Financial Crisis Will Come - page 3.

Janation

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Quote from: Jorge158 on June 12, 2020, 08:32:16 PM

In situations of economic crash, it is smart to adapt and switch to means that will provide easy ways of patronizing other services and items without having to spend much money. It is not always a matter of waiting on the governments to bring solutions. There are many online jobs available for those who permanently or temporarily lost their jobs during corona virus outbreak.There are also other means of selling and buying using cryptocurrency and other forms of digital money or even barter trading with neighbours (this must be done with precautions because of COVID-19)

I don't think that is a good solution.

Not all of us have a cryptocurrency and not all of us will be able to accept and use it as payment. Not just because they do not know how will they use it but because only a few of the stores or merchants accept it. Though it is really a good time for people to adapt and use the means that we have the internet, there are convenient and better ways to earn using that.

hahay

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Quote from: Tahsin Kabir Kollol on June 16, 2020, 01:26:34 PM

It is very possible that the financial crisis will come and the world economy is a struggle for a few years. This crisis is exacerbated by coronavirus infection. The coronavirus epidemic has made people economically weak and has become economically weak by spending their savings and investments. A lot of people have lost their jobs in this economic crisis. Over the past few years, every economic sector has been facing losses and due to the coronavirus, certain economic sectors have been plunged into a special crisis and a number of financial institutions have gone bankrupt. There is a huge potential for a financial crisis in the world economy due to people losing their ability to invest and this crisis is likely to be prolonged if strong economic plans are not adopted.

Yes, the crisis will come and go but this year it is getting worse because the virus has a very big impact on the collapse of the world economy, no country is ready to face a situation like this so of course the collapse of the economy is inevitable. But basically if this virus really goes away it is actually enough for the economy to slowly recover, because even though there is always a crisis that occurs in several sectors but this time it is a crisis that is not even just a financial crisis because this pandemic is gnawing on many sectors that there so that the handling does require time that is not fast.

bitbunnny

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Nowadays, it is very hard to earn money. One of the saddest part of being an employee is your company cannot afford to five your salary so you will be fired by them. I know I am lucky because it did not happen to me. But knowing that there many people who can't afford buying anything they need to survive is such a heart break.
While the Government is trying to find funds for those helpless, it is also a heart break that a country's debt is multiplying.

That is case in mamy countries. Governments try to help but their sources of money are also limited despite the loans and similar and businesses are strughling to service. They are trying to cut all expenses they can and very often that applies to employees too.
Yes, good decent paid job will be harder and harder to find and I'm afraid we are not even at the begininig of real crisis.

Tahsin Kabir Kollol

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It is very possible that the financial crisis will come and the world economy is a struggle for a few years. This crisis is exacerbated by coronavirus infection. The coronavirus epidemic has made people economically weak and has become economically weak by spending their savings and investments. A lot of people have lost their jobs in this economic crisis. Over the past few years, every economic sector has been facing losses and due to the coronavirus, certain economic sectors have been plunged into a special crisis and a number of financial institutions have gone bankrupt. There is a huge potential for a financial crisis in the world economy due to people losing their ability to invest and this crisis is likely to be prolonged if strong economic plans are not adopted.

GeorgeJohn

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Financial crisis can only come when there is mismanagement of funds in a country but in a family is a lack of plan that causes financial crisis,a situation were by crisis in fund of country economy may be they experienced what they never experienced such as short of natural resources in a country such will attributes financial problem.

Disease can cause financial crisis such as covid19 which is the problem of world currently, after pandemic may countries will pass through financial challenges due to much expenditure during this problem of corona virus.

Jorge158

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In situations of economic crash, it is smart to adapt and switch to means that will provide easy ways of patronizing other services and items without having to spend much money. It is not always a matter of waiting on the governments to bring solutions. There are many online jobs available for those who permanently or temporarily lost their jobs during corona virus outbreak.There are also other means of selling and buying using cryptocurrency and other forms of digital money or even barter trading with neighbours (this must be done with precautions because of COVID-19)

FlightyPouch

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Quote from: Iced on June 06, 2020, 02:08:06 PM

Quote from: Twinkledoe on June 06, 2020, 04:11:01 AM

So while we are still in financial crisis, we need to find alternatives where to get our financial and everyday needs. If we will wait for government assistance or vaccine to be commercially available, that would be tough for those families with kids. If you have a small garden, you can optimize it to grow some vegies so as not to buy from the market. You can also barter items from your neighbours, or look for online jobs that will earn even a lil bit of income.

I'm actually surprised that there aren't that many open communities, wherein people grow their own veggies and exchange their leftovers for other veggies.

Actually, there is this trading that is happening in our country and they don't use fiat but they use things they think have the same value as the thing you are offering to trade. It is this group in facebook they call Bacolo Barter Community where you look at the things you want and you offer them things you think in value with what they are offering. https://youtu.be/wVFVDl34_Ac (the video is in tagalog though)

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Quote from: bitbunnny on June 11, 2020, 02:17:27 PM

New global crisis has been announced even before the COVID -19 pandemic. I think it would have happened this way or the other and because of pandemic it will probably be even worse, it will last longer and spread through more countries then in some "normal" conditions.
Unfortunately, I don't think there is anything we can do to stop this, we can only try to be prepared as good as we can to handle it easier.
Although at the moment I don't think that anyone can tell how serious actually this crisis is going to be and is it world going to be completely changed after it.

The impression is that states have done everything possible to bring about a global economic crisis. They stopped the work of factories and enterprises, prohibited the circulation of public transport, the work of markets and other enterprises in the service sector. It got to the point that some could not sell the grown crop of agricultural products, others could not buy and eat normally. After this, the economic crisis simply cannot fail. This is natural and done almost intentionally.

bobitza

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The financial crisis is implicitly taking place in the world. Because of the serious impact from Covid-19 epidemic. Try asking stores, services, tourism, entertainment ... to close, where the revenue is. The economy of a country develops thanks to the favorable development from many domestic industries. Unemployment tourism industry will influence the influence of many other industries. Moreover we must carry out social isolation.

Vaculin

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Quote from: The cure on June 11, 2020, 03:39:03 AM

Yes, it is happening now in the world. Since March 2020 when the Corona virus attaked us. Because of that virus many business all over the world is suffering from financial crisis.Thats why we need to find some alternative ways on how to find money even if there is still no stable job for us or try to plant some veggies on your garden to eat.

Individually we should, however, in general, we can expect that there's going to be a financial crisis that will happen in the long run if we haven't felt it yet now. The economy has been hit by covid-19, though not directly but it was the main reason why businesses stop operation since people has to go on quarantine to avoid getting infected, in fact, this is the worst year I've experience in my life, so I'm hoping it will end soon, and at the same time I also hope that my crypto holding is going to be a good security for my future.

bitbunnny

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New global crisis has been announced even before the COVID -19 pandemic. I think it would have happened this way or the other and because of pandemic it will probably be even worse, it will last longer and spread through more countries then in some "normal" conditions.
Unfortunately, I don't think there is anything we can do to stop this, we can only try to be prepared as good as we can to handle it easier.
Although at the moment I don't think that anyone can tell how serious actually this crisis is going to be and is it world going to be completely changed after it.

The cure

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Yes, it is happening now in the world. Since March 2020 when the Corona virus attaked us. Because of that virus many business all over the world is suffering from financial crisis.Thats why we need to find some alternative ways on how to find money even if there is still no stable job for us or try to plant some veggies on your garden to eat.

rk8814719

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Yes I think Financially Crisis In Coming Days Due to Covid-19 All Globally Impact This Virus.Covid-19 it's very dangerous human to human transfer so Many people infection no any antivirus only safety tips use corona All world locked down no any business during lock down so coming financial crisis situation .

Fredomago

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The crisis that has now come is probably the most global

It has come months before and until now affecting the global economy,Yet people are doing their best to survive and this is what Humanities is all about.

Quote from: Harriti on June 07, 2020, 01:14:36 AM

it will happen soon, we may even see it as a great crisis. Do you see the absurdity in financial markets around the world today, especially the US? when racial protests riots and robberies happened every day at the big stores in the center. After that, the epidemic situation has not improved but people gathered in large numbers to protest. But what worries me more is that the stock market has been growing steadily in the past few days despite very bad news. Will that be the last growth before the economic crisis occurs?

What?will happen soon?are you blind?we are now in financial crisis because almost all government are making loan in world bank and indication that we are financially unsupported.

Quote from: rk8814719 on May 26, 2020, 05:01:30 AM

Yes I think financially Crisis All Globally due covid 19 all world is lock down so all supplies chain stop not any business Country to Country all major Company Work stop due covid 19 so all big Unemployment coming days financially Criss.

and because people needs to be supported,thats the main reason why financial crisis comes to every part of the world now and why people are still struggling but strong enough to fight for their living.

Harriti

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it will happen soon, we may even see it as a great crisis. Do you see the absurdity in financial markets around the world today, especially the US? when racial protests riots and robberies happened every day at the big stores in the center. After that, the epidemic situation has not improved but people gathered in large numbers to protest. But what worries me more is that the stock market has been growing steadily in the past few days despite very bad news. Will that be the last growth before the economic crisis occurs?

aioc

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Quote from: rk8814719 on May 26, 2020, 05:01:30 AM

Yes I think financially Crisis All Globally due covid 19 all world is lock down so all supplies chain stop not any business Country to Country all major Company Work stop due covid 19 so all big Unemployment coming days financially Criss.

So far things are improving now, countries need to keep their economy moving they are now easing up, some establishments are now open and people can go to work provided that they follow the strict protocols implemented by the governments, you cannot implement lockdown for a long period of time, it's going to be a disaster if they do so.

Iced

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Quote from: Twinkledoe on June 06, 2020, 04:11:01 AM

So while we are still in financial crisis, we need to find alternatives where to get our financial and everyday needs. If we will wait for government assistance or vaccine to be commercially available, that would be tough for those families with kids. If you have a small garden, you can optimize it to grow some vegies so as not to buy from the market. You can also barter items from your neighbours, or look for online jobs that will earn even a lil bit of income.

I'm actually surprised that there aren't that many open communities, wherein people grow their own veggies and exchange their leftovers for other veggies.

Twinkledoe

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Quote from: MCobian on June 06, 2020, 04:02:52 AM

The financial crisis began in March 2020, when COVID19 began to spread rapidly throughout the world. Even bitcoin is down to
the price of $ 3800, fortunately it did not last long bitcoin quickly rise again to the price of $ 9600 now. Financial crisis is increasingly
worse now, because many people are laid off from work and shops must close. This makes a lot of people difficulty making money.
Hopefully the vaccine can be found soon, so the economy can run normally. But as long as the vaccine has not been found, the financial
crisis will continue.

So while we are still in financial crisis, we need to find alternatives where to get our financial and everyday needs. If we will wait for government assistance or vaccine to be commercially available, that would be tough for those families with kids. If you have a small garden, you can optimize it to grow some vegies so as not to buy from the market. You can also barter items from your neighbours, or look for online jobs that will earn even a lil bit of income.

MCobian

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The financial crisis began in March 2020, when COVID19 began to spread rapidly throughout the world. Even bitcoin is down to
the price of $ 3800, fortunately it did not last long bitcoin quickly rise again to the price of $ 9600 now. Financial crisis is increasingly
worse now, because many people are laid off from work and shops must close. This makes a lot of people difficulty making money.
Hopefully the vaccine can be found soon, so the economy can run normally. But as long as the vaccine has not been found, the financial
crisis will continue.

kotajikikox

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Quote from: Negotiation on June 05, 2020, 11:05:48 PM

Currently, there is a crisis in all aspects due to the virus This problem is due to the closure of everything at work but it is a much better idea to keep vegetables Not just the future will help overcome the crisis. We should take similar steps to overcome the financial crisis or gambling online would be better If we participate in gambling without wasting time sitting at home we will be able to earn even a little bit The financial crisis will be easily overcome.

Yeah but we are starting to recover now,because little by little those companies that has been closed because of the quarantine and Lock downs are now starting to open again and make the business back to normal.

Though there are some strict rules yet this can be the beginning of our new life.

Quote from: rk8814719 on May 26, 2020, 05:01:30 AM

Yes I think financially Crisis All Globally due covid 19 all world is lock down so all supplies chain stop not any business Country to Country all major Company Work stop due covid 19 so all big Unemployment coming days financially Criss.

Covid will never stop,because this is something that we cannot deny and cannot be controlled.

Let us keep Our self away from possibilities of being infected.

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