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by xtracto
3125 days ago
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There is a school of though in economics that believes that in the current ~20 years economy, there is a recession every 7 years (roughly 2008, 2001, 1994). This school of thought thinks that a recession right now is due and some people think that it is already cooking. I think the value of cryptos (BTC, BCH, ETH, etc) will be pushed up when these recessions happen. The value of Gold went up in 2011 due to several factors. EU instability because of Greece was part of that. There was also some USA instability that caused some further grow in Gold price (I don't recall precisely which came first, US or Greece issues). |
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