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RE: DID OUR "WORLD LEADERS" JUST PUSH GLOBAL RECESSION AWAY from our doorsteps?

in #economy5 years ago

Hey @crypto.piotr,

Generally, printing more money or increasing debt is a sign of a struggling economy. My opinion is that the politicians making these decisions only care about one thing - the next election. They will do whatever it takes to get themselves re-elected, regardless of the long term consequences. If they think that putting in a provably poor economic policy (printing more money)will delay an economic slowdown until after the next election, they will happily do so.

I think that a major economic crash is coming, not sure when, but it is on the horizon. I just hope that I can build enough of a position in Crypto in time to ride it out. Crypto is going to become a "safe haven" investment (among other things) during times of economic uncertainty, I believe.

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Thank you for this excellent comment @jk6276.leo