Topic: Is the US economy in recession? - page 3. (Read 653 times)
It appears we are in global slowdown for the most part but there are some mixed signals as to whether the US is in a recession, even though inflation makes it feel as such but unemployment rate and hiring sort of hints at something different. In either case, time will tell, particularly this winter.
Probably every economy is in recession. It is either a short term recession, long term recession or future recession. As the year goes by, purchasing power across the countries reduce. A property you bought with a certain amount this year, you might not get it again in same price next year. So, every country us travelling in same recession lane and inflation.
While the big countries might take a while and prove difficult to notice, smaller countries suffer much. But on the global index, it will surely be known that a country is no longer in it's stable state.
That's because the whole world went through the pandemic together, meaning all world had to stop, and that means everyone had to get paid even while not working, which meant printing money, which meant high inflation, which meant higher rates to withdraw that money from the markets, which results with recession. This type of track happened in all nations because we all went through the same things together.While the big countries might take a while and prove difficult to notice, smaller countries suffer much. But on the global index, it will surely be known that a country is no longer in it's stable state.
I am not saying that it is the best available option, or a great life to be in, but at the very least I understand why it is happening. This is why I think it is clear to me why people are worried about something worse to happen in the future, because they saw how bad it could get.
The U.S. economy is already in recession, inflation is high, the Fed is raising interest rates, the stock market is in a bear market, and stagflation has all informed the recession. Diess responded that the U.S. economy was in a "transition period." But I don't think so.
The USA economy becomes a global economic and signal, if the USA recession economy, there will be many major impacts on global, namely directly affected, in my opinion the USA can always overcome economic problems, if there is a recession then this will not be long and the economy will soon recover.
America and any country are always threatened with inflation and recession, Fiat who has no basis or guarantee becomes a problem when the central bank cannot control its value, and this is what makes many experts find the best solution, namely with a decentralized system that locks stock so that inflation can be eliminated .
Probably every economy is in recession. It is either a short term recession, long term recession or future recession. As the year goes by, purchasing power across the countries reduce. A property you bought with a certain amount this year, you might not get it again in same price next year. So, every country us travelling in same recession lane and inflation.
While the big countries might take a while and prove difficult to notice, smaller countries suffer much. But on the global index, it will surely be known that a country is no longer in it's stable state.
America and any country are always threatened with inflation and recession, Fiat who has no basis or guarantee becomes a problem when the central bank cannot control its value, and this is what makes many experts find the best solution, namely with a decentralized system that locks stock so that inflation can be eliminated .
Governments do not have any other option, they are not bound by the ignoring capability of bitcoin, bitcoin may have caused a lot of people to lose a lot of money and there is nobody at the top to care, it's decentralized so when you lose a lot, then you lose a lot.But in a government if your citizens are losing a lot, and they are in poverty and lost millions, you have to do something or you would not be elected again ever, you would be disgraced out of office and that is not something politicians would want. This is why I believe that they did this and they would have done it again if given chance because it allows them to get a good amount of "saving the face" chances when the elections come.
What are the core elements of a recession?
How do we quantify a recession?
Like you said, a recession is defined as two consecuitive quarters of negative economic growth. In economics textbook terms the USA is in recession, but the Biden admistration is trying hard to avoid that word. The issue here is that we are in a high inflation environment that reduces economic growth. Usually this would be a stagflation, failing growth during times of high inflation. But the unemployment rate is not high enough for it to be a real stagflation. So the government argues that economic indicators are not accurate and economy is stronger than it appears. It remains to be seen how the growth rate will be next quarter, if its negative again I don't think people can avoid calling it a recession.
Yes, it is in recession. There is a clear definition of what a recession is and according to it, the US is in recession. What happens is that it is not in the interest of the Biden administration to say that the USA is in a recession for the next elections, as if the people on the street are not feeling the problems of the economy in their own flesh, and it is in the interest of the Republicans to try to make the economy look worse than it is, because although the economy is technically in recession, the downturn is not as bad as the Republicans want to make it out to be.
I think it is all politics playing out with the US economy. The government of the day trying to hide the reality on ground while inflation has increased in the economy, the less income earners are feeling the hit and the opposition watching and blowing the heat more. I believe the US economy is having some economic indices not favourable to them and that may be the effect of trying to protect the NATO territory also.
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Yes, it is in recession. There is a clear definition of what a recession is and according to it, the US is in recession. What happens is that it is not in the interest of the Biden administration to say that the USA is in a recession for the next elections, as if the people on the street are not feeling the problems of the economy in their own flesh, and it is in the interest of the Republicans to try to make the economy look worse than it is, because although the economy is technically in recession, the downturn is not as bad as the Republicans want to make it out to be.
This is a sign of recession. Inflation is felt highly in an economy where recession is setting in but I'm not sure if USA is already facing this but it has witnessed increase inflation during the Biden administration.
Guys, just stop with the inflation thing!
Japan has experienced a recession on the same levels as the US is doing now without having inflation at all, the great depression in 1929 happened while there was ample deflation, and inflation was barely above 3% during the 2007-2008 crisis in the EU and US, the largest inflation Greece recorded while near defaulting was 4.71 %.
Biden has rush to Saudi Arabia to ask for the oil and gas supply.
Since when does the US, the largest exporter of LNG in the world need gas from Saudi Arabia?
The United States had entered into recession but it is still unclear to many people about what's going on. The Biden regime has been a time where we all have to fix our belts and get ready for the worse because this looks like the beginning of inflation and we should be expecting more. It is not in the US alone that inflation is affecting people and also in other parts of the world where people exist. The effect of the covid-19 had affected many countries making things to go wrong.
This is a sign of recession. Inflation is felt highly in an economy where recession is setting in but I'm not sure if USA is already facing this but it has witnessed increase inflation during the Biden administration. Another factor is when cash flow is not circulating. If fiat and the means of better living is in the hands of few and far from the reach of the masses. This is a sign for recession and high level of borrowing. I don't think US is lacking finance on their economy for now.
He has to survive midterm election and for that he has to win the heart of everyone. But I think Biden administration is a poor administration and I believe Trump America was a better America.
The United States had entered into recession but it is still unclear to many people about what's going on. The Biden regime has been a time where we all have to fix our belts and get ready for the worse because this looks like the beginning of inflation and we should be expecting more. It is not in the US alone that inflation is affecting people and also in other parts of the world where people exist. The effect of the covid-19 had affected many countries making things to go wrong.
This is a sign of recession. Inflation is felt highly in an economy where recession is setting in but I'm not sure if USA is already facing this but it has witnessed increase inflation during the Biden administration. Another factor is when cash flow is not circulating. If fiat and the means of better living is in the hands of few and far from the reach of the masses. This is a sign for recession and high level of borrowing. I don't think US is lacking finance on their economy for now.
I think a legitimate case could be made for economies of the world being in a recession since 2020, when the COVID pandemic hit.
Drug overdoses, suicide, violence and crime all increase significantly during recessions. And I think everyone around the world is witnessing an uptick in these trends. Federal reserve (QE) quantitative easing and global monetary helicopter drops can mitigate the negative effects, over the short term. But eventually the shoe will drop and the harsh reality will be felt by everyone. If they haven't already noticed effects in their food and gas bills.
Hardcore doom and gloomers would say the US economy has been in a recession since the financial crisis of 2008, and never truly recovered. The US stock market did trend upwards since 2008. Which many view as an indication of a recovery. But I think that many are noticing stock market numbers can be influenced. Pfizer was delisted from the NASDAQ index. Exxon was delisted from the DOW. Considering pfizer and exxon both reaped high profits from COVID vaccines and rising cost of oil, respectively. The turn of events surrounding those delistings becomes an interesting topic.
Drug overdoses, suicide, violence and crime all increase significantly during recessions. And I think everyone around the world is witnessing an uptick in these trends. Federal reserve (QE) quantitative easing and global monetary helicopter drops can mitigate the negative effects, over the short term. But eventually the shoe will drop and the harsh reality will be felt by everyone. If they haven't already noticed effects in their food and gas bills.
Hardcore doom and gloomers would say the US economy has been in a recession since the financial crisis of 2008, and never truly recovered. The US stock market did trend upwards since 2008. Which many view as an indication of a recovery. But I think that many are noticing stock market numbers can be influenced. Pfizer was delisted from the NASDAQ index. Exxon was delisted from the DOW. Considering pfizer and exxon both reaped high profits from COVID vaccines and rising cost of oil, respectively. The turn of events surrounding those delistings becomes an interesting topic.
The United States had entered into recession but it is still unclear to many people about what's going on. The Biden regime has been a time where we all have to fix our belts and get ready for the worse because this looks like the beginning of inflation and we should be expecting more. It is not in the US alone that inflation is affecting people and also in other parts of the world where people exist. The effect of the covid-19 had affected many countries making things to go wrong.
What are the core elements of a recession?
Inflation
...
How do we quantify a recession?
When there's a constant inflation and poverty levels increasing instead of decreasing while all the above mentioned determinant rrmain constant
Inflation is not a component of recession. There are recessions both with and without inflation. However, inflation has typically preceded recessions that are the result of speculative bubbles or central bank action.
The economic data of the US is clearly showing a two consecutive negative GDP growth rate. While some analysts believe that the economy is in a recession, economic advisers are saying there is no major decline in economic activities.
What are the core elements of a recession?
How do we quantify a recession?
I think that whether there is a recession or not, the US economy is still in a very alarming position. GDP growth for 2 consecutive quarters was "negative" as a result of the Fed's adjustment to raise interest rates, causing a decrease in consumption output/demand. Accompanied by inflation, high energy prices, interrupted supply... I guess even if the US gets through the door of recession, the result will also mean that the US economy will also shrink, economic prospects slow economy. What are the core elements of a recession?
How do we quantify a recession?
Perhaps the most optimistic thing for the US economy is the hope of Russia defaulting on its debt. Lol
Given that others names the traits of a recession already, I'll comment on whether it's coming. I think the US economy is entering a recession (or, as I've heard some people call it, 'something that will feel a lot like recession). Maybe it's not fully showing yet because we're at a start. But to be fair, I don't think it's just the US; it's the global economy trend which is expected every once in a while and then with the pandemic it was supposed to become evident at some point.
Very interesting, It is very useful to start by understanding what a recession is, as it is often confused with depression. A typical year has its ups and downs. The economy goes up, then down—sometimes sharply. This can be an interesting time to invest in the market, especially if you have a very long investment time frame.
It's hard to say if the US is in a recession because many factors are considered. If the economic growth rate is negative, it is not a positive sign. The US economy has not faced this kind of turmoil in a long time. While some believe we are in a recession, others believe there is no sign of a slowdown in economic activity.
It's hard to say if the US is in a recession because many factors are considered. If the economic growth rate is negative, it is not a positive sign. The US economy has not faced this kind of turmoil in a long time. While some believe we are in a recession, others believe there is no sign of a slowdown in economic activity.
The economic data of the US is clearly showing a two consecutive negative GDP growth rate. While some analysts believe that the economy is in a recession, economic advisers are saying there is no major decline in economic activities.
What are the core elements of a recession?
How do we quantify a recession?
What are the core elements of a recession?
How do we quantify a recession?
There are different ways to quantify recessions around the world, most countries see a decline of two quarters in a row as a recession. However it seems that America requires some other criteria to additionally qualify - like the unemployment rate rising during the same time period. It slightly makes sense, however we seem to be in this bizarre netherworld where all the indicators are flashing bright red and the sirens are wailing, but the stock markets are still up in the sky (well, besides the NASDAQ which was always highly overvalued). Generally though, it feels like this will be a slow and steady ride, but a big jolt could quickly cause a fast drop like we see in many recessions before - the shock always comes from somewhere new.
I don't think so. Inflation is on the rise around the world, but this doesn't imply that the US economy or many other economies are in recession. COVID has definitely hit the global economy hard, but it's already recovering in a slow and steady manner.
If inflation continues to rise, the US economy will definitely be in recession though I don't expect that to happen.
If inflation continues to rise, the US economy will definitely be in recession though I don't expect that to happen.
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