Topic: You are not prepared what's coming quick analytics exacly of situation - page 2. (Read 261 times)

Do you know how things could get easier for them if they venture into crypto? Instead of them hating on crypto, they should use crypto to their advantage, this is where money is going when inflation strikes hard and once they start printing those dollars again crypto benefits, why are they hating something that can lessen their economic problem? Must they be in control of everything? Bitcoin is the saviour they aren't ready to embrace and they will start in this dooming spot for longer which will worsen their situation.

I'm sure many folks have already taken precautions in case a recession actually occurs. There's nothing wrong with being prepared because recessions can catch people off guard, and those without preparations can crumble like dust.

But as of now, news and discussions about a recession are fading away. The recovery since COVID has been faster than the public's panic about a recession (in my country). What I can do for now is build an emergency fund to feel more secure, whether a recession happens or not.

We have been hearing about this doom and gloom and nasty recession for almost 2 years now. However aside from housing which slightly corrected nothing has happened which was bad.

Employment is very strong
Inflation seems to be contained
The bank failures has stopped
Etc

Sure all indicators are pointing to a recession. However if everyone thinks there will be a recession, then will there be one? Usually a recession is quick and by surprise.

BLACKROCK like what do you mean by this? Because even though there is already an internet network in all corners of the world, it doesn't mean it can be very easy to see the future because it is a very difficult thing to see clearly even though some people keep making predictions about the future. All the information that is on the internet is also made by humans, basically they cannot surpass their god, so I think there is no need to say about who can see the future or times that have not happened at this time.

Sorry but, haven't read at least 2 of your posts today, I couldn't help but notice your continual spelling of the word "Because" as "Becouse" or isn't that the intended. At first I thought it was probably your keypad not making the alphabet but, that seem not to be the case as, the alphabet "A" has been produced severally in your piece. Perhaps some auto correct shit but, you could look into it. Like, I've attached that to you already.

You have a point in your observations of the big guys having to transfer some of there wealth to dump in gold. Can't say I've made same observations but, its got to mean something like you've anticipated. Although, I don't think gold is the best store of wealth or valued commodity out there. As a crypto enthusiast, I'll go for the asset which remains far above centralized systems and that is bitcoin, perhaps I'll diversify with gold but, chiefly bitcoin.

If we look at big moves of those like BLACKROCK...then we can see what's the future ,follow the Money and follow their actions.
Off course now days it's easy becouse internet give us a lot info what we need.

A devaluation of almost all the most valued currency of the world is another advantage to the value of bitcoin and not just gold alone, and so for those f us who can't afford to buy some gold and hold, bitcoin is the new and affordable gold, a gold you can always DCA whenever you're able to.

In the case of world war 3, if there should be any then that's a roadmap to the end of the world cause it's going to be one most destructive like never before if not an extinction of 95% of earth life, and that is why international organisations and world leaders are doing all they can to avoid a ww3. In the very words of Albert Einstein "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones".

He Einstein was referring to the kind of scientific technological weapons development that exists in the possession of nation's today and the deadly impact of those weapons in the event of a ww3. Hence, if there should be a ww3 then our gold's and cryptos would be of no use.

Haha, there is this country I know; the country is living in big debt because of the office of the formal president, even before the newly elected president. Like, the debt is really huge, and there is only one means that their government has been using to repay loans but has not been able to keep up In the past few years, they have accumulated a lot of debt and I wonder if there is a crisis in the country's currency, the value of their money will really not be worth anything because even the level of inflation in that country is so high. So, I think that even in that country and other countries, many people are already aware of what is happening to the economic system and know that it might even get worse, but the question is, what is the government doing to help the situation? I believe if it happens, there's no one who wouldn't be affected. Even those government officials in charge.

Most of the observations and feedback are related to the US debt and default I think there is nothing wrong in declaring yourself default because rather than increasing the debt limit call for default it can be a new start also Russia has defaulted and is still very standing strong against it. But, the point to notice here is Russia recovered because it has Natural resources and fertile land I am not sure about the geography of America can they depend on their slaves to rely on natural resources such as agriculture or Minerals the answers seem No very clear. America is an industrial country and this is where they can generate future resources for them.

One more thing people think WW3 is on the way haha I think we are living in WW3 and moreover, we are at the end of the Initial phase next to it it's gonna be more and more critical. Results are clear it will be the Rebirth of Manking after this era.

If the Third World War breaks out, it will be a devastating nuclear one that could lead to the complete destruction of human civilization, and thus the infrastructure, especially electricity and the Internet, will be destroyed.

In the event of such a scenario, the cryptocurrencies will be worthless because you will not be able to access your wallet or the blockchain as a result of the power outage and the Internet, and the servers that store all this data may be destroyed.

In such a worst case scenario the best thing would be to stock up on gold and precious metals as they hold their value constantly.

Gold and Silver will always be a safe bet, so you have to hold some physical Gold and Silver in your financial portfolio as a safe haven. I believe that we will see a escalation in the military situation between North Korea and the West, because they are poking at the beast... and I do not know how long that will be tolerated. (One misguided long-range missile will start a global war)

China are also itching to enter into military action, because they have been preparing for that for years now. I doubt if a hoarding of Bitcoin or any other Crypto currency will be the safest investment in a time of war. 

Can you tell us your future life plan because right now, I still have no slight idea what I should do also. I was also looking into having a plan but this always depend on what happen in the future and what my government will do and what crypto currency prices do.

If my country will also have recession, sure thing I will sell properties and will likely move to my parents. Family comes first, none of us would want to be alone in this war time.

Then everything Will be transfered into blockchain and new financial circle start again you need crypto to buy food ..so what you do ?
You borrow with % crypto from those who have crypto.
You need USD? Well you borrow the USD Stablecoins off course you get with lower % If you borrow with collateral with BTC.
No wonder why TETHER USDT recently started using BTC to backing up valuation of currency.
The future look like the USDC and USDT will share the Market and role of reserve currency status.

Honestly speaking, the state of the u.s right now is a bit lopsided, to be honest. Because the country of America is already deeply in debt in the amount of 31T$ do you think this country can recover?

Especially now that they don't even have a gold backup for their dollar currency. Then they defaulted and what they did could lead to a recession, something that most people don't want to happen. But I don't think we will end up in ww3.

You are not prepared becouse you are not interested economics and how the world works generally speaking how the system works.
In lately there been a lot gold buying transactions (otc) to avoid having the bullish influence over the gold price.
The biggest guys and girls don't make moves for fun...they know what's coming.
They bought big loads of gold becouse they know fed will cut rates one more time debt ceiling will be lifted and hyperinflation will be rampant we gona see the days when fiat currencies are close to or allmost near by 100% devaluation.
And off course i don't like it you dont like it ww3 is about to break out any time soon right after last fed 25 basis point hike.
Becouse before the war the big boys and girls the elite will always buy the gold you will know that by looking what they Actually doing it.
However USA russia ukraine NATO have only short time period left to know whos winner in this war becouse fed can only keep rates low 2-3 years not longer.
Russia can keep longer....but the problem is trade defecite and trading embargoso Even after 2 years russia will run out of money and usa.
After 2 years world will run out of the money and war can not last long so the both sides west and the east must stop the war If they run out the financial resources.

Becouse all of this i have Made my future life plan