Are we heading towards Recession?

[Murat]

May be or not, Another Bad time in the financial sector is coming very soon because of having some bad indicators towards us, I know the recession is very terrible for any economic platform, in recent time, a lot of events we have seen in the economic world, But Like before 2008, We don't have anything, In comparison to that both time, the current situation is better than the previous time but in the political aspect, it's not passing a good time so a regional war could bring a negative impact on the economic sector for any time. so anything is possible in this current aspect.

[abhiseshakana]

Are we heading towards recession like 2008 wherein people have cut down their spendings and companies are laying off their employees, we can see cost-cutting everywhere, is it really a recession or just the panic about an uncertain future which is creating a gloomy atmosphere everywhere?

Recession is a condition where the economy of a country has decreased significantly for six months. Recession can affect many people because when the economy slows, unemployment rises, consumer purchases decline, businesses go bankrupt.

For some time the world was shocked by the economic conditions of Singapore and Hong Kong that led to a recession then followed by several other countries that entered the recession, including Argentina, Iran, South Africa, Turkey, and Venezuela.

The global economic slowdown caused by trade and Brexit wars is indeed felt by many countries, but it all depends on the real conditions of each country and the government's ability to map problems and find monetary and fiscal policy formulas to escape the recession waves faced by other countries.

Economic recession in a country is affected by
- The state of the United States economy because America is a barometer of the world economy
- Recession does not depend very much on the Trump government's policies on trade and currency war and the policies of the Fed. Trump is the leader of a country that is a barometer of other countries.
- The 10-year cycle of American economic expansion has now been more than 10 years so far there has been no contraction.
- The condition of long-term investment interest in government bonds is lower than the short-term. This means that investment returns will tend to be negative. This shows that there will be pessimism about the long economy, also a sign of future recession.

[inanilujimi]

Recession occurs if a country is negligent in increasing its economic growth, if the government is alert in developing the economy, then there is no need to worry. Even though that happens at least we are ready to face a recession.

[iram3130]

I feel there is a recession upcoming with all the GDP's falling between an egoistic trade war, Laying off in big corporate is getting higher these days and spending on lavish things is also decreased. It may be an advantageous thing for BTC but not for common people.

[clickerz]

I feel there is a recession upcoming with all the GDP's falling between an egoistic trade war, Laying off in big corporate is getting higher these days and spending on lavish things is also decreased. It may be an advantageous thing for BTC but not for common people.

Same sentiments. Though its forecasts before already, but I think government is doing what they can to stop or slowly ease its effects. In addition, political instability may affect the investor's confidence aggravating this recession thing IMHO.

[Darooghe]

Anyone who tells you they can predict the timing of a future recession is lying. It's typically hard to even figure out if you are in a recession until it's well underway. But a good indicator is bond interest rates. If interest rates for government one year bonds are more than a government 10 year bond, get ready for a recession. However, never rely on predictions about the future to make investment decisions, you can only make good investment decisions based on your personal financial needs, risk tolerance, and time horizon.

[mersal]

Some countries already facing economical instability which forces them to increase tax,losing value of their fiat currency,loss of employment but which may not be enough to be considered as recession these are just coming up from poor economical management from those countries and also some countries doing this as precautionary to prevent them from huge losses if there is any recession.

[metalglowd]

I don't think so, the opposite is true. It is this development in the field of digital technology that provides a turning point for this which has spurred very rapid economic development. But actually quite a lot of negative impacts produced. So until now I can say that thanks to technological developments, this has really helped.

[Mometaskers]

I'm not seeing any huge shock building now. Just normal stuff where badly run businesses fold and new businesses start up. It's not fun for the businesses that go bust of course, but it's not a shock to the economy either, it's just normal capitalist stuff.

What about the student loan crisis? Kids who can't even drink beer are being allowed to take out thousands of dollars in loan and expected to be responsible about it, and then they take worthless degrees.

No sane banker would have allowed such thing to happen if it wasn't for the government. Many people have been warning that it's practically a time-bomb, we just don't know when it will blow.

[TravelMug]

I think we are just panicking on something that is not going to happen.
Nowadays, many people are dreaming of it even when there is no sign that it will take place. Since August à lot of forecast said it will happen yet we are in December and nothing yet.
We are moving to 2020 and this forecast still persists. Let's get it over with and work towards a brighter economy.

I think the point here is that we should prepare for the worst case scenario. It's not that this will be the first time to happen in mankind's history, where are you during the 2008 recession?

Right, maybe you are still a student that's why you don't understand how bad a recession can affect everyone of us. Unless you're lucky that you or your family are not affected by the previous recessions.

[TheUltraElite]

Are we heading towards recession like 2008 wherein people have cut down their spendings and companies are laying off their employees, we can see cost-cutting everywhere, is it really a recession or just the panic about an uncertain future which is creating a gloomy atmosphere everywhere?

Nope, most of it propaganda and taking data from the wrong sources and wrong target population. Cost cuts happen in many places but that does not imply that the entire country is doing bad. Recession has been brought up several times just to poke doubt into people's minds and make them sell their assets so the market becomes more liquid for the whales to buy and allow banks to take over.

Companies lay off employees for a reason. They will never lay off the top level cream because that would hurt the company's condition. The fact is that the ones who are laid off know very well why they got laid off but they always tend to brush it under the table and play victim. Bottom line is that one needs to work up the ladder and take care of their own self, making sure to earn and keep good relations with every employee to be in a company.

[crossabdd]

no, cost cuts because there is a middle man. where it slows down a transaction. Bitcoin makes transactions fast by cutting out middle people. then what will happen to them. keep working as a monitor. that in my opinion. besides that, bitcoin also gives many people a chance for success. through their trade. and new projects.

[desticy]

If market processes would occur naturally, then I could agree that we are going through a natural period of recession. But is it really so?
The market is controlled by those who own large beams, this has been proven repeatedly.
If this "someone" wants to lower prices in the market or raise them, he will do it, and this is impossible to predict. Therefore, I see little meaning in your words.

[7788bitcoin]

Nope, most of it propaganda and taking data from the wrong sources and wrong target population. Cost cuts happen in many places but that does not imply that the entire country is doing bad. Recession has been brought up several times just to poke doubt into people's minds and make them sell their assets so the market becomes more liquid for the whales to buy and allow banks to take over.

There is an economic slow down in many parts of the world but that does not mean that we are going into a recession but the slow down is real but it is not about putting doubt on anybody but there are certain factors including the trade war between US and China and the weakened crude oil price and we might not see any change in that in the next few years and these things will have an impact on the economy who are dependent on oil.

Companies lay off employees for a reason. They will never lay off the top level cream because that would hurt the company's condition. The fact is that the ones who are laid off know very well why they got laid off but they always tend to brush it under the table and play victim. Bottom line is that one needs to work up the ladder and take care of their own self, making sure to earn and keep good relations with every employee to be in a company.

It all depends upon which sector you are talking about, in any company they might not release the best employees but there will be a certain lay off if the business is dull and even in the last recession the companies did lay off top officials who are drawing huge salaries to cut down the cost and it was a main theme during that period.

[The Sceptical Chymist]

I haven't seen common joes talk about a looming recession this much before. Probably a sign that we're not even remotely close to a recession.

You might be right about that.  I see a lot of talk on the forum about some sort of recession that might be looming, but out in the real world things look OK to me, so who knows.  Seems like it's been a hell of a long time since that 2008 recession that was almost another Great Depression.  But remember, a big part of that was how corrupt the banks were at the time with all of those mortgage-backed securities and so forth.  That crap doesn't fly anymore, or at least the government is eyeing securities like that very closely.

I'd say we're due for a crash, but I've said that before and it never seems to arrive.  Of course, big crashes tend to just hit the market out of the blue when most people aren't expecting them.  I'm keeping my fingers crossed that we don't get a recession foisted upon us this coming year at least.

[CarnagexD]

I feel there is a recession upcoming with all the GDP's falling between an egoistic trade war, Laying off in big corporate is getting higher these days and spending on lavish things is also decreased. It may be an advantageous thing for BTC but not for common people.

International businesses are being strucked by the trade war, economy slows down and we might face a recession again for the upcoming years. I'm afraid for what the small people do when this happens, like when America and China's ties has been cut due to their ongoing conflict what would they do about it? Even if cryptocurrencies are here to catch us only small fraction of the worls will be at good. It keeps me think of something behind all of this.

[dimonstration]

Recession occurs if a country is negligent in increasing its economic growth, if the government is alert in developing the economy, then there is no need to worry. Even though that happens at least we are ready to face a recession.

Maybe some countries were already facing some economic problem but can still able to managed and they still find ways to not make it as a headline. It will depend on how good their government is to be not in recession period and I guess in my country it's far from happening since inflation rate decreases this year and hopefully it continues.

[karanggatak]

yes there is a possibility the world will experience a global recession but i think this coming recession will not be as heavy as the recession that occurred in 2008. and in my opinion the main cause of this recession is the trade war that occurred between the United States and China that never ends. We know that America with its dollar has become a global currency. If the American economy weakens, this will have an impact on the economies of countries in the world.

[Karmakid]

It is combination of the pattern that we are seeing today and also the fear of the uncertainty for the future. We are slowly heading towards recession and it is an opportunity for people to build wealth fast because they can buy a lot of cheap good stuff when the recession comes. Do not be afraid of it because it is part of the cycle of the market and all you gonna do is to save money and keep it as your ammo.

[gabmen]

It is combination of the pattern that we are seeing today and also the fear of the uncertainty for the future. We are slowly heading towards recession and it is an opportunity for people to build wealth fast because they can buy a lot of cheap good stuff when the recession comes. Do not be afraid of it because it is part of the cycle of the market and all you gonna do is to save money and keep it as your ammo.

You really think so? I think it's not going to be as serious as the one that happened in 2008. If we do come to a recession at all. A lot of people are now more financially aware and have been looking towards the future. As I observed, people aren't lying low when it comes to spending. It's quite the opposite actually with online shopping becoming a trend globally. Who would think that a recession is in the works?