Topic: Get ready for huge financial collapse - page 4. (Read 1276 times)

If I were to say that your statement above sounds like a scary, delicious condition that will happen later. But is that true?

Indeed, Anticipating economic uncertainty when we feel how inflation and currency depreciation reduce our purchasing power is an important step. Thus, the price on the basic necessities is still increasing and the money we have today is worth less than it was a few years ago. Money save for rainy days,stocks and other forms of security it’s very important that we need to prepare that money to help us in future. Despite the fact that claims and estimations of the economies and markets are not always accurate, nevertheless we have to design a competent approach to all eventualities. Cooking such provisions for yourself and your family, storing them in advance as a part of an emergency stock, is quite beneficial to achieve a rather stable financial position in the future.

We also have to diversify assets which are very important in preparing for change in economic status of an asset. Hence, oil we use right investments to safeguard our wealth from the depredation of currency such as crypto, gold or property. Many types of investment each have their own concerns but at least we have an option which is better than keeping on holding on to cash which loses its value due to inflation. It is also the need to explore the creating economic environments so that we can be more appropriate in our decision making. If proper preparation and effective management are achieved we can mitigate the risk such a fluctuating economic environment and remain financially sustainable.

Dreams of getting rich is a lot more common for people who think about the future. I personally think about a world where I have like for example 3 million dollars. I know 3 million dollars isn't an insane amount of money in most nations, but still a good chunk of money anywhere in the world, even in USA most places three million would be lovely, but where I live I would never have to worry about money again and would live very rich life forever. In my dreams, in my imagination, what do you think I do with three million dollars?

You think I buy a yacth and a mansion or something? Of course not, I still live at the same house I am living right now, or even if I get something bigger, I would not spend more than half a million dollars on a house (plus selling my current house of course) so I would probably still have 2-2.5 million dollars at least.

What I do is try to protect myself from ever getting poor, and this is because we always get ready for financial collapse. Meaning that this topic is true even when we imagine about being rich, if I ever get rich, with any reason, like could be lottery too, doesn't mean I am going to end up spending it all, I will protect myself from any crash.

Yes, I agree, bro, even though it's not certain to happen, sometimes we prepare ourselves just in case one day this actually happens in our lives, we already have provisions that we have prepared well in advance, predictions are not yet 100 % percent we can believe it, but we have to prepare ourselves for all of this, at least we have minimal provision for ourselves and our families, nowadays there is no longer any meaning in money when we shop at the market, with just 100 thousand, it's not much of anything we can buy. get really very far from the past years that money is very valuable when we shop at the market.

Seriously? Another conspiracy theory? I doubt a "New World Order" will take place by January 2025. First off, CBDCs aren't even mainstream yet. And second, the world is highly-polarized right now. How would you expect countries to reach a common agreement? I know the global economy is in taters, but establishing a "One World Government" and a "One World Currency" seems like a distant dream. Governments lack the necessary infrastructure to make this happen (energy limitations, quantum computing is not ready yet, AI is far from being perfect, Internet is not accessible anywhere, etc).

I believe the world economy will recover at a slow and steady pace. Just like history has shown us. All without the need for a "New World Order". Of course, there will be a huge financial collapse. Especially if central banks fail to keep things under control. Hopefully, we'll see the "light at the end of the tunnel" soon.

They have the backing of the government from the beginning and that is one of the main reasons that they have so kind of collaborations with the government. We all knows how the government works if you don't have their approval they will shut you down. And most people that ownes this banks are people that have influence in the government so their fuck ups will definitely be covered this is something everyone is sure of, their improper things that the bank does and nobody is challenging them. And no matter what happened or how people invest in bitcoin the bank can still not be omitted from the world because as as become a system and the only thing that can happen is for them, to just upgrade the system. And bitcoin is doing very well but their is nothing that will change or replace money. Even now how many people know about bitcoin. And not  because of anything but maybe because if the nature of bitcoin and been an asset  and the same time its also spendable.

What a nonsensical thing this is! Where did you get this nonsensical conspiracy theory? You said only crypto or cash would work. But the bank can control the money through its monetary policy. And do you forget that crypto investors should use banks to deposit money to buy crypto on exchanges?

Also, it's nonsense to categorize banks at risk of collapse just by their logo. And there will be no new financial system to come. We are only improving the current financial system. It needs an improvement, not a replacement.

For this I agree more, Although it is only seen as a prediction and is strongly believed to happen, our task now is what independent efforts we have prepared when it happens at any time whether investing in btc or other investment instruments.

As I recall, we have gone through many economic recessions with quite bad levels and impacts, but life continues as usual, the only difference is that the number of items when we shop is considered no longer the same as before. Finally, whatever happens in the future, everything has a process.

How did you come about this prediction because I don't find them anywhere except here and from you. How did you know the banks that are going to collapse, if we do know ahead of time the banks that are going to collapse, we're all going to withdraw our money and nobody will be affected so nobody is going to lose but it doesn't happen that way as banks collapse come unannounced hence many customer will be caught unaware and they lose their savings. Financial collapse is inevitable as we're to expect it anytime because the financial system is in a mess.

But not in 2025 it's has to be years further into the future as things are looking a little bit better lately, just as we didn't expect the market collapsing in 2008 we won't be expecting the next collapse and it's going to be worse than what we experience in 2008 and 2020. We need to be preparing for this and we can do that by investing into real estate and buying Bitcoin that would be free from the market collapse.

I mean similar things happen every few years, but some of us are become delusional and start tearing their throats out but the cunning ones attempt to use the situation to their advantage. Although some people will suffer, a economic downtrend is continuing since the end of the pandemic and the war, this will continue and people have to learn to survive with it in the background.

There are newer avenues of making money, people have to grind it to survive and keep themselves healthy at the same time.

There are similarities happening in the world financial system to what happened in the 2008 recession. This doesn’t have to be a bad thing for you though if you act accordingly. Recession is a time that you can build extreme wealth. You can try to time the market as we’ll likely have a blow off top in all assets before a potential recession kicks in. Sell & buy back more during recession.

I understand that the current financial system is not the best, but predicting its full collapse by January 2025 is a bit of a stretch. Central banks are gearing up for some changes, like unveiling new rules on crypto exposure by 2025, but they are not getting rid of the whole system. They simply cap the crypto holdings of banks at 2% to keep things stable, not as a signal for collapse. The idea is to make the crypto usable responsibly while retaining a sound banking backbone.

Also, many experts recognize a "fragile" financial system, but that does not imply it will fall to pieces over one day. Perhaps Bitcoin will shine bright in a more "pro-liquidity" environment come 2025, but it is not going to eradicate traditional banking overnight. It will be more like a slow and steady evolution, not complete collapse.

Although I agree that at some point banks will stop operating for some reason, I don't see this happening anytime soon. So it is still safe for people who need banking services as a step to support the business they are engaged in. If the bank stops operating, the economic conditions will be even more chaotic and it will be marked by a massive economic crisis throughout the world. Even the circulation of fiat money will never be stable in such conditions because of the panic that occurs which makes everything rare.

You are too bold to say that in 2025 this system will collapse and you are so sure that the only remaining system is crypto. Where do you get that assessment from and why is that confidence so high because if you look further ahead there is no certainty about crypto if war spreads globally.

When we can be ready with anything, we will not too depends on other people or even the government because they must be busy with their work and solved the problem. That will happens too with other people because they will busy with their lives and family so we can not gets a help from them. If we are ready, we can handle the situation with good without having a problem and even we can help other people who needed help. The more people we can help them, the more we can gain unity to help each other in our society so we can together survive in the hard situation.

That's what difference in perspective is, many people see this kind of thing as something negative but then other people see it the other way and in my opinion, that's the beauty of this kind of thing, it's not really good that all of us will have a same opinion on things because it's boring and at the same time, no innovations are bound to happen. For me though, this kind of fear mongering isn't really that big of a deal for me, I only think of this kind of thing when I know that it's going to be a big deal for me or not, most of the time, whenever a financial collapse on other countries, it doesn't affect me much unless that country is an economic partner of my country and it just so happens that it's not the case most of the time which is a good thing for me, you're not the only one that wants them cheap assets, I too want that because I know the value of those stuff in the long-term and I don't like to miss out on those opportunities.

According to his logic, all banking systems will collapse and crypto will be the new global payment method. I see this as an idealistic utopia because it is not based on any objective facts and can be classified as a new trend of conspiracy theory that is contrary to the actual theory. There are many who believe that the end of the global financial system is near to happen since alternatives have become available according to their limited opinion. Despite the major loopholes in this vision, many have come to believe in it and promote it on the basis that the owners of the classic conspiracy theorists are planning to replace the global financial system with a new system and therefore they are the ones who created Bitcoin and crypto to replace it. It is a very comfortable theory for those who are unable to comprehend reality and see that any possible change will remain within the same conspiracy theory. I discussed some of them on some social platforms and it is clear that they live in a state of complete denial of reality.

I will agree on you. Banks are back up by the government, so as long as the government is here to cover up the lapses of the banks, these banks will never stop its operation. So I don't know @ OP where you have gained that kind of analysis because as far as I know, banks are still serving its purpose and is still useful for those who are focused on fiat. Yes, crypto may be quite dominant these days since we are already in a digital world but somehow, it can never replaced yet the position and the true essence of banks to its users.

I don't know what conspiracy you are writing this after reading, so don't take it too far, I do realize that the current banking financial system may not last forever, but you are saying early 2025 will be the end, this is not logical and there is no data to support your argument.
If you want to continue your conspiracy line, maybe I'll say that the Rothschild family is at your doorstep to change the world and those freemasons are making cookies for you. lol

This is really sounding like some sort of prophesy from a drunk pastor. You're making proclamations without any base or facts for comprehension or reference. You need to understand that the banking systems has it's separate purpose to serve and crypto also has it's own. So if you're saying this to promote crypto, then you're blind to reality.

Crypto adoption has not reached the extent that it would phase out Fiat totally and moreover crypto and fiat are not competing in any way, so I don't see your points as valid honestly. Wherever you got your inspiration from is totally a wrong source

This is very funny I must say you know why reading through the First three lines made me burst into laughter and I see the courage you carried trying to make a points but hell naw First I think you need to do a thorough check up on your write-ups and secondly I think such informations needs sound proof and points rather than jumping out from no where and making this. And it shouldn't be because someone else brought up similar thread as this and boom you want to make  create something too and another thing I want to point out is that, you said the only thing that'll work will be crypto or cash, okay in a  lame sense how would you get cash when the bank won't be working like you said, is it that everyone holding cash would have a money printing machine to do that?