Post
Topic
Board Economics
Re: Has everyone become too pesimistic about the economy?
by
darewaller
on 07/07/2023, 03:11:45 UTC
It's one thing to be pessimistic, but it's also another to be realistic. I enjoy thinking about things getting better eventually since that keeps me off the constant ringing of problems in my head at the very least, but this economic and global struggle we're in isn't going to end or be gone with a few papers signed and hands shaken. You have to understand that the people who involved themselves in this mess had a clear motive in mind that diplomacy in this stage of the scuffle isn't going to fix.

These goes for everything that we're dealing with right now, crypto at risk of getting banned, Russia not relenting from annexing Ukraine, China's housing bubble collapsing, among other issues, as well as other stuff. This is real, this is happening, optimism is great but if it takes your eyes off of the real situation it becomes delusion.
Exactly, I think that everyone that has felt the effects of an economy on crisis will prefer for things to fix themselves up and avoid all that turmoil, but just because we wish it does not mean that it will come to happen, so whether the crisis comes to happen or not we need to prepare ourselves, if nothing happens then our additional investments and savings will help us on the future, but if the crisis does happen then such actions will save us from suffering as much as if we did not prepare at all.
We can wait for the things to fix themselves if something is wrong with them but I think that can take time. We still can try if we can do something to help and if we are lucky that it works then that should speed up the recovery process. If we are not that type and we prefer to be alone then we can only help our self cope up on the situation.

It's crazy if someone will wish for a crisis to come. What will they get after? Maybe they will buy more assets at a cheaper cost but that was still a selfish act because other people or the poor are the ones that can suffer greatly. The price of the assets can still dump even without the need for a crises.