The government still not admitted this, they say they are going into a recession but the situation tells that we are already in recession.
Worst case scenario can still happen though, better to save more cash with your hands and stop spending on unnecessary things, worst economy might still happen though. What's the best thing to do during the recession? I'm actually not expert to this since I'm too young for the last recession, have to prepare for this one.
the government should always do everything in a measured situation and determine the right time to say something about the recession, because it will obviously have an impact on the situation in the country. what the government is afraid of is unnatural turmoil. it is clear that the government must prepare for the worst situation that might occur, but all must be able to work together so that it can go through well and not get worse.
Government have double faces. They say one thing in public and they say the other thing in office.
The power game is horrible on thing which is in our hand is that we need to be financial independent to over come all this.
It must be understood like what you say, sometimes the government has to take such actions, to be able to provide peace for its citizens. so that it does not happen where it will create excessive anxiety, which will actually disrupt economic stability in the country. because of the disgraceful actions of some people who want to make a profit by hoarding commodities.