2020-7-16 19:09 |
The British economy has contracted this year ten times more than at the height of the financial crisis in 2008 according to the latest data by the Office for National...
Similar to Notcoin - Blum - Airdrops In 2024
2020-7-16 19:09 |
The British economy has contracted this year ten times more than at the height of the financial crisis in 2008 according to the latest data by the Office for National...
Similar to Notcoin - Blum - Airdrops In 2024
As the effects of the lingering COVID-19 crisis continue to unfold, the Federal Reserve has continued juicing the economy with stimuli. However, as in 2008, the Fed recently announced that it has put a cap on buybacks and dividends for large banks.
2020-6-27 10:10 | |
Vittalik Buterin, the Russian-Canadian Co-Founder of Ethereum, took to his Twitter handle on June 2, 2020, to state categorically that fixing the global economy is no longer the most pressing issue facing the world in 2020, as compared to 2008 when Bitcoin was created and as such the crypto community must start looking beyond justRead MoreRead More.
2020-6-3 14:42 | |
Deutsche Bank estimates Spain’s economy to be worst hit with a fall of 20% in GDP for the first quarter of 2020. All major economies are expected to contract as... The post Deutsche Bank Predicts GDP Plunge of 10% to 20%, But China Says Not as Bad as 2008 appeared first on Trustnodes.
2020-4-8 18:01 | |
The coronavirus outbreak has sent shockwaves through the world’s economy and this has caused politicians and central bankers to react in various ways. However, global market leaders, Wall Street CEOs and hedge fund managers had one of the best years in more than a decade since the 2008 financial crisis.
2020-4-5 20:50 | |
The Dow Jones fell on Friday as the IMF warned that the economy faces a recession as bad as 2008-2009, if not worse. The post Dow Recoils as IMF Warns Recession Could Eclipse 2008 Crash appeared first on CCN.com
2020-3-28 22:46 | |
The U.S. housing market could take a massive dent this year as coronavirus threatens to derail the economy and cause a recession. The post The Coronavirus-Driven U.S. Housing Market Crash Could Be Worse Than In 2008 appeared first on CCN.com
2020-3-23 21:30 | |
As efforts to contain the coronavirus tip the world economy into recession, lost production will crash a record debt bubble worse than 2008. The post Fear a Coronavirus Recession? The Debt Bubble Crash Will Really Make You Panic appeared first on CCN.com
2020-3-23 15:00 | |
The coronavirus continues to drag down the stock market and economy, both of which will take a long time to recover. The post Dow Ends Worst Week Since 2008 as Coronavirus Shuts Down Global Economy appeared first on CCN.com
2020-3-23 23:15 | |
The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008.
2020-3-4 16:20 | |
Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.
2020-3-4 19:33 | |
Economic money policies across the globe have been thrown into the spotlight of late with some major central banks, like the US Federal Reserve and the European Central bank, adopting policies to try and prop up a flagging economy, but Bitcoin could serve as yet another alternative.
2020-2-7 02:37 | |
Those who have followed Alan Greenspan’s career know how his tenure as a Federal Reserve chairman propelled the U.S. economy to the brink of disaster. The monetarist, who the Time Magazine named among the 25 people that caused the 2008 financial crisis, conveniently blocked efforts to crack down on the abusive subprime mortgage loans, promoted […] The post Central Bankers Won’t Listen to Senior Alan Greenspan’s Digital Currency Views appeared first on CCN.com
2019-11-13 20:13 | |
It is being predicted that the chance of a global recession is now as high as it was in July 2007 — just before the 2008 housing crisis sparked a massive downturn in the economy. However, even if it is an ‘Everything Bubble‘ approaching, it will probably be a Growth Recession that follows.
2019-10-22 01:09 | |
We have had Tulip Mania, the South Sea Bubble, the Dot-Com Crash, and the 2008 Housing bubble. Now, we are potentially heading towards the ‘Everything Bubble’ — but does this include Bitcoin? The global economy is currently on tenterhooks.
2019-10-21 21:59 | |
The Banking crisis of 2008 was one of the key elements that fueled the invention of Bitcoin. The advent of Bitcoin exposed some of the pivotal flaws of the centralized banking systems which were largely ignored as there were no alternatives.
2019-10-21 01:30 | |
Despite the fact that mortgage-backed securities helped tank the economy during the financial crisis of 2007–2008, banks are once again getting more heavily involved with mortgage bonds after the Trump administration proposed privatizing and downsizing Fannie Mae and Freddie Mac earlier this month.
2019-9-17 22:23 | |
Dow Jones futures point to another weak open on Wall Street on Wednesday. As Federal Reserve chairman Jerome Powell prepares his speech to Congress, a crucial recession light is flashing red. The New York Federal Reserve recession indicator is now at highs last seen in 2008 when the US economy collapsed.
2019-7-10 14:15 | |
Central Bank-Backed Crypto? Bitcoin — and other early crypto assets by extension — were bred in the aftermath of the collapse of the U. S. economy in 2008. Known as the “Great Recession“, the market disaster.
2019-7-2 10:45 | |
Federico Pecoraro, CEO of Italy-based crypto-company, Chainblock, made waves in the cryptospace after he suggested that Italians were shifting to cryptocurrencies owing to the country’s growing economic problems.
2019-6-24 18:30 | |
By CCN: At a recent campaign stop, Joe Biden balked at the idea that China competes with U. S. businesses. The apparently-clueless former vice president actually pointed to disadvantages in the geography of China’s territorial land.
2019-5-2 19:06 | |
US credit card debt has spiraled to a staggering $870 billion, a new record. The debt pile is going to be of significant concern to fiscal hawks who will be particularly concerned by the fact that the amount is continuing to push higher despite a booming stock market and positive growth in the US economy.
2019-3-5 22:07 | |
Noted bitcoin basher and Nobel Prize-winning economist Paul Krugman has warned that the global economy could be headed for a recession this year, according to CNBC. Per Krugman, the recession could occur towards the end of this year or in 2020: I think that there is a quite good chance that we will have a recession late this year (or) next year.
2019-2-12 18:35 | |
In their latest report, Max Keiser and wife Stacy Herbert kick off by discussing a recent note by JPMorgan to its clients. One of the most corrupt institutions of our time proclaims that cryptocurrencies would only have value in a ‘dystopian economy’ in which investors had ‘lost all confidence in all major reserve assets.
2019-2-2 23:00 | |
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
Cyclical development of the market economy is beside the doubt. The nature of capitalism is such that periods of development alternate with periods of recession. Usually they are separated from each other for decades.
2018-12-3 21:50 | |
Former US Congressman Ron Paul believes that tax-free cryptocurrencies may help navigate the economy past recession. Paul, the consummate libertarian and eternal critic of the Federal Reserve, believes that the abolition of crypto taxes may help avoid a crisis similar to 2008’s recession.
2018-10-31 04:00 | |
What follows is an open letter from Jimmy Zhong, co-founder and CEO of IOST, to his team members and shared with Bitcoin Magazine with permission. Recently, I’ve been thinking about an ultimate way of safely storing value — gold, Bitcoin, real estate and power all came to mind.
2018-8-23 22:20 | |
Since the original third-party apps were made available for public download in 2008, not much has changed with regards to the mobile economy. The ways that mobile publishers generate revenue have cycled every few years between pay-to-download apps and free apps supported by advertising, in-app purchases, or subscriptions.
2018-7-4 04:30 | |
Michael Greenberger says unregulated credit default swaps could take down the economy—and taxpayers—again In 2008 unregulated credit default swaps brought the economy to its knees. Ten years later, they may poised to do so again—unless policymakers reign in the big banks.
2018-6-22 11:27 | |
The financial system is still under a lot of pressure. Since the financial crisis of 2008, very little has changed to alleviate existing concerns. IMF chief Christine Lagarde acknowledges the global economy is not in the best of places right now.
2018-6-12 14:32 | |