Is recession coming actually? - page 3.

imamusma

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Quote from: Minecache on November 10, 2022, 07:21:49 PM

It's hard to say exactly whether we've entered a recession or not yet. From what I know and the daily economic reports, we are only in a crisis phase and have not really entered a recession because a recession will have more serious consequences than now.

It literally seems like your point of view is correct, but the current economic impact has led some to think that we are in it. Recession at a narrower level can be interpreted that most people's purchasing power has decreased drastically in the market so that the impact is quite a lot of micro-businesses that have been developing so far have to go bankrupt due to lack of purchasing power. Maybe now the impact has not been at the global level, but nationally it may have been.

The income of micro or macro businesses has been declining due to lack of purchasing power, it is clear that this will threaten their cash flow so that there is no balance. If this continues for a longer period of time, then a global recession is bound to come.

tuertezii

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This is the law, the bull market will not come without a recession now, terrible, many of my friends are unemployed, and now they are selling BTC to repay bank loans, the actual situation is very grim.

TanhyaTrudy

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We can't change the external environment, so we change ourselves. Whether it's going to be a recession or not, be fully prepared and cash is king.

boyptc

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Quote from: Kadal Ijo on November 11, 2022, 03:01:32 AM

Recession will always come because all countries continue to print money, while production does not increase significantly, a natural thing as long as we can increase income, and never complain when recession, from now we must be active to increase income.

It's the effect that we're having right now because most countries have printed money during the lock down days because they have to. But now that economy of most countries have come back.

Most of them now has to deal with it and if they can't remove it, they have to slow it down because most countries are also suffering from the increased rates of what the FED has made.

Thuy Anh

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Maybe the economy isn't going backwards, it's just that we're running out of money. In this situation, the rich will only get richer.
Ordinary people can't change anything. Prices have not changed, and it is still very convenient for us to travel, but there is less and less money in our pockets.We should make every investment and think about whether the consequences are something we can afford.

valeneu

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The global economy has faced difficulties since the Covid-19 pandemic. Much of our way of life has changed, prices and unemployment have risen, and the economy has become more difficult. Resolving options should be developed in order to avoid more problem solving.

Kadal Ijo

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Recession will always come because all countries continue to print money, while production does not increase significantly, a natural thing as long as we can increase income, and never complain when recession, from now we must be active to increase income.

Minecache

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Quote from: 19Nov16 on November 10, 2022, 03:01:17 AM

I have felt the recession and now it is increasingly difficult to meet the needs of life, many prices for daily needs that continue to rise so I have to reduce sleep time to find alternative income, but I think that there is always ease when we have difficulty.

It's hard to say exactly whether we've entered a recession or not yet. From what I know and the daily economic reports, we are only in a crisis phase and have not really entered a recession because a recession will have more serious consequences than now.

Today, the US announced a CPI index of 7.7%, much lower than the initial estimate of 8%, showing that the US economy is recovering despite having 2 previous negative growth quarters. While the inflation of the EU countries has reached double digits, it is likely that they will enter a recession early next year. We're just facing the risk of entering a recession, not really in a recession yet.

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Quote from: Punakawan on November 02, 2022, 09:13:25 AM

It's hard to say whether at this time the recession has occurred, I am still in school and get the full fee from my parents so I do not know the economic conditions, but the thing I feel is the price of food and the needs that I bought more expensive.

Being in school doesn't stop you from knowing how economy condition is. Are you getting your school and pocket money very quick from your parent as before? Things are so hard in most developing countries this day. I can say we are seriously close to recession.

BITCOIN4X

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Quote from: Raflesia on November 10, 2022, 04:26:53 PM

Nothing goes out without feeling the repercussions and we have to deal with this instead of whining and complaining because it won't do much good.

Of course you are right, the average person will definitely feel the impact even if they are people of the upper or middle class economy. I am sure that all this time, micro-enterprises are in difficult times, the turnover they get is not what they expected so that their financial condition is disrupted. It's an impact that won't go away even if we complain, but it will probably be a little different when we're patient and work out a solution.

There's a recession, we're in it. So even if not all of us really feel it, we are already in it.

Raflesia

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Quote from: Fara Chan on November 08, 2022, 04:10:07 AM

Quote from: Raflesia on November 08, 2022, 03:13:43 AM

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

Currently, almost all countries are experiencing depression due to recession caused by several reasons, the power of the state cannot fully withstand the recession, the world economy is on the verge of difficulty, even the superpowers are no exception.
Recession is a frightening specter for some countries that do not have independent economic power, this can affect the running of an existing government. It can be ascertained that the impact of COVID-19 is really real, the recession is coming to the whole country.

Actually, if you look at the impact of Covid now, it is one of the reasons for the many things that happen, such as when 2 countries are at loggerheads and so on.
and from this it is difficult not to feel because more or less we as ordinary citizens clearly feel without exception the smallest example of the rising prices of daily necessities today. Nothing goes out without feeling the repercussions and we have to deal with this instead of whining and complaining because it won't do much good.

DrBeer

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Not to say that my advice will be useful for everyone. I am absolutely sure that most people leaving the "comfort zone" fall into the "zone of deep depression", with no way out, until someone changes their external environment. Those. they simply do not want to take any action, waiting until someone changes the situation for them.
Tk here - a recession, it's certainly bad. On the other hand, the deterioration of the situation around often leads to the exit from the market of a noticeable number of suppliers of goods and services, which means that EMPTY appears. Which can be filled with your offers, and start earning where an imbalance in supply and demand actually appears, in favor of demand growth. Think about it !

19Nov16

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I have felt the recession and now it is increasingly difficult to meet the needs of life, many prices for daily needs that continue to rise so I have to reduce sleep time to find alternative income, but I think that there is always ease when we have difficulty.

YouYou0321

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It is also normal for the economy to enter a cold winter when the pandemic comes. Human existence and economy must coexist in harmony with nature. With the current price hike, everyone has no money in their hands, unemployment and bankruptcy are not the darkest days yet.

gabbie2010

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Quote from: Marykeller on November 05, 2022, 07:08:15 PM

We're not only heading to the recession, but rather we are in the recession already. The whole world is experiencing a global recession, I don't think some countries are exceptions to the economic recession already. which is why you see inflation in food, goods and services products. What triggers the global recession we experience right now, is the convid-19 pandemic that happened 2years ago. The whole world is yet to recover from the damage it caused to the world's economy.

Truly we are in a full blown global recession, many companies had started downsizing, it was twitter last week now facebook sacked 11,000 and many other organizations had sacked many of their employees blaming the slow growth of income as a result of global recession caused by Covid-19 unfortunately this is happening at a time when many countries are battling with Energy shortages, the consequences of the current recession will trigger a lot of hardships especially in third world countries with low GDP thus subjecting their citizens into abject poverty it's up to the government of respective countries to deploy every resources to tackle the recession.

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Quote from: justdimin on November 08, 2022, 03:45:23 PM

Governments could somehow manage to put it under control if they really wanted to, but it would be a very hard pill to swallow and no government aims at making the lives of everyone better in the long run, the aim of any government is to get more votes and stay in power. That’s the problem humanity has faced for decades after decades, the governments we elect do not do what would be good for us, they do what is popular and keep them in power.

The government in this case has not been able to fully control, especially regarding solutions to overcome the recession, and we also don't want to blame them too much, even though the government's function is to protect and guarantee the economy of its people.
But in this case they failed to make it happen.

Quote

So, keeping it this way at a damaging but not crisis level gives them "some" advantage, if they did hard recession measures that would make it very hard, and then they would be ousted, and won't get re-elected, which is not what they want.

and maybe this is more on the political side, in this case it may be difficult for us to understand, because indeed if we have dealt with such matters, it will be difficult for us to develop problem-solving options when dealing with them.

Doan9269

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No matter how the circumstance may be you must always plan ahead in preparation against recession because bthis has been something that has occurred on several occasions and has affected many economics and this only start from the advancement of the economy inflation that many thinks it's not something that could lead to have advanced into recession, don't always wait for it coming, plan and prepare ahead against it's coming should in case it eventually comes then it meets you well prepared with divers alternatives to serve as rescue.

justdimin

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Quote from: Fara Chan on November 08, 2022, 04:10:07 AM

Quote from: Raflesia on November 08, 2022, 03:13:43 AM

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

Currently, almost all countries are experiencing depression due to recession caused by several reasons, the power of the state cannot fully withstand the recession, the world economy is on the verge of difficulty, even the superpowers are no exception.
Recession is a frightening specter for some countries that do not have independent economic power, this can affect the running of an existing government. It can be ascertained that the impact of COVID-19 is really real, the recession is coming to the whole country.

Governments could somehow manage to put it under control if they really wanted to, but it would be a very hard pill to swallow and no government aims at making the lives of everyone better in the long run, the aim of any government is to get more votes and stay in power. That’s the problem humanity has faced for decades after decades, the governments we elect do not do what would be good for us, they do what is popular and keep them in power.

So, keeping it this way at a damaging but not crisis level gives them "some" advantage, if they did hard recession measures that would make it very hard, and then they would be ousted, and won't get re-elected, which is not what they want.

Fara Chan

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Quote from: Raflesia on November 08, 2022, 03:13:43 AM

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

Currently, almost all countries are experiencing depression due to recession caused by several reasons, the power of the state cannot fully withstand the recession, the world economy is on the verge of difficulty, even the superpowers are no exception.
Recession is a frightening specter for some countries that do not have independent economic power, this can affect the running of an existing government. It can be ascertained that the impact of COVID-19 is really real, the recession is coming to the whole country.

Raflesia

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Quote from: odunybiz on November 04, 2022, 07:47:16 PM

If the leaders of some countries are not ready to stabilize the economy their country e.g Nigeria, recession may set in soon.

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

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