RE: Global Financial Collapse Imminent. The Famous Economist Magazine One World Currency "Prophetic" Front Cover from Jan. 1988 w the Phoenix Standing Among Burning Fiat w. a Gold Symbolic Coin

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Global Financial Collapse Imminent. The Famous Economist Magazine One World Currency "Prophetic" Front Cover from Jan. 1988 w the Phoenix Standing Among Burning Fiat w. a Gold Symbolic Coin

in freedom •  7 years ago 

While I don't think an economic contraction at the magnitude of the 08 crash well occur, I think a recession of sorts of very likely. The question is, will a recession cause people to liquidate their crypto assets to pay for day to day expense? Or will crypto be a safe haven against weakening fiat? I'd say the former. Stick with precious metals for now.

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