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Topic: Will the world Economy Collapse this year? - page 5. (Read 4808 times)

full member
Activity: 182
Merit: 250
Also good to know that everything is in cycles. Bull markets tend to last about 7-8 years before a new recession hits. And that just about coincides with the number of years since the last one Tongue
full member
Activity: 182
Merit: 250
The world economy is definitely looking worse than it did last year.
The US is still going very strong, but with everyone else doing so poorly, it could start having an impact on the USA as well, which is what many analysts are afraid of!
full member
Activity: 238
Merit: 100
No that is not happening, if it was happening we would already noticed it by now. I believe that it set up in such a way that the economy really cannot collopase because if it would happen total chaos would break out.
I believe they come up with this doomsday scenario because of what was witnessed with the Chinese economy earlier this year so they take in part of this since their economy is one of the strongest so any decrease in their will show a ripple effect in others.
sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
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.
its will not happening this year.
Its up to you to take action for that news,for me,its just another news that trying to bring down people who still love bitcoin to start leaving bitcoin and interesting to gold.
sr. member
Activity: 350
Merit: 250
No that is not happening, if it was happening we would already noticed it by now. I believe that it set up in such a way that the economy really cannot collopase because if it would happen total chaos would break out.
member
Activity: 89
Merit: 10
https://www.youtube.com/channel/UCFZEGJo43fObLP1GV
Well i didnt saw the video and i dont need ,because the most countries facing financial problems someone is willing to take advantage of it making the people to buy gold or others raws means they hold a big ammount and wanna to pump their value.Do you believed the world would end in 2010 or any other year?

Agree with this. Same with what they do with bitcoin currency. Put a bad news about it and all profit will be for them. Big people holder will take advantage all the time to make some more and so that their money will move up again since they are using it for their shopping spree and needed to regain all the loss from that.

Greed. Just sitting there making a false news makes them rich, no need to sweat.
true, you've approached this from an interesting perspective  i think that the people on the gold side and Bitcoin side want the economy to collapse so they get rich
hero member
Activity: 2310
Merit: 532
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Since the 2008 economic crisis, while 2016 may be time for another global economic downturn and total collapse is still avoidable.

People were expecting a double dip recession even while recovering from the 2008 disaster.
It is possible that the double dip took some time to occur.

At this point it wouldn't be a double dip. We've had enough growth for a long enough period of time for this to be classified as a new recession, were one to occur.

But this might occur by the falling year. I believe the price has got initiated when the oil crisis began but this turns to be a major collapsed when more sectors interdependent gets affected.
legendary
Activity: 3318
Merit: 1133
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Well i didnt saw the video and i dont need ,because the most countries facing financial problems someone is willing to take advantage of it making the people to buy gold or others raws means they hold a big ammount and wanna to pump their value.Do you believed the world would end in 2010 or any other year?

Agree with this. Same with what they do with bitcoin currency. Put a bad news about it and all profit will be for them. Big people holder will take advantage all the time to make some more and so that their money will move up again since they are using it for their shopping spree and needed to regain all the loss from that.

Greed. Just sitting there making a false news makes them rich, no need to sweat.
full member
Activity: 238
Merit: 100
They constantly say the economy is in the Depression era of things. But they say this every year and the outlook always gets better once things are sorted out.
legendary
Activity: 2044
Merit: 1115
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Since the 2008 economic crisis, while 2016 may be time for another global economic downturn and total collapse is still avoidable.

People were expecting a double dip recession even while recovering from the 2008 disaster.
It is possible that the double dip took some time to occur.

At this point it wouldn't be a double dip. We've had enough growth for a long enough period of time for this to be classified as a new recession, were one to occur.
legendary
Activity: 1246
Merit: 1000
Since the 2008 economic crisis, while 2016 may be time for another global economic downturn and total collapse is still avoidable.

People were expecting a double dip recession even while recovering from the 2008 disaster.
It is possible that the double dip took some time to occur.
hero member
Activity: 518
Merit: 500
Since the 2008 economic crisis, while 2016 may be time for another global economic downturn and total collapse is still avoidable.
legendary
Activity: 2044
Merit: 1115
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If a trillion dollar deficit doesnt break the economy nothing will at this point lol.

Its fair to say that, we wont ever see this happen unless its like 3 different generations from now.


It matters tremendously the size of the economy and the size of the debt in relation to the deficit in any one year. It's quite one thing to run a trillion dollar deficit when GDP is 5 trillion and another entirely to run one when GDP is 15 trillion. An economy of larger size can tolerate the deficit better.  Same for debt, if current debt is 5 trillion, the country can handle he deficit much better than is the debt is already 19 trillion. All three of these things must be taken into account at the same time.
sr. member
Activity: 252
Merit: 250
If a trillion dollar deficit doesnt break the economy nothing will at this point lol.

Its fair to say that, we wont ever see this happen unless its like 3 different generations from now.
legendary
Activity: 2688
Merit: 1026
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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.
Nothing like that is going to happen.It is ridiculous and yes you put it right it was created with an intention to lure people into buying gold.I am not saying that gold is a bad investment but one should not buy it in panic or for wrong reasons
legendary
Activity: 1218
Merit: 1007
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.
dont trust fully to media these day,media is a monster that could bring people to good point and bad point in same time,and i dont see a reall strong reason from that video that causing economic collapse this year.
There is no reason to ever really trust the media, most of the time it is lies or very, very specific parts of news that are reported.

Example, you probably never heard of the "Heavenly Hundred", back in 2013-2014, where roughly one hundred protestors were killed by the government forces. But you know, the Russian separatists are still the bad guys. This is, of course, subjective.

It all comes down to who wants who to hear what. You see this everywhere.
sr. member
Activity: 434
Merit: 250

One day people will stop to be slaves to material things

Exactly, being enslaved to material paper or gold is not good.

But bitcoin and other digital thing will set us free, after it hits 10,000$/piece, i bet most bitcoin skeptics will turn around Smiley

This will never happen, and you know from the bottom of your heart it`ll continue.

Reason why fashion industry thrives, is because their jobs is to make you feel out of fashion. So people hence feel like they need to buy the new trend or back to old fashions they market to each generation lol.
legendary
Activity: 1414
Merit: 1002
= jasad =
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.
dont trust fully to media these day,media is a monster that could bring people to good point and bad point in same time,and i dont see a reall strong reason from that video that causing economic collapse this year.
legendary
Activity: 2044
Merit: 1115
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I´ve heard about those ghost cities but didn´t realize that it could be this massive..25% of housing empty? That is truly staggering. How about the financing? Is that through some ghost banks? I can´t imagine that it´ll end well. The regime will do anything to stay in power, especially in the interests of the self-preservation of the party bosses.  It´s going to be very interesting next couple of years.



I'm not overly familiar with how banking in China works except it's heavily dictated by the communist party which isn't good at all. Other than that, I just know what is reported which is that China is pumping massive amounts of money into the stock market to inflate asset prices, and has all kinds of programs encouraging regular citizens to invest in the market at these inflated prices too. When that crashes, it will crash hard and wipe out a significant amount of wealth from China's middle class. I don't think it's a perfect analogy, but it would be similar to the US government enticing people to buy into the stock market in the 1920s, far beyond what was already happening naturally, and then at the same time also actively manipulating the market to send stock prices even higher. By the time that gravy train ended in 1929, it would have made the Great Depression one hell of a lot worse than it was, because in addition to all that wealth disappearing, all that artificial wealth the government tried to create would have disappeared too, and that would have made the hole to dig out of that much deeper. That's where I view China today.
hero member
Activity: 854
Merit: 1009
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One day people will stop to be slaves to material things

Exactly, being enslaved to material paper or gold is not good.

But bitcoin and other digital thing will set us free, after it hits 10,000$/piece, i bet most bitcoin skeptics will turn around Smiley
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