Post
Topic
Board Economics
Re: Global economic and trade crisis
by
uray
on 03/11/2019, 13:32:51 UTC
I am not an ecomonics expert but why are we talking so much about another economic crisis as its not beneficial for any nation as they will suffer losses and developed nations can survive it due to good monetary policies and reserves but others will face huge looses.So we pray that time never come.
Do you remember the last economic crisis that shook the entire world and it all started from the developed nations and it was not that long ago and the release of bitcoin white paper was during the last economic crisis, everyone around the world was affected, many lost their jobs and many filed for bankruptcy and it is not that easy to recover from a major crisis and if it happens again it will affect the bitcoin market too but the extend of the loss compared to the rest of the market will be less.