World Financial Crisis | Bitcointalksearch.org

Ingatqhvq

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Quote from: PenguinFire on July 18, 2015, 10:09:38 PM

What do you guys think about the world financial crisis many economists and other peofressionals will happen in the next 5-15 years. I have came to terms to expect it by 10 years. It is so depressing. Undecided

It may happen in the next serval years as the Fed rate hike. Every time the Fed do it, the financial crisis happend in some country.

Daniel91

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Quote from: PenguinFire on July 18, 2015, 10:09:38 PM

What do you guys think about the world financial crisis many economists and other peofressionals will happen in the next 5-15 years. I have came to terms to expect it by 10 years. It is so depressing. Undecided

It seems sometimes that we have world financial crisis every two years

Different countries have the financial crisis this year, had a financial crisis last year and will have a financial crisis very soon in the future.
Financial crisis, local or global, never affects all countries equally and we should be very careful with using the term 'global crisis'.
It is certain that some form of global financial crisis will occur sooner or later, but I think it is impossible to predict when, because it depends on too many facts and events.

PenguinFire

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That Darn Cat

Quote from: Beliathon on July 18, 2015, 11:28:16 PM

Quote from: PenguinFire on July 18, 2015, 11:14:51 PM

Well, like, it is a world financial crisis no matter who caused it. Damn bankers and income equality that comes from greed.

Income inequality is not a bug of capitalism, it's a feature. Wealth in capitalism functions similarly to gravity/mass in universe. Larger masses attract more mass than smaller masses.

End result is the same, this shit: http://agar.io/

HAHA. I have watched gaming Youtubers play this. That made my day. Maybe it is an oversimplified comparison but I can see what you mean.

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: PenguinFire on July 18, 2015, 11:14:51 PM

Well, like, it is a world financial crisis no matter who caused it. Damn bankers and income equality that comes from greed.

Income inequality is not a bug of capitalism, it's a feature. Wealth in capitalism functions similarly to gravity/mass in universe. Larger masses attract more mass than smaller masses.

End result is the same, this shit: http://agar.io/

PenguinFire

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That Darn Cat

Quote from: Beliathon on July 18, 2015, 11:06:58 PM

Quote from: PenguinFire on July 18, 2015, 10:09:38 PM

What do you guys think about the world financial crisis many economists and other peofressionals will happen in the next 5-15 years. I have came to terms to expect it by 10 years.

"World Financial Crisis" is a euphemism, designed to conceal the violence of the system. Capitalism is the crisis; Structural Violence must be revealed everywhere. Economics is a pseudo-science, risen up to defend the religion that is capitalism.

Well, like, it is a world financial crisis no matter who caused it. Damn bankers and income equality that comes from greed.

Beliathon

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Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Quote from: PenguinFire on July 18, 2015, 10:09:38 PM

What do you guys think about the world financial crisis many economists and other peofressionals will happen in the next 5-15 years. I have came to terms to expect it by 10 years.

"World Financial Crisis" is a euphemism, designed to conceal the violence of the system. Capitalism is the crisis; Structural Violence must be revealed everywhere. Economics is a pseudo-science, risen up to defend the religion that is capitalism.

PenguinFire

full member

Activity: 154

Merit: 100

That Darn Cat

What do you guys think about the world financial crisis many economists and other peofressionals will happen in the next 5-15 years. I have came to terms to expect it by 10 years. It is so depressing. Undecided

Topic: World Financial Crisis (Read 478 times)