Is recession coming actually? - page 6.

Zlantann

legendary

Activity: 1050

Merit: 1100

Quote from: a298b112 on October 31, 2022, 03:54:58 AM

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Recession is when a country experiences a fall in Gross Domestic Product for two quarters consistently. But the recent recession is affecting almost all the economies of the world because many countries have even experienced more than two quarters of fall in GDP. In my country we are not on recession but the effect of the recession experienced by other nations have increase the prices or goods and services. The high cost of gas and crude has affected my nation's economy that we might be heading to recession in few quarters. The main triggers of the recent recession most nations are facing is the negative impact of Covid-19 lock-downs and the Russian invasion of Ukraine. I am not really blaming the government of my nation for the economic hardship because the causes of it are uncontrollable external economic factors.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

With energy crisis and inflation is uncontrolled by FED, we're sure going there if recession isn't what we are experiencing right now. While we have prices keep rising and winter is here, we sure are going to find it hard to make it if there ain't a lot of savings we have in our pockets to spend.

Yes. Recession can't be avoided if government policies will not be changed. Somehow though only the EU are suffering a lot which is also because of the Ukraine-Russia war.

Coyster

legendary

Activity: 2184

Merit: 1302

We all live in different parts of the world and across different continents, even without the analysis and predictions, you can make up your mind on what's upon us based on what you see and experience on a daily basis in your country. Quite a lot of things have happened in recent years, especially from the pandemic time leading up to now, and governments have somewhat made terrible decisions like printing more and more money to temporarily solve the problem whilst creating a lasting one that will show up soon enough, there are crisis in major parts of the economy and it is felt especially in prices of commodities and devaluation of fiat. Some countries may well already be in a recession, but we all come from different countries, so the situation is slightly different from place to place.

Having said that, people should have to prepare for a time when worst comes to worst, if you need a hedge to devaluation of fiat, there is Bitcoin to help with that, your funds will obviously be in your control that way, rather than in the control of some oligarchs that make really bad decisions more often than not.

Mate2237

hero member

Activity: 700

Merit: 577

Hire Bitcointalk Camp. Manager @ r7promotions.com

In my country recession is not coming soon but recession is already with us. We are living with recession so whether badly or worst, we are already with it. We are facing depression and recession at the same time so there is nothing to afraid about anything such of that magnitude.
And one thing I understand in the recession period is that, the cause of this economic downturn is caused by the government. There is nothing someone will tell me that I would/will not blame the government of such things.

There are some questions we have to ask. What is the cause of this recession? Is it the population that is over power the commodities? Or there is a fault in the supply chain against the demand. If there is any there government can make things easier for the citizens from top to the bottom.

The governments in the world are to be blame because they allow the capitalists to over power the system so the capitalists do what they want.

electronicash

legendary

Activity: 3178

Merit: 1054

we are hearing those warning from reputable people like chamath palihapitiya and his cohorts. i don't think those guys are lying to us. some of them are prediction recession is coming in the next 6-12 months but some already said we are in recession already.

the prices of commodities and supplies getting low because of lock downs. its likely that we are already in recession giving that there are already protests happening in European countries.

avikz

legendary

Activity: 3080

Merit: 1500

I believe yes! We are heading towards a recession. Looking at the extremely high inflation in all major economies and with rising energy prices, recession is probably knocking on the door. So unless this inflation is controlled, recession is inevitable.

But this recession is likely to impact the major economies like US, UK, Germany etc. But for other markets where cheap labour is available, might become a blessing for them.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Depending on how you measure recessions, some parts of the world and even some developed economies might already be in one. There are quite a few reasons the term "recession" gets used and they normally coincide (one was 2 consecutively quarterly losses of the stock market in the US and others were 20% drops in the market or 20%.drops in gdp - the last is the one normally used). If recession happens around the time of highest business (now - January) then you'll probably see it having a more profound affect than if it happened in the summer or spring but you still might not even notice it.

A lot of economies are still slowly growing based off the last statistics iirc so I don't think there's definitely a recession coming, deflation might be coming sooner.

davis196

hero member

Activity: 3150

Merit: 937

The global economy will be facing difficulties for sure, but don't trust the "doom & gloom prophets of the Apocalypse".
Some people simply like to spread panic and FUD(fear, uncertainty and doubt). Maybe they get some sort of benefits from spreading fears and panic, I just don't know what kind of benefits. There are Congress/Senate elections coming in the US and maybe the republicans want to spread more fears about the "disastrous" Biden administration and how everything is going downhill, unless the GOP comes and saves the day.
We can't get rid of political propaganda. Putin's propagandists keep repeating that Europe is going to be a facing a "cold winter" unless we the Europeans start begging Putin for mercy. Again, this is pure propaganda and nothing else.
The global economy will have to change and adapt and some people will lose their current jobs before their find new jobs.
The inflation will be high because the western world won't have access to cheap Russian gas (and maybe cheap Chinese goods).
The recession is a part of the business cycle. The economy can't keep growing forever.

Smartprofit

legendary

Activity: 2338

Merit: 1775

Catalog Websites

Quote from: a298b112 on October 31, 2022, 03:54:58 AM

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Yes, the recession in the global economy should have come a long time ago.

Oddly enough, the onset of the recession was delayed by the Covid-19 coronavirus pandemic.

All assets in the world are highly overvalued. State institutions are very imperfect. Global supply chains are broken. Technological progress has slowed down. The world is short of new ideas. We need a leader who will be able to unite all earthlings and set global goals for them. For example, to populate Mars or achieve immortality through the development of medical technology.

Perhaps the next President of the United States will be Elon Musk and he will be able to bring the world economy out of recession.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: a298b112 on October 31, 2022, 03:54:58 AM

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Well, we've been in recession already. Have you seen the problems that have raised like shortage of food, oil price hikes, lesser supply for oil, increased rate by the FED, and many more? It might be late for those influencers that you've been following but we're actually experiencing it already. You see that many countries have been struggling against the inflation and with the value of USD going up but the actual country of US have also been struggling.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

It's not coming, recession has actually came, and it's actually happening right now depending on what region/part of the world you're located. The United States is in an actual recession after going through two quarters of negative GDP, BUT they changed the definition of what a is considered a "recession". Why? Because it's an election year. The government needs to manipulate economic data and gaslight people.

Zaguru12

hero member

Activity: 868

Merit: 952

Looking at it in general economical aspect This speculations regarding recession is not surprising if we look at how inflation has drastically risen since the covid pandemic. This has also prompted the rise in interest and causing rise in eventually almost every commodity making it difficult to businesses and to even save. Economic experts have said if the inflation doesn't reduces then it is most likely for recession to hit.

Another area which may push in recession is the war between Ukraine and Russia. Since the start of the war the supply of energy to other countries by Russia has reduced, this could also drive in recession.

a298b112

member

Activity: 143

Merit: 36

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Topic: Is recession coming actually? - page 6. (Read 1152 times)