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Topic: Financial Crisis Will Come - page 7. (Read 19829 times)

sr. member
Activity: 1582
Merit: 253
October 30, 2019, 10:59:00 AM
Recession/Financial crisis is a global phenomenon that is sure to impact negatively on the life style of citizen in different countries, to be exempted from financial crisis an investment  in cryptocurrency is the latest technological way out, research, invest and take profit to re invest.
Crypto currencies are created using technological advances and the development of times and economic systems. Crypto currencies will one day need a country that is experiencing an economic crisis, but until now the crypto currency is still underestimated by many countries with negative results will be obtained. crypto money will be useful for countries experiencing economic crisis
newbie
Activity: 28
Merit: 0
October 30, 2019, 05:47:42 AM
Establishment commentators tend to blame every financial crisis on the "bad luck" of a whole host of factors coming together to create a "perfect storm."  What they "forget" is that the incentives of the modern system always drive the elites themselves to destabilize their own system.  Not sometimes.  Not most of the time.  Always.

They will say that the 2007-8 crisis was a combination of the US banking deregulation of the 90s, the US political agenda of moving poor people into home ownership, the poor financial oversight by the George W. Bush administration, the 'global savings glut,' the existence of a shadow banking system in the US, the loose monetary policy in the aftermath of the dot com bust, etc. etc.  All true.  What they forget to mention is that, if it were not these factors, there would be others (stock buybacks anyone?)  If it hadn't happened in 2007-8, it would have been later.

Only looking at the top of the world system, ie Britain in the 19th century and the US later, we can see that:

- There was a financial crisis in Britain roughly every 10 years from 1810 to the 1860s.

- The British Empire bought itself a couple decades by making gold the only money, and not silver.  (Thereby making itself rich at the expense of silver countries -- not unlike what the US might be doing with crypto-currencies today.)  But in 1890 a financial crisis in London made it necessary for the Bank of England to be bailed out by gold from other central banks, the first time in history.

- Soon after world-leader status was moved to the US, in 1929-31, the Great Depression started with a series of financial crises.

- Though the bloodshed of World War II bought a few decades of stability under the US, it was forced to renounce its promise to allow foreign governments to redeem every $35 for an ounce of gold, in 1971.

- The 1970s global crisis of confidence in the dollar forced the US to pay 20% interest on 30-year Treasuries by about 1980.

- The US stock market crashed in 2000.  By 2002, the NASDAQ had lost 78% of its value at the peak.

- The entire world system teetered on the brink of collapse in 2008.

Remember that, we're only talking about the top of the world system, which is the most stable, by design.  (Paper pound sterling in the 19th century and dollars in the 20th were the world's top reserve currencies of their day.  Every effort is made to make other countries fail first -- e.g. the emerging markets crisis of today helps protect the value of US money and debt.)  Further down the ladder, there were many more crises, plus conflicts and wars.

So the long view reveals the truth.  And the truth is that you can't escape the perverse incentives that make individual members of the elites want to profit or prop up the system today by storing up even more trouble for future elites.  These incentives come directly from the system's core nature of theft and deception.

If we listen to mainstream economists, the reason for recurring crises is that, for some reason, people just want to keep losing money.  They keep chasing risky assets whose high values have nothing to do with being propped up by state-bank-elites.  Right.

This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!


It's certain they'll come. A financial crisis is nothing more than a contraction due to a transitional period where the economy adapt itself to emerging and fading markets. The key to progress and survival is adaptability, staying relevant and being able to read the times helps a lot when figuring out next moves. Research, planning anticipation and assertive action can make a different when adapting investment portfolios or trading strategies to remain afloat during a bearish market and even during contractions. Right now, many would say that are some emerging markets and projects that have high probability to perform well, regardless of crisis, blockchain is poised to grow exponentially and venture capital is a necessity that won't die soon. There are opportunities for growth and improvement, that means value, which in turn, means profit.
copper member
Activity: 448
Merit: 3
September 19, 2019, 05:54:38 AM
There will always be a period of financial crises. All your highlighted points are valid, but not limited to them. We see how greedy the rich class can be in benefiting from the financial crises and calling for bailout, bailout is just a way of giving more money to the rich which further punishes the economy. I read conspiracy of the rich by Robert T. Koyosaki, and I weep for the people controlling the economy, how notorious they can be.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
September 18, 2019, 06:07:10 PM
Recession/Financial crisis is a global phenomenon that is sure to impact negatively on the life style of citizen in different countries, to be exempted from financial crisis an investment  in cryptocurrency is the latest technological way out, research, invest and take profit to re invest.
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
September 18, 2019, 04:29:21 PM
Establishment commentators tend to blame every financial crisis on the "bad luck" of a whole host of factors coming together to create a "perfect storm."  What they "forget" is that the incentives of the modern system always drive the elites themselves to destabilize their own system.  Not sometimes.  Not most of the time.  Always.

They will say that the 2007-8 crisis was a combination of the US banking deregulation of the 90s, the US political agenda of moving poor people into home ownership, the poor financial oversight by the George W. Bush administration, the 'global savings glut,' the existence of a shadow banking system in the US, the loose monetary policy in the aftermath of the dot com bust, etc. etc.  All true.  What they forget to mention is that, if it were not these factors, there would be others (stock buybacks anyone?)  If it hadn't happened in 2007-8, it would have been later.

Only looking at the top of the world system, ie Britain in the 19th century and the US later, we can see that:

- There was a financial crisis in Britain roughly every 10 years from 1810 to the 1860s.

- The British Empire bought itself a couple decades by making gold the only money, and not silver.  (Thereby making itself rich at the expense of silver countries -- not unlike what the US might be doing with crypto-currencies today.)  But in 1890 a financial crisis in London made it necessary for the Bank of England to be bailed out by gold from other central banks, the first time in history.

- Soon after world-leader status was moved to the US, in 1929-31, the Great Depression started with a series of financial crises.

- Though the bloodshed of World War II bought a few decades of stability under the US, it was forced to renounce its promise to allow foreign governments to redeem every $35 for an ounce of gold, in 1971.

- The 1970s global crisis of confidence in the dollar forced the US to pay 20% interest on 30-year Treasuries by about 1980.

- The US stock market crashed in 2000.  By 2002, the NASDAQ had lost 78% of its value at the peak.

- The entire world system teetered on the brink of collapse in 2008.

Remember that, we're only talking about the top of the world system, which is the most stable, by design.  (Paper pound sterling in the 19th century and dollars in the 20th were the world's top reserve currencies of their day.  Every effort is made to make other countries fail first -- e.g. the emerging markets crisis of today helps protect the value of US money and debt.)  Further down the ladder, there were many more crises, plus conflicts and wars.

So the long view reveals the truth.  And the truth is that you can't escape the perverse incentives that make individual members of the elites want to profit or prop up the system today by storing up even more trouble for future elites.  These incentives come directly from the system's core nature of theft and deception.

If we listen to mainstream economists, the reason for recurring crises is that, for some reason, people just want to keep losing money.  They keep chasing risky assets whose high values have nothing to do with being propped up by state-bank-elites.  Right.

This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!


Financial crisis is coming but in crypto we always have the chance to earn money, l can say if crisis come we can longer stay here because we have a very big chance to have a daily income here. It depends on how we search how to grow my capital.crisis come but we are a survivor here in this site.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
September 18, 2019, 01:13:04 PM
Financial crises are the flip side of capitalism. Unfortunately there is no way we can avoid this (only if we establish communism, lol). However, while the state's economy is collapsing, we will always have Bitcoin.

   And there is financial crisis around the world, it just jump from one country to another, or couple, you never know. Good thing for all of us is that we own some Bitcoins, and many
alt-coins, it`s like that in my case. But it`s not just for us, many people will find safe heaven in crypto-currencies. We don`t care about financial crises, we have our own fluctuations
right here, but in long-term we are safe and we will make money.
full member
Activity: 474
Merit: 111
September 18, 2019, 11:32:24 AM


This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!

As I know, Bitcoin is an unmanaged business and its value is determined by the market. If the whales abandoned bitcoin one day to return to gold or some other more potential asset, would it be called a crisis?
Bitcoin is really risky when no one manages it. How do you answer about this? And how are you sure that buying bitcoin will benefit the future?
hero member
Activity: 2870
Merit: 594
September 18, 2019, 10:41:04 AM
The most likely crisis coming in the near future would be in the UK. Their economy has suffered a contraction in two quarters consecutively plus incoming Brexit. That would definitely bring down some of their economy friendlies as well

Not UK only - the whole financial world is waiting for an explosion can happen at any moment. And until this happens, professional investors transfer their assets from securities to gold and Bitcoin. They do it as a precious metal is a well-proven protective asset, whereas Bitcoin is a new financial instrument that does not depend on the stock market and can show high profitability.

First Gold, and other precious metals and probably bitcoin later. Because crypto in general hasn't been tested whether it is a good hedge to a global crisis.

So we will have to see, financial crisis is looming around the corner, so bitcoin might be tested in worst case scenario. As far as Brexit or even the US-China trade war, it could be a major factor that will push the world into the brink of finally collapse. It is scary, but inevitable, and I guess it's part of the financial cycle.
full member
Activity: 862
Merit: 100
September 16, 2019, 02:17:48 PM
The most likely crisis coming in the near future would be in the UK. Their economy has suffered a contraction in two quarters consecutively plus incoming Brexit. That would definitely bring down some of their economy friendlies as well

Not UK only - the whole financial world is waiting for an explosion can happen at any moment. And until this happens, professional investors transfer their assets from securities to gold and Bitcoin. They do it as a precious metal is a well-proven protective asset, whereas Bitcoin is a new financial instrument that does not depend on the stock market and can show high profitability.
full member
Activity: 2044
Merit: 180
Chainjoes.com
September 16, 2019, 01:03:09 AM
Financial crises arose periodically and will continue to arise. This is an inevitable evil and at the same time a purification of the economy of each state.
It is generally accepted that cryptocurrency arose, inter alia, to contrast the negative consequences of global economic crises. During its approach, the price of cryptocurrency should increase, as people will try to avoid the effects of sharp inflationary processes at this time. We will soon see how it will work.
member
Activity: 546
Merit: 33
Rasputin Party Mansion
September 15, 2019, 03:00:50 PM
"Crises" are intrinsic to the capitalist system, because it is clear that no system can grow indefinitely. So, periodically, the system resets itself.
The important thing is to understand that if you know how to manage things you can earn more in times of crisis than in normal times.
hero member
Activity: 1862
Merit: 830
September 15, 2019, 04:37:08 AM
The same thing has been predicted time and again by the people involved in Every sector ...the good thing is it had been also predicted that Bitcoins will luckily be on the ride even in the time on crisis ..or even if they are not on the rise they would still be better than most currencies now a days ...I think we should hold some cryptocurrencies because in this way the whole world can actually support each other .. everyone will be interconnected and therefore can be benefited .
newbie
Activity: 109
Merit: 0
September 13, 2019, 08:15:26 PM
Crypto isn't stabilize yet, and still more years to come to make it fully accepted by the people and consider to be another form of currency accepted by all establishments.
newbie
Activity: 10
Merit: 1
September 13, 2019, 10:14:18 AM
I think the economic crisis will affect the bad side. Because people investing abstain due to the crisis is quite a normal situation. In the crisis period, there will be no hot introduction in the big sense to the markets. The importance is our patients.
member
Activity: 102
Merit: 13
February 11, 2019, 09:15:36 AM
Have you had a look at the stock market recently, for instance the leading tech stocks or S&P? You must be blind in order not to see the writings on the wall. The markets collapsed in december when the FED decided to go ahead with bringing the interest rate slowly back to levels before the last financial collapse. The only reason the markets did not plunge further has been the Feds announcement to pause the gradual increase in interest rates until the markets are more stable. At this point the system is fragile that we do not need a blackswan event, a black duck would be enough to cause a complete financial collapse.
member
Activity: 378
Merit: 10
December 03, 2018, 11:28:04 PM
I don't believe that the financial crisis will come. There is no black swan event which usually does not happen. Usually only when people forget the financial crisis will come. This is the same as the cryptocurrency market. When many people give up the cryptocurrency, he will take off.
sr. member
Activity: 1036
Merit: 275
December 02, 2018, 06:35:54 PM
Well i think that the next financial crisis is going to happen sooner than what we all think.

Every 10 - 12 years there is a new one, maybe it can be a little one, or a big, big one, but it all depends on how things are being managed.

I hope that we won't lose anything this time

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.
member
Activity: 462
Merit: 11
December 02, 2018, 06:16:50 PM
entrusting the economy and our lives in fiat will make us more devastated because monetary policy and increasing inflation force fiat to have a value that continues to grow, and when we save fiat even though we get interest from savings the value is smaller than the inflation that occurs every year . trust in overcoming you in gold and crypto because they are resistant to the economic crisis and other regulatory arrangements until now
full member
Activity: 1414
Merit: 228
Omicron is another FUD
December 02, 2018, 05:36:21 PM
we must be ready for all the possibilities that will occur in the future, including financial crises, disasters, and deaths. but for the financial crisis, I feel the biggest cause is not innovating, the difficulty of employment and people's purchasing power is declining.
copper member
Activity: 383
Merit: 100
December 02, 2018, 01:20:42 PM
now I have experienced an economic crisis, the price of BTC is now decreasing more and more, this month I have never had a profit in BTC, I have not dared to invest, I will invest when the price of BTC starts to improve
all crypto people experience the same thing about you, where many traders now hold their assets for an undetermined period as well as investors are following the development of crypto and waiting for the end of the year crypto price correction has entered stable orexperiencing a shock again like a few months ago.
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