Topic: Recession in the Economy - page 5. (Read 2009 times)
In times of recession and economic crash one of the best national and international practice any country can adopt is to inject more capital into that crashing economy to boost investment and business activities and bitcoin is a good source of raising capital to reinvest in an economy. my country Nigeria is a beneficiary of bitcoin in this time of recession.
Watching the economy graph, I appreciate when the line is a little bit straight than seeing it dropping to the point it shoudn't, Bitcoin helps a lot of people and company strengthening their income growth, and I hope this continue to help also more people that are just new to Bitcoin as well.e
If the economy falls back again and another depression will take place, a lot of people might be out of jobs again and turn to look for work off shore or better yet, will try to make their own business, but since there is an inflation, interest ratrs might go up just to compensate for what is lacking, and therr is no doubt that people will get even more curious on looking for ways on how to create their own money or make a living, there is a high chance people will try to invest on crypto currency, but before they do they must know the proc and cons of having one, because if everyone is into crypto currency, and there has been a FUD coming from prominent figures there is a high chance of doubti g their investments and once therr has been a proven scandal or someone taking their money, since there is a down fall of the market and doubt in crypto currency, the reality in Venezuela may become a reality for all of us or even worst a pandemonium since most are stuck in the mind set of working for money, and once there miney is of no value, they might just steal, just like what is happening in some parts of the world.
Bitcoin will be the top choice right now when the economy slumps as in other respects bitcoin has helped companies to increase revenue and even increase their production so bitcoin will be a secondary advantage when the economy is deteriorating.
The 2-year yield remains relatively strong as markets still expect the Fed to send at least two interest rate increases in the remainder of the year, long-term inflation is at a six-month low.
Short-term bonds are known to offer lower yields, while long-term bonds usually offer higher yields. it all depends on those who get about the offer.
If the economic downturn occurs, I think there will be many people who come to bitcoin because bitcoin also plays a small role for companies to raise capital to continue their production and business activities, reducing the burden on banks. row
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
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