Post
Topic
Board Economics
Re: Global financial crisis
by
prtty2gal2
on 18/10/2018, 08:51:59 UTC
  It will be a recession but not a financial crisis. There has to be an underlying market risk to the entire system (ex the US housing market.) All expansion and recessions are cyclical. Looks more like 2020 though Undecided
This particular financial crisis is connected to the declining prices of the assets that may possibly result in the inability of the people and countries to pay back the debt plus the expansion of the financial market and system. Pumping capital is not so easy for the investors and many of them prefer to stay aside and rather wait until the market gets stabilized.

It can be connected to the financial crisis that hovered over the market back in 2013 but that time the demand for the coins was way too down and so were the prices. Right now, both these factors are high so we might not need to wait longer to get back in the boom.