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Topic: Will the world Economy Collapse this year? - page 6. (Read 4808 times)

member
Activity: 84
Merit: 10
There are a lot of people that use platforms like youtube or twitter to exploit and manipulate the uneducated. Not putting people down, just pointing to economic background.
You should always fact check for yourself or you can easily be mislead by some crafty misdirection.
newbie
Activity: 28
Merit: 0
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.

legendary
Activity: 2044
Merit: 1115
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The economy is a collection of segmented markets. Some 'segments' within this collection may collapse, but will always build themselves back up again. The economy is a self cleansing and self healing mechanism.

Barring certain currencies, there has never been an instance in human history of a financial market that has crashed and then disappeared entirely. The tech market plunged in the early 2000's but rebounded... Between 1930 and 1970, gold lost a TREMENDOUS amount of value... but that market has also recovered.

The "world economy" is never going to "collapse" simply because there isn't a world economy... Just a collection of segmented markets that are designed to go through cycles
dont you think that some countries like the US for example are in big trouble compared to countries like the Uk and China?

China is in way more serious trouble than the US. It's estimated up 25% of housing is uninhabited, there are ghost cities that were built and nobody moved there. China is spending to try and pump the economy up, but they're spending without economic need, which is a recipe for disaster. Things are already starting to crumble, so they've starting massively interfering in the stock market by pumping stocks and arresting short sellers. These are the actions of a desperate country on the verge of major economic collapse.

Think they´re heading for the fate of Japan in 1989 when the stock and real estate markets crashed? Their stock market is still down 60% from that top. It has been lurching from one recession to the next and government debt is gigantic.

I couldn't say. Japan had a lot of advantages China doesn't, such as a very conservative base of national savers (vs. China, which is recklessly encouraging investors to buy into the market despite insane multiples and no transparency). In that respect, it seems likely China won't be nearly as resilient in the face of catastrophe, and take "resilient" with a grain of salt, because Japan was anything but resilient after their meltdown. They don't call it the lost decade for nothing. As resilient as Japan wasn't, China seems destined to be far less so.
legendary
Activity: 2044
Merit: 1115
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The Gold shills on Youtube will increase, when the world economy is turning to negative interest rates to solve their problems. We are seeing all the signs for a major correction

on the stock markets and the governments are trying their best to prevent another financial crisis, like we had when they had to jump in and give massive bailouts. We all knew

this was only a temporary solution and things will be worse the next time this happens. Will this happen this year? Possibly ... but we still have time to protect our wealth to a

degree, with alternatives like gold and silver and Bitcoin.  Wink  
do you think the price of bitcoin will go up massively when this collapse happens?

I think Bitcoin drops like a rock if there's an economic collapse. People will flee risky assets, and Bitcoin is among the riskiest. Nobody will look at a crumbling world economy and plunging asset values and think taking on more risk is a good idea.
but theres essentailly a finite quantity of bitcoin available won't this help the bitcoin situation? I dunno if its really a risky asset in that if it would have melted down it would have done so a long time ago.

No, the current price now is made up of speculators who are day trading to try and make profit from small movements, or long term speculators treating it like an asset. Neither one adds value to Bitcoin, which derives value from utility as a currency. When disaster strikes, both short and long term speculators will leave because it's too risky to be holding Bitcoin which still has very low utility outside of speculation, and all that will be left are people who use it as an actual currency, which is a very small number of overall current users. The cascade of people fleeing will make it harder to attract buyers too, and the fact that this is so predictable will create intense pressure to be the first out so you're not one of the ones left holding he bag. Bitcoin crumbles harder and faster than other assets in a real crisis.
member
Activity: 98
Merit: 10
The truth is that the worldwide economic slowdown that began during the second half of last year is starting to get a lot worse. Unfortunately, they have had seven years to try to fix things since the last global recession, and they didn’t get the job done. it is really hard to predict things about the recovery especially at this moment
member
Activity: 89
Merit: 10
https://www.youtube.com/channel/UCFZEGJo43fObLP1GV
The Gold shills on Youtube will increase, when the world economy is turning to negative interest rates to solve their problems. We are seeing all the signs for a major correction

on the stock markets and the governments are trying their best to prevent another financial crisis, like we had when they had to jump in and give massive bailouts. We all knew

this was only a temporary solution and things will be worse the next time this happens. Will this happen this year? Possibly ... but we still have time to protect our wealth to a

degree, with alternatives like gold and silver and Bitcoin.  Wink  
do you think the price of bitcoin will go up massively when this collapse happens?

I think Bitcoin drops like a rock if there's an economic collapse. People will flee risky assets, and Bitcoin is among the riskiest. Nobody will look at a crumbling world economy and plunging asset values and think taking on more risk is a good idea.
but theres essentailly a finite quantity of bitcoin available won't this help the bitcoin situation? I dunno if its really a risky asset in that if it would have melted down it would have done so a long time ago.
newbie
Activity: 28
Merit: 0
The economy is a collection of segmented markets. Some 'segments' within this collection may collapse, but will always build themselves back up again. The economy is a self cleansing and self healing mechanism.

Barring certain currencies, there has never been an instance in human history of a financial market that has crashed and then disappeared entirely. The tech market plunged in the early 2000's but rebounded... Between 1930 and 1970, gold lost a TREMENDOUS amount of value... but that market has also recovered.

The "world economy" is never going to "collapse" simply because there isn't a world economy... Just a collection of segmented markets that are designed to go through cycles
dont you think that some countries like the US for example are in big trouble compared to countries like the Uk and China?

China is in way more serious trouble than the US. It's estimated up 25% of housing is uninhabited, there are ghost cities that were built and nobody moved there. China is spending to try and pump the economy up, but they're spending without economic need, which is a recipe for disaster. Things are already starting to crumble, so they've starting massively interfering in the stock market by pumping stocks and arresting short sellers. These are the actions of a desperate country on the verge of major economic collapse.

Think they´re heading for the fate of Japan in 1989 when the stock and real estate markets crashed? Their stock market is still down 60% from that top. It has been lurching from one recession to the next and government debt is gigantic.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
The Gold shills on Youtube will increase, when the world economy is turning to negative interest rates to solve their problems. We are seeing all the signs for a major correction

on the stock markets and the governments are trying their best to prevent another financial crisis, like we had when they had to jump in and give massive bailouts. We all knew

this was only a temporary solution and things will be worse the next time this happens. Will this happen this year? Possibly ... but we still have time to protect our wealth to a

degree, with alternatives like gold and silver and Bitcoin.  Wink  
do you think the price of bitcoin will go up massively when this collapse happens?

I think Bitcoin drops like a rock if there's an economic collapse. People will flee risky assets, and Bitcoin is among the riskiest. Nobody will look at a crumbling world economy and plunging asset values and think taking on more risk is a good idea.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
The economy is a collection of segmented markets. Some 'segments' within this collection may collapse, but will always build themselves back up again. The economy is a self cleansing and self healing mechanism.

Barring certain currencies, there has never been an instance in human history of a financial market that has crashed and then disappeared entirely. The tech market plunged in the early 2000's but rebounded... Between 1930 and 1970, gold lost a TREMENDOUS amount of value... but that market has also recovered.

The "world economy" is never going to "collapse" simply because there isn't a world economy... Just a collection of segmented markets that are designed to go through cycles
dont you think that some countries like the US for example are in big trouble compared to countries like the Uk and China?

China is in way more serious trouble than the US. It's estimated up 25% of housing is uninhabited, there are ghost cities that were built and nobody moved there. China is spending to try and pump the economy up, but they're spending without economic need, which is a recipe for disaster. Things are already starting to crumble, so they've starting massively interfering in the stock market by pumping stocks and arresting short sellers. These are the actions of a desperate country on the verge of major economic collapse.
member
Activity: 89
Merit: 10
https://www.youtube.com/channel/UCFZEGJo43fObLP1GV
Probably not, as many people still think money is the most important thing aside from human life
true, going out of this habbit will be a challenge for a lot of people. People dont like change and thats one of the things that i see keeping this bullish economy going more than anything else.
hero member
Activity: 1106
Merit: 521
What i do with these predictions sometimes is record it in a online diary and check if it happens by the time they said it would.  then you know if they are bull or not..... Wink
full member
Activity: 168
Merit: 100
No I think not. If this was the case we would have heard this on the news already. I believe it goes better with most countries and the economy. There are of course some countries that life in a financial crisis.
i think Venuzula is already down am i correct?

Its not just venuzula, its also other countries that are smaller that dont bring bigger business to their country.

If the lawmakers for that country is corrupt, which normally is - see the greece event as a scenario as a lesson.
full member
Activity: 210
Merit: 100
Probably not, as many people still think money is the most important thing aside from human life
member
Activity: 89
Merit: 10
https://www.youtube.com/channel/UCFZEGJo43fObLP1GV
The Gold shills on Youtube will increase, when the world economy is turning to negative interest rates to solve their problems. We are seeing all the signs for a major correction

on the stock markets and the governments are trying their best to prevent another financial crisis, like we had when they had to jump in and give massive bailouts. We all knew

this was only a temporary solution and things will be worse the next time this happens. Will this happen this year? Possibly ... but we still have time to protect our wealth to a

degree, with alternatives like gold and silver and Bitcoin.  Wink  
do you think the price of bitcoin will go up massively when this collapse happens?
Pab
legendary
Activity: 1862
Merit: 1012
We can have very huge,deep crisis.That modern pseudo economy world is asking for that.In any moment we can have news about for exemple Deutche Bank fail becouse of derrivatives that moment big panic begin
newbie
Activity: 28
Merit: 0
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.
legendary
Activity: 1456
Merit: 1002
I mean we thought the world was going to collapse back in 2008, after the whole financial meltdown. Things back then were slow, layoffs happen, etc. We still feel that pain today, yet we thought the same 9 years ago.

Yet we are still here, now will there be another financial melt down I think yes. But not collapsed as in staying collapsed it`ll always be temporary.
legendary
Activity: 1904
Merit: 1074
The Gold shills on Youtube will increase, when the world economy is turning to negative interest rates to solve their problems. We are seeing all the signs for a major correction

on the stock markets and the governments are trying their best to prevent another financial crisis, like we had when they had to jump in and give massive bailouts. We all knew

this was only a temporary solution and things will be worse the next time this happens. Will this happen this year? Possibly ... but we still have time to protect our wealth to a

degree, with alternatives like gold and silver and Bitcoin.  Wink  
member
Activity: 89
Merit: 10
https://www.youtube.com/channel/UCFZEGJo43fObLP1GV
The economy is a collection of segmented markets. Some 'segments' within this collection may collapse, but will always build themselves back up again. The economy is a self cleansing and self healing mechanism.

Barring certain currencies, there has never been an instance in human history of a financial market that has crashed and then disappeared entirely. The tech market plunged in the early 2000's but rebounded... Between 1930 and 1970, gold lost a TREMENDOUS amount of value... but that market has also recovered.

The "world economy" is never going to "collapse" simply because there isn't a world economy... Just a collection of segmented markets that are designed to go through cycles
dont you think that some countries like the US for example are in big trouble compared to countries like the Uk and China?
sr. member
Activity: 896
Merit: 303
Who knows? For me, it is possible and there's a chance. One of the possible reasons will be "World War 3", some of the countries in middle east have a conflict with ISIS or any terror groups, Russia and turkey can go to war anytime, and also in the east, China and north korea are aggressive, this could spark a war and it can affect of course the economy which can collapse anytime.
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