Prediction
2030: Financial services
Financial services: We used to take out mortgages and loans to acquire the things we wanted, but now we simply get the things that we want for but a short time, and then move on to the next thing. We generally just share the stuff that we need rather than purchasing it for the long term. The result is that most banks are now just short term lending...
Financial services: We used to take out mortgages and loans to acquire the things we wanted, but now we simply get the things that we want for but a short time, and then move on to the next thing. We generally just share the stuff that we need rather than purchasing it for the long term. The result is that most banks are now just short term lending institutions. The concept of cash has also disappeared, but die-hards are still talking about BitCoin as the 'next big thing' (But that went by the wayside when the UN outlawed cyber-currency because of the massive environmental damage that occurred through the energy resource usage that was required to support it!)
20-trends-into-2030foresight-receipt
Prediction #14 in 20 Trends into 2030.
Financial services: We used to take out mortgages and loans to acquire the things we wanted, but now we simply get the things that we want for but a short time, and then move on to the next thing. We generally just share the stuff that we need rather than purchasing it for the long term. The result is that most banks are now just short term lending institutions. The concept of cash has also disappeared, but die-hards are still talking about BitCoin as the ‘next big thing’ (But that went by the wayside when the UN outlawed cyber-currency because of the massive environmental damage that occurred through the energy resource usage that was required to support it!)