Topic: How to stop the world recession that is soon coming. (Read 432 times)

I think that we can't stop the recession. They are parts of our economical system.
Having some funds for a rainy days will help you a lot.

Good point and alot of people believe that but on a macro economic scale that point has been made repeatedly since the 1960's I think.    Its quite a famous bet made between two scholars of the different dynamics to production vs demand in world economy with one thinking commodities would become impossibly priced from too great a population growth.   The bet was won by the scholar who forecast capacity production would expand over time, seems similar to the famous peak oil argument and go back hundred years we had peak coal but nobody is too bothered by capacity development of that vital resource of the steam engine age.   Coal is still useful, I use it often but the world development has been beyond imagination and we didnt rely on coal singularly as much ever again as we did back then.
   Have more faith in human innovation and I say that as a skeptic who thinks it will all blow up because humans also make stupid obvious mistakes but we'll recover after too, I dont agree with the major problem of people who can be productive.

https://en.wikipedia.org/wiki/Simon%E2%80%93Ehrlich_wager

I think that an ever growing strain is being put on natural resource. Including meat, crops, etc. I remember back in 1999 that the world population was 5 billion, and that felt like so much. Now it's twice as much. That's a major problem.

Education will be the best weapon but the problem lies to the people that's being involved. Even how hard the government pushes this kind of goal helping the poor to become educated, do they care and willing to learn? It's sad and happy at the same that there are still some few of them that really wants to get out of poverty and sees education as the gateway of it. And the sad part, some of them that doesn't have the same mentality.
There should be a subject inside that curriculum that tackles about financial matters, management and teaches what a recession means because until now, many still don't understand how it can affect their lives.

I don't think it is enough, and I'm assuming that we can't really stop recessions from happening because it is a global phenomena. Government can also do that much, but I'm sure sooner or later everyone will be affected and no one will be immune to a global and worsening financial situations.

On the other hand, crypto is a good option for all of us, might not be proven yet, but I'm sure we all know that we can take advantage of it and could really put our nose above those who didn't look at crypto in a positive way.

i think its instant solution , but have bigger negative effect to economy. there are better ways to make economic activity running smoothly again , such as cut rate that will make people prefer to use money for business than saving in bank. or maybe taxes incentives that usually businessman hope in many countries. and your right many countries be victim by doing wrong strategy to overcome recession.

Most items are not so easily fungible, tradable and worth the transportation to attempt to monitise the asset for profit.    The real easy way to stop misdirection of government expenditure is to make it a bare minimum, there is no great advantage to moving cans of beans from one part of the world to another and also trying to stay out of jail while doing so.    Its just not the worth the bother, if government starts to give away free fuel then yes corruption is likely and can become widespread creating false markets, a snowball effect.

People have a simple right to basic opportunities to better themselves, not gifts to any great extent.

Printing more money is going to be a short term solution. You don't know how badly it is going to affect the whole economy in the long run. Think about the inflation that will take place. A government can't just print money whenever they want. Printing money would cause the supply of money to be very high, thus reducing the value of the fiat currency. Look what happened to Zimbabwe and Venezuela because of them printing money recklessly.

Job specialization is a bitch. So much of the workforce is composed of all manner of paper pushers, professional wordsmiths, and unskilled laborers. We now have a society where people have no idea how to be self sufficient. That encourages the status quo.


Who owns everything? Productive land, food production, energy production, and so on. If it's (private sector) corporations who own it all, people will still obviously depend on corporations for jobs.


Interesting idea. Something worth contemplating.

Changing personal behavior is the first step, stop wasting resources (food, water, electricity, time and the list go on), we must be more efficient in what we do with minimum of resources, this way recessions can be avoided.

But governments do not want educated people that know about things like the economy and the events that are to come thanks to their mismanagement, this is why they do not really teach in schools how the economy really works and the fraud that fiat really is, so there is no way to stop the recession that is coming the only thing you can do is to protect yourself by avoiding debt as much as possible and invest in assets that will be a store of value in the future.

How would they do it? If the politicians are just mere hands of those big companies? Stocks right now is on fire, not a lit fire but fire in hell, there is just no way you could possibly get your money in it as you injected it. Recession is avoidable and preventable it is just a matter of changing the system but it seems like the government are being puppet by these wealthy people who does not even care about the poor people. As I see it now, we are not that close to the recession we can still run things to avoid it.

The current economic system is has recessions and booms as one of its vital elements. We cannot avoid either recessions or booms.

What we can do is to limit the damage/increase the resistance of people and companies.
We can try to teach people to avoid going with the hype and panicking with the heard when investing (remember dotcom bubble burst?), and diversifying their portfolios. The bigger challenge would be to make people to stop living on a loan-fuelled consumption model. Live more modest, avoid loans, instead of showing off with gadgets and holidays (yup, there are such people) start saving (maybe buy BTC with some of your savings?) so then in worst case scenario (unemployment), you have enough savings to be able to live 6 months without a job.

As well, few last recessions were fuelled in a huge part by banks themselves - giving very risky loans to people who were unable to pay them off (eg. mortgage crisis in the US) or made shady/risky investments which either caused the collapse of some banks or declaring them "too big to fail".

Anyway, many economists claim you can see the recession coming by checking industrial production and housing reports - of these go down significantly, we are close to the recession.

The short term solution for recession and the mass homelessness that has become all too common is for governments to donate state owned land towards the cultivation of food crops and housing for the homeless. While hiring volunteers to oversee and manage the operation.

On a fundamental level, negative trends associated with recession / depression are enabled due to society relying heavily upon public and private sectors providing jobs, income and other necessities.

A paradigm shift defined by more independent and self sufficient living. A lifestyle where people become less dependant on corporations for jobs or governments could be one solution to automation driven job loss. A high tech sustainable society that grows its own food, produces its own energy, fuels and maintains its own transportation and so on. Could go a long ways towards reducing reliance on public/private sectors to maintain a good standard of living. The humble origins of which could be found in off grid permaculture movements with organic crops and renewable energy generated by solar panels/wind. One step towards ending recession could represent passing laws and incentivizing a movement away from big cities towards more rural off grid living utilizing sustainable, self sufficient, frameworks.

And of course, crypto being extremely flexible and progressive. Altcoins could be designed to help fuel innovative humanitarian movements such as these.

The entire market is heating up today!! Why would you want to stop that? Just sit down and grab your pop corn and enjoy! This is the cycle we have been facing every decade, some young lad die trying to fight it, many die in 911 incident, 2008, 2020, it is life!

The trouble with status quo and the stock market being great is that people are no longer having that sort of money to support those companies profits anymore.

A company can make as much money as possible, the stock market as a whole could profit like it never profited before but that means they are getting money out of poor/middle class people into richer people and eventually those companies who sell stuff to poor/middle class people will find out that when you take their money away, they will not be capable of buying from you anymore since you took all of their money, when they stop buying from you because of this, you will not have higher shares, you will not have higher sales, you will go down with the public that you helped screw over and that is when recession happens.

that is not something small that anybody could change, even if you could find a way it could take at least a century to change things because we are talking about the fundamentals of society. things that have grown deep roots in all aspects of economy and our lives. and their corruption runs just as deep. we saw how they ruined the world economy back in 2008 and absolutely nothing has changed in the past 11 years either!
we only have bitcoin now that could give us a small way to run away from their corruption.

Recession, economic inequality, and poverty are the result of corrupt fiat money systems with banks and interest systems that only benefit some groups. We must correct the system errors that make the gap even bigger starting with minimizing the role of banks which incidentally only benefits the rich because they can utilize funds from middle and lower class customers who save money in the bank because they have collateral to get loans to banks. Start not to save at the bank and not borrow from the bank.

Start to be independent and maximize the pluses that we have. dependency is identical to exploitation. Don't let the upper classes use the middle and lower classes to benefit. Break the flow of money up, so try to make money revolve in the middle and lower classes. So that the middle and lower classes will be more prosperous. The simple action is to buy products from home industries, shop at stalls or traditional markets around us, not at supermarkets, and create products that are the counterparts of large manufacturers.

Switch to currencies with intrinsic value or have 100% collateral. So that money is not used as a speculation tool and can be calculated in real terms.

There are many ways to deal with a recession. One of them is by saving money when the economy was good and then spend it in the recession (this is Austrian if I'm not mistaken). Or by using loose government policies (Keynesian).

You might find this article interesting since it is from Friedman's point of view. https://fee.org/articles/the-great-depression-according-to-milton-friedman/

Education does not solve the problem of the poverty rate. Take, for instance, a country like Nigeria has a high level of literacy 7 out of 10 people are educated but the poverty level has not improved. Nigeria is one of the countries that has a high level of unemployment. This is the reason why I do not think investing in education can solve or reduce poverty but rather a systematic way of improving the standard of living by providing soft skills and entrepreneurship which i think can improve standard of living