Will the world Economy Collapse this year? - page 2.

groll

sr. member

Activity: 336

Merit: 250

Quote from: isildur1 on April 11, 2016, 07:03:04 PM

how legitimate are channels like this: https://www.youtube.com/watch?v=Ext9G4wr9EU in the information they presents correct? Or are they just people who are trying to manipulate others into buying gold.

Having said that the world economy will collapse this year is a fuss, theres no need to pay attention to it. If economy will go down what use is buying gold if economy will be down on its feet since nobody are going to buy your gold anymore in the stock market. If economic doom will occur soon then only local investment will thrive, international investment is no longer a good option.

Xester

hero member

Activity: 994

Merit: 544

Quote from: isildur1 on April 11, 2016, 07:03:04 PM

how legitimate are channels like this: https://www.youtube.com/watch?v=Ext9G4wr9EU in the information they presents correct? Or are they just people who are trying to manipulate others into buying gold.

Those are just speculation and theories, They are possible situations that may occur but there is no one hundred percent guarantee that it will happen. But do not worry over such matter if many people will believe it will just lead to panic selling and buying. The government and the financial world will not allow such things to happen. If that is going to happen they will surely find some means to stop it or to lessen the impact.

mindrust

legendary

Activity: 3276

Merit: 2442

Deutsche bank is at all time low at the moment. The word is out, they'll go bankrupt probably.

Brexit did a incredible damage to both euro and especially gbp. While it looks like USD is the only safe currency, it is not. They have their own problems. China and Russia is a big threat.

Gold will be the new king in the near future. (not bank gold, real gold which you can hold in your hands)

davis196

hero member

Activity: 3164

Merit: 937

Quote from: isildur1 on April 11, 2016, 07:03:04 PM

how legitimate are channels like this: https://www.youtube.com/watch?v=Ext9G4wr9EU in the information they presents correct? Or are they just people who are trying to manipulate others into buying gold.

Some players just "sell" panic to get huge profits.

The world economy isn`t recovering very well and there might be a new crysis,but i wouldn`t say

"collapse".

martinacar

sr. member

Activity: 462

Merit: 250

Quote from: Altynbekova on July 07, 2016, 08:54:34 AM

I do not believe that the world economy is going to collapse this year because if it was going to happen then we would have seen some signs.
Like it being on the news and that never happened so that means that nothing is going to happen.

Yeah it is not going to happen because we would already have sen some signs of it happening and nothing is happening.
I never think that it is going to happen because a answer for those things are always there.

bitcoinisfurture

hero member

Activity: 700

Merit: 500

OP - It will collapse this year sell everything you have, even your country currency will not have nay value. So what you will do then Tongue

Done believe in anything and everything.

Jmild1

full member

Activity: 210

Merit: 100

Quote from: hermanhs09 on July 07, 2016, 05:19:55 AM

Quote from: Chrismeister on June 22, 2016, 03:46:15 AM

Lol this is s realy strange question why would you think that the economy will collapse this year we already raeched that a couple years ago now it is going great.

It depends on the country you are thinking.
Many people already predicted crisis in eu countries,and america.
Some of this aren't true of course but we can really get crisis in some eu countries cause of UK leaving.
Everything can happen.

That's right. And the inflation on EU is really going higher than what they expect, it makes their economy into dangerous and high chance to collapse.

Altynbekova

sr. member

Activity: 476

Merit: 250

I do not believe that the world economy is going to collapse this year because if it was going to happen then we would have seen some signs.
Like it being on the news and that never happened so that means that nothing is going to happen.

expert4knowledge

hero member

Activity: 826

Merit: 1000

The All-in-One Cryptocurrency Exchange

Quote from: HeroCat on July 07, 2016, 08:20:52 AM

World economy can not collapse, it is not possible. Even one country economy can not collapse, because there are central banks in each country, which supervise all local banks, so if banks are working, economy can not collapse. Wink

But it seems that your definition from word collapse differs from others definitions since we had a collapse in 2008.

Pab

legendary

Activity: 1862

Merit: 1012

looks like crisis like in 2008 is on horison.Italian banks are holding 360bln euro of unpaid credits
It is much more than in 2008,that 360mln euro is only Italy,add more EU banks and you will see one of many reasons for crash

HeroCat

hero member

Activity: 658

Merit: 500

World economy can not collapse, it is not possible. Even one country economy can not collapse, because there are central banks in each country, which supervise all local banks, so if banks are working, economy can not collapse. Wink

expert4knowledge

hero member

Activity: 826

Merit: 1000

The All-in-One Cryptocurrency Exchange

Quote from: 7788bitcoin on April 11, 2016, 08:24:17 PM

No one will know when the market is going to collapse... if anyone knows it, the market would have already collapse.

It shouldn't be this year -as everyone will be busy and focus on the US Presidential election this year!

Yes it may not easily collapse this year and I do not think we see a collapse in the next few coming years by reviewing previous collapses.

hermanhs09

hero member

Activity: 574

Merit: 500

Quote from: Chrismeister on June 22, 2016, 03:46:15 AM

Lol this is s realy strange question why would you think that the economy will collapse this year we already raeched that a couple years ago now it is going great.

It depends on the country you are thinking.
Many people already predicted crisis in eu countries,and america.
Some of this aren't true of course but we can really get crisis in some eu countries cause of UK leaving.
Everything can happen.

noormcs5

hero member

Activity: 2814

Merit: 618

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: escrowboy on June 22, 2016, 10:18:28 AM

Quote from: thejaytiesto on May 08, 2016, 11:36:26 AM

I don't think the dollar, or any of the main currencies is going to crash this year, and for the world economy to collapse, you need the dollar to collapse, or at least the euro. I wonder if the euro collapses it would be enough, or the dollar is a must.

Anyway, the dollar will go on, because people accept it, even if it's fake as hell, as long as people accept it, things will go on the way they are.

I agree. As long as people accept it, it won't collapse as they still needing it.

Yes that's true, no collapse will happen if people are using it and get's benefit from it. But the world economy will just collapse this year if China,Russia and North Korea will going to start war with the US government.

I am not sure that world economy could collapse at the same time. It will a collapse for for but for one currency at a time and finally when all the currency would have crashed and people have converted them in bitcoins, that will be the End of Fait.

funkenstein

legendary

Activity: 1066

Merit: 1050

Khazad ai-menu!

Quote from: escrowboy on June 22, 2016, 10:18:28 AM

Quote from: thejaytiesto on May 08, 2016, 11:36:26 AM

I don't think the dollar, or any of the main currencies is going to crash this year, and for the world economy to collapse, you need the dollar to collapse, or at least the euro. I wonder if the euro collapses it would be enough, or the dollar is a must.

Anyway, the dollar will go on, because people accept it, even if it's fake as hell, as long as people accept it, things will go on the way they are.

I agree. As long as people accept it, it won't collapse as they still needing it.

The dollar will never collapse. A single dollar will always buy several ounces of silver, it will always buy 10 bitcoins, it will always buy a good suit of clothes just like it used to.

escrowboy

full member

Activity: 154

Merit: 100

Quote from: thejaytiesto on May 08, 2016, 11:36:26 AM

I don't think the dollar, or any of the main currencies is going to crash this year, and for the world economy to collapse, you need the dollar to collapse, or at least the euro. I wonder if the euro collapses it would be enough, or the dollar is a must.

Anyway, the dollar will go on, because people accept it, even if it's fake as hell, as long as people accept it, things will go on the way they are.

I agree. As long as people accept it, it won't collapse as they still needing it.

sempak

hero member

Activity: 1638

Merit: 505

I think it will not. Now some countries are experiencing kenaika and developed so rapidly and well the economy will be good and be better than before. bitcoin will become larger and outstanding.

bitlancr

hero member

Activity: 616

Merit: 500

Quote from: Chrismeister on June 22, 2016, 08:56:28 AM

Quote from: Curtains873 on April 12, 2016, 11:31:52 AM

Global debt has grown by $57 trillion to reach $199 trillion in the seven years following the financial crisis - a 40.1% rise, according to a report from last year. All major economies are now recording higher levels of borrowing relative to gross domestic product (GDP) than they did in 2007. And these figures are from last year so add a few Trillion.

Total debt as a share of GDP stood at 286% in the second quarter of 2014 compared with 269% in the fourth quarter of 2007.

The next crash won´t be so easy to fix. Interest rates are already at zero or even negative. They´re just kicking the can down the road. When the road will end and that can goes off a cliff is anybody´s guess. It seems likely in the near future.

Off course wont the economy not collapse this year that cant happen because a couple of years ago it already happend it would be very strange if it happen again at the end of this year. Maybe in just one country it can absolutely happen.

Yeah I do not know why people are thinking that this is going to happen this year. We would have seen some signs are other things that would have led us to some kind of signs of the world economy going to collapse.

Chrismeister

sr. member

Activity: 465

Merit: 250

Quote from: Curtains873 on April 12, 2016, 11:31:52 AM

Global debt has grown by $57 trillion to reach $199 trillion in the seven years following the financial crisis - a 40.1% rise, according to a report from last year. All major economies are now recording higher levels of borrowing relative to gross domestic product (GDP) than they did in 2007. And these figures are from last year so add a few Trillion.

Total debt as a share of GDP stood at 286% in the second quarter of 2014 compared with 269% in the fourth quarter of 2007.

The next crash won´t be so easy to fix. Interest rates are already at zero or even negative. They´re just kicking the can down the road. When the road will end and that can goes off a cliff is anybody´s guess. It seems likely in the near future.

Off course wont the economy not collapse this year that cant happen because a couple of years ago it already happend it would be very strange if it happen again at the end of this year. Maybe in just one country it can absolutely happen.

InsideBjorn

sr. member

Activity: 336

Merit: 250

Off course will the economy not crash this year maybe in ten years but i dont think it would happen again because it was not allong time ago when it happend the last time so maybe later it will happen.

Topic: Will the world Economy Collapse this year? - page 2. (Read 4811 times)