Post
Topic
Board Economics
Re: Global financial crisis
by
awik p
on 31/10/2018, 07:46:12 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?
No one can really said the time of the next global crisis as I relate the crisis in term of rate and not time.  To me we are currently in crisis financially and to some extent that is global financial crisis.  If you will agree with me the more we look at time the more crisis we find ourselves in.
on an economic map, currently president of America is planning to meet government of China, so trade war between the two countries i think will be normal again. and the effect of the world economy gradually improved