Today we are starting into the week 5 of the big crisis of 2018 which will be the biggest economic reset in the history of mankind. Today stocks and S&P futures plunge because of Donald Trump who will win a trade war quite easily and Bank of Japan Governor Kuroda who will end quantitative easing in Japan which will really happen. Already in 1988 the British magazine Economist stated that in 2018 the world would be ready for a new global currency. And since the first day of this year we can see the realization of this plan step by step. Starting on the last days in 2017 the interbank lending rate went down to a historical low in the first days of January 2018. Then on February 2 the first big crack in the stock market appeared. This week FED chief Jerome Powell confirmed the four rate hikes in 2018 and that is the signal that we´ll soon have big problems in our economies. We are entering an global economic event which soon will be known as the second world economic crisis in which all fiat currencies are becoming worthless. The prices of gold and silver are waiting since two months for a breakout upwards and bitcoin might follow these metals. WTI crude oil price is also down at 60,56 dollars a barrel and the rejection of the dollar by Iran yesterday and the yuan oil futures (petro yuan) at the end of this month will bring down the US-currency further. Next step is now a big stockmarket crash as a big bang for all of us that our world will change dramatically. We lived in the Truman Show and this show ends now. Our way of life has gone forever. The biggest credit cycle is ending now with fireworks and we have to take care of a new financial system based on the blockchain. The central bank system has to end now after more than 300 years otherwise our future is not as bright as most of us think today.
I highly doubt there will be an economic reset. We've known there would be rate hikes once QE ended when QE started. That's the point of QE (to artificially lower interest rates by printing more money). Large domestic corporations like Apple and Cisco are largely unaffected. They don't need to borrow cash, they have more than enough on hand. Raising interest rates will only allow them to gobble up businesses easier. As the companies strapped for cash may have troubles borrowing and selling may look more attractive.
Cool, following you. Whats your current favorite coin/token?