Rating: Full Star Full Star Full Star Full Star Full Star
modern economy crumble. what will happen next?
Previous 1 2 3 4 5 Next
Matthias53636et

Member Since Mar 03, 2020  4 posts Matthias (Matthias53636et) Oct 09 at 11:47
I cannot understand, if everyone gets sick with the coronavirus, then why should countries impose such severe restrictions, and themselves lose a lot of money in the fight against something that cannot be stopped and probably is not needed. Many people got sick and nothing bad happened to them. And of course there is no 100% guarantee that you will not get sick in quarantine.

David03948556

Member Since Mar 05, 2020  4 posts David (David03948556) Oct 09 at 12:21
Any complex system develops nonlinearly. The same effect is observed in the global economy. Recessions alternate with rapid growth.

ElliotCooke

Member Since Jul 20, 2020  209 posts ElliotCooke Oct 09 at 18:03
I think the situation will become normal again. So, don't lose your hope guys.

DoraWalletInvest

Member Since Aug 17, 2020  96 posts DoraWalletInvest Oct 10 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.

LyudmilLukanov

Member Since Jul 23, 2020  113 posts LyudmilLukanov Oct 16 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.

Dorigda

Member Since Apr 15, 2020  68 posts Dorigda Oct 17 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.

Ezereombre

Member Since Jul 01, 2020  25 posts Ezereombre Oct 19 at 12:33
It’s an unprecedented situation. Hence the mayhem.

Alexander74645

Member Since Feb 06, 2020  8 posts Alexander (Alexander74645) Oct 20 at 12:10
There have always been ups and downs. This is a natural rhythm for the economy. It is very similar to the breathing of a living organism, inhalation and exhalation.

Robert647373

Member Since Feb 25, 2020  64 posts Robert (Robert647373) Oct 30 at 10:13
I liked that you defined the market as a living organism. There is definitely some truth to this. As far as I can see, everything is stabilized and continues to work as usual.

Rosstaylorr

Member Since Oct 08, 2020  20 posts Rosstaylorr 16 Hours ago
The situation will get back to normal. But it is hard to say when that will come. It’s so difficult to predict.

Previous 1 2 3 4 5 Next
Loading
Loading
EURUSD 1.18382 GBPUSD 1.33233
USDJPY 104.489 USDCAD 1.30822

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.