Next Looming Financial Crisis Is A Potential Boost for Bitcoin
Back in January of 2016, a warning was issued how the world should brace for the impact of a new financial crisis. Given the recent financial crisis, the question becomes whether or not there are any signs of recovery, or if things are worse for the wear. Depending on which country one resides in, there might be a slight improvement although a large part of the world is still working towards stabilization. If a new financial crisis were to take place tomorrow, things could get kind of interesting for Bitcoin to say the least. Despite what financial experts may want the general public to....
Related News
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next few months. Just recently PWC’s real estate practice published a report called “The 2021 Emerging Trends,” which shows city ranks have changed a great deal since the coronavirus outbreak. For instance, for a number of years, the city of Seattle was a top ten city for real-estate....
Anyone with a brain can see the principle of the European Union is not necessarily beneficial to most member states. It is evident the financial sector is still going through a lot of issues as we speak. The next economic crisis may come upon us a lot sooner than most people anticipate. In fact, it appears things will take another turn for the worse where Greece is concerned. Moreover, the country violated the terms of the EU bailout with some of their recent developments. Introducing economic changes in a country suffering a significant crisis is never easy. For Greece, that situation has....
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money.
Michael Burry’s Recession Warning
Famous investor and founder of investment firm Scion Asset Management, Michael Burry, warned on Friday about a looming consumer recession and more earnings trouble ahead.
He is best known for being the first investor to foresee and profit from the....
Bitcoin (BTC) has recently sent a cautionary signal to cryptocurrency investors, with Bloomberg Intelligence’s senior macro strategist, Mike McGlone, issuing a stark warning amid the renewed hopes for exchange-traded funds (ETFs). Despite the BTC’s resilience, McGlone suggests that its recent price decline could foreshadow an impending liquidity crisis, especially in a financial landscape characterized by […]
In a proposal laid out in the Wall Street Journal, former Speaker of the House Paul Ryan has advocated for a novel fiscal strategy that integrates cryptocurrency, specifically dollar-backed stablecoins, into the US economic framework to counteract the looming threat of a national debt crisis. Ryan, a prominent figure who led the House of Representatives […]