Looks like something big is coming in the world of traditional economics and finance. According to the IMF, the economy might slow down in a few years, USD has been falling since early 2017, and even China is decreasing interest rates in a rush to devalue its currency.
It is unlikely that any serious damage to the global economy will take place this or next year. But in a longer term, say over the next few years, one might be advised to prepare for some sort of a economic/financial crisis. Since you guys are reading it on Steemit, you might have an idea or two on how to prepare. Cryptos, gold, silver come to mind.
Stay safe. Upvote & follow :)
Hopefully no global economic crisis as happened in 2008, which began in the economic crisis of the United States, then spread to other countries around the world.
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Great post and I totally agree, the punch bowl will be empty soon.
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This post has received a 3.62 % upvote from @boomerang.
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You got a 19.08% upvote from @dailyupvotes courtesy of @myfinanceteacher!
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OK, so Obama with a complicit republican congress prints at least a trillion dollars and you wonder why the dollar is dropping ? Anyone who thought that was going to end well doesn't read history. The only possible way out of this hot mess is thru huge and sustained growth, be thankful for Trump. The swamp is wide and deep.
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