Topic: Get ready for huge financial collapse (Read 1276 times)

The more you have the more you urge to protect that.
People get scared by high numbers. That is the very reason we have the talk about resets and such.
Everything is based on trust in business.

The inflationary build up of senseless "The end is near" threads: our contributors don't understand that they're undermining their own reputation.
Someone who is close to a nervous breakdown can not be trusted. 

And that is still the cycle itself, if we have money right now, then we can just invest it on crypto or anything that can hold value and fight inflation and so with that, even if there is financial collapse we still have the urge to fight it out.

Although it might be very difficult if you are just a regular 9-5 employee, as I have experienced it myself, lay-off during the 2008-2009 financial collapse and it's really hard to get a job that time. But if I have the invested during that crisis, I might have did good. Maybe I was just lucky though that in less than two months, I was able to find another job and survived. Not sure though what will happened if I didn't as I can't bring food in the table for my family that time.

Since we are in a technology era like the internet that exists everywhere in the world. It seems that the motto of most people today is "Internet is life for them" Maybe because everything people do today around the world and all countries are connected to the data connection/internet.

Especially now that bitcoin or cryptocurrency is popular where people can earn money through it which is also true. And it also helps with many things,
mainly payment options and long-term investment.

This time is different. The COVID-19 pandemic encouraged government overspending, followed by external crises (wars) one after the other. How can the economy recover this way? The hole is getting bigger each time the US national debt rises and the government spends on foreign wars (Russia/Ukraine, Israel/Hamas). If spending isn't controlled, massive inflation (hyperinflation) will take over the world soon. And there's nothing central banks will be able to do to stop it.

A huge financial collapse awaits, whenever we like it or not. It's inevitable. Central banks like the FED and the ECB should've remained "hawkish" to help curb down inflation for good. I feel that the FED acted too soon by cutting down rates by 0.50 points. It should've waited a little longer. Even if that meant rising unemployment rates in the long run. The goal is to strengthen Fiat currencies (not weaken them), right? If Fiat currencies are weakened by inflation, then it would be complete chaos. People won't be able to afford living now, nor in the future. I hope I'm wrong, and we get to see the "light at the end of the tunnel".

You seem to be a conspiracy theory lover and link certain dates to major events, this is also what happened when entering the year 2000 many said there would be a major event on the 9th of September in 1999 but I don't even remember what major event happened on that date because there really wasn't.

Bank collapse is very possible when management is wrong and it happened in my country where many private banks went bankrupt because the owners used customer money to finance their businesses and the monetary crisis destroyed the economies of many countries including my country but events like this cannot be predicted the exact date except for the year and since the pandemic predictions about the dark times of the world economy, but you know that what must be done is to prepare yourself, crypto seems to be the solution but when referring to price fluctuations then crypto can make life difficult for many people except whales.

Not going to argue you are incorrect but I do need to add we have had this same post maybe 20 or more years ago.  I dont want to go recall the post, the videos and audio podcast type discussions I used to listen on the collapse of the dollar etc.   Its nothing new especially is all Im mentioning and its even justified.

The current global system even if we disregard specific countries and their problems, the current system is a lead balloon.  It shouldn't be this way but it is and its quite fair to say its not really a proper capitalist system at all.  Its far too self centered and biased towards the largest entities in that system.  Capitalism done right is from the bottom up not top down, the gigantic government cost and dominance in most modern countries is the most simple clue as to why its true and why it will fall apart.
  Governments dont make money, they use it up so those large government countries are relying for their continuation on the people who support them voluntarily or involuntarily.  

Its quite casually referenced, the fall of the global reserve system so I dont think its an extreme view.  Not everyone is interested, if it works it works so why argue.   I heard it a few minutes ago on Bloomberg, cant get more mainstream so its not surprise news etc.  it might take decades and I guess we could argue it may never happen just people take on the endless cost and put up with it for some reason.

Do not think too much about it, it is obvious the OP does not really know what they are talking about, because even if we can recognize that the current system is flawed and it will fall at some point, as even if the system was perfect it would fall anyway as all civilizations and cultures have done through history, we cannot really know the date with such accuracy, and it would be a long process taking years, decades or maybe even centuries.

I don’t know how you get this analysis because 2025 is just 2 months away from now, and you think this will happen this 2025. You don’t even say it anytime long in the next 10 or 20 years. You are predicting this should happen in the next months. Obviously, you know you are lying or let me say you are predicting something wrong. You should understand that countries have their own legal currency, so it means there is nothing like this that will happen.

Crypto itself is not a physical currency currently, and many people won’t believe or use it, so regardless of what will happen, banks will not stop working because they deal with their legal currency, which is supported by the government of that country. 

Well that doesn't make a lot of sense, aside from the use of crypto.  If banks (all of them) collapse, there's not going to be much cash to go around--not that I think any scenario like that is imminent.  Maybe at some point in the next few generations, but now?  Nah.  The world economy is in much better shape than you seem to think it is. 

This has been the topic of many threads, by the way.  If there was a global catastrophe that put the use of fiat in jeopardy, it's more than likely that there's going to be more than one currency that's still stable, and that's what people would turn to waaay before they started using crypto to buy stuff.  Look at Venezuela or one of the other countries that experienced hyperinflation; they started using the USD or a neighboring country's currency, not crypto.

And by the way, I've been waiting for a stock market crash for years and have written that in a number of posts....yet it never seems to come.  Bull markets can go on for a long time, but what we've got is just goddamn ridiculous.  And with interest rates starting to drop, I can't imagine that won't entice the high-rollers to start using more leverage in their investments.  Crazy-ass times we're living in these days.

In my opinion, the two things above are excessive hallucinations, how can you say that, you have to think with common sense and don't hallucinate, who does the bank belong to and who does the crypto belong to, you can study and research these two understandings, Countries have their own currencies and crypto is not real/physical currency that can be held and touched, remember that.

You cannot boost or make economic development with one name of digital currency, in this world there are not only those who understand and know crypto, there are millions of people who never know what crypto/digital currency is, how can you say the bank is no longer operating, the bank has existed and been founded since 1397, called if I'm not mistaken (Banca Monte dei Paschi) in Italy and now it has developed throughout the world with different bank names, crypto was created in 2009, how do you remove real things and replace them with hallucinations, that's something impossible and won't happen, remember that.

I guess you are just speculating according to your own understanding but I will tell you that centralised system will not die just like that. Right from origin there has been financial crisis or bank facing bankruptcy, but that doesn't mean all bank will fold for one bank mistake. You should also know that what happens to bank has happened to cryptocurrency exchange like binance, mt Gox and many other exchange that expirenced such a tragedy as hack, yet people did not give up on crypto. So the case is vise versa for both centralised and decentralized finance and one should not be neglected for the other. Both will always work side by side because the beauty of money is to work in different forms. Meaning both centralised and decentralized.

I don't really understand your point when you said the financial system will not be taken to the new World. But the aspect of still Insisting on crypto taven over banking system, I have already explained myself above and will not repeat myself.

We already have high inflation in many countries as uncertainty increasing due to many factors which are happening around in last few months specially Middle East is hottest with Russia and Ukraine are also had their impact in our country we are already suffering badly and peoples are going down day by day because now it's hard for them to have two time food for their families due to high prices in many things which are bringing more troubles for them.

As situation is going most chances we will have no positive development due to interest of few big countries for having things like these bring more troubles, and they are able to hold things under their control.

Here I agree with your few points, currently we are suffering completely different level problems in few countries even they can fix things which will bring stability and positive impact but nothing happening which is wired for many due to social media pressure we are now living in world which is full of propaganda and fear because few peoples love to have things like these around even they understand consequences of these as well.

Few countries have ability to bring quick changes which can bring positive changes but still many are not able to do because their sources are not enough for giving them required facilities and other things where they can bring positive changes.

The words you said are your thoughts but the reality is that none of us have any such message. I even think that you yourself have no information where you can show that the banks will disappear in the future. I believe that banks need to offer more benefits in order to stay competitive. They need to improve their service quality. Since fiat currencies will always be valued, so we shouldn't think accept banking system. A bank may not be able to survive in the competition but it doesn't mean that all banks will be disappear.

I personally think the world economy will be stronger in 2025 especially cryptocurrency adoption will go a long way. The deterioration of the financial situation in the world due to inflation can be restored. I think positive thinking is better than negativity.

Spreading fear and propaganda as if the fiat destruction process is happening simultaneously is very unlikely. A country's government will do anything to maintain what they have control over. I mean if the financial system is gone in 2025, how bad can you prove it to be? Every country has different levels of problems. Even countries that have been in conflict for years still use their fiat. Crypto is good for antecedent but if it has to replace the entire financial system then the government no longer has control.

In the coming year 2025 the inflation rate maybe continue to increase in several countries, with the increase in the price of goods that will alway sincrease at all times, it could worsen the situation with inflation, economic growth is difficult to recover, all the best things to hold back the rate of inflation have been done but everything needs a process.

People are calling for a doom, and they are not going to get it, because while there could be crash here and there in our history, which we had in 2008 and then again during covid as well, we always recover from this and get back on our feet. The same could happen again in the future, we could definitely end up with a good drop without a doubt, but then we will end up with something much smaller eventually, and this is the most important part, we can't really see anything further.

I believe we are going to see what people can do when they end up fearing and we are going to see people who are not fearing ending up with a profit as well. People who are used to these crashes will end up investing heavily when the time comes and because of this they are going to end up with a good amount of profit. This is why I will always end up buying when things are down, instead of selling like the rest, buying makes you richer when the bull comes back.

This is not the first of it kind, not today we used to hear all this kind of bank collapse, world ending and all sorts of that, but yes inflation will be on increase as it has been since there's not gonna be a time that they will stop Money printing, the more money in circulation the higher the inflation rate, Some countries economies has already collapsed, and we've some banks go bankruptcy,  we can not really tell what 2025 will unfold.

With CBDCs, governments can turn on the money printer whenever they want. It will give them more control/power over the mainstream economy. If you thought paper money and credit/debit cards are bad, CBDCs are going to be worse. The current financial collapse is nothing more than a plan to reset the global economy. External wars and foreign spending will accelerate the transition towards a full-fledged cashless society. Banks and governments will win, while average individuals (especially the poor) will lose. That's the way it works.

Thank God we have Bitcoin as an alternative monetary system. Otherwise, we would be "slaves" forever. With Bitcoin, we can finally be free from the evil clutches of central banks and governments alike. At least, that's the reason why Bitcoin was created in the first place. Unfortunately, people use Fiat more than BTC. And there's nothing we can do about it. Expect inflation to rise again after this is all over. I'd buy and "hodl" both Gold and BTC just to be safe.

TikTok: at least 25% of all messages send out are related to currency reset. Or chicks which need a sugardaddy. 
Just dare to give a sensitive comment on a youthful financials advisers' bull.

Instagram is almost the same crowd.

As I said “it's the same thing” CBDC is a representation of FIAT money without having a maximum amount, it is very unlikely that they make CBDC with limited supply because from what I see it is only a change in form not a change in the financial system, especially a country that cannot meet its needs with its income, the budget will be sought for financing, and therefore requires new money to finance the country's spending.
 
The banking system is definitely still in use but with the CBDC I think DEFI will be much more to open services if digitization has gone that far in the form of money mechanism.
Speaking of financial collapse can be seen from the dominance of global finance, meaning that there is no longer a very powerful currency like the Dollar, the collapse is only for the Dollar.