New recession is around the corner - page 3.

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Quote from: okala on May 03, 2019, 08:22:54 AM

Quote from: LeGaulois on May 03, 2019, 07:04:14 AM

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.

Recession in the USA 2020 that is a great coincidence and by that same time bitcoin halving will be taking place were a lot of new development in the bitcoin network, which will lead to bitcoin being able to be use for micropayment with low or no fee at all, this is going to open a great door for bitcoin adoption all over the US.

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

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Quote from: LeGaulois on May 03, 2019, 07:04:14 AM

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.

I think it was Ben Bernanke that said that recessions usually occur because of a policy mistake - most often a combination of the Fed hiking interest rates too much and regulators ignoring problems building up in the financial sector.

It looks like Jerome Powell has hit the sweet spot as far as interest rates go. He is still doing Quantitative Tightening. And he's trying to jawbone the corporate sector into deleveraging. If he is successful, then the expansion may last another four years. It's all to play for.

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Quote from: LeGaulois on May 03, 2019, 07:04:14 AM

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.

Recession in the USA 2020 that is a great coincidence and by that same time bitcoin halving will be taking place were a lot of new development in the bitcoin network, which will lead to bitcoin being able to be use for micropayment with low or no fee at all, this is going to open a great door for bitcoin adoption all over the US.

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Quote from: MarcusGates on May 02, 2019, 05:43:06 AM

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.

Your correlation is partially right. But all these movie organizations didn't necessarily rely on bank loans in order to fund their projects. They were already successful and profitable. I Believe that the sign of the next economic crisis is the fact that we undergo a long period of economic growth will low interest rates and this usually blows the recession.

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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.

MarcusGates

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Quote from: justspare on May 03, 2019, 01:57:16 AM

Your starting was great but the end was not good because you didn’t tell us how we can relate this article to cryptocurrency or bitcoin. What those people have done will end up even benefiting them more, they would have succeeded in cutting sot and still make the money they have been asking before.

Now that recession is approaching, any wise person will save towards it too and cut down all cost, also take advantage of the cryptocurrency market to invest and make money before the recession because one thing I am very certain of is that we will see the next bull run before the recession. So in preparation for the recession, bitcoin investment will also play its own part in making it easier for us.

Cryptocurrency is now a part of the financial ecosystem, it applies to it as well.
I don't think the Bitcoin or crypto will be a safe haven if the recession hits. When you are in need of money and survival is at stake, you cash out your money from wherever you can, but.... only 1% of theworlds population uses crypto, so the impact won't even be that big.

If the fiat currency survives this next recession, Bitcoin will indeed be a great store of value and safe haven like gold/silver etc...

But if fiat collapses, then Bitcoin and cryptocurrencies will take over and there probably will be a lot of panic and confusion in people transferring to crypto and adopting it.
There needs to be a smooth transition from fiat to crypto and that is what I think governments are planning

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At first my first thoughts about your thread was that it was wrong to use the movie and series endings as a example, but the more I think about it, you might be onto something. The global economy are struggling and that includes the movie industry. The poor ending is not really about "money" but more about the hype and anticipation that was built by the producers of these productions.

If on the other hand, you used ticket sales statistics as an example, then I would have agreed with you. Wink

justspare

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Your starting was great but the end was not good because you didn’t tell us how we can relate this article to cryptocurrency or bitcoin. What those people have done will end up even benefiting them more, they would have succeeded in cutting sot and still make the money they have been asking before.

Now that recession is approaching, any wise person will save towards it too and cut down all cost, also take advantage of the cryptocurrency market to invest and make money before the recession because one thing I am very certain of is that we will see the next bull run before the recession. So in preparation for the recession, bitcoin investment will also play its own part in making it easier for us.

DigitalCyberius

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I think your conclusion is probably correct, but I think your evidence is severely flawed Cheesy

I don't think the recent big movies are bad because they're pinching their budgets (maybe?), at least as with the case of Star Wars, I think it's because somewhere down the line, they've conceded to the left's ideology, feminism, so-called "social justice" (which is anything but), etc, and they just ruined it because they could. Why did Gelette men's razers hire a hardcore feminist to run a propaganda piece against men? It's trendy, it's part of the agenda. It's stupid, a financial & PR disaster, but part of the left's agenda.

As to a recession, some believe it will be a collapse of fiat, largely due to the eventual collapse of the Petro Dollar, which will be felt globally. Mike Maloney, of goldsilver.com talks about that. Johnathan Cahn also talks about these cycles that happen.

Have a good day,
The Cyberius team

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Quote from: MarcusGates on May 02, 2019, 05:43:06 AM

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.

Seriously? I mean, not because of such things like that, maybe the productions really didn't pay attention and the outcome result did not pass
your standards, but in some sense it's still entertained those who really love following this series, maybe we are also speculative on this matter
in terms of recessions but hopefully it will not be that much and still workable for all the people around.

jakelyson

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Quote from: MarcusGates on May 02, 2019, 05:43:06 AM

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 is very decent to me.
Game of Thrones still has 3 episodes to redeem themselves.

If I start to see movies how Blair witch project is done it, $60K budget making $248 Million, that is when I will know the recession is really due.

hatshepsut93

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Quote from: MarcusGates on May 02, 2019, 05:43:06 AM

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.

Lol this is just funny, who would have thought that you can make macroeconomic predictions based on movies and tv shows.

Seriously though, people have been telling that a new global economic crisis is coming for many years already, and it's still not here. You really can't predict it, maybe it will happen this year, maybe in 10 years, no one knows. There's no clear and predictable mechanism for it. Also, it's unclear if it will be good for Bitcoin or not, Bitcoin is still a risky investment, and people might want something stable during hard times.

Febo

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Quote from: MarcusGates on May 02, 2019, 05:43:06 AM

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.

I guess you are right. Recession is planed to be so huge as Earth never seen but considering your examples will be probably a totally weak recessions. We will not even know it happened and we will be so disappointed at its performance.

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Quote from: sheenshane on May 02, 2019, 01:56:51 PM

I guess it is actually a strategy. Sometimes, to make people stay connected and interested in your stuff you have to make them feel hanging, suspending and disappointed. You have to make them feel that they need to come back to you to satisfy their disappointment.

I hope you'll get my point but in my personal opinion, I was actually a victim of this kind of strategy. Every time I encounter a great movie, since they are great and very popular they must make sure to take advantage of it in such ways. For their audience to come back with their next production and movie, they have to make the audience disappointed, dissatisfied and hanging because they are too attached with the characters that they would like to witness the characters successful.

I guess it's hard to make a satisfying endings.

I remember Lost had such a great storyline and engaged characters. The ending was very disappointing and confusing for everyone.
It might just be that great stories are hard to explain with good endings.

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I guess it is actually a strategy. Sometimes, to make people stay connected and interested in your stuff you have to make them feel hanging, suspending and disappointed. You have to make them feel that they need to come back to you to satisfy their disappointment.

I hope you'll get my point but in my personal opinion, I was actually a victim of this kind of strategy. Every time I encounter a great movie, since they are great and very popular they must make sure to take advantage of it in such ways. For their audience to come back with their next production and movie, they have to make the audience disappointed, dissatisfied and hanging because they are too attached with the characters that they would like to witness the characters successful.

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Quote from: MarcusGates on May 02, 2019, 05:43:06 AM

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.

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! Too bad we didn't get to see Antman killing Thanos by.. you know how Wink

. I won't deny, the last episode which was the most hyped episode actually turned out to be disappointing. The overall build was good until the end of the episode.
Jokes aside, I think we already passed that expected recession were the price reached the point below $3,400. We can't expect some stead price rise now.

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Quote from: Theb on May 02, 2019, 01:15:34 PM

The last time I check the real reason for the next great recession would be coming from the banking industry again. They are doing their own version of the "Chinese Money Trap" in which they let promising startup companies borrow money in which they know they can never pay back, letting the company reach to default making them to take over on their assets which is their true objective. If a certain industry (or industries) collapse it's because of these greedy banks wanting to take control a great portion of the economy.

banks create money our of thin air and it has no value to them. Assets which you created for them have value.
Damn man, that is a scary though.

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The last time I check the real reason for the next great recession would be coming from the banking industry again. They are doing their own version of the "Chinese Money Trap" in which they let promising startup companies borrow money in which they know they can never pay back, letting the company reach to default making them to take over on their assets which is their true objective. If a certain industry (or industries) collapse it's because of these greedy banks wanting to take control a great portion of the economy.

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Quote from: MarcusGates on May 02, 2019, 05:43:06 AM

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Star Wars will probably be disappointing as well.

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

You are wrong about the film industry. While some argue that Star Wars was spoiled the moment Lukas made that deal with Disney, the "Avengers" are actually extremely successful. Not only this film already broke a lot of records related to the box-office but it also received very high grades both from critics and from the audience on various top websites.
At the same time, though, you are probably right about the economic crisis coming soon. I think it will happen somewhere between 2019 and 2020. And I believe the reasons for the crisis were noted by dothebeats quite nicely. We don't know what will be the impact of future events, especially on the cryptocurrency market. It might go down with everything else, but it also has a chance of saving the world economy by providing a solid non-fiat approach.

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Quote from: BosnianCrypto Lover on May 02, 2019, 05:53:52 AM

Even tho I laughed at first, now when I think about it you are totaly right. It makes sense

It is not even making sense but probably it might be worse than that from 2008-2009, how cryptocurrency market will be look like? I don't know.

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