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Topic: Global financial crisis - page 7. (Read 1459 times)

newbie
Activity: 134
Merit: 0
August 10, 2018, 04:57:55 AM
#46
Yes, in theory, there will be a financial crisis in 2018, but the hesitation of the government's early prediction and intervention of the artificially caused financial crisis will be delayed, but it will certainly occur, because the current economy is wrong, which does not guide humanity. Going to the next civilization, this can only be done with cryptocurrencies.
newbie
Activity: 34
Merit: 0
August 10, 2018, 04:53:27 AM
#45
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.Our monetary policy never change and its cause economic crisis. Right now, Bitcoin is being adopted by many businesses and many new business concepts are being innovated around bitcoins now a days. . Cryptocurrency or bitcoin offering new monetary system that can not controlled by any institution and i think its good for our economy in the future
Po
member
Activity: 644
Merit: 10
COVIR.IO
August 10, 2018, 04:22:41 AM
#44
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?

Maybe your prediction come true and maybe sooner than what you think. Crisis always happen because government careless on monetary system and there is no proper audit on central banks. Cryptocurrency or bitcoin offering new monetary system that can not controlled by any institution and i think its good for our economy in the future
member
Activity: 378
Merit: 10
August 10, 2018, 03:16:29 AM
#43
If we experiencing global financial crisis it will really affects the economic development worldwide. But let us just pray that everything will in the right truck for us to survive our daily living. As of now lets involve into cryto currency to earn profit though market is volatile just start investing in a small amount and then look forward for a big one!
member
Activity: 490
Merit: 14
August 10, 2018, 02:44:42 AM
#42
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
legendary
Activity: 1442
Merit: 1025
August 10, 2018, 02:35:44 AM
#41
I doubt if one can predict the exact year of a global financial crisis. What will happen is they will be events that will take place that will gradually lead us to a financial crisis that by the time they will be an actual crisis, we would not even need a crisis forecast to inform us. Are these events already happening? Yes, of course!
It can be predicted or anticipated. There are economist that analyze the current situation of economy. As we know that there is an economic cycle which and we can conclude where financial crisis goes on. Economic stability does not exist, it always destroy by economic disturbance. As much as possible, we should be ready of this scenario so that we can save our money. And as a citizen, knowing of economic growth is important.
Probably we are entering the stage where economic depression may end up so huge and those who are smart enough to choose the crypto world as their safe haven quickly will be the ones to escape those moments, and it is so drawing so close. You just stated the obvious fact and it is so surprising that when we keep talking about bitcoin, a lot of people with their B.S talks really do not understand that fiat system is actually the shittiest as things are.

Bitcoin is being adopted by many businesses and many new business concepts are being innovated around bitcoins now a days. When this is capable of leading into another revolution in terms of generating new employments which will be the core reason for money flow then we can expect global financial crisis will find an end.
sr. member
Activity: 368
Merit: 250
August 09, 2018, 09:07:52 PM
#40
I doubt if one can predict the exact year of a global financial crisis. What will happen is they will be events that will take place that will gradually lead us to a financial crisis that by the time they will be an actual crisis, we would not even need a crisis forecast to inform us. Are these events already happening? Yes, of course!
It can be predicted or anticipated. There are economist that analyze the current situation of economy. As we know that there is an economic cycle which and we can conclude where financial crisis goes on. Economic stability does not exist, it always destroy by economic disturbance. As much as possible, we should be ready of this scenario so that we can save our money. And as a citizen, knowing of economic growth is important.
member
Activity: 798
Merit: 10
August 09, 2018, 08:39:05 PM
#39
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?

Economic crisis always repeating because central banks always creating inflation to boost growth. Our monetary policy never change and its cause economic crisis. Right now, in several country already on crisis because america policy about interest rate and currency value drop.
hero member
Activity: 3080
Merit: 603
August 09, 2018, 05:50:18 PM
#38
I have watched the news and a country has reached its highest inflation for the past 5 years and I guess this is a hint. Everything that we are using and consuming are into bubble.
How long do you guys think we have until we face the next crisis?
I'm not good at economics but we're seeing signs and good thing that we jumped earlier to crypto's while we didn't saw this coming before.
member
Activity: 364
Merit: 41
August 09, 2018, 02:54:31 PM
#37
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.
member
Activity: 336
Merit: 11
I am no stable coin. to the mooonn.. and back
August 09, 2018, 02:41:26 PM
#36
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?

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.
newbie
Activity: 41
Merit: 0
August 09, 2018, 11:49:44 AM
#35
There could be a possibility. But hard as well to predict whether when will it happen.
newbie
Activity: 7
Merit: 0
August 09, 2018, 11:40:00 AM
#34
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?

Lucky you, my country has been on a crisis for the last 10 yrs and it did not need any school to get there.
newbie
Activity: 23
Merit: 0
August 09, 2018, 11:10:30 AM
#33
There will be a new financial crisis and it's going to be soon. In less than 10 years soon. The housing bubble of 2009 is going to repeat, as can be seen from house prices.

Also there is a car loan bubble.

So we're in double trouble!

Put your money on Bitcoin on the double.


And then there is the incoming realization that climate change has irreparably lowered our future ability to produce food on planet earth. This will be self-evident to everyone in a couple of years. At this point, most climate change deniers will act as if they knew climate change was real all along.


These 2 things happening simultaneously (financial & ecological crises) will not be good for any of us. But bitcoin, if it can scale and become more private (lightning network & CoinJoin) will be awesome to hold.

Alternatively if the lightning network isn't ready, bitcoin could go from the moon right back down to earth and in spectacular fashion.

Yeah that car loan bubble has been kind of swept under the carpet. Not one will see that one coming. I don't think it could have as bad of an effect as the subprime mortgage did in 2009, but if the two trigger together, then we'd see it even worse.

The difference now is that the banks can't bundle these loans up as AAA anymore. So there won't be as wide-reaching of an effect. But there could be something else that we didn't see coming. Maybe these loans are all tied to our individual accounts and we'll have to "bail in"
newbie
Activity: 140
Merit: 0
August 09, 2018, 10:18:19 AM
#32
Western world is in crisis since 20 years now, Within next 20,30 years they will have to hand over the global power to Aisa. specially china. so that's not big deal that we can see crisis .
newbie
Activity: 109
Merit: 0
August 09, 2018, 10:15:38 AM
#31
A worldwide period of economic difficulty experienced by markets and consumers. A global financial crisis is a difficult business environment to succeed in since potential consumers tend to reduce their purchases of goods and services until the economic situation improves.
newbie
Activity: 15
Merit: 0
August 09, 2018, 09:58:49 AM
#30
Nobody knows when the next crisis comes but it's good to have your money in different assets like gold, silver or even cryptocurrencies.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
August 09, 2018, 09:52:07 AM
#29
There will be a new financial crisis and it's going to be soon. In less than 10 years soon. The housing bubble of 2009 is going to repeat, as can be seen from house prices.

Also there is a car loan bubble.

So we're in double trouble!

Put your money on Bitcoin on the double.


And then there is the incoming realization that climate change has irreparably lowered our future ability to produce food on planet earth. This will be self-evident to everyone in a couple of years. At this point, most climate change deniers will act as if they knew climate change was real all along.


These 2 things happening simultaneously (financial & ecological crises) will not be good for any of us. But bitcoin, if it can scale and become more private (lightning network & CoinJoin) will be awesome to hold.

Alternatively if the lightning network isn't ready, bitcoin could go from the moon right back down to earth and in spectacular fashion.
full member
Activity: 231
Merit: 102
August 09, 2018, 09:17:52 AM
#28
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.
jr. member
Activity: 81
Merit: 1
August 09, 2018, 08:00:51 AM
#27
If you know how the world works, our great leaders will do all they can to keep the economy going, even if it means sacrificing some of the population. What revives the economy? War. It helped Germany when it was in a crisis, it gave people a purpose. The pattern is always the same:
1. find a scapegoat (the Jews, the Vietnamese, the Iraqis)
2. use the media to set people against them and justify military action
3. attack and watch the industry kick in
4. steal what you can from the country
5. count the profits.

I'd say with the current age of information it's way more difficult to find a scapegoat unless it's something like DRPK. I hope people would become way more pacifist someday.

As for keeping the economy going, unfortunately govts would probably bail out most banks, but that still means we'd be in for a major shakeout. Just look at how small of a spark globally was the american market in 2k8, i think with how much debt we've amassed, the crisis is inevitable and it's going to be sooner than most project.
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