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Topic: Putin warns of financial crisis the world ‘has not yet seen’ - page 2. (Read 1132 times)

full member
Activity: 2142
Merit: 183
It seems that people do not follow all that is happening in the world and therefore do not objectively assess the current situation on the world stage of events.  For me it’s not at all clear why many expect a war between the USA and China.  If you look at what kind of policies Russia is pursuing, it is likely that Putin will fight the United States or even the whole world.
I do not think that Putin will have the strength to fight not only with the whole world, but even with the United States. Because of the bet not even on strength, but simply on rash weapon rattling and simply arrogant robber behavior in the international arena, even in Russia itself, its popularity rating has recently fallen very sharply and protests are spreading in the country, which translate into open mass demonstrations in Moscow and Petersburg. It seems that soon this regime will fall and many will then predict the split of Russia into separate parts.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
It was almost 10 months since the thread stating the financial crisis mentioned by putin. Large number of Russian people can be seen around using cryptocurrencies. It has won the hearts of millions of people, and what putin says indirectly gets related to the corruption. In each and every country there will be corruption, and by the next crisis I believe people will find it hard to cultivate and get food. Financial crisis has been felt all around the world, but they never show to the outer world.
In his speech, Putin complained more that the world community unilaterally, that is, without his consent, was applying private sanctions to Russia and its influential officials in private. In my opinion, the global economic crisis will not come from this. But for Russia and its current reckless government with its gangster foreign policy, the economic crisis may come soon. It is necessary to comply with international rules, and not systematically violate them, then there will be no crisis in the country.
Now I know that most of ICO have not agreed to have Russian investor because Russia has a conflict regarding with cryptocurrency. Though Russia is a powerful country all over the world because of its industrialization, it suffers  from economic crisis. I don't want to blame reckless of the government because crises happen in almost all countries in the world. And we cannot stop it but we should bear in our mind that cryptocurrency is not the reason of it.
member
Activity: 515
Merit: 12
The edge makes people evolve, same happened with the last financial crysis, it was a healthy financial lesson. Certain things cannot be avoided because we are greedy when it comes to money, we would do many things to gain wealth and comfort. The question is nor how to avoid the next financial crysis, but how to survive it, what countermeasures can be taken??
newbie
Activity: 177
Merit: 0
I am also questioning the economic crisis in the coming years. when China is in serious recession. Their currencies are declining very strongly in recent days, food has also been significantly reduced due to currency devaluation.
Will the war between the US and China lead to other countries suffering from recession?

I think all major economies will be affected. US cut rates, New Zealand did too, Europe is preparing for a cut. Government yields in Europe become negative. The economy is about to recess. I wonder how crypto will act, now I see Bitcoin is rising amid the unknown outcome.
full member
Activity: 567
Merit: 148
A difficult economic situation has really developed in Russia, but not only in Russia but throughout the world military tension is growing. Therefore, it is not surprising that in the near future a global financial crisis may occur. This may be the start for the adoption of Bitcoin as a global digital currency and then the entire cryptocurrency industry will receive an impetus for development and growth. But this is just my guess and no one knows what awaits us next.

Probably, Putin is still one of the most mystical figures on the political stage, and he understands the economy well. His predictions should not be ignored, and as I see, this man is right. Every year, economics in many countries become even worse. Cryptocurrencies can decide a part of these problems, and they should be finally accepted by governments.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
I am also questioning the economic crisis in the coming years. when China is in serious recession. Their currencies are declining very strongly in recent days, food has also been significantly reduced due to currency devaluation.
Will the war between the US and China lead to other countries suffering from recession?
hero member
Activity: 1190
Merit: 541
A difficult economic situation has really developed in Russia, but not only in Russia but throughout the world military tension is growing. Therefore, it is not surprising that in the near future a global financial crisis may occur. This may be the start for the adoption of Bitcoin as a global digital currency and then the entire cryptocurrency industry will receive an impetus for development and growth. But this is just my guess and no one knows what awaits us next.
I personally do not see any global financial crisis coming, all the countries of the world cannot make mistake at the same time, or refuse to safeguard their economy at the same time. Could have some country that would go into crisis, but before another country experiences it, they would have totally recovered, which is why I doubt if we can ever have any crisis again that will be global.

The world has really advanced now, and technological wise, we are not same as we use to be, so the more we advance, the more our ideas about things and how to guide against it too developed. If we believe that bitcoin can help a country’s financial status, we can see that we have some countries that have already adopted it, so do you still expect crisis from their end? You can now see why I said the possibility of having global crisis is limited.
sr. member
Activity: 2352
Merit: 245
It seems to me that Putin is right. Moreover, I think that a crisis is inevitable if what is happening now continues (I mean in terms of the economy in all countries). We need some kind of new or changed economic system if we want that we aren't be without everything in one moment  Sad Sad
If Putin does not stop in his ambitions to create his own empire and through military aggression and the annexation of the territories of neighboring states by force of force, then there will be not only a global economic crisis. We can already observe the new real round of the arms race that has begun, which arose precisely because of Russia's aggressive military policy. Moreover, there is also a real threat of the third world war. If someone still has not understood this, then it would be time to realize this and think about it, otherwise it will be too late.
newbie
Activity: 19
Merit: 0
I agree that it will come a huge economic crisis due to quantative easing and states issuing way too much debt too be able to keep going with their socialistic agenda.
newbie
Activity: 65
Merit: 0
It seems to me that Putin is right. Moreover, I think that a crisis is inevitable if what is happening now continues (I mean in terms of the economy in all countries). We need some kind of new or changed economic system if we want that we aren't be without everything in one moment  Sad Sad
hero member
Activity: 1092
Merit: 501
His opinion should not be even mentioned.
protectionism ? Did he mean the sanction on his country which were made because of his aggression and occupation along his borders?

In case of global crisis his economy will feel it less than others because the country is already very pour and cut off from the rest of the world .
Given the fact that the US government recently strengthened sanctions against Russia in connection with the ongoing military aggression against Ukraine, the beginning of mass protests against the Putin regime in Moscow, which provoked a refusal to register opposition candidates in the Moscow city mayoral elections and growing fires in Siberia, Russia is waiting a very difficult period. Now many people even predict the collapse of this state due to the rash and criminal both domestic and foreign policies of this state. Therefore, Putin was right about the impending crisis in his country, and not in the world as a whole.

I dont view Siberia wildfires as something that ads anything to political or economical situation to their country. It can potential ad if the fire hits large oil fields or something like that. It is hard to tell if the protest is start of something bigger , they can be negative as well.
Well if we look at the previous crises, the major reason that gave birth to these crises was inefficient policies plus the geopolitical scenario and worst relations across the borders. This is what is happening in the world right now and this will ultimately give rise to the crises by affecting the productivity. The world could have been way too rich and resourceful if certain regions were at peace.
member
Activity: 560
Merit: 17
His opinion should not be even mentioned.
protectionism ? Did he mean the sanction on his country which were made because of his aggression and occupation along his borders?

In case of global crisis his economy will feel it less than others because the country is already very pour and cut off from the rest of the world .
Given the fact that the US government recently strengthened sanctions against Russia in connection with the ongoing military aggression against Ukraine, the beginning of mass protests against the Putin regime in Moscow, which provoked a refusal to register opposition candidates in the Moscow city mayoral elections and growing fires in Siberia, Russia is waiting a very difficult period. Now many people even predict the collapse of this state due to the rash and criminal both domestic and foreign policies of this state. Therefore, Putin was right about the impending crisis in his country, and not in the world as a whole.

I dont view Siberia wildfires as something that ads anything to political or economical situation to their country. It can potential ad if the fire hits large oil fields or something like that. It is hard to tell if the protest is start of something bigger , they can be negative as well.
member
Activity: 532
Merit: 18
Bitcoin lover!
A difficult economic situation has really developed in Russia, but not only in Russia but throughout the world military tension is growing. Therefore, it is not surprising that in the near future a global financial crisis may occur. This may be the start for the adoption of Bitcoin as a global digital currency and then the entire cryptocurrency industry will receive an impetus for development and growth. But this is just my guess and no one knows what awaits us next.
full member
Activity: 854
Merit: 104
His opinion should not be even mentioned.
protectionism ? Did he mean the sanction on his country which were made because of his aggression and occupation along his borders?

In case of global crisis his economy will feel it less than others because the country is already very pour and cut off from the rest of the world .
Given the fact that the US government recently strengthened sanctions against Russia in connection with the ongoing military aggression against Ukraine, the beginning of mass protests against the Putin regime in Moscow, which provoked a refusal to register opposition candidates in the Moscow city mayoral elections and growing fires in Siberia, Russia is waiting a very difficult period. Now many people even predict the collapse of this state due to the rash and criminal both domestic and foreign policies of this state. Therefore, Putin was right about the impending crisis in his country, and not in the world as a whole.
member
Activity: 560
Merit: 17
His opinion should not be even mentioned.
protectionism ? Did he mean the sanction on his country which were made because of his aggression and occupation along his borders?

In case of global crisis his economy will feel it less than others because the country is already very pour and cut off from the rest of the world .
member
Activity: 588
Merit: 11
This kind of worldwide crisis might also help to hasten up the adoption of cryptocurrencies like bitcoin. Some nations are now using bitcoin and other cryptocurrencies to avoid trade sanction by the United States. So I believe that cryptocurrencies might might be use by the people during a worldwide financial crisis that may happen in the future.
sr. member
Activity: 2352
Merit: 245
It was almost 10 months since the thread stating the financial crisis mentioned by putin. Large number of Russian people can be seen around using cryptocurrencies. It has won the hearts of millions of people, and what putin says indirectly gets related to the corruption. In each and every country there will be corruption, and by the next crisis I believe people will find it hard to cultivate and get food. Financial crisis has been felt all around the world, but they never show to the outer world.
In his speech, Putin complained more that the world community unilaterally, that is, without his consent, was applying private sanctions to Russia and its influential officials in private. In my opinion, the global economic crisis will not come from this. But for Russia and its current reckless government with its gangster foreign policy, the economic crisis may come soon. It is necessary to comply with international rules, and not systematically violate them, then there will be no crisis in the country.
legendary
Activity: 2464
Merit: 1102
I think corporations investing into crypto companies is great, corporations investing directly into bitcoin may not. You want to know the difference? During the 2017 peak times there was a lot of whales buying bitcoin and when it started to fall they were the first ones to leave, so they have caused billions of dollars sold with just couple days difference. Hence, when billionaire companies buy bitcoin it is great but they are also panic sellers because they do not want to lose millions of dollars in minutes so they sell, these are the same financial companies that sold their stocks pennies on the dollar during 2008 crisis. Hence I would rather not have them buy bitcoins.

Moreover, when they invested into crypto companies all of 2018 they powered them up very well and those companies became huge and now we have a stronger bitcoin thanks to it.
Nothing can be done to avoid these big financial individual from buying bitcoin, in fact bitcoin market is where all the sugar is to them, and they are ready to pump as much as possible into the market for them to make enough profit. I don’t care if billionaires buys bitcoin or not, all I care about is the increase it will cause to the market, and if we have any low income smart investors, the time billionaires put their money into cryptocurrency is the time that they should be fast enough to sell their investment before it crosses the mind of those big investors to quickly sell off.

This was the mistake some investors made during the last bull run, they so much played into the hands of these whales, the moment their money started pumping the market was the moment that they ought to have pulled out, but they refused.
legendary
Activity: 3318
Merit: 1128
I think corporations investing into crypto companies is great, corporations investing directly into bitcoin may not. You want to know the difference? During the 2017 peak times there was a lot of whales buying bitcoin and when it started to fall they were the first ones to leave, so they have caused billions of dollars sold with just couple days difference. Hence, when billionaire companies buy bitcoin it is great but they are also panic sellers because they do not want to lose millions of dollars in minutes so they sell, these are the same financial companies that sold their stocks pennies on the dollar during 2008 crisis. Hence I would rather not have them buy bitcoins.

Moreover, when they invested into crypto companies all of 2018 they powered them up very well and those companies became huge and now we have a stronger bitcoin thanks to it.
full member
Activity: 854
Merit: 104
The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work.
The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday.

“The system of multilateral cooperation, which took years to build, is no longer allowed to evolve. It is being broken in a very crude way. Breaking the rules is becoming the new rule,” he said. “The ability to impose sanctions arbitrarily and with no control fosters a temptation to use such restrictive tools again and again, right and left, in every case, regardless of political loyalty, talks about solidarity, past agreements and long cooperation,” he said.

https://www.rt.com/business
Just as Putin, as president of Russia, systematically violates the rules of society established by society. In the international arena, he behaves like a highwayman. It is somehow strange for me to hear that he is angry with her and that international sanctions are being imposed against Russia. Military aggression against neighboring states has never been encouraged by the world community.
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