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Topic: New recession is around the corner (Read 818 times)

full member
Activity: 658
Merit: 102
June 22, 2019, 12:59:37 PM
#75
since today the cryptocurrency market is practically led by a speculator, it will not be necessary to wait for other situations, and only that after the current rise in prices for cryptocurrency, a decline will still follow.
member
Activity: 516
Merit: 38
June 19, 2019, 03:16:46 AM
#74
Recessions will always be around the corner with the current financial system we have. The system we have is built around the fact that business always have to profit or they will bankrupt, they can't just keep it still because if they do not perform well on stock market and meet the expectations then the shareholders will their shares and the company will lose value out of nothing because some people sold their stocks even though company is doing just fine.

The stocks should be calculated based on the companies finances not based on some speculative or manipulative whales buying or selling making the company look better or worse than it is, without that fixed we will always have a need for always profiting. Since we can't technically always profit since the money we have is finite amount in the end recession will drop them all off and give them a chance to go back up again to the limit.
legendary
Activity: 2968
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 13, 2019, 02:11:06 AM
#73
Lmao. You are hilarious man. I know you are not serious, or are you  Roll Eyes? I don't think Avengers end game was disappointing. I actually liked it!
I am sure he did not watch the movie and started this thread after reading some message boards online, that is by far the funniest comparisons i have seen when it comes to recession comparing with some movie and TV productions and how they are saving their money  Cheesy.
I liked the Avengers End game and watched it in 4D IMAX. Smiley


@OP  It will be a good conspiracy theory and you can be their super star if you can post in their boards as you will get a lot of followers. Cheesy
Cutting expenses doesn’t mean that one is broke, and I don’t know what he means by low production, maybe op watched Cinema dub instead of the high definition of it, because I have seen this movie and I think they still have very solid production, they might not be as interesting as the previous one, which that cannot be blamed on production but on the movie producer.

I don’t see recession happening anytime soon that is if it will happen at all. In my country, we have had our on recession like 4 years ago and over with it, so I don’t expect any global recession again, because eachcountry as been able to tackle their immediately it shows up, which could have been what will lead to recession.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
June 11, 2019, 09:58:27 AM
#72
Do not too disappoint about Avengers End Game because you will see upcoming movies which is more good than the previous one and probably there will be another marvel heroes in the movies instead of Avengers and attempts to linked recessions world with ending movie is not too funny for me because when recession happened most people losing their jobs or going bankrupt and being poor i think everybody don't want to see it again
member
Activity: 364
Merit: 13
June 11, 2019, 09:02:26 AM
#71
This is the most ridiculous red flag in economics history ever Grin Grin Grin

I agree that recession is around the corner but the movie production is not a solid argument. There are different indicators overbought stocks , policies of national banks and many others..
legendary
Activity: 1904
Merit: 1277
June 11, 2019, 07:08:05 AM
#70
The response to the banking crisis of 10 years ago was in my opinion quite disgusting. They got bailed out and effectively got away with it, whilst causing severe damage to the economy in the process. The fixes that have been put in place to prevent recurrence are sticking plasters at best. It is the same in banking as it is throughout the commercial sector in western economies - the basic philosophy is to privatise profit and socialise risk. Frankly it's a scandal, and I see nothing to prevent it happening again. The people in charge aren't interested in what's best for the long-term. They are only ever in office for a few years, they cover over the cracks and then move off out of politics to lucrative positions in business. And then when it all collapses again, it will be someone else's fault.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
June 11, 2019, 05:48:02 AM
#69
Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.
I'm confused what does Avengers Endgame and the films you have mentioned has to do with economic recession? okay, tell us how Avengers Endgame was a disappointment?? Because you didn't like the movie and they didn't do it in a way you like?? That doesn't make any sense at all. In case you don't know, Avengers Endgame has made worldwide total of $2.713 billion and that puts it as the second highest grossing movie of all time. So don't even say that those were a disappointment and they have nothing to do with recession.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
June 11, 2019, 01:31:43 AM
#68
Lmao. You are hilarious man. I know you are not serious, or are you  Roll Eyes? I don't think Avengers end game was disappointing. I actually liked it!
I am sure he did not watch the movie and started this thread after reading some message boards online, that is by far the funniest comparisons i have seen when it comes to recession comparing with some movie and TV productions and how they are saving their money  Cheesy.
I liked the Avengers End game and watched it in 4D IMAX. Smiley


@OP  It will be a good conspiracy theory and you can be their super star if you can post in their boards as you will get a lot of followers. Cheesy
legendary
Activity: 3318
Merit: 1128
June 11, 2019, 12:50:27 AM
#67
with the recession fear we can expect crypto currency and bitcoin prices may pump every one believe crypto currency will be safe for price growth
I don’t know when recession has become something that is necessary in an economy like op said, using the word long overdue. If every government is function well and knows how to control its economy, especially that part of inflation, there might not be any global recession.

We have some countries already that are facing their own recession now and once they overcome it, it’s gone, so it may not interpret to being a global one, but anyway, if that happens, it will only favor cryptocurrency and people that will not be affected are those who already have their investment in Bitcoin. Investment in Bitcoin is very necessary, and not only for Bitcoin alone but for other benefits.
jr. member
Activity: 120
Merit: 6
June 09, 2019, 06:14:09 PM
#66
Yup I think the way trade war is going recession is not far away. Situation of many countries are not good and sanctions on different countries are restricting companies doing business.
legendary
Activity: 2730
Merit: 1288
June 09, 2019, 01:22:30 PM
#65
with the recession fear we can expect crypto currency and bitcoin prices may pump every one believe crypto currency will be safe for price growth

Yes with the recession fear. But with the actually recession we will see a lot of money left crypto and prices crash drastically.  Recession will kill all the shitcoins. Not the Bitcoin bull run or bear market or anything else. Shitcoins are stupid money and when recession hits stupid money drys out.
hero member
Activity: 3150
Merit: 937
June 09, 2019, 12:01:48 PM
#64
Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Avengers Endgame?WTF?Every superhero movie is over-hyped.Super hero movies are ads of other super hero movies.Hollywood Marketing. Grin
The recession has nothing to do with Hollywood and I think it won't be as hard as the 2007-2008 crisis.
hero member
Activity: 1414
Merit: 516
June 09, 2019, 11:16:42 AM
#63
I don't think we will have recession this year, but i think the bitcoin price will not grow so fast, only on long term we can have a new ATH for bitcoin and most people who have some % of bitcoin can take a profit.
member
Activity: 280
Merit: 15
June 09, 2019, 05:17:33 AM
#62
with the recession fear we can expect crypto currency and bitcoin prices may pump every one believe crypto currency will be safe for price growth
hero member
Activity: 3024
Merit: 651
May 15, 2019, 06:26:01 PM
#61
What?!
You are basing the financial market with movies and tv series?
What the hell?
Although I can say this is unique but one of the foolish that you could think of.
Cmon are you really serious about this?
I mean there are lot to consider out there and yet you found a hole because movies are being created and they failed your taste.
full member
Activity: 644
Merit: 100
May 15, 2019, 06:07:06 PM
#60
Your statement really represents what I think right now, many ICO projects where they managed to raise a lot of funds and even hardcap, but after they managed to get it all they only produced products that were not in line with expectations and plans. maybe this is one of the factors causing the decline in investor confidence in blockchain technology and crypto currencies.
legendary
Activity: 2170
Merit: 1427
May 10, 2019, 02:39:28 PM
#59
Now, everyone is joking about his words, but do not you remember that people, who used to believe him, rushed to buy Bitcoins selling their property? You need alway to think, using your own mind.

What people are you talking about? He actively promoted scam ICO's and people lost tens of thousands of dollars as result. If he actually made people buy Bitcoin, that would be a good deed, but nope, he wanted quick money at cost of innocent people. John McAfee is untrustworthy and doesn't deserve the "respect" people attribute to him. Guess what he will do during the next mania......  Roll Eyes

He is also close friends with Roger Ver, which doesn't surprise me one single bit. Scammers like to be surrounded by like-minded people.
full member
Activity: 546
Merit: 100
May 10, 2019, 01:32:04 PM
#58
How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

It would be nice to see how Bitcoin handles recession.I agree with what you said above. It never happened and if the banks print more money and cause inflation, Bitcoin could very well skyrocket and become the next gold.

Hopefully it would hit a price of $1M and John McAfee will not have to eat his pecker.


Bitcoin will become worth $1 million long after MacAfee with eat his words once again.

Now, everyone is joking about his words, but do not you remember that people, who used to believe him, rushed to buy Bitcoins selling their property? You need alway to think, using your own mind.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
May 08, 2019, 12:10:10 PM
#57
I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving? Tongue
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

Well, there is a Bitcoin halving every 4 years so the chances of hitting one are 25%, so rather than a coincidence it's more plausible to happen, if not this time at least twice or thrice in the next 100 years Tongue

your personal opinion is that Game Of Thrones season 8 is bad, but I can not agree with that. I think it's very good show, and that is justified the expectations of the majority - except those who expected the battle better then ones from Lord of the Rings

When the producers come up and say we're going to have a battle scene longer, better, more dramatic more...bla bla bla than Helm's Deep and you end up with that is like buying Bitcoin and realizing at home you've actually bought Shitcash.

That is exactly my point.
They know in movie industry that the next recession is coming.
They saved tons of money on production to save cash for recession by making a bad movie.
They hyped it, earned a lot of cash, left people disappointed and ended up with extra cash to prepare for recession.
So far I'm right.

Oh my god, you weren't joking, you're really believing this
How does the whole stashing cash away scenario work with the 71 BILLION $(more than the market cap of all altcoins) new acquisition made by Disney?
legendary
Activity: 3234
Merit: 5637
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May 08, 2019, 07:53:31 AM
#56
MarcusGates, your personal opinion is that Game Of Thrones season 8 is bad, but I can not agree with that. I think it's very good show, and that is justified the expectations of the majority - except those who expected the battle better then ones from Lord of the Rings. Some things could certainly be better done, but you have a option to watch or not.

Somehow it does not seem logical to compare recession with tv shows, but the truth is that all are trying to earn as much as possible, with as little investment. Next recession is maybe close, but it seems to me that it will still take another few years before that. Maybe I'm wrong but some are still recovering from 2008, and the world has probably learned something from mistakes - recession every 10 years is just too much.
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