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?
What makes you think that gold and cryptos will be a safe heaven?
What if all financial assets (digital and non-digital) are hit by the crysis and their prices crash?
During the great depression there wasn't any safe heaven asset that will maintain a stable price.
The big crysis will first hit countries like Italy,with their huge goverment debt and problematic banks.
Italy alone can create the crisis The country is on the way to get like Greece. While they borrowed money from Europe, Europe doesn't have enough funds to save Italy. It could destroy the European Union (economically I mean). If it happens I am sure we will some Brexit forks. When everything is going well everyone is dancing but when a major problem comes they all leave the boat.