Post
Topic
Board Economics
Re: Reason of Next Financial Crisis
by
Stac
on 08/03/2019, 03:42:16 UTC
There are predictions by most of the top financial analyst like JP Morgan said that there is likely for a financial crisis every ten years time and the next crisis will hit the financial market in 2020 and that will bring a  huge down turn in the financial market. Only Bitcoins has the capacity to up hold the economy in such a situation, bitcoins will not get affected with the financial crisis and infact it has the capability to boost the economy from the downturn of the financial crisis. One of the major reasons for the financial crisis is due to bad debts as people are lending money at a highest record and has no chance to pay back causing for increased bad debts.