Topic: Get ready for huge financial collapse - page 2. (Read 1276 times)

I don't know where you got these ideas from but it seems that you believe in the prophecies of fortune tellers who predict very bad events for the world in 2024 and 2025, I have heard a lot about these prophecies and the bad events that will happen in the world in 2024 but the year is almost over and we have not noticed any major events happening.

Yes there are a lot of problems in the world but this is always the case and there are no major events worth mentioning, as for your prophecies about the end of banks and the like I think they are far from reality at the moment, you do not have to trust the words of fortune tellers because they say a lot of prophecies most of which are false and some of which happen by chance.

Yeah I noticed too that gold is increasing adopted BRICS trying to create new currency but I don't know that is gonna make different but it will filled the gap if the new BRIC fiat is backed by gold like it used to

Yes, gold held by countries is increasing, with central banks around the world buying gold at a rapid pace:
Russia and China

Both countries have increased their gold reserves significantly, with Russia's reserves growing from 1,035 tonnes in 2013 to 2,333 in 2023, and China's reserves rising from 1,054 tonnes to 2,235 in 2023.

Türkiye
Türkiye's reserves increased from 116 tonnes in 2013 to 540 tonnes in 2023.

Central banks
According to a survey, 81% of respondents expect central bank gold holdings to increase in the next 12 months


But what will happen if the CBDC keep minting the USD it just look the same like the fed printing money right now right? maybe this time with wrapped technology.

yeah I personally consider money to be risky as well in time of crisis, inflation could literally eat up our money's worth, which is a big no no for me, I'd settle with something that has proven to be resilient against inflation since centuries ago or the fastest growing asset today which is either gold or bitcoin, just feels safer.

maybe other resources as well.

the fact that BTC and GOLD just keep rallying whenever things has gotten worse for the economy might be a good sign that it can be a safe haven for our asset.

Fiat money will always be excellent, and then the CBDC is a representation of Fiat money, the same, there will be no financial collapse from my glasses, it's just that there will be a shift in the real digitalization of the currency through CBDC, if there are still interest on loans and printing money And that is still used, the richer sentences that are rich will always be there until the end of human life, then when supplying money in the world increases, people will look for a place where they can save the value of their money, besides gold, Bitcoin provides to be the best alternative to We enjoy in the next year, prepare ourselves because the acceleration of technology will be faster, not until we lose the opportunity for the money we have now.

They can lack of something if they are only single but if all of them will unite that can make them more powerful though like you said this is more like a dream and if it is possible then I think it already happened a long time ago but I think the world is like this before right? And then it only got divided later on maybe due to some misunderstanding.

But, he sounded like he was serious there and there might be evidences that he saw for him to came up with this but even if it's not certain that is right that it is always better to prepare for the worse things that might happen suddenly so that we can handle the situations very well. We will not be like the others who regret, worries, and experience a difficulty.

Yeah, the value of money right now is much lower compared to before and I think that is due to inflation but I won't say that it has no meaning anymore because it still have some value left and we still can do something to cope up with the inflation like budgeting even tighter. I think this is the same as downgrading our lifestyle but if we think that was hard to do then maybe we can just increase our sources of income instead. We can also try hard to perform well in our jobs in the hopes that our bosses will increase our pay rates even if our position is still the same.

Cash is King for now. Once the money printer goes "brr", it will be the end of it. I'd say Bitcoin and Gold are "Kings". They will stand the test of time regardless of what happens with the global economy. You can see how Gold is rising during these times of crisis. BTC also enjoyed small gains.

For those with money to spare, financial crises prove to be an excellent opportunity to buy assets at a huge discount. I have a feeling the global economy will reset soon, paving the way for CBDCs to take over the world. Better be prepared for this, before it's too late. Either way, there's nothing we can do to prevent the rich from getting richer, and the poor, poorer. That's how the Fiat money system works. At least we know, Bitcoin won't be going anywhere soon.

Wow. This is a loud statement, however. Why would a financial apocalypse suddenly begin? On what grounds would this happen? Do you have inside information on this matter? If so, please share this material with us. I would be very grateful. Otherwise, this is just an assumption and nothing more. Almost any of us can assume something like this, but we do not have any real evidence.

Get ready for huge financial collapse Cash is king and crypto is the queen hahah but why you said all ot those about huge financial collapsing I know that our system maybe at risk heck printing more money make the cash itself turn into big bubble.

But can you tell me more about what is going on in 2025 and what all those happen

At least partly one of the solution a pandemic, a true one could solve, or a ww3.
 

A collapse won't happen alone, alone all will go as it went by.
A public upraising, a ww3 event or a wild super covid. Marburg is waiting its terms.
Those things a needed to make things collapse.

Usually peoples are not going with realities and doing over spendings which are killing us, and then we have hyper like OP those are creating more fictional stories about future and world as how things are going to end and how worst are coming even we can do better as well, but we never go for this because now we are living completely in different world where things are taking quick changes.

We are having too many peoples like OP around those are trying to have intention and doing things like these so it's all okay because sometimes we need to laugh and having fun because currently things are going more than tense for us in real life, and we also have right to enjoy, so OP is right in his views about coming financial collapse because when we will be having no enough income and our spendings are going overflow so we can collapse which is happening around us for long time.

If things keep going downhill with the wars and the COVID-19 pandemic, then yes, a financial collapse will be inevitable. I'm yet to see if central banks' policies will have any long-lasting effects on the global economy. At least, in a positive way. The cost of living is still high, despite efforts to raise interest rates. Now central banks are taking measures to cut down rates. The FED already made its move by cutting down rates by 0.50 basis points. I think it acted too soon. Should've waited a little longer to keep fighting stubborn inflation.

The lower the rates, the higher inflation will rise. I'm sure the "money printer" will "go brr" soon. Just you wait and see. When that happens, you can say bye-bye to Fiat for good. Maybe Bitcoin will save the day? I'm yet to see.

We lack the power to alter the situation on our own, so while it is important to make the realization that things are heading on the wrong direction, it is not really enough, we need to try to take steps to protect ourselves, and the best way to do this is by eliminating superfluous spending and increasing our income, not an easy feat without a doubt, but it needs to be done, otherwise our knowledge about the dire situation will be worth nothing and we will be in the same situation as all of those that are ignorant about what is happening.

This is a very simple problem the planet 🌍 is the same size it was in the 1960s ,but there were about 2.7 billion people there are now 8.1 people people.

So 3x the people sharing or fighting for the same resources means this will not get better for all of us.

Solutions would be

1) make Mars and the moon working colonies. maybe it gets done.
2) kill of 70% of the people here. seems like this is the plan
3) aliens reveal their existence and show us an easy way to expand our resources. does not seem likely.
4) total fail and people die off in under 100 years. i do not think this will happen
5) god shows up and fixes the problem
6) we don’t fix this resource issue and muddle along for 1000 plus years.
7) some unknown crap

notice bitcoin does not count for any fix other than maybe 7)

I agree, life is tough for a lot of people but like you say, we all have to learn to survive with the current economic climate & world situation, with wars & increasing cost of living. There are always ways to improve your personal situation if you’re willing to work hard enough.

I mean OP can't know this for sure neither, it is not going to be a certain thing, he is just using it to make sure that he knows what he is doing in order to convince people, he wants to look assertive but that]s about it. We know that it is not going to work well and we need to make sure that we are going to have some trouble with it.

I understand that the concept isn't really that great but in the end we are going to see this become something of a trouble of its own, and that's what we need to deal with, as long as we can handle this, there isn't really anything to worry about. Obviously a lot of people will say whatever they speculate "will" happen, but we all know that it's just another speculation since nobody can know what will happen beforehand.

This all sounds like a bunch of rubbish with no factual information backing anything up.  You've got all these specific things but yet there's no hard data backing any of it up.  Do you have some sort of research papers or something that you could link to your post here that would help make better sense of what you're trying to get across. 

I've been hearing a financial collapse is coming for 10 years, all while working at major financial outlets.  Not once has any of it come to fruition yet,

When you have your mind prepared you won't be taking unaware and you will know how to be prepared that is one thing that is killing us, we already know that this things is going to happen so why act as if we don't care and when it happens it's now as if we are in the dark but we know exactly how this things work, if the solution we know and a lot of things are happening currencies are losing value and inflation is taking over, their simple solution to this problems which are cutting cost and doubling the way you make money this are simple ways that you can reduce it, this is something that everyone is experiencing.

We need to make serious preparations when we already see what is coming because something is coming something big, we need to prepare for it, every business demand is been affected at this point, we all need to diversify even into bitcoin at list you don't even need to do much.

When things reach their limits then collapse will happen but I agree with you that people are over exaggerating things. I also believe that there will not be any financial collapse in the near future, at least in our generation, unless there is a sudden natural disaster or a nuclear war. Also, I don't see any scenario that would cause a global financial collapse or a collapse of the US economy.

Life is getting harder and harder and many of us are finding it hard to breathe with the life we ​​have today. But not everyone is like us, many people are improving their lives and becoming better. Just because we have difficulties doesn't mean everyone is like us. Be realistic and find ways to improve your life instead of thinking that the economy will soon collapse and make everyone the same.

Ah, yes. If you live in a developing country, $3m (USD) would be more than enough to live like a "King". You don't have to worry about inflation for a very long time. Assuming your country's native currency has a higher inflation rate than the USD. The thing is, not everyone is willing to save and invest money these days. Most people are poor and can't spare what they don't have. With a deteriorating global economy, it becomes harder (if not impossible) to achieve financial independence. The rich are getting richer, while the poor, poorer. That's how the system works.

Bitcoin promises to fix this. It will take quite some time before BTC makes any difference on the mainstream economy. Countries are gradually accepting it, so it should only be a matter of time before "hyperbitcoinization" becomes a reality. I'm pretty sure CBDCs will take over the world after the crisis comes to an end. It's all part of the plan towards a "global reset". Just keep "hodling" BTC and forget about the rest.

Its better to be prepared rather than on making yourself do find out to be completely helpless or something that you cant do anything on the moment that bad situations or conditions that do happen.
Although there would be no assurance that it will really be happening but at least you do find yourself get prepared if ever that time comes.If you do find yourself having no plans or having no preparedness for such
situation then you would really be ending up on a miserable life or situation on which we dont really like for it to happen. Economic situations becomes that worst as years passing by and same goes into those unexpected life conditions or situations that suddenly happens on which it will really be causing up that too much financial struggle.This isnt really just that focusing only on this situation or aspect but also
in other key areas as well. Its always been that recommended that you do have back up plans because not all the time that life goes on a smooth sail ride on where problems and tough situations could really be able to meet up along the way whether it is really pertaining into those inevitable conditions or into those sudden tough condition on where you will really be able to experience hardship into your life specially in terms of finances. So its better that you should really be that prepared into this stuff.