Topic: Global financial crisis - page 6. (Read 1459 times)
Everybody thinks about the crisis but actually anybody does not know when it will happen. Somebody says that crisis will begin at the end of this year. Actually I do not know when the crisis will happen. Of course, I have already thought about the future crisis imagining the results of its affection. I think the stock market will be probably crashed. As usually in such a situation gold and silver will soar. Commodity market is unpredictable for me so I cannot imagine how the next crisis will affect on it. What about cryptocurrencies? Some part of cryptocurrencies are near their lows so I think that it is very likely that cryptocurrencies will copy the movement of gold and silver i.e. cryptocurrencies, as I think, will grow in the period of the future crisis but it does not mean that cryptocurrencies have already achieved that low values where it need to buy them
Bitcoin, being an independent asset would definitely be considered a safe haven within times of economic crisis, imo. I expect it to even outperform gold, come a hyperinflation like we're seeing in Venezuela right now. It will definitely hold its value as well during a recession, at least much better than certain currencies and properties/stocks, if those collapse as a result.
Bitcoin is not quite there, in my opinion. Most people tend to treat Bitcoin as an extremely risky asset class, not like a safe haven assets. At the sign of the slightest turmoil in financial markets, investors sell Bitcoin and move to safe haven assets. So in a recession, I would expect Bitcoin to crash as well.
I think the crisis will not last long enough. The United States is in a cold war with many countries. and China is on its way to becoming a superpower. we must not forget Northern Korea.
Today bubbles are everywhere.
It leads to inflation, which will be out of control with natural resources becoming more rare, and the world population still growing fast.
When the inflation becomes out of control, then the real crisis will come, within a few years in my opinion.
It leads to inflation, which will be out of control with natural resources becoming more rare, and the world population still growing fast.
When the inflation becomes out of control, then the real crisis will come, within a few years in my opinion.
This crisis ,the global financial will always takes place anywhere in the part of the world, maybe this happens because of inflation and deflation in a certain economy, the crypto currency has also experiencing this kind of crisis in the coin market cap.
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
I have no idea when the next economic crisis is going to come, nor what the root causes of the potential crisis is going to be, or what would happen within that crisis. All I know is that it's going to come sooner or later, and it's only a matter of time.
With a debt based system like this, it is clearly unsustainable. We've already seen a near-depression in 2008, and we could see one in the next decade (not saying that it'll happen for certain). We could even see hyperinflation happen in some more countries where the government mismanages their respective economy, that's a possibility as well in which gold and bitcoin could be seen as hedges.
Bitcoin, being an independent asset would definitely be considered a safe haven within times of economic crisis, imo. I expect it to even outperform gold, come a hyperinflation like we're seeing in Venezuela right now. It will definitely hold its value as well during a recession, at least much better than certain currencies and properties/stocks, if those collapse as a result.
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Are you really asking this here?and why need to ask something that impossible to answer?financial crisis happens when the economy drops and cant sustain the needs of people and i don't think that answer can be given literally,i guess even speculation cannot give specific answer about this
Have you read many threads here?
This one doesn't have spelling errors at least, dont expect anyone to post sharing knowledge or anything...its always stupid questions about things that everyone can only guess about.
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Are you really asking this here?and why need to ask something that impossible to answer?financial crisis happens when the economy drops and cant sustain the needs of people and i don't think that answer can be given literally,i guess even speculation cannot give specific answer about this
I'm expecting a new crisis to arise in the next 4-6 years
It wont be that long for the US.
https://www.thebalance.com/the-history-of-recessions-in-the-united-states-3306011
They are supposed to be in recession this year, it always happens around the ten year mark.
Notice how so much political noise is in the air while tariffs and trade deals get quashed...people are nervous in every country about the value of their national currencies.
America politics, the Brexit issue affecting UK and the entire EU, while China and Russia continue their usual games. It's going to be very interesting next year.
**This message has been brought to you by bitcoin - the currency people everywhere are now using**
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
You have made a good prediction for what will be happening in a few years later but I have a question relates what makes you think that we will face a global financial crisis. As we know that now that crypto or digital fiat comes as a new trend and it is improving very fast. And I do not think that it will be happen. That is just a bad dream.
If the U.S.A. goes to war with North Korea — and thus brings in China, Russia, and even NATO — the bubble will pop.
If banks pull another “Too-big-to-fail” maneuver and the government must bail them out — which will lead to another global recession — the bubble will pop.
If Yellowstone erupts and blankets half the U.S. in ash, or if a truly worldwide cataclysm occurs to sink our economies — the bubble will pop
But I’m not.
There is another bubble growing right now — a bubble ready to pop. It’s a global one, affecting people from developed and underdeveloped countries around the world. When it pops — Bitcoin will change forever.
I’m talking about the: “Bitcoin is a bubble” idea.
It may sound silly but bear with me. All around the world we hear reports from big banks, financial guru’s, government figures, and more so-called financial experts. They keep saying Bitcoin is in a bubble. They say this with so much conviction, and on so many news networks, that people believe them.
The higher Bitcoin’s price rises — the more they believe it’s a bubble. But the price of bitcoin — keeps rising.
These ‘financial guru’s’ are left clueless. Why does the price keep rising? Why doesn’t it just pop already?
If banks pull another “Too-big-to-fail” maneuver and the government must bail them out — which will lead to another global recession — the bubble will pop.
If Yellowstone erupts and blankets half the U.S. in ash, or if a truly worldwide cataclysm occurs to sink our economies — the bubble will pop
But I’m not.
There is another bubble growing right now — a bubble ready to pop. It’s a global one, affecting people from developed and underdeveloped countries around the world. When it pops — Bitcoin will change forever.
I’m talking about the: “Bitcoin is a bubble” idea.
It may sound silly but bear with me. All around the world we hear reports from big banks, financial guru’s, government figures, and more so-called financial experts. They keep saying Bitcoin is in a bubble. They say this with so much conviction, and on so many news networks, that people believe them.
The higher Bitcoin’s price rises — the more they believe it’s a bubble. But the price of bitcoin — keeps rising.
These ‘financial guru’s’ are left clueless. Why does the price keep rising? Why doesn’t it just pop already?
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Many things even down particularly to my country and city economy are showing that all the world is heading for word something important in the Economic sphere and it is not certainly will be positive for us.Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Everything is possible. But I want to believe that banks and governments at first place have learned from they're past mistakes. I am more afraid of trade wars betwean some countries which could go global. We see that sanctions are being used as a political metod. All this China-US , than US-EU-Iran, US-EU-Russia things, could reach point of no return.
You really believe there was a lesson to be learned in 2K8? If any I think it was something along the lines of "we are too big to fall so let's rock in to oblivion".
All the banks got was that profits are private but losses get socialized. It will happen again because they are getting incentivised.
-snip-
The housing bubble of 2009 is going to repeat, as can be seen from house prices.
Also there is a car loan bubble.
There is also wind-farms bubble on the horizon...The housing bubble of 2009 is going to repeat, as can be seen from house prices.
Also there is a car loan bubble.
Things look grim. Embrace.
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Only time can prove the Gobal financial crisis because some cycle says that we are already in the gobal crisis period and we would see a global crisis soon and some say it will be come in next 2 years, but i don't think it is to come in coming 4 years of time span in all over the world. Unites states might be in little bit of panic moe but other countries like India, japan are experiencing their best economical market conditions righ now and its going to continue for another few years.
Japan is experiencing their best economic market conditions? In whose dream? Spending is so low in Japan that they are experimenting with negative interest rates to entice people to buy things. That means you actually lose money you keep in your bank account! As if banks weren't criminal enough already!
Japan has been in a spiral of deflation for that past few years now and is starting to get desperate. Rumor has it they were even thinking of trying helicopter money, which is basically dumping free money on the entire country in hopes that someone will spend it. In the past this has only managed to cause inflation to skyrocket out of control. Good luck Japan.
I don't think anyone can predict the questions that you ask because everyone Dislike the crisis and everyone or experts in his field will try his best to overcome the problem
The global financial crisis will have a very broad impact, especially poor countries that feel it most. Because developed countries as the drivers of the world economy are the biggest markets, when their domestic economy experiences problems, the whole world also collapses. The financial crisis is closely related to national stability which can have an impact on the money market, so investors will take a stand to invest or withdraw their capital.
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
I'll be honest I can't believe we have not had a complete collapse already. The ability of the economies of the world to sustain the out of control governments is truly mind bending. The debt that is being sustained is truly amazing. It wont be much longer.
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Many things even down particularly to my country and city economy are showing that all the world is heading for word something important in the Economic sphere and it is not certainly will be positive for us. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
Stocks are overpriced in relation to their cost and earnings, it looks like there will be a very large collapse soon. There is a lot of speculation that this crash will be much large than the one back in 2008.
This along with car loan bubble might be the main triggers of this crisis. We need cleansing from terrible investments.
Economy always repeats itself. I personally bored of this. I guess world needs a 1 more non-natural selection, like a WW.
There re many feeder throat, limited resources. World is dying. And its our luck, 14 billion years old world, and we choose to live in these times.
There re many feeder throat, limited resources. World is dying. And its our luck, 14 billion years old world, and we choose to live in these times.
I don’t think anyone can exactly predict a financial crisis but you can see the signs coming. For this post I am looking specifically at the US and issues I see there. I follow the belief of “ when America sneezes the rest of the world gets a cold”.
I am in agreement that there will be issues in the next 5-10 years. You could say there always is. I am particularly concerned about a few specific elements. Interest rates, debt and Trump. There are loads more but I see these ones as having particular significance to the Atlantic side of things.
Interest rates. How anyone can look at the current financial system and say oh ya 20 years of nearly 0% interest rates is a a healthy system, is beyond me.
Think of it another way. Over the last 20ish years every government and bank has tried to just print money and keep rates low to kick start their economy( or keep it afloat). They are printing and giving away free money and there is still literally pathetic economic growth out of all this. All economies have progressed some way or another but the free money of the last 20 years has not helped anyone ( other than the people who manage debt). .
I hear so many people moan about their mortgage interest rates and they are at 2.5%. UK
These people haven’t even looked at what their payment would be if interest rates hit 5-8%. No point in looking really I suppose. Currently the central bank rate is .75%(BOE) and the banks top it up to 2.5ish for their beloved customers.
In the 80s my parents had a mortgage and the rate was 20%. House prices didn’t go up coz people couldn’t afford the repayments. I’m not saying it will hit 20% Again, but it has before, just before it went to these nominal figures..
This credit bubble has done wonders for the housing market but I don’t believe the credit bubble is sustainable. Hence either is the housing market. Young people can’t afford the prices and people can’t pay off the debt they currently have. Options are prices go down, wages go up or a smaller percentages of the population owns property and everyone rents off them.
Debt
When you look at American college debt(1.2 trillion), overall debt etc etc, I think it is actually way worse than 2008 in numbers and banks being reckless. Simply because the 2008 debt was never paid off.. people just agreed to extend the payment process. No one paid off the crazy debt they owed. They just got more debt to pay the original debt. See where this is going? It’s been swept under rug. No one learnt a lesson from 2008. People say they did but their actions make it clear they didn’t.
That’s not even including the whole Europe / brexit / Chinacrash/trade war/ issues.
Whilst trade wars and the rest are global issues they are new issues. The real crash will happen when the underlying system that these wars sit on top of fail. I.e the credit system that all trade is dependent on.
So in summary—— low interest rates will come back to haunt everything ( some day)
Debt— funded by this craze will then go on unpaid.- have a look at US student loan debt for some random figures of impending not paying that back debt. (Some day)
Trump— he Will de reg everything to allow as much money to flow as possible, anywhere, his pockets, American pockets, wherever ( as long as some flows through his). (Happening right now) This will keep happening until he leaves ( 2024 is looking very likely, sadly).
So there are problems, which in many ways I don’t mind. There are always problems and good leaders help solve them or just reduce the risk. You can’t solve evrything.
But as for Trump, he can’t solve anything.. he will only make it worse and intentionally worse at that.
The Trump Dystopia factor:
If you want to take trumps historical actions into this, it seems almost scripted.
Trump buys it ( in this case wins it) ( look at Atlantic city)
He takes what can out of it ( publicity, fame, money, gravitas)It doesn’t do well as he isn’t a good business man or leader,, but check his history in relation to businesses failing, , bad market, bad people , fake news or whatever caused it.
He just files for bankruptcy and fucks off. Or agrees to a licensing deal.
a crisis happening with Trump at the helm will be the mother of all considering the fundamentals and him. If he gets a second term ( which looks likely bar impeachment ( what a crazy sentence)) then hold your hat for 2023/24.. everything will be deregulated for a short term bump so no one will know. Until the person comes along.
I genuinely feel like I should write a joke here but when I read the above back, I don’t think I can top it.
I am in agreement that there will be issues in the next 5-10 years. You could say there always is. I am particularly concerned about a few specific elements. Interest rates, debt and Trump. There are loads more but I see these ones as having particular significance to the Atlantic side of things.
Interest rates. How anyone can look at the current financial system and say oh ya 20 years of nearly 0% interest rates is a a healthy system, is beyond me.
Think of it another way. Over the last 20ish years every government and bank has tried to just print money and keep rates low to kick start their economy( or keep it afloat). They are printing and giving away free money and there is still literally pathetic economic growth out of all this. All economies have progressed some way or another but the free money of the last 20 years has not helped anyone ( other than the people who manage debt). .
I hear so many people moan about their mortgage interest rates and they are at 2.5%. UK
These people haven’t even looked at what their payment would be if interest rates hit 5-8%. No point in looking really I suppose. Currently the central bank rate is .75%(BOE) and the banks top it up to 2.5ish for their beloved customers.
In the 80s my parents had a mortgage and the rate was 20%. House prices didn’t go up coz people couldn’t afford the repayments. I’m not saying it will hit 20% Again, but it has before, just before it went to these nominal figures..
This credit bubble has done wonders for the housing market but I don’t believe the credit bubble is sustainable. Hence either is the housing market. Young people can’t afford the prices and people can’t pay off the debt they currently have. Options are prices go down, wages go up or a smaller percentages of the population owns property and everyone rents off them.
Debt
When you look at American college debt(1.2 trillion), overall debt etc etc, I think it is actually way worse than 2008 in numbers and banks being reckless. Simply because the 2008 debt was never paid off.. people just agreed to extend the payment process. No one paid off the crazy debt they owed. They just got more debt to pay the original debt. See where this is going? It’s been swept under rug. No one learnt a lesson from 2008. People say they did but their actions make it clear they didn’t.
That’s not even including the whole Europe / brexit / Chinacrash/trade war/ issues.
Whilst trade wars and the rest are global issues they are new issues. The real crash will happen when the underlying system that these wars sit on top of fail. I.e the credit system that all trade is dependent on.
So in summary—— low interest rates will come back to haunt everything ( some day)
Debt— funded by this craze will then go on unpaid.- have a look at US student loan debt for some random figures of impending not paying that back debt. (Some day)
Trump— he Will de reg everything to allow as much money to flow as possible, anywhere, his pockets, American pockets, wherever ( as long as some flows through his). (Happening right now) This will keep happening until he leaves ( 2024 is looking very likely, sadly).
So there are problems, which in many ways I don’t mind. There are always problems and good leaders help solve them or just reduce the risk. You can’t solve evrything.
But as for Trump, he can’t solve anything.. he will only make it worse and intentionally worse at that.
The Trump Dystopia factor:
If you want to take trumps historical actions into this, it seems almost scripted.
Trump buys it ( in this case wins it) ( look at Atlantic city)
He takes what can out of it ( publicity, fame, money, gravitas)It doesn’t do well as he isn’t a good business man or leader,, but check his history in relation to businesses failing, , bad market, bad people , fake news or whatever caused it.
He just files for bankruptcy and fucks off. Or agrees to a licensing deal.
a crisis happening with Trump at the helm will be the mother of all considering the fundamentals and him. If he gets a second term ( which looks likely bar impeachment ( what a crazy sentence)) then hold your hat for 2023/24.. everything will be deregulated for a short term bump so no one will know. Until the person comes along.
I genuinely feel like I should write a joke here but when I read the above back, I don’t think I can top it.
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