modern economy crumble. what will happen next?

May 25, 2020 at 11:26
2,210 Views
39 Replies
Member Since Mar 05, 2020   4 posts
Oct 09, 2020 at 12:21
Any complex system develops nonlinearly. The same effect is observed in the global economy. Recessions alternate with rapid growth.
Member Since Jul 20, 2020   341 posts
Oct 09, 2020 at 18:03
I think the situation will become normal again. So, don't lose your hope guys.
Member Since Aug 17, 2020   123 posts
Oct 10, 2020 at 10:07
The crisis will have and effect for a long time, that is for sure - even after the pandemic situation gets better, which we still don't know when will happen, economies will still be struggling. But I don't think this is the death of globalization. As another poster before me said, people have been predicting the end of modern economy for a very long time.
Member Since Jul 23, 2020   869 posts
Oct 16, 2020 at 17:07
DoraWalletInvest posted:
The crisis will have and effect for a long time, that is for sure - even after the pandemic situation gets better, which we still don't know when will happen, economies will still be struggling. But I don't think this is the death of globalization. As another poster before me said, people have been predicting the end of modern economy for a very long time.
I also think this is not the death of global economy. I think it’s kind of setback and modern economy is slowly recovering.
Member Since Apr 15, 2020   83 posts
Oct 17, 2020 at 07:38
Despite such a shock to the global economy, there is a high probability that everything will resume, it will just be a little different.
Member Since Jul 01, 2020   27 posts
Oct 19, 2020 at 12:33
It’s an unprecedented situation. Hence the mayhem.
Member Since Oct 08, 2020   25 posts
Nov 23, 2020 at 06:32
The situation will get back to normal. But it is hard to say when that will come. It’s so difficult to predict.
Member Since Nov 05, 2020   54 posts
Nov 23, 2020 at 06:36
Personally, I think the situation will not improve until at least a targeted vaccination for a certain segment of the population begins.
Member Since Feb 24, 2020   4 posts
Nov 23, 2020 at 11:10
Everything goes to the point that all people in the world should get sick. And gain immunity. It probably won't work otherwise
Member Since Mar 03, 2020   7 posts
Jan 06, 2021 at 10:35
The crisis stage has been passed, and a new round of development begins. At the same time, we can also observe a huge movement in the cryptocurrency market. I expect this will be an interesting year.
Member Since Oct 27, 2020   26 posts
Jan 08, 2021 at 04:04
That is true and with the recent situation of the pandemic, who knows what effects it has on the economy further.
Member Since Apr 06, 2020   3 posts
Apr 28, 2021 at 07:58
These were all manipulations with the consciousness of people. The so-called check. What will people do if they are forced. I have never believed in this covid 19. This is speculation on human fears.
Member Since Jul 23, 2020   869 posts
May 02, 2021 at 17:09
Trading activities increase a lot due to the pandemic and the economy still recovering from crumble.
Member Since Jul 19, 2020   751 posts
May 05, 2021 at 14:59
No matter what happens to the global economy, currency will be there. So forex market will exist. If something like happen like european union, there will be less pair.
Member Since Apr 23, 2020   3 posts
Jun 03, 2021 at 10:46
Yeah, forex market will always exist.
Member Since Jun 30, 2020   90 posts
Aug 06, 2021 at 06:11
Of course, there will be an impact on the market, but the fact that he wants to work is unambiguous because it doesn't matter that something will happen in the economy
Member Since Jan 02, 2020   14 posts
Aug 28, 2021 at 17:45
Everything that happens with the world economy affects the market, that's why following the news and important world events is the main task of those traders who prefer long-term trading activity and use fundamental analysis for it. Of course, it's difficult to watch for the news every day because you also should have some time on traing activity and it's the main issue of such traders. They can't distrubite their time wisely and they can't trading not reading the news. I suppose in such situations people have to work on their psychology. It will be enough to create a special schedule whhich you must comply with.
Member Since Aug 05, 2021   401 posts
Sep 02, 2021 at 03:17
I keep hearing rumors that we’re about to go into another lockdown in the US, not sure if it’s true but hoping not as it will definitely have another negative impact on the economy. Just helping to put small businesses out of business while mega corporations keep all the profit for themselves. I’d expect this to have ripple effects if it does happen.
Member Since Jul 31, 2020   11 posts
Oct 05, 2021 at 20:05
That is an arguable thing because there are no people who can see the future. Everything might happen and it is impossible to prepare for it, I am talking about the black swans. They are game changers and affect the situation dramatically. So, my position is that it is early to say about crisis in such a situation when a single event can lead to different outcomes.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.