Start of a econimic crash?

in #steemleo5 years ago

In the news Today they are talking about the downtrend in stocks all over the world.
Is this the start of the econimic crise that so many talked about for so long?

Will People run to crypto when stocks not going well? Lets see But so far not at all

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I definitely bet on a rise of precious metals and real estate as well. Tangible things would be fine in those times.

Yes
Gold has already raise a Lot. But when the crash come There is no other way to run than metall and gold

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Yep, Stocks and Bonds were at an all-time high and now hitting negative yield as investors start dumping their bonds and stocks we could see a mass sell-off and that includes crypto as people try to consolidate all liquid assets into something like precious metals or real estate.

But not all money can do into those sorts of industries and as the money starts to devalue crypto will see an influx of cash

We already see debt backed bubbles that are primed to default in a major way with corporate debt, government debt, student loans, car loans and home loans. If this does go pear-shaped it could be bigger than the 2008 crash

2008 did not affect Sweden so much. But I remembber the IT bubble more because I lost Some money.
The crise 2008 was almost Good for us because lower houseprices. If you have cash a crise is Good in a egocentric way

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