The
Financial Times article reported what I consider to be the most significant piece of the report: «Particularly for countries in the late stages of financial booms, the trade - off is now between the risk of bringing FORWARD THE DOWNWARD LEG OF THE CYCLE AND THAT OF SUFFERING A BIGGER BUST LATER ON» (emphas
Financial Times article reported what I
consider to be the most
significant piece of the report: «Particularly for countries in the late stages of
financial booms, the trade - off is now between the risk of bringing FORWARD THE DOWNWARD LEG OF THE CYCLE AND THAT OF SUFFERING A BIGGER BUST LATER ON» (emphas
financial booms, the trade - off is now between the
risk of bringing FORWARD THE DOWNWARD LEG OF THE CYCLE AND THAT OF SUFFERING A BIGGER BUST LATER ON» (emphasis mine).
I put what I
considered to be my first
significant amount of savings into time deposits (another name for CDs), which I figured were simple enough
financial products that carried no
risk and would return me my principal plus interest after a certain amount of time.
When
considering that even the most premier
financial institutions are susceptible to liquidity problems, it becomes apparent that the drastically volatile cryptocurrency markets are at
significant risk.