Topic: Is the US economy in recession? - page 2. (Read 646 times)

Meanwhile, US sovereign credit default swaps are flying to the moon. Shutdown is coming.

The economic recession is common on all countries based on their economic Capacity. Because United States have enough funds to back up, the won't come to the economy recession.Maybe the GDP of the US may be get a false input and output may be skipped on the real new. The news which he shared, and economy advisor had gain a lot for us. They will reduce the economy burden by skipping the unwanted expenditure by the country.With my knowledge, the US doesn't affect by any Economic crises.They also allow the college students loan wavier with minimum wavier of 10,000 dollars for all eligible.

I think theoretical definition of recession is this only whatever you said but practically it's not necessary that all the symptoms of a recession will be visible in this scenario. Chances are that only a few signs might be visible or chances are no signs might be visible in a lot of sectors. Sometimes even stock markets also don't resonate to this because eventually stock market also take in consideration future aspirations which might appeal good. So recession is honestly a set of too many vague scenarios.

Consequences of excessive money printing and disunity in world politics. The American economy thrives on blatant wars and resource plunder. Pedro dollar is one of the forms of robbery. All countries that want to buy oil must use dollars. That is the absurdity that the world must accept. That inflationary export helps the Fed issue more currency and is richer than any other institution.
Russia, China, India, some Middle Eastern and Asian countries have agreed to use a currency system other than the dollar to eliminate dependence. This creates a new pole in the world economy.

And another thing is that the opening of China after COVID makes the source of goods more abundant and makes the world economy more comfortable.
The collapse of the US economy was mainly caused by excessive interest rate hikes. The American people are mainly in debt, so the banking system is at risk of illiquidity. People's assets are being squeezed. Businesses also easily fall into bankruptcy.

Excess Money printing may increase inflation, but that alone may not cause recession because higher inflation negatively impact people who have higher savings. Those who doesn't have a large amount of savings are not that much impacted. At this point new jobs are being created in the United State since there is net addition of jobs in the market at this point recession looks unlikely. However the ongoing war between Russia and Ukraine is a big concern and it can  increase  the chances of recession in the future.

Like everyone after 2019, with the onset of the pandemic, the economy experienced a downturn. There are a lot of reasons - stopping production, death, restrictions .. All this is definitely not for the benefit of the economy and the country as a whole.
Yes, unlike most other countries, the United States has done as much as possible for its population - from a monthly check for each resident, to free food packages on a regular basis for everyone in need. And this by itself left a mark on the economy - inflation.

But the US economy is really the most powerful economy in the world to survive this test.
Plus, geopolitical factors, in a certain sense, helped "uplift the economy." This is the terrorist war in Ukraine unleashed by Russia. Assistance from the United States for Ukraine is enormous. And behind it is the military-industrial complex, which has been idle in recent years. Now there are orders, there are jobs, there are jobs for related suppliers. And this is taxes and an impetus for the economy.
Technological sector - the migration of high technologies from China has begun, back to the USA, as well as other countries (India for example), where specialists are also needed, and technologies from the USA.

All together gave a really very good picture in the economy

If that money printing creates excess liquidity for those who receive it, then yes. But if money printing isn't fast enough to offset inflation, the people won't have excess liquidity that they could put into crypto. During Covid the inflation hasn't hit right in the moment when it started, but financial support from the government kicked in and did create excess liquidity. This only counts on average of course, not everyone was able to make any investment decisions during the pandemic.

The thing is that the retail market often can't hold onto their Bitcoin for as long as the bigger players. When we see a big recession and people decide to escape into Bitcoin, they might see themselves getting forced into selling it again in order to be able to get by. Inflation is a real problem and devaluing currency through money printing can end up in an unstoppable downward spiral. There are countless examples for it and often I think that people believe this can't happen to seemingly successful Western economies, but of course it can as well.

In the social media we see that US is near a recession, the inflation rates are all time high, the banks in the US are collapsing and the dollar is under severe pressure, but this is what the outside world sees.

One of my relatives lives in the US and when i talked to them, they say that situation is not so much worse as it is being presented. The US still enjoys free education and free medicine, and the common man does not face any issues which we assume sitting outside the US.

I think it will take another decade before we may see the US economy in recession. Right now the economy is strong enough to survive another few years.

Yes I know since everybody expect a recession then there won’t be one however it seems like we will at least get a minor recession and won’t get a soft landing.

However it doesn’t mean that stocks or crypto will crash. Remember when we hit massive unemployment during Covid while the stock market hit new highs. Might be the same story since the fed might have to cut rates and lead to more money printing and it’ll cause stocks to soar higher.

The more they talk about recession, the less likely it is to happen. I think recessions are a scarecrow just to take more assets out of weak hands. There will be a presidential election in the U.S. in November 2024. So it's unlikely that a recession will actually be allowed to happen. But if President Biden's administration finds a way out, it will give Biden extra points in the presidential race.

I think people are confusing recession and inflation, both have a negative effect on the economy of a nation but they are different. Inflation is a rise in prices, which can be translated as the decline of purchasing power over time, as purchasing power drops and people suffer the consequences. A recession is a significant, widespread, and prolonged downturn in economic activity. A common rule of thumb is that two consecutive quarters of negative gross domestic product (GDP) growth mean recession.

The current economic recession is not only faced by Uncle Sam's country or America, but almost all countries are experiencing it. As for countries that will experience an economic recession, they will continue to work hard to reduce inflation in their countries. there are many countries that continue to strive to avoid the economic recession that will befall their country, America for example, according to the recognition of the US finance minister Jannet yallen, inflation in their country has started to decline in the range of 6%, but it is still at a high level compared to their target is 2%. even so, according to the US finance minister economic growth in America has started to appear and the country will avoid an economic recession.

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actually many say so, because during the 2020 pandemic, the government printed a lot of money and distributed it to their citizens for not working.
but other theories also say that America is still within reasonable limits.
it depends on who the media is reporting on it.
but for the truth we can see directly the impact on the country by time.

In 2020, the US experienced a significant economic downturn due to the COVID-19 pandemic, which led to widespread business closures, job losses, and a sharp decline in GDP. However, by the end of 2020, the economy had shown signs of recovery, and growth continued into 2021, although at a slower pace than before the pandemic.

I think its not going to really happen just yet, that will take a bit of a while. I think the problem would be a bit more about what will happen after July, that could actually make some changes in order to cause it. I need to focus on the fact that inflation could be a lot higher than what it is when that happens and when inflation is higher than what it is right now then recession would not be a problem. I prefer inflation over recession, recession means there is no money when things are still expensive, inflation at least means we are having a problem but also we are making more to cover that difference as well. This is why its not in recession now, but the future may hold a recession in the near future as well, so we need to be careful about it.

I do not think that the US will ever go into recession because I know they worked so hard to grow the countries economy in the past centuries the United States of America has been a country with a great and lovely vision there is no nation on earth that does not have a business deal with them although the whole world went through a lot of crisis which we all fought to overcome but has nothing to drain the countries economy
The world today is making sure to go against anything that will cause each nations downfall especially the United States being the world power

If the US economy enters a recession, the world enters a recession. It happened in the 1930s and 2008. But in 2022 despite the contraction in gdp, the US economy created around 2.7 million new jobs. That's why the higher officials in the US have argued that  the US economy is not in recession even if the GDP contracts for two successive quarters.

The world is suffering from the effect of the Russian-Ukraine conflict. Most globally sound economies are falling into recession. America's case is not peculiar because household debt is increasing because of high cost of goods and inflation. But America has a very sound economy that can withstand the effect of this global economic challenge. 

I think, Not only is the US economy currently in a recession, this is inseparable from the slow economic recovery since World War II. However, it is important to remember that the US economy is a strong economy. It won't go down forever and will soon regain its footing and bounce back.

The truth is that the US economy is undergoing a series of changes and will continue to do so. What we've experienced so far are just a few bumps in the road. As a result, there should be little reason to worry about the state of the economy. With governments around the world pushing ahead with stimulus efforts, employment appears to be at its most volatile at the moment. Another potential recession may lie ahead, but it's too early to say if it will happen or when it will.

the latest news CPI has dropped to 8.7%, of course inflation could happen because the CPI was at 9%, and that is the highest level since the last 41 years,
there is news on the internet and several newspapers, if America ends inflation and recession, then there is a possibility that Bitcoin will also be affected,
whether it will have a positive or negative impact, the important thing is to be careful