Post
Topic
Board Economics
Re: Global financial crisis
by
pickledmuffin
on 07/08/2018, 11:37:26 UTC
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?

Its a guessing game. No Idea, but one thing we do know, it will happen, and it will happen big.
People are in more debt then ever before because credit is so cheap, and when crap hits the fan, hopefully the money flows out of traditional markets into the crypto space for those trying to make up losses.