Bitcoin 10 Age: 2008, the World cracked a seam | The river of Time "one"

in #partiko5 years ago (edited)

(1) The world is like a zombie, but politicians are overwhelmed

No one expected, November 1, 2008 two o'clock in the morning an e-mail-entitled "Bitcoin P2P E-cash paper" (Bitcoin P2P Electronic cash paper), eventually stirred up the whole world.

The US subprime mortgage crisis, which began this year, triggered a new global financial crisis, and in the years since then, the world economy has begun to collapse, and even the pace of China, which has been proud of it, has slowed down and fallen downwards ... Following the Great Depression of the United States in the 30, the new World economic depression inevitably took place.

The world is starting to be like a zombie again, but politicians are overwhelmed. Ministers of the exchequer, like ants on the pot, are trying to save their economies from distress by all means. Even if multinational central banks repeatedly inject huge sums of money into financial markets, they will not be able to stop the financial crisis from erupting. Until September 9, 2008, the financial crisis began to spiral out of control and led to the collapse of a number of fairly large financial institutions or their takeover by the government.

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