Topic: Global financial crisis (Read 1459 times)

I'm not sure if we face a crisis, then bitcoin becomes a safe place to save money, gold is indeed used a public peoples as a place to save money to avoid a decline in value due to inflation. how do we predict when the global financial crisis will occur? I just found out this.

It is normal to experience global financial crisis but it is not normal if the financial crisis will last in a long time. Right now, most of the economy of different country are crashing because of the crisis.

The current financial crisis is triggered by a trade war between China and America, where the impact affects world trade. Countries whose financial fundamentals are not strong, the impact is immediately felt. Then there are some countries that implement bitcoin as a currency to withstand very high inflation in the country.

I'm not familiar with that term--what's the "reposition industry"?

Anyway, 2008 doesn't seem like that long ago to me, which was when the banks were starting to feel the pain of all those lousy mortgage securities they were investing in (with huge amounts of leverage, I might add).  After Lehman Bros. and Bear Stearns failed, along with a bunch of banks, the US government started putting restrictions on how banks conduct business, including how much reserve capital they have to have on hand such that they won't become insolvent should another crisis happen.  Bank of America has been wanting to increase its dividend for a few years now, but the government won't let them.  That's something I've never seen happen.

I do feel a vibe that something's going to go down, that a crisis is going to hit, but I'm not exactly an economist and any opinion I give isn't exactly going to be a well-informed one.  I'm hoping it's too early for another global meltdown to happen, since we're basically just recovering from the last one.  Hell, it wasn't too long after 2012 that unemployment numbers started dropping.

Eh, no.  People and institutions with a lot of money and power have been known to fuck things up royally with wide-stretching and long-lasting effects, especially on people who can least afford to lose money, e.g., people who are relying on retirement funds to support themselves.

Excellent shitpost.  Hope you made a good chunk of change for that one.

I disagree crisis are real, it is true that from time to time some powerful people try to manipulate the market, but even if they are so powerful they lose control of the economy and they need the help of the governments to try to stabilize things, that is why you need to be prepared just in case that happens again but unfortunately many people never listen and they suffer the consequences of that mistake.

I think that there is no crisis and its never exist. This is a specially created situation for people to make them panic and to start selling stocks or coins or buying everything in large quantities. I am sure that this is a kind of market engine.

The global financial crisis will affect the economy of each country, which will affect the development of bitcoin. Bitcoin prices will fall sharply in the electronic money market. Bigger investors invest in bitcoins than before. Because they are not sure bitcoin will survive sustainably.

This is why most people are deeply affected when an economic crisis happens, they operate under the premise that everything is always going to be fine and that a crisis is not going to appear and when it does they are completely unprepared, they are heavily indebted and they do not have any savings or investments and that is why they suffer when those events happen.

The global financial crisis will surely come and will definitely go away, all depends on government policy in dealing with the problem of the financial crisis. We must be ready to face this financial crisis whenever it will arrive.

I also tend to think that the crisis will come in the next couple of years. Shiller PE Ratio Index is very high. This indicates an overbought US economy. Moreover, as cyclicality shows, a crisis happens once every 10 years.

on an economic map, currently president of America is planning to meet government of China, so trade war between the two countries i think will be normal again. and the effect of the world economy gradually improved

The crisis occurs when there is instability in the economy as inflation escalates. It causes a lot of consequences. No one wants the crisis to happen, but if natural law repeats, it may happen soon

One thing digital assets such as bitcoin offer is decentralization and reliance on central authority. In the case of financial crisis it has not yet happened because the US (stock market) or say economy has not yet crashed. Its true many nation's economies are in bad state but they cannot be saved or be known as recession worldwide because Uncle Sam has not sunk yet. The model sucks to the core and robs developing and other hopeful nations of prosperity. The more reason with the crash on-coming or if it doesnt will instil more hope in Bitcoin and people will start to understand the whole cryptocurrency phenomena

No one can predict the timing of the financial crisis, but know that Bitcoin was born in the financial crisis. When the finance reappears, the cryptocurrency will take off again. The cryptocurrency will be the best safe haven in the world, but it is still growing and is currently unable to compete with gold.

No one can really said the time of the next global crisis as I relate the crisis in term of rate and not time.  To me we are currently in crisis financially and to some extent that is global financial crisis.  If you will agree with me the more we look at time the more crisis we find ourselves in.

Predictions may all know the global crisis that began with America known as a superpower,
continues to spread to Europe, Asia and many other countries.
Therefore it also affects crptocurrency and also some markets. Concern arises that could make the world economy experience stagflation.

I think such sort of threads should be banned. How can someone think about global financial crisis right now? There are no such big financial crises. Countries are flourishing towards success and they are taking all third and second world countries along with them. No such hard games are being played and everything is just normal. We are only making hype here through such damn threads.

Every country experience the global financial crisis even the richest country encountered this problem, but they easily recover cos their governments takes action from this, in our country we always encountered this problem but our government took this problem sames as what happened in crypto today we continue struggling and waiting for the price to come up...

Oh that’s nice, but who are you and how are you able to know that there will be a global crisis from sitting in your house? And when did you now know better than the experts in the field. If your mind tells you that, then tell it it’s wrong cause that’s not happening.

I believe that the world has ways of avoid such. And there are some countries experiencing heavy financial problems this time around, but I have their government to be blamed since they don’t do whet they are meant to do, they only care for themselves.

Well, if that's ever going to happen, then so be it. At least you have your cryptos in your wallet in tact because a global crisis will never be permanent too. Once it recovers, i believe cryptos will also rise up high.