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RE: Are we already half-way through a "Great Depression"

in #money2 years ago

It would be great that we are halfway through it, as it would mean that we have just another half more, but I think that we are rather in 1/4 of this "crisis"... You have pointed out one very important thing, the NARRATIVE! It is so strong that they have created a completely "fake image" of reality and it's hard to determine how things are REALLY going on... That's why I appreciate when people share their stories on HIVE and we can get first-hand basic information...


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In an case I think the crypto market prepared us for a world economy that’s been pretending to be much sturdier than it is. Too much leverage, too many people (banks) investing money they can’t afford to lose (or don’t even have). It’s just a matter of waiting til all the fluffy money is out of the market, or the US fed pivots and the game continues I guess...or until hyper Inflation hits a few more countries and they realize BTC will help them more than USD

or until hyper Inflation hits a few more countries and they realize BTC will help them more than USD

This one is a saver!!!!! You nailed it! People WILL realize that BTC will help them more than USD! And that will be a turning point!