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Topic: Crisis will be new normal but its not bad - page 3. (Read 794 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
October 20, 2020, 03:38:27 PM
#38
The crisis will certainly have an impact on economic difficulties and I think the crisis will still be bad, how can a crisis-hit world still look fine. If that is the case then there is no need for this economic recovery, and is simply investing in the military sector enough to make the people economically good? It seems very unlikely. There is nothing that causes the crisis to make the country develop because there is a need for balance, it should not be focused on one side of the development, because that will only create imbalance in the country itself.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 20, 2020, 02:50:50 PM
#37
The problem in this world is that we are afraid of wars and put more money into development and research in this aspect. A lot of resources is wasted on military services. What if we had no war? There wouldn't be any need of military and it would save tons of money that could be invested in education and development of people. But, at the same time even if it sounds paradoxical, the war still plays one of the major roles in our development. War is the time when the development of different things is skyrocketed. For example, during world wars, there were created synthetic testosterone and other anabolic compounds, there were created stimulants which play a huge role right now because of their effect on cognitive abilities and attention (on the long term they burn neurons and are bad). You can't see a campus without it...
Wars are not really needed, it is a political thing and not an ideological thing anymore. What the cause of many wars is the fact that politicians wants votes and that's it, they are the ones who have the button in their hands to start a war or not, and if they want to start a war they would do that only because they think they will earn more votes than they lose. Do you really think that there is ANY politicians anywhere in the world that would start a war if they knew that it would lose them the seat they are in? Obviously not, they will definitely make sure that they start a war that will earn them more power.

So, we need to make sure that the public who votes do not vote for people who start wars, and when they don't that means military will not be needed and won't be spending this much money neither.
sr. member
Activity: 980
Merit: 276
October 20, 2020, 02:39:58 PM
#36

Also I Don't complain either the money printing makes cryptocurrency going up too.
So I think the debt and this money printing is beneficial.


i dont agree. i dont think economical crisis and inflation has positive effect in crypto market anymore. crypto market follows also global stock market, move paralel to gold etc.
legendary
Activity: 2758
Merit: 1228
October 20, 2020, 08:44:13 AM
#35

Coming to this particular topic, crisis has always been a normal that people have been dealing with for ages(Natural Calamities, Terrorist attacks etc).

Human beings have always overcome these obstacles no matter what though we are responsible for most of these problems.

I agree with you. Crisis is not a new normal because it is already normal for us as a human being but every crisis has an end and solution because people will always find  ways to overcome it. Like what happened this year, covid 19 pandemic killed a huge number of people around the world but now it slowly decreasing and many people are now working hard to go back to their normal life.

Disagree since it's not normal for a progressive countries and most provably will not occur when the economic state of the country is on good shape, so since there's a pandemic everything is at risk and down due to the unfortunate situation but once this will be end up and the right cure will be found we will experience the revival and a progressive economical state of major countries.
full member
Activity: 924
Merit: 220
October 20, 2020, 08:24:46 AM
#34
Crisis had never done good from the word itself which CRISIS. If you knew its meaning then good and if not then try to google it yourself.

The pandemic had cost so much to us from our everyday life living to support our needs which is likely difficult especially to us the low income earners. If you have seen the less fortunate people like homeless it would be nice of you to think how much they are feeling right from the start before the covid and up to now which covid19 viruses added the difficulty striving towards survival.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
October 20, 2020, 08:09:27 AM
#33

Coming to this particular topic, crisis has always been a normal that people have been dealing with for ages(Natural Calamities, Terrorist attacks etc).

Human beings have always overcome these obstacles no matter what though we are responsible for most of these problems.

I agree with you. Crisis is not a new normal because it is already normal for us as a human being but every crisis has an end and solution because people will always find  ways to overcome it. Like what happened this year, covid 19 pandemic killed a huge number of people around the world but now it slowly decreasing and many people are now working hard to go back to their normal life.
member
Activity: 86
Merit: 21
October 20, 2020, 06:37:23 AM
#32
Although the developed countries of the world have overcome the crisis and returned to normalcy many countries still do not have any pests and treatment facilities to cure the poor corona virus. We need a two- or three-year ‘economic recovery’ plan which requires the formulation of a national budget for the next fiscal year. Such as taking measures to launch planned economic activities higher allocations for health agriculture and social security sectors, proper implementation of incentive packages and taking and implementing effective reforms in certain specific areas including banking and tax sector.
sr. member
Activity: 1974
Merit: 453
October 20, 2020, 06:32:40 AM
#31
I agree, the corona virus was very new during the first wave for every country. People didn't know what to expect and the countries where not prepared. Now with the second wave we see that hospitals and medical staff are much more prepared, that is why the death numbers are much lower. I hope in the long run we see the death rate of corona to be closer to the flu once we have vaccines and better medication available.

Agreed. Even in my country during the initial phases the doctors and other health workers didn't had access to protective equipment such as PPE kits. Now the situation has changed. Also equipment such as Oxygen cylinders and ventilators have become more readily available in the hospitals. Perhaps as a result of this the fatality rate has gone down in most of the countries.
hero member
Activity: 2310
Merit: 886
October 20, 2020, 05:39:57 AM
#30
The problem in this world is that we are afraid of wars and put more money into development and research in this aspect. A lot of resources is wasted on military services. What if we had no war? There wouldn't be any need of military and it would save tons of money that could be invested in education and development of people. But, at the same time even if it sounds paradoxical, the war still plays one of the major roles in our development. War is the time when the development of different things is skyrocketed. For example, during world wars, there were created synthetic testosterone and other anabolic compounds, there were created stimulants which play a huge role right now because of their effect on cognitive abilities and attention (on the long term they burn neurons and are bad). You can't see a campus without it...


The Fiat currencies are so great that Elite Don't have really Plan to kill Fiat currencies.

Im sure the Trump and Elite like the World how it is.


I don't accept it that Trump or whatever leader in the world and their elites has power to change the world. They can make policies but depends on the people to follow the policies. Power belongs to the people, therefore it is the people that have power to cause such global change. Most countries are now practicing democracy which is simply the government of the will of the people.

Power belongs to the people, check most revolution that caused change and removing of government are people oriented. From the recent succession in Africa to the times in the past in Asia, Europe etc.
In reality, power really belongs to people but the problem is that people don't know / are unable to use this power. The reason is the lack of education and how governments try to zombify people. Democracy is a right to make the wrong choice by the way. And about revolution, people aren't those who cause changes, these are the certain people who really change the world, not people.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
October 20, 2020, 04:17:55 AM
#29
Observed that you like boasting about your viewpoints on different political matters through different threads in this forum. I tend to disagree with most of your views since they are baseless and pure assumptions without any sort of hard evidence backing them up op.

Coming to this particular topic, crisis has always been a normal that people have been dealing with for ages(Natural Calamities, Terrorist attacks etc).

Human beings have always overcome these obstacles no matter what though we are responsible for most of these problems.
hero member
Activity: 1694
Merit: 516
October 20, 2020, 03:30:47 AM
#28
If you check the stats, then it can be seen that there have been a lot of improvement in the situation. Back in August/September, there were on average between 6,000 and 7,000 deaths per day. This has declined to 4000-5000 now. And this has happened despite the steady increase in new cases. So we have evidence to say that the mortality rate from COVID 19 is going down.

I agree, the corona virus was very new during the first wave for every country. People didn't know what to expect and the countries where not prepared. Now with the second wave we see that hospitals and medical staff are much more prepared, that is why the death numbers are much lower. I hope in the long run we see the death rate of corona to be closer to the flu once we have vaccines and better medication available.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
October 20, 2020, 02:54:43 AM
#27
If you check the stats, then it can be seen that there have been a lot of improvement in the situation. Back in August/September, there were on average between 6,000 and 7,000 deaths per day. This has declined to 4000-5000 now. And this has happened despite the steady increase in new cases. So we have evidence to say that the mortality rate from COVID 19 is going down.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
October 20, 2020, 02:02:07 AM
#26
Problem with this situation is the fact that when there is something horrible going on, politicians try to make it look like they are doing alright, like for example 200k+ people is dead, any decent human would go up and at least say that he is very sorry for what has happened and he is trying his best to make sure no more of this would happen, but what does Trump do?

He goes out and says he is doing a great job and the number would have been a lot higher if it wasn't for him. That is the type of problem we are facing today in every situation, you say a problem to the politician, and they tell you it is not true and everything is sunshines and rainbows, why? Because if they accept things are not decent they would lose votes. That is why I believe in every nation we can't get better unless politicians realize they have to do something to fix what is bad.
sr. member
Activity: 1568
Merit: 283
October 20, 2020, 01:27:10 AM
#25
For how long are we going to continue being in crisis?. It’s totally wrong, but as you said 'there are elites who are benefiting from the crisis, in one way or the other, and the elites most of them are our politicians. Most of these crisis are benefiting some of our leaders the corrupt ones, and they are mainly the ones sponsoring some of the crimes you see that takes place, it’s a means for them to embezzle money Embarrassed Sad.

That's why they have strong Military power!!
They know that people might not like them but Military will keep the law and order anyways.
The military is the power of the government and they can use it to oppress the people. One of their tactics is putting fear in the people and making them doubt themselves and what they can do. It’s just like what’s happening in Nigeria now, it has been trending on Twitter, but imagine that the people gets angry and decides to react, it’s going to be really bloody for the government.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
October 19, 2020, 05:37:56 PM
#24
World is investing more money in Military coz They know this Military is needed to making sure we Still have law and order.


It is more likely that obvious that different countries around the world seems to focus more on strengthening their military forces that can all go out of war if it is badly needed most specially along with different crisis that affects the world wherein different leaders from many countries are putting into blame on who's fault it is now and what they will supposedly do regarding the matter. Instead of resolving the problem from the root cause, it seems like a strong force of law and military is being taken as a solution to shut the mouth of the people and let the government do the talking about the issues or crisis being experienced.


Its just After 10 years crisis get use to it then Everything will start Again...


We are still cannot be so sure that same thing that a massive crisis will soon to arise right after 10 years. If that so will happen, then it is already a planned one and not a coincidence nor accidental crisis that makes the world suffer from it.


Even when people say the power is with them, it is still not.

Elite did not become elite for no reason. They have set of skills that made them Elites in the first place. Being passed from generation to generation. Going back, it will only be the people who will be suffering this inflation. They have their own games way up there. And we are the pawns.

I agree. Even with a democratic country where the power lies on people that is supposedly to happen, elite people are making use of them being wise and their power to evenly control everything and make it favorable to them making people just to obey or follow what they say.
newbie
Activity: 210
Merit: 0
October 19, 2020, 02:04:29 PM
#23
The main mistake in the perception of reality is that the elite are Martians. These are the same people as we are, so nothing prevents them and us from changing, if we find points of contact and mutual interests.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
October 19, 2020, 01:37:07 PM
#22
In theory it's good for bitcoin as government responses to the pandemic just highlight the deficiencies of fiat.

In practice however bitcoin is still viewed in large part as a highly speculative asset rather than a safe-haven. We may see bitcoin price appreciation in the short-term, or we may see price drops as the economic turmoil starts to hit people in the pocket and they cash in on their more speculative holdings. Long-term, yes, the case for bitcoin grows stronger... it's just that (as we all know by now) the upwards path may have a few sizeable bumps.
Exactly.
Even when people say the power is with them, it is still not.

Elite did not become elite for no reason. They have set of skills that made them Elites in the first place. Being passed from generation to generation. Going back, it will only be the people who will be suffering this inflation. They have their own games way up there. And we are the pawns.
legendary
Activity: 1904
Merit: 1277
October 19, 2020, 06:29:45 AM
#21
So I think the debt and this money printing is beneficial.

In theory it's good for bitcoin as government responses to the pandemic just highlight the deficiencies of fiat.

In practice however bitcoin is still viewed in large part as a highly speculative asset rather than a safe-haven. We may see bitcoin price appreciation in the short-term, or we may see price drops as the economic turmoil starts to hit people in the pocket and they cash in on their more speculative holdings. Long-term, yes, the case for bitcoin grows stronger... it's just that (as we all know by now) the upwards path may have a few sizeable bumps.
hero member
Activity: 2716
Merit: 552
October 19, 2020, 06:08:32 AM
#20
World is investing more money in Military coz They know this Military is needed to making sure we Still have law and order.

Well, it isn't a bad thing If all nations were investing too much for the military power since they are the primary defense against other nations, but what happened today's pandemic is an example of a biological weapon that cannot be stopped by military force.
I guess now is the time to invest more in the field of health care and pandemic response funds. Most of the countries has been overwhelmed by the spread of the virus because there was no enough funds to cover the general expense to combat the pandemic.
Once the country's economic state is collapsing, everything else will always follow suit. 
hero member
Activity: 1862
Merit: 830
October 19, 2020, 02:27:25 AM
#19
Firstly am pretty sure that the crisis in the US itself won't define the crisis which is happening all around the world. In countries the situation is far more worse , US is kind of in a better off category one should understand that. The Hyperinflation would not affect the US itself more than it will affect the small countries which are holding huge stocks of the USD. Most developing countries don't even have enough coronavirus facilities to be testing each and very patient.
The things is : US have : Time , money , attention but they are not handling the situation well.
In lieu of the elections the people are too set on opening the public places and at the same time maybe distribute stimulus again , but unfortunately they are going towards the wrong direction. Plus I don't think there are so many drug addicts that we know of and actually people do have certain amount of power over the whole thing for sure.
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