Recession in the Economy

[erikoy]

Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

@lami syang bayhana means a good sexy seductive looking girl in cebuano. I came from the Philippines specifically Cebu where we speak cebuano. Anyway as the experts of haters said that they are basing with the curve and it says that bitcoin will going to end. How dare them to say that and compare to a normal curve in their math when in fact this is bitcon and should not compare to a normal curve.

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[nactivate]

Aside from two consecutive quarters of GDP decline, economists assess several metrics to determine whether a recession is imminent or already taking place. These indicators are divided into two categories: leading indicators and lagging indicators. Leading indicators materialize before a recession is officially declared. Perhaps the most common leading indicator is contraction in the stock market. Declines in broad stock indices, such as the Dow Jones Industrial Average (DJIA) and Standard & Poor's (S&P) 500 index, often appear several months before a recession takes shape. This was the case in 2007 in the United States, when the market began declining in August, four months ahead of the official recession in December 2007.

[giacatluong]

There is no economic downturn here. The winning countries will be the country that owns the big data, applying blaockchain technology to produce, making life smarter and more efficient. However, the number of countries or businesses is only a minority, leading to winners and losers in the fourth industrial revolution.

[sublime5447]

Bitcoin will be very helpful in times of sluggish economy, because it has several benefits in some cases where its price may be slightly increased/higher during the sluggish economy, and there are some companies that make bitcoin as the top choice because it can still help.

[paulspider]

The economy does not die like that because of a IP in the market prices. Economy becomes strong when cryptocurrency is strong but we are unfortunate to witness such.

[parthgajjar]

Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

There are now some investors on the verge of bankruptcy and they have decided to invest in Altcoin and the results they receive are superfluous gains. I believe this is also a way for stockbrokers to rescue their bonds

[Nyak put]

I think Bitcoin will be the top choice right now when the economy slumps as in other respects bitcoin has helped companies to increase revenue and even increase their production so bitcoin will be a secondary advantage when the economy is deteriorating

[eleclair]

A depression is a deep and long-lasting recession. While no specific criteria exist to declare a depression, unique features of the last U.S. depression — the Great Depression of the 1930s — included a GDP decline in excess of 10 percent and an unemployment rate that briefly touched 25 percent. Simply, a depression is a severe decline that lasts for many years. There have been 33 recessions in the United States since 1854, but there has been only one depression since then.

[cahbagus555]

With trade war and turkey condition, we are close to global recession. Hopely turkey condition will be going better and not affecting to others country because it will really sad if crisis always repeat

[jcarlo]

Recession or economic crisis always happen on our economic system. Its happen because central banks always print paper money. Beside that, current economic condition not good with trade war between 2 big country china and america. I think we are already in economic crisis

[Epimetheus]

If the economic downturn occurs, I think there will be many people who come to bitcoin because bitcoin also plays a small role for companies to raise capital to continue their production and business activities, reducing the burden on banks. row

Bitcoin affect the economy in many ways. Bitcoin decentralised nature is the main reason behind this. Because of this it does not under control of any kind of authority or government and because of this their is irregularities produce in its production and distribution and this thing directly affects an country national currency. Bitcoin also affect an country bank profits because many people use bitcoin transactions facility instead of bank transfer system. Bitcoin volatile also affects an country share market values. So these thing ultimately affects an country economy.

[tiejettison]

March 2001-November 2001: This downturn was a result of Y2K, when dot.com companies were enjoying relatively high interest from investors. This boom led to a bust, with stock prices plummeting along with the values of many high-tech companies. But at the time, the Fed continued to raise interest rates, making it more difficult for companies to obtain (cheaper) credit to stay afloat. The 9/11 attacks also took place during this period, which worsened the crisis. The New York Stock Exchange (NYSE) closed for four days and U.S. indices dropped to some of their lowest levels following the attacks.

[Vritesh]

Recession is the part of the economy. There are many reasons for the recession of economy like corruption, frauds, dishonesty, panic selling and many other factors. But whenever there is recession the upturn of the economy is also on the way. It is the ongoing process and no one can have monopoly over it. So one should just go with the flow.

[Denbella]

Economic recession means a consistent decrease in GDP and employment over a period of at least six months. Reduction in total productivity as a result of high level of unemployment is main harbinger or characteristic of economic recession. My country is right now suffering from economic recession. I can say the main reason for this is high level of corruption that has become the very only main way by which our leaders accumulate national wealth into their own pockets and this has negatively affected the economy to the extent that graduates in the country have become vagabond search for jobs that  are not available . With the advent of cryptocurrency, some people have invested in various forms of business through the money they got from crypto. Cryptocurrency had been in place of helping people here in this country. Our concern now is that the government of the country should not take any detrimental step to quit the operation of it in our country. I believe crypto is doing the same thing for other less developed countries of the world.

[portalufonet]

Recession or economic crisis always happen on our economic system. Its happen because central banks always print paper money. Beside that, current economic condition not good with trade war between 2 big country china and america. I think we are already in economic crisis

The economic crisis has been cyclical and fairly recent in recent times. This shows that the global financial market is in crisis and facing many difficulties. There will be new breakthroughs and new developments that will enable the financial markets to recover and grow.

[zeingrind777]

The market can be in panic mode at the end of next year if the flattening yield curve turns into full inversion, but will not turn into large-scale sales

[jersti]

A recession is when the economy declines significantly for at least six months. That means there's a drop in the following five economic indicators: real GDP, income, employment, manufacturing, and retail sales. People often say a recession is when the GDP growth rate is negative for two consecutive quarters or more. But a recession can quietly begin before the quarterly gross domestic product reports are out. That's why the National Bureau of Economic Research measures the other four factors. That data comes out monthly. When these economic indicators decline, so will GDP.

[nethgwynne]

A fall-off in consumer demand is normally the culprit behind slowing growth. As sales drop off, businesses stop expanding. Soon afterward they stop hiring new workers. By this time, the recession is usually underway. A recession is destructive. It creates wide-spread unemployment, sometimes as high as 10 percent. That's when it affects most people. As the unemployment rate rises, consumer purchases fall off even more. Businesses go bankrupt. In many recessions, people lose their homes when they can't afford the mortgage payments. Young people can't get a good job after school. That throws off their entire career. Even if the recession is short, typically nine to 18 months, its impact can be long-lasting.

[BagzMM]

In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.

[zacad]

In fact, most people involved in cryptocurrencies should know this truth. The economic recession is good for cryptocurrencies. It is important to know that Bitcoin was born in the 2008 financial crisis.