modern economy crumble. what will happen next?

Any complex system develops nonlinearly. The same effect is observed in the global economy. Recessions alternate with rapid growth.

I think the situation will become normal again. So, don't lose your hope guys.

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.

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.

Despite such a shock to the global economy, there is a high probability that everything will resume, it will just be a little different.

It’s an unprecedented situation. Hence the mayhem.

The situation will get back to normal. But it is hard to say when that will come. It’s so difficult to predict.

Personally, I think the situation will not improve until at least a targeted vaccination for a certain segment of the population begins.

Everything goes to the point that all people in the world should get sick. And gain immunity. It probably won't work otherwise

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.

That is true and with the recent situation of the pandemic, who knows what effects it has on the economy further.

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.

Trading activities increase a lot due to the pandemic and the economy still recovering from crumble.

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.

Yeah, forex market will always exist.

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

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.

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.