Topic: Financial Crisis Will Come (Read 19914 times)
This pandemic bring us all down and cancel all our plans. Here in our province, we find a way to relieved that crisis which is a good thing. We learn to barter things that are not so useful for so other may may need or useful to them. The most common exchange are the basic needs such as groceries. Even plants can be barter and itnis very helpful.
Many people think that the financial crisis will happen because many companies aren't ready to function properly thanks to the closure of business in Lockdown during which case they're closing down the businesses and most of the people are getting unemployed which is causing the financial crisis. I feel the simplest thanks to overcoming the financial crisis is to grow vegetables. this may enable us to form some money.
This pandemic bring us all down and cancel all our plans. Here in our province, we find a way to relieved that crisis which is a good thing. We learn to barter things that are not so useful for so other may may need or useful to them. The most common exchange are the basic needs such as groceries. Even plants can be barter and itnis very helpful.
This is really a good idea and I think many countries or some places atleast could follow this method. Many people during this time may not have income because of lockdown or loss of jobs so there would be something in house which is not useful to us but may be required to other and we can do it barter type. Though we used to have this concepts decades ago but still in today time is an effective method for some people. I will circulate this idea too all my friends and relatives and will try to work around on this concept.
Do you do it on any website or there is a market where people come and buy/sell it in barter way?
The thing about financial crisis is that they are not predictable, not in terms of occurrence, intensity nor duration. They usually blind side you, because if conditions leading to a crisis were obvious then market activity on its own would avert it.
In other words, if a stock bubble was obvious to everyone, arbitrage traders and short sellers would pop it on their own.
Sometimes a crisis seems obvious in retrospect, but upon more detailed observation that is not really so. In 2008, for example, it seemed obvious that the housing market was way over valued to a lot of people who didn't have a direct stake in housing and related securities, but it wasn't the collapse of real estate values that sank the economy. It was the crisis in confidence following the failure of Lehman Brothers, and the recognition that many AAA-rates mortgage backed securities and derivatives were probably worthless, that turned the bust of the housing market into a global catastrophe. The overvaluation of the housing market was obvious and somewhat predictable. The contagion of fear following the collapse of Lehman was not.
In other words, if a stock bubble was obvious to everyone, arbitrage traders and short sellers would pop it on their own.
Sometimes a crisis seems obvious in retrospect, but upon more detailed observation that is not really so. In 2008, for example, it seemed obvious that the housing market was way over valued to a lot of people who didn't have a direct stake in housing and related securities, but it wasn't the collapse of real estate values that sank the economy. It was the crisis in confidence following the failure of Lehman Brothers, and the recognition that many AAA-rates mortgage backed securities and derivatives were probably worthless, that turned the bust of the housing market into a global catastrophe. The overvaluation of the housing market was obvious and somewhat predictable. The contagion of fear following the collapse of Lehman was not.
Economic crises arise with a certain periodicity, however, and taking into account certain circumstances and global economic factors. However, they are necessary because they eliminate overproduction, improve the economy and create conditions for the next stage of development. The current global economic crisis is caused by almost artificially deliberate measures to reduce and even halt economic development as necessary measures to combat the spread of coronavirus. Whether these measures were necessary or not, we can say after a certain time.
In the meantime, we will be able to observe whether a decentralized cryptocurrency will be a refuge for protecting money from inflation of ordinary currencies.
In the meantime, we will be able to observe whether a decentralized cryptocurrency will be a refuge for protecting money from inflation of ordinary currencies.
If we are going to put basis on the pandemic, i am sure that we can say that there will be an incoming finanacial crisis, i believe that the effect of the pandemic is worst and we can maybe still feel the crisis next year, we need to be more practical and patience this time for we can help the government solve the pandemic.
The pandemic bring economic crisis with it and was that the crisis which everyone was talking about ? Or will there is another big financial crisis which will come in near future ?
Another World War could trigger another financial crisis, I don't think of any other cause of next financial and economic crisis.
The world cannot take any more financial crisis now because this pandemic has already pushed us back and many people are finding it difficult to even survive. Many have lost their jobs; small shops are facing the financial crunch and economy has already falling. So hope this all comes to end quickly and good times begin again.
I'm not so sure that will end so soon, I think that we are actually at the begininig.
Financial crisis was predicted long time ago and this pandemic just made things worse, more deep.and more global. In many countries crisis hasn't even strated fully and like you've said so many people have already lost their jobs and many companies and businesses are not doing well. To be honest I'm afraid what is yet to come by the end of the year.
The pandemic bring economic crisis with it and was that the crisis which everyone was talking about ? Or will there is another big financial crisis which will come in near future ?
Another World War could trigger another financial crisis, I don't think of any other cause of next financial and economic crisis.
The world cannot take any more financial crisis now because this pandemic has already pushed us back and many people are finding it difficult to even survive. Many have lost their jobs; small shops are facing the financial crunch and economy has already falling. So hope this all comes to end quickly and good times begin again.Another World War could trigger another financial crisis, I don't think of any other cause of next financial and economic crisis.
If we are going to put basis on the pandemic, i am sure that we can say that there will be an incoming finanacial crisis, i believe that the effect of the pandemic is worst and we can maybe still feel the crisis next year, we need to be more practical and patience this time for we can help the government solve the pandemic.
The pandemic bring economic crisis with it and was that the crisis which everyone was talking about ? Or will there is another big financial crisis which will come in near future ?
Another World War could trigger another financial crisis, I don't think of any other cause of next financial and economic crisis.
There will be financial crisis if your government management fall into the hand of corrupt people. Then there will be financial crisis of the country. Beside, when various kinds of epidemic, storms,rains, etc cause damage to the country. Then the financial crisis becomes more and more.
For example, in 2020 Ampan Corona will bring about a catastrophe that will lead to a financial crisis in Bangladesh.
For example, in 2020 Ampan Corona will bring about a catastrophe that will lead to a financial crisis in Bangladesh.
the financial crisis, the government has anticipated all the possibilities that could cause the financial crisis to happen again. So far, the government has strengthened a number of factors.
Maybe government always find a way to strengthen the financial status of the country but now that we are fighting against covid 19 pandemic,the economy crash and the factors that can help to sustain the financial stability of the country are also seriously affected. And now,we are currently experiencing a financial crisis ,so much better to think an strategy to stay financially stable As much as possible and always save what we have now just to survive.
The reality is now finding work is very difficult, because many companies and shops go bankrupt due to effect corona virus,
which saddens the government is very slow to deal with this problem.
which saddens the government is very slow to deal with this problem.
It affects the entire country, without any business that will run inside the economy will surely suffer,
government needs to lift as long as they can.
handling situations like this depends from how the government officials will use their funds to help
every small businesses.
Allocations should be properly distributed to still continue to survive while this pandemic virus still
active around.
This topic is made relevant right now. Due to the fact that the world is facing a Pandemic and some third world countries are not able to mitigate the damage done on their economy, it will really take a toll on their financial resources. I doubt that some countries will really recover within the next two years due to the fact that some countries are still in debt even before the pandemic came.
Unfortunately, what so tragic about this crisis is the disproportional effect of our service workers, low income, low salary wage, minorities and skill service. Sadly, study shows more of the women are affected than men in job cuts. Thus, the government sees this problem and have they address it correctly? I'll just hope the crisis will end soon faster that I expected.clearly developing and poor countries will be directly affected because they must be assisted with debt assistance so that the economy can run normally again. resulting in debt continues to haunt them and result in them being unable to compete in world trade.
If we are going to put basis on the pandemic, i am sure that we can say that there will be an incoming finanacial crisis, i believe that the effect of the pandemic is worst and we can maybe still feel the crisis next year, we need to be more practical and patience this time for we can help the government solve the pandemic.
the financial crisis really happened at the beginning of this pandemic. at present, it seems that my country has adopted a number of policies so that economic activity has almost stabilized. to be honest, nowadays people see COVID-19 as something ordinary, just by using a mask, and social distancing, it can be avoided, so they thought. however, the government is currently trying to keep the crisis from getting worse.It is also because of the recession that we are experiencing right now. Businesses are closed that's why they are having a hard time to pay their taxes and grow their businesses again. Some of the businesses are closing permanently due to the bankruptcy that they are struggling. By that, people or workers will lost their job and it can worsen the financial crisis that we are experiencing.
Governments are really having a hard time and looking for a things that will help them end this financial crisis.
Our country is heavily in debt but the people are not benefiting due to the misallocation of the budget for this pandemic. That's why we don't feel any relief during this quarantine due to lack of financial assistance from the government or authorities.
Right now I'm worried about the world's population experiencing a financial crisis, because after experiencing quarantine for several months.
Most people's savings are used up because they buy their daily needs, which means that if they don't make money soon, they will experiencing
a financial crisis.
Most people's savings are used up because they buy their daily needs, which means that if they don't make money soon, they will experiencing
a financial crisis.
What can we do? We need to spend our money to survive this pandemic even the government is having a hard time to control and help the community to its financial problem. We need to deal with the reality that this pandemic is existing and ruining the lives of most of the people, especially those poor people who have nothing to feed for his family.
Hoping that the government is responsible about the growth and recovery of the economy amidst this pandemic. Opening of businesses with "new normal" should happen so that businesses could pay taxes even if we are struggling to continue the operation of some businesses. Also to give work for those people and earn salary as they are also struggling, not only the government.
Right now I'm worried about the world's population experiencing a financial crisis, because after experiencing quarantine for several months.
Most people's savings are used up because they buy their daily needs, which means that if they don't make money soon, they will experiencing
a financial crisis. The reality is now finding work is very difficult, because many companies and shops go bankrupt due to effect corona virus,
which saddens the government is very slow to deal with this problem.
Most people's savings are used up because they buy their daily needs, which means that if they don't make money soon, they will experiencing
a financial crisis. The reality is now finding work is very difficult, because many companies and shops go bankrupt due to effect corona virus,
which saddens the government is very slow to deal with this problem.
-snip-
the financial crisis really happened at the beginning of this pandemic. at present, it seems that my country has adopted a number of policies so that economic activity has almost stabilized. to be honest, nowadays people see COVID-19 as something ordinary, just by using a mask, and social distancing, it can be avoided, so they thought. however, the government is currently trying to keep the crisis from getting worse.
I think the financial crisis will come. This will happen due to a pandemic. This crisis will affect many countries. But this is just a crisis. It can be overcome after a while. Of course, bitcoins will always be expensive. I think this is a great investment. Perhaps bitcoins are more reliable than gold.
I have started to feel the financial crisis is already being in. There are quite a few shops which I know which were on rental have started to close it because they do not have money to pay those rentals now as there was no business from past 3 months. People have started to work from home and close their shops or to wind up their business as it is no more profitable or cannot pay the salary to their emphasis. this is all sign of the impact how economy may fall in coming months.
Officially for a recession you need two quarters of negative GDP. There is zero chances Q3 of this year will not be negative for most of world countries. China will do fine and maybe some other countries. The rest will suffer specially countries highly dependant on tourism. Recession is sure thing just not officially here yet.
If we are going to put basis on the pandemic, i am sure that we can say that there will be an incoming finanacial crisis, i believe that the effect of the pandemic is worst and we can maybe still feel the crisis next year, we need to be more practical and patience this time for we can help the government solve the pandemic.
the financial crisis really happened at the beginning of this pandemic. at present, it seems that my country has adopted a number of policies so that economic activity has almost stabilized. to be honest, nowadays people see COVID-19 as something ordinary, just by using a mask, and social distancing, it can be avoided, so they thought. however, the government is currently trying to keep the crisis from getting worse.Yes, history and current are very similar and the financial crisis will soon occur. I am surprised that the corona virus has been able to cause such economic paralysis for so long, and even worse is the political problems among the major countries in the world. This will cause many difficulties for countries' economies and it is difficult for the economy to recover. If the epidemic lasts for 3 more months, the risk of countries in the world will face economic crisis.
Every country is really having difficult time to manage their economic crisis and this pandemic, since the lockdown was implemented because every workers and business were temporarily shutdown. That is why there are countries who are having huge debts in rich countries so they could have funds to provide their country's needs.
Yes, history and current are very similar and the financial crisis will soon occur. I am surprised that the corona virus has been able to cause such economic paralysis for so long, and even worse is the political problems among the major countries in the world. This will cause many difficulties for countries' economies and it is difficult for the economy to recover. If the epidemic lasts for 3 more months, the risk of countries in the world will face economic crisis.
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