Global economic and trade crisis - page 4.

noormcs5

hero member

Activity: 2758

Merit: 617

Leading Crypto Sports Betting & Casino Platform

Quote from: Google+ on September 08, 2019, 10:52:33 AM

world economic conditions will always be there and will definitely happen whether it's when no one knows, while trading in the cryptocurrency world also has a very high risk, which is why many traders must remain vigilant when trading will not be able to provide guarantees that can always benefit .

There is always good and bad economic conditions but i fear a very worse economic crash soon. I have heard many re-known you tube channels taking about the financial crisis. Maybe the reason for this is the USA/China trade conflicts. I do hope that people will convert all their money from fiat into crypto , once they see the fiat devalue and stocks crashing.

Google+

hero member

Activity: 2464

Merit: 550

Leading Crypto Sports Betting & Casino Platform

world economic conditions will always be there and will definitely happen whether it's when no one knows, while trading in the cryptocurrency world also has a very high risk, which is why many traders must remain vigilant when trading will not be able to provide guarantees that can always benefit .

atjiat

full member

Activity: 1204

Merit: 104

As everyone knows, Switzerland is practically the leader among all countries in the quality and quantity of bank systems. Already, this country is starting to look positively towards the cryptocurrency, highlighting the positive aspects in the cryptocurrency market. Recently, a meeting was organized by the Swiss Institute for International Studies with the Head of the Federal Reserve, Jerome Powell, where among all the issues very important points in the cryptocurrency market were also discussed. In addition, I want to mention the moment that I expressed an opinion on the Libra project, which, according to Powell, will be a “system-important” project on the entire cryptocurrency market.

Gozie51

hero member

Activity: 2520

Merit: 624

I want to talk as individual here on how to go about trade crisis becomes it comes down to the individual. I think it is to start gathering up coins now. It is going to be difficult to do interns of depriving yourself certain life but, saving for the raining day is good.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Even the oracle of omaha waren buffet sitting on 122 billion dollar in cash ... what kind strategy is he using now? It's just show us how uncertain the recent financial situation that makes Warren buffet to sell more investments than it bought these days...

Picking gold as a safe haven become the reasonable one but not with me , I prefer half on crypto asset and the other half in cash to buy more crypto on the dip.

I would take my chance in this global economic crisis by fighting against the trends! Let's see what I'll achieve later

Dank14

full member

Activity: 252

Merit: 100

People have been talking about a coming crisis and the use of BTC as a better means of value instead of gold.

I think gold will be far better than BTC as a means of financial security.

TheCoinGrabber

sr. member

Activity: 994

Merit: 302

Well the basic idea is to remain "liquid" meaning you can dispose of assets quickly should the need arise. Of course another problem is in what form your money is since fiat is going to get rekt during such crises. I still think it's worth having cash at hand though. Sure it's going to have lesser value but considering crypto penetration, we'd still need it for day to day activities and you wouldn't want to get caught without some once they start shutting down ATM to prevent bankruns.

On the bright side you can haggle people for valuables if you do have money and then resell those once the economy peaks again.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

There are ways that any trade crisis affects global economy, of course its not just one sided like companies can't trade with each other, even the smallest part of your world gets affected by it, literally food can get a spike in price because you can't trade with another country, for example orange sale is a big thing in China and if world decide to boycott China as a whole we would see orange prices go up all around the world.

Now, that is just an example from oranges, of course that shows you how even the smallest things could be affected with this. That is why I think bitcoin will be affected but it wouldn't be affected in a positive manner, it would be affected with high price but world will get more expensive anyway. I think we should focus on removing the walls instead of building more.

Pab

legendary

Activity: 1862

Merit: 1012

Economic crisis is cycle.After prosperity time crisis is coming
I don't see any huge economic crisis
Biggest problems are in Russia because Russia economy base on input only
All that press article about crisis and recession are mostly paid
Press is still in biggest transparency crisis
However climate is changing.There was unseen temperature in Europe above 40C
There are biggest floods and tornados
Rivers in Europe are on historic low levels ground is dry.That is biggest problem and it can trigger very serious economic crisis
Technology is not magic tool.That technology tool is in hands of people .If will be strong will and cooperation to solve climate change issues then it can be done with technology use

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Arkann on September 04, 2019, 03:00:06 PM

I very much doubt that the Americans are for the most part unhappy with Trump. It is his activity that satisfies the majority of his citizens and one of the indicators of the success of his leadership is the growth of economic indicators in the United States of America.

Yup canceling trip to Poland to focus on Hurricane and then playing golf is amazing activity

People know politicians are clowns without any real power. They dance as corporations dictated them. So why not elect real clowns for it. Slovenia and Ukraine prime ministers are comedians. USA president is natural born clown. Other countries will just follow. It does not really matter what they can do or actually do, since they only do what they are allowed to do.

ene1980

hero member

Activity: 2002

Merit: 535

Quote from: Dark.Island on August 27, 2019, 08:24:45 AM

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

As mentioned by users here in this thread, if there is a major economic crisis no one can avoid that you have to face the music, but you can invest your fiat assets to something that cannot be directly affected by its crisis and we have bitcoin as an option, i am not expecting the bitcoin market to rise but it will be a safe place to invest when there is a global economic crisis.

Ausgewielt

full member

Activity: 453

Merit: 104

Quote from: Dark.Island on August 27, 2019, 08:24:45 AM

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

Actually Global economic crisis has different impact in a sectoral context, so global economic crisis does not always have a big impact on everyone. Sector that tend to be based on local resources will certainly will be different from economic sectors with a high import goods consumption rate. But in general people will lose purchasing power. In my opinion the best way to deal with this situation is to buy more gold.

sana54210

legendary

Activity: 3276

Merit: 1128

I am wondering what will happen with brexit as well, people have been talking about china and usa for a long time now and I know that those two are the biggest economical powerhouses in the world but when you combine UK and all of EU together they must be making a ton of economical dent in our world as well.

If that deal doesn't go well and brexit is a big fuck up, than there is a huge problem coming in as well, it has already been causing problems right now and think what would happen when everything is said and done and over with horrible exit deal. That would ruin many of the companies all around Europe and UK and that may affect economy. I am hoping it doesn't happen because what you think would be great for bitcoin price would actually be horrible for the world, you will have more money but you will have to spend a lot all the time as well.

fabiola!

sr. member

Activity: 714

Merit: 251

Quote from: barbara44 on September 04, 2019, 03:54:57 AM

Gold is not getting more attention because people are losing money on stock markets. Gold is gaining value because dollar is losing value right now. I mean stocks and gold could go up at the same time if you really hit it on the nose at the same time.

For example, let's say 800 billion dollars printed by the Federal Reserves, that means dollar will lose value (which happened in 2008) and that would mean your 100 dollars can't buy you the same things anymore, that is how companies start to make more money again, their purchasing power doesn't rise but their stock does but since dollar lost value that means gold gains as well. Hence you can increase both of them together (bitcoin too because it is against inflation).

However, companies are losing money right now because of trade crisis hence the increase in gold is different.

gold prices are flying high as many major economies and stock market are falling all investors and going behind gold every country wants weaker currency and i have recently saw many countries are reducing interest rates

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Dark.Island on August 27, 2019, 08:24:45 AM

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

During any crisis there are always winners and there are always losers as well, what you need to do is to try to identify what assets will perform well under a crisis and invest in them before the crisis comes, fortunately for you there have been many crises in the past and we know that precious metals do really well during most crises especially when the crisis is generated by a lack of confidence in the currency being used, an alternative investment plan could be to put your money in bitcoin and while we do not know how it will react under those circumstances there are signs that tell us it will have a good performance.

Arkann

full member

Activity: 714

Merit: 104

I very much doubt that the Americans are for the most part unhappy with Trump. It is his activity that satisfies the majority of his citizens and one of the indicators of the success of his leadership is the growth of economic indicators in the United States of America.

dengpei

member

Activity: 120

Merit: 10

Here for enriching conversations

Quote from: lixer on September 03, 2019, 01:00:37 PM

I think on contrary to popular belief the crisis will not happen, and I mean barely. The more trump is the president the more wars going on (economical warfare of course) and that means everything will go badly but in 2020 there is elections and I feel like there is absolutely no chance trump will still be a president, hell he may even go to jail after his presidency is over.

However, just before he leaves the office he will probably do one big huge thing that will screw everything up, remember the bush times and how he screwed the economy and Obama had to come in and had to fix the economy? Well, same thing will happen this time around as well, trump will screw the economy of the whole world with his tiny brain and than some democrat will come in and fix everything up.

I wouldn't put re-election past Trump yet, past experiences have shown that it is folly to expect Americans to make rational decisions when it comes to leaders. 'The Donald' represents something that most Americans have been praying for a long time- A leader who can speak their true intentions on their behalf in public, yes they can mock and show disapproval of his views in public but I am sure they applaud him in the privacy of their bedrooms. We are likely to see them show their gratitude in November 2020.

jrrsparkles

sr. member

Activity: 2436

Merit: 272

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Shutup on September 03, 2019, 03:30:09 PM

Quote from: Dark.Island on August 27, 2019, 08:24:45 AM

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

Global economic crisis will be the main problem now of all. But l will not quit to bitcoin until l didn't reach my goal in bitcoin to be rich in the coming future. This is really toUching that makes evryone excite

Bitcoin is not here to make you rich and also the true fact is that we never know it will be an alternative to gold when situation like economic crisis all around the world.So you need to have clear goal with the crypto currencies other than becoming rich in few years by holding it.And also have some reserves like gold to save you if there is an economic recession.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: lixer on September 03, 2019, 01:00:37 PM

I think on contrary to popular belief the crisis will not happen, and I mean barely. The more trump is the president the more wars going on (economical warfare of course) and that means everything will go badly but in 2020 there is elections and I feel like there is absolutely no chance trump will still be a president

Agreed there. He'll be voted out in 2020 and the succeeding administration will be intent on mending fences. I think that'll be a boon for equity markets and will keep things bullish for a couple more years. The fact that most people are already so bearish bolsters that viewpoint for me, since the majority is usually wrong.

There will inevitably be a 2008-like event eventually though. Whether it'll be significantly worse than 2008 is anyone's guess. It will ultimately boil down to the faith lenders have in the economy and in the Fed's ability to avert disaster, and their willingness to keep the markets liquid. These things can't be predicted.

barbara44

hero member

Activity: 2450

Merit: 605

Gold is not getting more attention because people are losing money on stock markets. Gold is gaining value because dollar is losing value right now. I mean stocks and gold could go up at the same time if you really hit it on the nose at the same time.

For example, let's say 800 billion dollars printed by the Federal Reserves, that means dollar will lose value (which happened in 2008) and that would mean your 100 dollars can't buy you the same things anymore, that is how companies start to make more money again, their purchasing power doesn't rise but their stock does but since dollar lost value that means gold gains as well. Hence you can increase both of them together (bitcoin too because it is against inflation).

However, companies are losing money right now because of trade crisis hence the increase in gold is different.

Topic: Global economic and trade crisis - page 4. (Read 3284 times)