You have to go back as far as the late 1800's, early 1900's, to see a time when the Global Economy was in such a bad state as it is today.

Actually, there is no precedent for the upcoming crisis. If I may cite Mike Maloney: “This is a process that's been going on over and over again throughout history except this time it's happening on a global scale. It has never before happened in all countries at once. And that means that this is the greatest wealth transfer in history.”

Never before World has been interconnected like it is today. So, the consequences will be worse than anyone can think, and for the good side, recovery can be quicker than anyone could imagine – but only on a blockchain background.

Keep Steeming, Stephen!