryptocurrency market will have a high pump. We will continue to monitor the market for the next few days.
.

This crypto prices we have are people, next big rise will be when big companies start moving money into crypto, and that will happen. Better security, easier to use, crypto have many advantages over traditional system and it's why crypto is the future.
We will continue to monitor and take part in crypto market for next decades, not just next few you days, i believe that many people here (including myself) are here to stay, for good.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
Well , according to many speculan, tomorrow will be the final test for crypto , eventhough we see this week crypto seems moving foward leaving the stocks behind, its still not enough to say we on bullish moment right now,so get ready for the monday.
Crypto market can't be compared with the stocks, it can't be predicted same as that of the stocks. In unexpected time there will be tremendous growth as well as unpredictable price crash happens. This is all because of its speculative nature, the market changes were manipulated based on the requirement by whales with large volume reserve holding. We've been seeing the price grow gradually without any external force acting over it. This assure there is no economic earth quake to happen now.
full member
Activity: 1190
Merit: 117
Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment. If things continue like this,
the possibility of stock market investors will start to move their assets into cryptocurrency. If that's the case,
The cryptocurrency market will have a high pump. We will continue to monitor the market for the next few days.
hero member
Activity: 2464
Merit: 585
Nobody wants that to happen, but when the epidemic goes on and on, the economy will soon collapse. we must have a plan to foresee such events to survive the day. Best we should not hold any financial assets now, Cash is king now. Sometimes holding cash can now help us invest a lot of coins or cheap stock symbols in the coming months. Please be patient, an economic crisis will occur, it is only a matter of time.
I agree unless a vaccine is soon tested and approved globally there might be a horrendous economic collapse that might see a war between neighboring countries to satisfy their needs. There might be dire times ahead unless something is done to fight the corona-virus that is just not going to stop by forcing shutdowns and lockdowns without any prior planning.

I don't like to see wars but let's be honest and understand that whenever crisis occurs there are war that tend to happen because a nation that has the power to ruin a neighboring nation they will just do it to gather all required resources.
legendary
Activity: 2268
Merit: 1655
To the Moon
Actually there will be a retrace that will happen so we should be prepare. Most of the indices especially in the U.S. are keep making all time high like NASDQ but it seems that it reached its peak and there will be pullback that will happen. If there will be a massive pullback, expect that there will be also effect not only in the local markets but also in cryptocurrency market because it will create fear among investors where they want cash rather than position in the market.

Support for the stock market will continue for another 3 months, before the start of the elections in America. Trump will pump the market with new trillions of dollars so that the market does not collapse before this moment, as we saw in March. After the election, the market will not be artificially supported.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Honestly, those stastictics do not tell us anything. They are just small change in a couple of days. Moreover, right now, the stock market is closing. Most of the news in recent days are negative. We cant expect everything to be green at the moment. In the past month, i have witnessed all stocks went up in more than a week.

At least the crypyo market is currently in a uptrend. Many coins gain the momentum from whales and investors. Bitcoin might hit $13000 in the next couples of month

Stay chill bro. I do believe that we have already won the lastest crisis. The next crisis will occur in at least 10 years later. Right now is our time to focus again on our jobs and desires. So many opportunities for us after this pandemic. Soon we will have the vaccine and then, human will succesfully contain the virus
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
Nobody wants that to happen, but when the epidemic goes on and on, the economy will soon collapse. we must have a plan to foresee such events to survive the day. Best we should not hold any financial assets now, Cash is king now. Sometimes holding cash can now help us invest a lot of coins or cheap stock symbols in the coming months. Please be patient, an economic crisis will occur, it is only a matter of time.
legendary
Activity: 2254
Merit: 2253
From Zero to 2 times Self-Made Legendary
The outbreak of the coronavirus has slowed economic growth around the world and many businesses are already on the brink of collapse. Meanwhile, trade wars between different countries have created a new economic crisis. Many developing countries, including these countries, are suffering commercially as a result of trade wars, especially between developed countries. As a result, the economies of these countries are being severely damaged. Conflicts over the supremacy of political and developed countries are hurting most of the economic and productive enterprises, and the share prices of companies in these countries are falling sharply. If this situation continues, there will soon be an economic recession all over the world and the world economy will collapse as a result of economic collapse. Therefore, it can be said that if the current situation prevails, after the coronavirus the next world will see an economic earthquake.

Now the world has entered a recession because the growth of the real economic sector has declined, if this continues until the end of the year then the next phase we will face economic depression. Even if the economy is driven as it is now, the recovery process will not be possible in the form of V but will be in the form of L because the production capacity has not yet run fully due to the cessation of production.

Pandemic, fiscal and monetary stimulus, budget deficit, demand reduction, production decline, economic recession, foreign debt, default, depression are the possible flow of economic phenomena that occur In the current pandemic conditions. Pandemic creates an opportunity for each country to carry out anti-mainstream policies, namely TINA (There is No Alternative) for the survival of a nation and fend off the national threat.
member
Activity: 889
Merit: 10
Well , according to many speculan, tomorrow will be the final test for crypto , eventhough we see this week crypto seems moving foward leaving the stocks behind, its still not enough to say we on bullish moment right now,so get ready for the monday.
today bitcoin happened to reach 10,000 $ to my knowledge if the stock currency goes down. altcoin prices went up and now this is happening only to my knowledge. I have understood the comparison of the forex market and the crypto market some time ago like this. I think bitcoin will go up again because the forex market has gone down very sharply. after starting bitcoin started going up to reach high again
full member
Activity: 1610
Merit: 102
The outbreak of the coronavirus has slowed economic growth around the world and many businesses are already on the brink of collapse. Meanwhile, trade wars between different countries have created a new economic crisis. Many developing countries, including these countries, are suffering commercially as a result of trade wars, especially between developed countries. As a result, the economies of these countries are being severely damaged. Conflicts over the supremacy of political and developed countries are hurting most of the economic and productive enterprises, and the share prices of companies in these countries are falling sharply. If this situation continues, there will soon be an economic recession all over the world and the world economy will collapse as a result of economic collapse. Therefore, it can be said that if the current situation prevails, after the coronavirus the next world will see an economic earthquake.
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