Since the global financial crisis of 2008, all major economies have kept interest rates at or close to zero and maintained large fiscal deficits. A decade of massive, synchronised monetary and fiscal stimulus has led to the greatest asset bubble in history, to the tune of about US$100 trillion, nearly 1.5 times the world’s GDP.
Quantitative easing’s excessive money printing drove all financial assets, e.g. stocks, bonds, commodities, real estate and cryptocurrencies to record highs .
What happen when the bubble finally burst?
How will a global market crash/recession affect Cryptocurrency?
Can Elastos survive the crisis?