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?
Only time can prove the Gobal financial crisis because some cycle says that we are already in the gobal crisis period and we would see a global crisis soon and some say it will be come in next 2 years, but i don't think it is to come in coming 4 years of time span in all over the world. Unites states might be in little bit of panic moe but other countries like India, japan are experiencing their best economical market conditions righ now and its going to continue for another few years.
Japan is experiencing their best economic market conditions? In whose dream? Spending is so low in Japan that they are experimenting with
negative interest rates to entice people to buy things. That means you actually lose money you keep in your bank account! As if banks weren't criminal enough already!
Japan has been in a spiral of deflation for that past few years now and is starting to get desperate. Rumor has it they were even thinking of trying helicopter money, which is basically dumping free money on the entire country in hopes that someone will spend it. In the past this has only managed to cause inflation to skyrocket out of control. Good luck Japan.