Topic: Global recession alarm, safe money - page 2. (Read 1000 times)

This is a must, fiat is losing value at an astonishing speed and we cannot afford to lose years of savings just because governments decided to experiment with the economy during the covid pandemic, at most we should keep a few months of salary as an emergency fund and the rest must be invested in assets which can perform the function of being a store of value, I know this is not an easy thing to do but if we do not want to lose our money then this is something we must do.

Simple. Don't store your money sleeping in the bank or anywhere, let it work for you. Just like everyone else here is doing, diversify your fiat  and invest it to an asset that will secure a long term profit. That's the only things that keeps you away from hyper inflations, global recession, and things like that.
Since you're here in this community, I'd like to reiterate to you that Bitcoin is one of these options you can get rid of your fiat from getting affected by inflation.
Now, the most important part of it is how you manage your investment and financial budgeting with your daily necessities, for you to avoid withdrawal from any of your investments.

There wont be a global GDP recession occurring, we will see people grow poorer relatively in wages vs costs because of all the inflation and money printing done but overall on a country basis the world will continue to have growth I think.

State debt is cheaper to service because the money is now worth less, this is the primary motivator for the inflation and destabilizing of the currency to enable excessive fiscal overspend and large governments.   The problem is that because its encouraging larger government people grow used to large state spending projects and it becomes normal.     If we merely repaid the debt it would only last as a problem for a moment but its now a continual repeating problem hence the idea debt grows larger.  Without continual government support many will starve even, if this is true in the richest country in the world its a definite in some of the poorest.  The final end game is the debt is wiped out as the money becomes worthless, its happened before and likely at least a few governments will repeat this again; this causes the entire nation to suffer uncertainty and lack of investment hence recession.  
  I think eventually we see people back commodities as proxy currency including Bitcoin apparently as a global security commodity not reliant on political support.   Commodities are hard to retain, this is a hard market to benefit from unless you are a very large company the system has become quite biased against normal workers receiving weekly wages.

The move of investors to other countries, of course, will make the country that was once occupied by these investors more difficult. Because countries that still have debt, of course, have to make more efforts to get investors because the country can have additional income when there are investors who want to invest in the country.

Investors are free businessmen who always provide benefits to the country, because they always have to pay a certain amount of fees based on existing provisions in the country, because investors are people who are looking for big profits from the business they like. And obviously it's very natural for investors to move to countries that have lower wages than countries they've explored before, because that can also help them spend more money.

Recession in the world is caused by human, leaders are not interested think of their citizens. A leaders supposed to know that the number of people (population) of  his or her country which can be used to plan against the inflation, recession and others but they are only there to analyze.

The steps to take to avoid unwanted risk to be brave in the investment.

The world was actually recovering quite nicely after Covid, if we ignore China's ludicrous attempt at Zero Covid and it's ripple effect on the rest of the world with their factories facing all kinds of shutdowns. The current crisis causing the most pain is Russia's unnecessary war of aggression against Ukraine, affecting food prices and energy prices in the biggest economies of the world. When the biggest economies suffer, everyone else will suffer too, all brought down by the greed of that tiny man trying to create a Hitler-like legacy, Putin. Sensible investors would diversify their assets as wide as possible, through many companies and also through lots of different collectibles including gold.

Those debts will be highly increased by this time, they will get enough returns from those debts. Reasons why we should avoid debts.
Some good areas to invest during recession are gold, agriculture. I agree with investors looking to move to under developed countries to invest. That way they will help in creating job opportunities and also help a little in the flow of the hoarded money.

Ready or not, the recession is going to happen. It is unavoidable but of course, it is always better to be ready for everything not only if there is a recession as it helps us lessen its effect. Only those who are unprepared will panic and suffer greatly. They can do wrong decisions like selling their assets which is a bad move because assets prices right now are also declining.

All markets are affected by the recession so withdrawing it and transferring it to another doesn't help. The only way to secure assets is of course pull them out of exchanges if you are not using them for now and make sure that you are using a wallet which are trusted enough. It's also best to use a hardware and offline wallets for storing a crypto.

The government in my country has also given a warning that at this time until the time that is difficult for the economy will be sluggish, the state debt continues to increase and many investors move to other countries because they are looking for cheaper labor wages, of course this is a difficult thing we have to face, but We must be optimistic that there is always a way out.

Hard to see the market of real estate crash especially if the demands will became more higher. Places are been well develop over the years so if more development happen in a country the price of each real assets will be drag to so expect that we cannot see a cheaper price or a house unit if you see your place is so progressive. If you have money today then its good to buy some assets since for sure in 5 to 10 years  the price of it will became more expensive.

That was an amazing play that in all honesty I would not dare to take, I am way more conservative in the way I manage my finances and even if this limits the profits I can get this also limits the losses I can suffer.

However your strategy in a way is similar to mine, right now the price of real estate is really high where I live, but to me this is just a bubble that sooner or later will explode, so I am waiting for that day to come so I can buy a house for a huge discount when the market finally crashes.

Yes we must be wise in choosing and managing assets during a recession,
besides that we also don't know exactly what asset movements will look like during a recession,
obviously crypto is famous for risky investments

Either you would be pulling it out or would just really be risking it on letting go or would continue despite of the current economic problems that we are facing.
If we do speak about inflation then its an inevitable thing but lets just stick into those people or investor on what they are doing.
Trying out to have various sources as much as we could.

We wont really be feeling out or would really be having problems on sustaining the current condition if we could really sustain out
then that what matter the most.This is why its wise on finding ways on getting income on several sources.

The government knows very well what's going on and they've got a plan for all of this, but you know, in order to have peace, you have to barter something. So they will be willing to ignore and sacrifice some things that they consider unnecessary for them, here are the poor, the wage earners. With this situation I think we have entered a recession, that is just the beginning, we should not expect too much help from the government or anyone but should take care of ourselves. Do everything you can to survive during this period.

Gold and Bitcoin would be the king of assets for people to keep their savings against this inflation. If you look back when the 2008 Mortage crisis, gold pulled a massive rally up to over $2,000 per ounce a few years after that when inflation was at its peak. Today, we also have Bitcoin so both can be alternatives for people to invest in. More basket is always welcome to lower your risks. Sure, FED tried to increase the interest rates to pull back the dollar rate, 'export inflation' to the world after their massive 'print money' in the covid pandemic a year ago. But this in the long term will harm other sectors of the economy of both US and the world.

There aren't any "safe" assets during a recession that's immune to fluctuation. There's only assets that are less volatile. I wouldn't call crypto a safe haven but it's worth diversifying into along with precious metals and cash.

The caveat with cash is that you're limited to stable currencies, which historically was USD. Problem is, USD is inflating to quickly to consider it a stable asset.

Yes, this is invited to think, If we choose a large enough investment size, it will certainly reduce risk opportunities and the possibility of deflation. At the same time as our own ability to assess the potential return of this asset should not be too high or too low. An ideal that is very unlikely for a seller or an advertisement to have, so as not to live up to their own rapidly increasing expectations of their investment or even their loss.

The most important thing is the case and speed. If our advantage is false, but also able to ignore the temptation, although it is still a little. As far as possible the urgency of the COVID-19 Pandemic must be considered and indications of the pandemic must be controlled so that it does not spread wildly out of control, once again repeated mistakes.

Things are getting worse everyday and we need to get prepared so that we will not fall victim to this inflation that is making the price of goods and services to increase everyday with increase in salaries. Things are really happening to salary earners making some persons to quit there job just because of the all these things that is making the price of foods to increase.
I think the government knows to fix all these but I think they are not really interested in helping matters and this alone is going to make many people face it raw. Those who are very much financially bouyant will be better of this time.

It is easier for people to invest into gold because they know in their brain that it will always recover and it's a valuable thing and its scarce so it can't be printed like money. The moment they eventually realize that bitcoin is similar and people can't make money from it like fiat, and you could always trust it to get back, and if you could end up with a situation where you can even spend it, then they will realize how amazing it is.

So far too many people considered it as get rich quick type of investment and didn't trust the credibility of it, and if they could end up with something better in the long run like gold, they would invest a lot more into it.