Is recession coming actually?

[a298b112]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

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[Zaguru12]

Looking at it in general economical aspect This speculations regarding recession is not surprising if we look at how inflation has drastically risen since the covid pandemic. This has also prompted the rise in interest and causing rise in eventually almost every commodity making it difficult to businesses and to even save. Economic experts have said if the inflation doesn't reduces then it is most likely for recession to hit.

Another area which may push in recession is the war between Ukraine and Russia. Since the start of the war the supply of energy to other countries by Russia has reduced, this could also drive in recession.

[Wind_FURY]

It's not coming, recession has actually came, and it's actually happening right now depending on what region/part of the world you're located. The United States is in an actual recession after going through two quarters of negative GDP, BUT they changed the definition of what a is considered a "recession". Why? Because it's an election year. The government needs to manipulate economic data and gaslight people.

[passwordnow]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Well, we've been in recession already. Have you seen the problems that have raised like shortage of food, oil price hikes, lesser supply for oil, increased rate by the FED, and many more? It might be late for those influencers that you've been following but we're actually experiencing it already. You see that many countries have been struggling against the inflation and with the value of USD going up but the actual country of US have also been struggling.

[Smartprofit]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Yes, the recession in the global economy should have come a long time ago. 

Oddly enough, the onset of the recession was delayed by the Covid-19 coronavirus pandemic. 

All assets in the world are highly overvalued.  State institutions are very imperfect.  Global supply chains are broken.  Technological progress has slowed down.  The world is short of new ideas.  We need a leader who will be able to unite all earthlings and set global goals for them.  For example, to populate Mars or achieve immortality through the development of medical technology. 

Perhaps the next President of the United States will be Elon Musk and he will be able to bring the world economy out of recession.

[davis196]

The global economy will be facing difficulties for sure, but don't trust the "doom & gloom prophets of the Apocalypse".
Some people simply like to spread panic and FUD(fear, uncertainty and doubt). Maybe they get some sort of benefits from spreading fears and panic, I just don't know what kind of benefits. There are Congress/Senate elections coming in the US and maybe the republicans want to spread more fears about the "disastrous" Biden administration and how everything is going downhill, unless the GOP comes and saves the day.
We can't get rid of political propaganda. Putin's propagandists keep repeating that Europe is going to be a facing a "cold winter" unless we the Europeans start begging Putin for mercy. Again, this is pure propaganda and nothing else.
The global economy will have to change and adapt and some people will lose their current jobs before their find new jobs.
The inflation will be high because the western world won't have access to cheap Russian gas (and maybe cheap Chinese goods).
The recession is a part of the business cycle. The economy can't keep growing forever.

[jackg]

Depending on how you measure recessions, some parts of the world and even some developed economies might already be in one. There are quite a few reasons the term "recession" gets used and they normally coincide (one was 2 consecutively quarterly losses of the stock market in the US and others were 20% drops in the market or 20%.drops in gdp - the last is the one normally used). If recession happens around the time of highest business (now - January) then you'll probably see it having a more profound affect than if it happened in the summer or spring but you still might not even notice it.

A lot of economies are still slowly growing based off the last statistics iirc so I don't think there's definitely a recession coming, deflation might be coming sooner.

[avikz]

I believe yes! We are heading towards a recession. Looking at the extremely high inflation in all major economies and with rising energy prices, recession is probably knocking on the door. So unless this inflation is controlled, recession is inevitable.

But this recession is likely to impact the major economies like US, UK, Germany etc. But for other markets where cheap labour is available, might become a blessing for them.

[electronicash]

we are hearing those warning from reputable people like chamath palihapitiya and his cohorts. i don't think those guys are lying to us. some of them are prediction recession is coming in the next 6-12 months but some already said we are in recession already.

the prices of commodities and supplies getting low because of lock downs. its likely that we are already in recession giving that there are already protests happening in European countries.

[Mate2237]

In my country recession is not coming soon but recession is already with us. We are living with recession so whether badly or worst, we are already with it. We are facing depression and recession at the same time so there is nothing to afraid about anything such of that magnitude.
And one thing I understand in the recession period is that, the cause of this economic downturn is caused by the government. There is nothing someone will tell me that I would/will not blame the government of such things.

There are some questions we have to ask. What is the cause of this recession? Is it the population that is over power the commodities? Or there is a fault in the supply chain against the demand. If there is any there government can make things easier for the citizens from top to the bottom.

The governments in the world are to be blame because they allow the capitalists to over power the system so the capitalists do what they want.

[Coyster]

We all live in different parts of the world and across different continents, even without the analysis and predictions, you can make up your mind on what's upon us based on what you see and experience on a daily basis in your country. Quite a lot of things have happened in recent years, especially from the pandemic time leading up to now, and governments have somewhat made terrible decisions like printing more and more money to temporarily solve the problem whilst creating a lasting one that will show up soon enough, there are crisis in major parts of the economy and it is felt especially in prices of commodities and devaluation of fiat. Some countries may well already be in a recession, but we all come from different countries, so the situation is slightly different from place to place.

Having said that, people should have to prepare for a time when worst comes to worst, if you need a hedge to devaluation of fiat, there is Bitcoin to help with that, your funds will obviously be in your control that way, rather than in the control of some oligarchs that make really bad decisions more often than not.

[cabron]

With energy crisis and inflation is uncontrolled by FED, we're sure going there if recession isn't what we are experiencing right now. While we have prices keep rising and winter is here, we sure are going to find it hard to make it if there ain't a lot of savings we have in our pockets to spend.

Yes. Recession can't be avoided if government policies will not be changed. Somehow though only the EU are suffering a lot which is also because of the Ukraine-Russia war. 

[Zlantann]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Recession is when a country experiences a fall in Gross Domestic Product for two quarters consistently. But the recent recession is affecting almost all the economies of the world because many countries have even experienced more than two quarters of fall in GDP. In my country we are not on recession but the effect of the recession experienced by other nations have increase the prices or goods and services. The high cost of gas and crude has affected my nation's economy that we might be heading to recession in few quarters. The main triggers of the recent recession most nations are facing is the negative impact of Covid-19 lock-downs and the Russian invasion of Ukraine. I am not really blaming the government of my nation for the economic hardship because the causes of it are uncontrollable external economic factors.    

[Despairo]

It depends, if most governments can take care of their expenditure, fix their high inflation rate, take care of unemployment and make them get a job etc, it will boost their economy, so recession wouldn't happen. But the question is, does they can did that in short time? obviously not because this is a macro economy problem and the problem is caused by one problem to another. This make the problem is hard to resolve and recession is high likely will come in the next year.

[wxa7115]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Contradiction between the predictions that you listen is simply inevitable as two different people could read the same data and one of them will be bullish while the other will be bearish.

So what is it? Are we in a recession already or we are heading there? I think we are headed there, and while governments will probably try to do their best for their economy to avoid the label of being in recession this is something inevitable if you ask me.

[Smack That Ace]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Recession is when a country experiences a fall in Gross Domestic Product for two quarters consistently. But the recent recession is affecting almost all the economies of the world because many countries have even experienced more than two quarters of fall in GDP. In my country we are not on recession but the effect of the recession experienced by other nations have increase the prices or goods and services. The high cost of gas and crude has affected my nation's economy that we might be heading to recession in few quarters. The main triggers of the recent recession most nations are facing is the negative impact of Covid-19 lock-downs and the Russian invasion of Ukraine. I am not really blaming the government of my nation for the economic hardship because the causes of it are uncontrollable external economic factors.    

In theory, I think that many countries have fallen into recession, including the US, they have had 2 consecutive quarters of negative growth but they still claim that they have not entered a recession. In my opinion, it's all man-made so it's subject to change, so recession or not will depend on how each country measures recession.

You're the first person I've seen who takes a different look at the current crisis. Most people are trying to blame their government for not taking action to prevent inflation and crisis but they don't know that all countries in the world are interconnected, once a crisis occurs in one region or a few countries, it affects other countries. The crisis is happening globally so no country can avoid it, the government is also trying its best, we should also sympathize with them, don't just blame them while the world situation is not getting better.

[Reid]

Are you waiting for one branch of government to tell it? Or you could decide by yourself. Because as how I see it, as a consumer, I can feel that we are in recession already. Wages are not enough for an individual to survive, you will need another job to make it through. But that's the other problem, there's also fewer jobs at this economic situation and instead of hiring, they are actually kicking some employees out because they cannot pay anymore.
If everyone will focus on saving and investing, there will be a problem in consumption rates which means less workers needed.

[stompix]

The United States is in an actual recession after going through two quarters of negative GDP, BUT they changed the definition of what a is considered a "recession". Why? Because it's an election year. The government needs to manipulate economic data and gaslight people.

United states GDP has grown by 2.6% in Q3
https://www.cnbc.com/2022/10/27/us-gdp-accelerated-at-2point6percent-pace-in-q3-better-than-expected-as-growth-turns-positive.html
So even if it was in a technical recession for the first half of the year it's out of it!

we are hearing those warning from reputable people like chamath palihapitiya and his cohorts. i don't think those guys are lying to us.

Oh yeah, reputable people :
The SPAC King Goes Silent With His Empire Shriveling

The guy that news the recession a coming told everyone so and yet somehow miraculously didn't do a thing about
https://www.marketwatch.com/story/the-spacsplosion-is-about-to-become-a-liquidation-frenzy-and-that-may-be-for-the-best-11657884798

Chamath Palihapitiya, for example, is best known for buying Virgin Galactic Holdings SPCE, +3.68% with the first of his nine SPACs, and was dubbed the “Pied Piper of SPACs” by the New Yorker. The shares in his three de-SPACs, however, have since fallen, even though Palihapitiya has managed huge personal gains from the deals. In a recent report by Massachusetts Sen. Elizabeth Warren’s office, Palihaptitiya is listed as an example of the misaligned incentives in SPACs and how the sponsors are rewarded, especially “serial SPAC sponsors,” while leaving retail investors “at risk from SPACs’ convoluted structure and incentives for dilution, fraud and abuse.”
In the end, it is these sponsors, like Palihapitiya and Virgin Galactic’s Richard Branson, as well as Wall Street investment banks for the initial SPAC IPO, that walk away with the big gains. The remaining original IPO investors who are still in these stocks, for the most part, will be lucky to get out with their initial investment. But for the most part, the original IPO investors are long gone.

Oh, another Kiyosaki, telling others how to do their business while running their own into the ground and bankrupting every investor.

[Punakawan]

It's hard to say whether at this time the recession has occurred, I am still in school and get the full fee from my parents so I do not know the economic conditions, but the thing I feel is the price of food and the needs that I bought more expensive.

[so98nn]

I’m paying more for milk, oil, vegetables. I am pretty sure we are into recession already. I am sure everyone is going through the same unless and until they are not richest around. By the way you stated that it’s high unemployment which means that’s actually very problematic mate. Recession plus unemployment is the worst formula for disturbed economic. This is growing all the time considering war situation, ever growing sanctions from powerful countries and everything crippling around that bad circle. It’s gonna make it worst just wait and watch.

[spectre71]

Be very careful of who you listen too and make sure your not shopping for the answers you would like to hear. Remember those folks are there to sell ads or pump (Saylor). It's not all bad either, sometimes the have some ideas or indicators to follow up on your own about.

I've tracked all the big names like Wood, Pomp, Paul et al. They have all been equally as wrong or right.  Charts are a joke... I to listen to Dalio on the markets, he has an excellent grip on the history and why of things.

The news is a joke mostly and the government lies and manipulates data beyond recognition.

Watch actually news (numbers) and historical reactions from those real numbers.

getting investing news of media outlets would be akin to getting a wife off of onlyfans, or worse

After all that, by the numbers, we are in a recession after we are completely done exporting inflation.

[a298b112]

Be very careful of who you listen too and make sure your not shopping for the answers you would like to hear. Remember those folks are there to sell ads or pump (Saylor). It's not all bad either, sometimes the have some ideas or indicators to follow up on your own about.

I've tracked all the big names like Wood, Pomp, Paul et al. They have all been equally as wrong or right.  Charts are a joke... I to listen to Dalio on the markets, he has an excellent grip on the history and why of things.

The news is a joke mostly and the government lies and manipulates data beyond recognition.

Watch actually news (numbers) and historical reactions from those real numbers.

getting investing news of media outlets would be akin to getting a wife off of onlyfans, or worse

After all that, by the numbers, we are in a recession after we are completely done exporting inflation.

Thank you for this. I have similar thoughts. The more I watch youtubers I am starting realise that most of them are just promoting their own youtube channels and making some money of course. On the other hand even those few 'honest' youtubers also might be wrong... after all this is market. And who knows where that beast is heading now, right?

Then again, how and from where we should learn? I know this is big question, however, there should be sources of information one can check time to time and make his mind?
What sources you usually try to keep up with?

[spectre71]

We all want it to be a store of value and counter inflation. It should be right? Maybe someday after maturity and a few mor billion market cap but for now, in my opinion trades like a tech stock.

We are seeing a market that bitcoin or maybe anyone has ever scene before.

I expect it to do what it has always done until enough changes it doesn't.

[Mauser]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Yea we are heading for a recession. Speculators can influence the market, but that is only minor compared to actual economic situation. There are a few important factors which look really bad for 2023. First of all inflation is expected to remain at double digits for 2023. This is probably the worst thing to happen after the Ukraine Russia war this year. In Western countries we have not seen such kind of inflation rates in 40 years. Investors and consumers are scarred and afraid to use their money. The Christmas business this year is going to be bad as many people are struggling with higher living expenses and wages are not rising fast enough. Same with investors, they sold many risky assets only to hold cash. For the economy its very bad if people only hold cash and don't spend it. This will result in lower production and investment for the next year. The reversal of energy prices might only be short term and will not offset the damage it has done the last 10 months. I would prepare for 2023 getting worse than 2022.

[electronicash]

with the inflation that we have right now, you can always tell we are heading somewhere down. the prices of basic needs like sugar or bread is up more than 15%.

USD may look strong global currency but this is because of the speculators hedging in the international market. but locally, you living in US can see the purchasing power of USD dwindling. try buying gasoline. locally, USD is not a strong currency. we are just waiting for something to break and all  currencies in every country will fall. something that will break such as ww3.

[Gayong88]

It is wise to make our own predictions based on the data we see in front of you analytically or generally rather than relying on the opinions of others. If anyone is openly discussing their opinion of where the market is going, it's the market analyst.

In my opinion, recession is a normal process of the economy and don't panic about it. But we need to know the fact that it doesn't come alone. It comes with job losses, inflation, low business activity and poor financial stability.

[Falconer]

In my opinion, recession is a normal process of the economy and don't panic about it. But we need to know the fact that it doesn't come alone. It comes with job losses, inflation, low business activity and poor financial stability.

No panic, but something worth thinking about too. The problem is that we need a solution to minimize economic disruption from the smallest to the largest level, this is something that needs to be considered regardless of the current world economic conditions. The recession will come or it may already, depending on the economic impact it has on ourselves or on a national basis.

It is difficult to achieve stability during this inflation, of course because the currency lost a lot of value. The impact may be measurable through analysis, but we cannot avoid this problem without a definite solution.

[doomloop]

what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

It's been a long time since I heard those words about recession so I think it already came and maybe we are still at it now. It does affect anyone but the effect can vary. for those who are unprepared then they are the ones who will be affected with this badly but the effects are only less for those who are fully prepared but despite of that both can say that recession is not okay since its effects are mostly negative.

Those who said that everything is okay are out of their minds. How can it be okay when the unemployment rate is high? A high gdp is great but I don't think this are experienced when there is a recession but people always speculate here in cryptos, this is how it works.

[Gyfts]

Recession's probably already here. Companies are anticipating a recession and modifying their business operations as such. Q3 GDP reports for the U.S. showed unexpected growth but I expect it's an anomaly as two previous quarters were negative GDP growth. If the U.S. economy is struggling, and Europe is battling with high energy prices, it spells trouble.

Also consider the U.S. federal reserve has announced yet another interest rate hike, 0.75% increase: https://www.usatoday.com/story/money/2022/11/02/fed-interest-rate-hike-live-updates/10561495002/

It seemed that their strategy was to ease the gas on the money printing, incrementally increasing interest rates and hoping the inflation rate for USD would come down. Obviously, they recognize recession is unavoidable so they're aggressively hiking up the interest rates with the acceptance that GDP will slow down into a recession.

If the U.S. economy is in recession, the global economy is in recession.

[rby]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

I dont know if there is a special meaning for recession in economics. If there is no special meaning for recession I can say that we are already facing recession in my country. what you will buy with $5 today in two months time you can no longer buy it with $5,  this was not like this before. Many things has changed and the price of commodities keep going up everyday in other side of the story, fiat currency keeps crashing everyday. This is recession or inflation whatever it is called it is obvious that the economy is at greater danger

[Baofeng]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

I think it's obvious that we have entered recession when we have the Covid-19, two years ago. Every economy is shutdown, people doesn't have jobs, companies are closing down their businesses.

And although majority now are bouncing back and it seems that we are back to normal again, but it's too late as the damage has been done already. US for example, their CPI has been hit and so they are too are in recession. And then the war in the background is one of the factors as well for us to be in the situation that we are in right now.

[Captain Corporate]

You are confusing economical crisis and recession words. Just because there is an economical crisis doesn't mean there is recession. Recession means less money in the markets, and less jobs available and many other "lack of mony in the world" problem, we are having that because of high fed interest rates.

2 years ago when lockdowns first happened we still had unemployment for many, but we had governmnets printing money for free, which means that we were actually having a good amount of trouble in the long run based on just free money, because it caused inflation, while things went up in price, our salaries didn't went up as much, which meant even though we got a raise at work, we couldn't offer the things we used to buy.

Its still a problem, high inflation with low salary increase followed by recession will make sure that most people will bankrupt, and that reset will cause a trouble but the ones who survive that will be able to buy everything from everyone and be richer when the world economy is better.

[Marvell1]

You are confusing economical crisis and recession words. Just because there is an economical crisis doesn't mean there is recession. Recession means less money in the markets, and less jobs available and many other "lack of mony in the world" problem, we are having that because of high fed interest rates.

I also read all the above answers and didn't see people mention the difference between crisis and recession, I think we're just in an economic crisis, not in a recession yet, these two are not the same although there are many similarities. Like the US economy, they had 2 negative growth quarters, in theory they were in recession, but GDP growth in the 3rd quarter could be said to have not entered a recession. The Fed's continued high interest rate hikes will affect the global economy and if they extend the high interest rates into 2023 then I think we will soon enter a real recession.

[Johnyz]

It's hard to say whether at this time the recession has occurred, I am still in school and get the full fee from my parents so I do not know the economic conditions, but the thing I feel is the price of food and the needs that I bought more expensive.

This is where you can learn more about recession, you can start asking your teacher/professor about this one. Well, recession is an economic problem where a country is experiencing and most of the commodities will rise in price. Currently, many countries are getting into that situation and yes the only way to survive is to be prepared. Many are already securing their money into something, cryptomarket is a good option to many.

[Smartvirus]

It's hard not to imagining the coming of a recession with all the things that is happening across worlds today. We've got wars, climate change, increased in every day consumer products and more. Not to mention, we've been hit by a pandemic that sort of reset most of our lifestyle and a recovery from all that have been the bases and its not coming off good still. A recession is sure to hot our world sooner than later and so, one has got to be making preparations when it comes because, it will come. Search out for opportunities and pick up your investments wisely.

[Paul Pogba]

It's hard not to imagining the coming of a recession with all the things that is happening across worlds today. We've got wars, climate change, increased in every day consumer products and more. Not to mention, we've been hit by a pandemic that sort of reset most of our lifestyle and a recovery from all that have been the bases and its not coming off good still. A recession is sure to hot our world sooner than later and so, one has got to be making preparations when it comes because, it will come. Search out for opportunities and pick up your investments wisely.

I think recession is coming, globally or nationally, indeed, a recession has occurred, the state announced that the country was having difficulty paying debts so that many subsidies and public services were reduced, for example many street lights were turned off, but oil and electricity prices continued to rise, making the economic conditions that I feel even more difficult. .

[Mario Yamasaki]

I have felt the economic recession, a lot of prices that I usually buy or the necessities of life are now increasing significantly, besides that it is increasingly difficult to find sources of income, the number of large companies that do business from upstream to downstream makes the opportunity for supply raw materials more difficult.

[Zanab247]

I guess, the recession is here already, and we are about to get out from recession in the world, because the price of commodities has increased higher since governments put solution to pandemic  some months ago. Since the government are still working to take people out from this recession that is affecting many countries economy by creating a good environment for crypto users, and to make a strong demand from the central bank to print out huge amount of money that will make the citizens and their economy to function well again.

[odunybiz]

If the leaders of some countries are not ready to stabilize the economy their country e.g Nigeria, recession may set in soon.

[Darker45]

Well, economists are having different opinions. Some say yes while others say no. However, if we stick to the traditional and simple meaning of recession which is having a falling GDP for two consecutive quarters, then we probably had it after the first and second quarters.

However, those who say no are saying that what's actually happening currently are not indicative of a recession. Unemployment is actually falling to record lows, meaning, jobs abound. Industrial spending and production are also doing good.

But there is also high inflation and prices of goods and services are actually rising. People on the ground are actually having a hard time. Savings are now shrinking due to high living cost. Everything is getting more and more expensive. So while there are indeed jobs, salaries are not catching up with the higher cost of living.

On the other hand, there is actually growth in GDP in the third quarter.

Well, whatever, I guess the bottom line is how the people are actually feeling the economy right now. Regardless of what the economists say, if the people are having a harder time, then we are not doing good.

[Yatsan]

If the leaders of some countries are not ready to stabilize the economy their country e.g Nigeria, recession may set in soon.

Recession would come no matter how prepared or not a country is. It is a reflection on the world economy and is 'somehow' cannot be stopped in an instant; it will cost more than that. Smaller countries has no choice to be carried away by the waves of economic recession. It is a battle of endurance between each of the countries' economy. Those which are bigger would be able to cope longer than weaker ones.

But there is also high inflation and prices of goods and services are actually rising. People on the ground are actually having a hard time. Savings are now shrinking due to high living cost. Everything is getting more and more expensive. So while there are indeed jobs, salaries are not catching up with the higher cost of living.

This is more evident at the present compared to employment rate. Everyone including rich and poor ones are affected by the price hike of almost everything.  One factor according to an article I have read on social media is continuous growth of population wherein it over powers market supply therefore creating huge demand which is hard to handle, and also, yielding to price hike with market goods.

[teosanru]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

It's coming? It has already come. Where do you see GDP rising? Last GDP estimate was of following only we just need one more Negative GDP estimate to offically call it a recession and generally you see the exact definition is slightly flawed what matters is the market conditions extreme inflation accompanied by extreme unemployment and political instability in many countries is a clear indication of recession. It's just that the exact reflection of it is yet to happen in traditional markets.

[Marykeller]

We're not only heading to the recession, but rather we are in the recession already. The whole world is experiencing a global recession, I don't think some countries are exceptions to the economic recession already. which is why you see inflation in food, goods and services products. What triggers the global recession we experience right now, is the convid-19 pandemic that happened 2years ago. The whole world is yet to recover from the damage it caused to the world's economy.

[woez]

A recession means that the economy is not growing and there will be a decline in sales and revenue. It's all about sales, revenue and profits. If this goes down then it is a recession for the company or the country. And the recession spreads like a cancer virus. You will feel the consequences in your work, the cost of goods and thus your lifestyle will decrease day by day.

Everyone should think when they are saving that what if a situation comes in the future and when it will come then plan well to deal with the situation well.

So we have to spend a little less from our income to save money to deal with any future situations like layoffs, hotel bills, etc. This is the final conclusion that recessions are not good so we should avoid them as much as possible but it might come in the form of war or something like that because nothing can stop them from coming.

So be prepared for everything even if good results give but don't go through high level spending either otherwise you might end up in a debt trap or start living on loans.

[kryptqnick]

Like many in the thread, I think recession is already here but that it will get worse in the near future. Depending on your current social status and country, you can become more or less affected by it. My country is in ruins, both literally and economically, so I expect my financial situation to deteriorate, and I'm trying to brace for a rough couple of years. But if you're middle-class or higher in a developed country, you'll notice that you can now afford less than you could afford before, but no huge life changes will probably be needed, unless you get hit with serious unlucky events, like if you're a business owner and your business is suddenly in much less demand because of decreasing purchasing power of others.

[Gallar]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

I don't think a recession will come, things like this are natural, because all countries have just been hit by the corona virus outbreak, it's natural for the economy to weaken.
but that doesn't mean there will be a recession, maybe in a few years it will recover.

[gantez]

I don't think a recession will come, things like this are natural, because all countries have just been hit by the corona virus outbreak, it's natural for the economy to weaken.
but that doesn't mean there will be a recession, maybe in a few years it will recover.

With the general feeling of economic hard times and cut of jobs, it is looking like recession coming. It may not be hitting in all continent at once but people are feeling the heat from the high cost of bills, high inflation rate. Some of these are already happening. See the signs of recession here

Decline in real GDP.
Decline in real income.
Decline in employment.
Decline in industrial production.
Decline in wholesale/retail sales.

[Fortify]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

If we consider Covid to be an anomaly that caused an unexpected recession due to the effect it had on supply chains while also messing up consumer demand, then we were already well over due for a recession by the time it arrived. It made a relatively mild correction and recovered very fast, to the point that it is an economy after thought and the next crisis is brewing. It seems like inflation is going wild at the moment, it's starting to filter through to mortgage rates which will eventually bite the lowest and middle income earners the hardest. Energy prices shot up (although they are coming back down) and that feeds through to almost everything we do and buy - it appears to be the next instigator for recession.

[Lak93xy]

AS always, the question is not whether is it coming but when is it coming. We've been in this financial experiment for far too long by now, so the bubble has to burst eventually. The question is where and when does the actual crash kick off that takes the rest of the poisoned market with it?

[coolcoinz]

I think it's not coming.

Have a look at how the media portray Chinese economy as in bad shape and on the verge of bankruptcy while in reality it's still growing, just slower than it used to.
Why I think it's not happening? Because there's so many doom prophets on youtube who are sure that it's coming and the stock market will fall by another 30-50%.
What do these people have to gain? They make money on this! They sell their predictions and make money in various ways. A good example is Peter Schiff, who is trying to make the world think that everything is going to crash but gold. Gold that he'll help you buy
There's also a number of bitcoin traders who want to scare you from buying because in their opinion bitcoin has to correct 85% because it used to do that in 2014 and 2018.

[STT]

I would state it the other way round, accounting for already current and past inflation we have had a negative GDP relative to that for a few years at least.   Quite a big clue is the decline in wages relative to simple costs like food, the purchasing power parity is declining even for those in employment.  Its part of why creating new money is popular with governments is that it hides low growth because inflation is creating higher nominal numbers and the accounting is variable for actual value of the currency.

[Tallupooh]

I think a recession is really coming. Just look at today, the world is getting more advanced and more sophisticated. but behind it all, the earth we live in today is increasingly fragile and old.

Inflation is now higher and there is always a lot of chaos. I think the more advanced the world is, the better chance we have of approaching a recession.

[wxa7115]

AS always, the question is not whether is it coming but when is it coming. We've been in this financial experiment for far too long by now, so the bubble has to burst eventually. The question is where and when does the actual crash kick off that takes the rest of the poisoned market with it?

It is that simple, “what can’t go forever, won’t” the system that is currently in place has no hope to keep going on forever as at some point a breaking point will be reached and it will need to be replaced by another one.

What we do not know is when that will happen, some speculators have been predicting this for decades and it has not happened yet, and there are reasons to believe governments can still manipulate the markets for a few more decades, and if that is the case it is even possible many of us won’t witness the end of the current system.

[Raflesia]

If the leaders of some countries are not ready to stabilize the economy their country e.g Nigeria, recession may set in soon.

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

[Fara Chan]

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

Currently, almost all countries are experiencing depression due to recession caused by several reasons, the power of the state cannot fully withstand the recession, the world economy is on the verge of difficulty, even the superpowers are no exception.
Recession is a frightening specter for some countries that do not have independent economic power, this can affect the running of an existing government. It can be ascertained that the impact of COVID-19 is really real, the recession is coming to the whole country.

[justdimin]

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

Currently, almost all countries are experiencing depression due to recession caused by several reasons, the power of the state cannot fully withstand the recession, the world economy is on the verge of difficulty, even the superpowers are no exception.
Recession is a frightening specter for some countries that do not have independent economic power, this can affect the running of an existing government. It can be ascertained that the impact of COVID-19 is really real, the recession is coming to the whole country.

Governments could somehow manage to put it under control if they really wanted to, but it would be a very hard pill to swallow and no government aims at making the lives of everyone better in the long run, the aim of any government is to get more votes and stay in power. That’s the problem humanity has faced for decades after decades, the governments we elect do not do what would be good for us, they do what is popular and keep them in power.

So, keeping it this way at a damaging but not crisis level gives them "some" advantage, if they did hard recession measures that would make it very hard, and then they would be ousted, and won't get re-elected, which is not what they want.

[Doan9269]

No matter how the circumstance may be you must always plan ahead in preparation against recession because bthis has been something that has occurred on several occasions and has affected many economics and this only start from the advancement of the economy inflation that many thinks it's not something that could lead to have advanced into recession, don't always wait for it coming, plan and prepare ahead against it's coming should in case it eventually comes then it meets you well prepared with divers alternatives to serve as rescue.

[Fara Chan]

Governments could somehow manage to put it under control if they really wanted to, but it would be a very hard pill to swallow and no government aims at making the lives of everyone better in the long run, the aim of any government is to get more votes and stay in power. That’s the problem humanity has faced for decades after decades, the governments we elect do not do what would be good for us, they do what is popular and keep them in power.

The government in this case has not been able to fully control, especially regarding solutions to overcome the recession, and we also don't want to blame them too much, even though the government's function is to protect and guarantee the economy of its people.
But in this case they failed to make it happen.

So, keeping it this way at a damaging but not crisis level gives them "some" advantage, if they did hard recession measures that would make it very hard, and then they would be ousted, and won't get re-elected, which is not what they want.

and maybe this is more on the political side, in this case it may be difficult for us to understand, because indeed if we have dealt with such matters, it will be difficult for us to develop problem-solving options when dealing with them.

[gabbie2010]

We're not only heading to the recession, but rather we are in the recession already. The whole world is experiencing a global recession, I don't think some countries are exceptions to the economic recession already. which is why you see inflation in food, goods and services products. What triggers the global recession we experience right now, is the convid-19 pandemic that happened 2years ago. The whole world is yet to recover from the damage it caused to the world's economy.

Truly we are in a full blown global recession, many companies had started downsizing, it was twitter last week now facebook sacked 11,000 and many other organizations had sacked many of their employees blaming the slow growth of income as a result of global recession caused by Covid-19 unfortunately this is happening at a time when many countries are battling with Energy shortages, the consequences of the current recession will trigger a lot of hardships especially in third world countries with low GDP thus subjecting their citizens into abject poverty it's up to the government of respective countries to deploy every resources to tackle the recession.

[YouYou0321]

It is also normal for the economy to enter a cold winter when the pandemic comes. Human existence and economy must coexist in harmony with nature. With the current price hike, everyone has no money in their hands, unemployment and bankruptcy are not the darkest days yet.

[19Nov16]

I have felt the recession and now it is increasingly difficult to meet the needs of life, many prices for daily needs that continue to rise so I have to reduce sleep time to find alternative income, but I think that there is always ease when we have difficulty.

[DrBeer]

Not to say that my advice will be useful for everyone. I am absolutely sure that most people leaving the "comfort zone" fall into the "zone of deep depression", with no way out, until someone changes their external environment. Those. they simply do not want to take any action, waiting until someone changes the situation for them.
Tk here - a recession, it's certainly bad. On the other hand, the deterioration of the situation around often leads to the exit from the market of a noticeable number of suppliers of goods and services, which means that EMPTY appears. Which can be filled with your offers, and start earning where an imbalance in supply and demand actually appears, in favor of demand growth. Think about it !

[Raflesia]

I personally feel that for now with the weakening economic condition, regardless of whether we are ready or not, it will surely come no matter which country is certain, even for a strong country, it will definitely benefit from this.
We know that the current state of the US economy is starting to worry that they are actually a country that has a really large economy, especially with a smaller country.
It's not a matter of being ready or not but we certainly feel that way.

Currently, almost all countries are experiencing depression due to recession caused by several reasons, the power of the state cannot fully withstand the recession, the world economy is on the verge of difficulty, even the superpowers are no exception.
Recession is a frightening specter for some countries that do not have independent economic power, this can affect the running of an existing government. It can be ascertained that the impact of COVID-19 is really real, the recession is coming to the whole country.

Actually, if you look at the impact of Covid now, it is one of the reasons for the many things that happen, such as when 2 countries are at loggerheads and so on.
and from this it is difficult not to feel because more or less we as ordinary citizens clearly feel without exception the smallest example of the rising prices of daily necessities today. Nothing goes out without feeling the repercussions and we have to deal with this instead of whining and complaining because it won't do much good.

[BITCOIN4X]

Nothing goes out without feeling the repercussions and we have to deal with this instead of whining and complaining because it won't do much good.

Of course you are right, the average person will definitely feel the impact even if they are people of the upper or middle class economy. I am sure that all this time, micro-enterprises are in difficult times, the turnover they get is not what they expected so that their financial condition is disrupted. It's an impact that won't go away even if we complain, but it will probably be a little different when we're patient and work out a solution.

There's a recession, we're in it. So even if not all of us really feel it, we are already in it.

[odunybiz]

It's hard to say whether at this time the recession has occurred, I am still in school and get the full fee from my parents so I do not know the economic conditions, but the thing I feel is the price of food and the needs that I bought more expensive.

Being in school doesn't stop you from knowing how economy condition is. Are you getting your school and pocket money very quick from your parent as before? Things are so hard in most developing countries this day. I can say we are seriously close to recession.

[Minecache]

I have felt the recession and now it is increasingly difficult to meet the needs of life, many prices for daily needs that continue to rise so I have to reduce sleep time to find alternative income, but I think that there is always ease when we have difficulty.

It's hard to say exactly whether we've entered a recession or not yet. From what I know and the daily economic reports, we are only in a crisis phase and have not really entered a recession because a recession will have more serious consequences than now.

Today, the US announced a CPI index of 7.7%, much lower than the initial estimate of 8%, showing that the US economy is recovering despite having 2 previous negative growth quarters. While the inflation of the EU countries has reached double digits, it is likely that they will enter a recession early next year. We're just facing the risk of entering a recession, not really in a recession yet.

[Kadal Ijo]

Recession will always come because all countries continue to print money, while production does not increase significantly, a natural thing as long as we can increase income, and never complain when recession, from now we must be active to increase income.

[valeneu]

The global economy has faced difficulties since the Covid-19 pandemic. Much of our way of life has changed, prices and unemployment have risen, and the economy has become more difficult. Resolving options should be developed in order to avoid more problem solving.

[Thuy Anh]

Maybe the economy isn't going backwards, it's just that we're running out of money. In this situation, the rich will only get richer.
Ordinary people can't change anything. Prices have not changed, and it is still very convenient for us to travel, but there is less and less money in our pockets.We should make every investment and think about whether the consequences are something we can afford.

[boyptc]

Recession will always come because all countries continue to print money, while production does not increase significantly, a natural thing as long as we can increase income, and never complain when recession, from now we must be active to increase income.

It's the effect that we're having right now because most countries have printed money during the lock down days because they have to. But now that economy of most countries have come back.

Most of them now has to deal with it and if they can't remove it, they have to slow it down because most countries are also suffering from the increased rates of what the FED has made.

[TanhyaTrudy]

We can't change the external environment, so we change ourselves. Whether it's going to be a recession or not, be fully prepared and cash is king.

[tuertezii]

This is the law, the bull market will not come without a recession now, terrible, many of my friends are unemployed, and now they are selling BTC to repay bank loans, the actual situation is very grim.

[imamusma]

It's hard to say exactly whether we've entered a recession or not yet. From what I know and the daily economic reports, we are only in a crisis phase and have not really entered a recession because a recession will have more serious consequences than now.

It literally seems like your point of view is correct, but the current economic impact has led some to think that we are in it. Recession at a narrower level can be interpreted that most people's purchasing power has decreased drastically in the market so that the impact is quite a lot of micro-businesses that have been developing so far have to go bankrupt due to lack of purchasing power. Maybe now the impact has not been at the global level, but nationally it may have been.

The income of micro or macro businesses has been declining due to lack of purchasing power, it is clear that this will threaten their cash flow so that there is no balance. If this continues for a longer period of time, then a global recession is bound to come.

[johngorf]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

2022 is destined to be an unusual year, with epidemics, natural disasters, a long-running Russian-Ukrainian war. The economic situation is very bad, and almost half of my assets in the crypto world have evaporated. Of course, a friend told me that as long as you trust him, you can hold it for a long time. As long as you don't sell it, all losses are floating losses. I believe it, and as long as I can eat a full stomach every day, I will be very fast. I understand a truth: be simple and simple.

[Fara Chan]

Actually, if you look at the impact of Covid now, it is one of the reasons for the many things that happen, such as when 2 countries are at loggerheads and so on.
and from this it is difficult not to feel because more or less we as ordinary citizens clearly feel without exception the smallest example of the rising prices of daily necessities today. Nothing goes out without feeling the repercussions and we have to deal with this instead of whining and complaining because it won't do much good.

It may be true that COVID-19 is one of the causes of the recession, in fact this disaster is increasingly widespread in various countries, so that the impact of the recession is truly experienced and felt by everyone.
The most basic thing is when the price of basic necessities increases significantly, it will affect the lives of some people. Without a word of complaint, people have gone through this process. What advice can be given if this happens, the community needs a solution to this problem, unfortunately the government is not stepping in to fulfill its responsibilities.

[Jatiluhung]

I hope people don't freak out too much with the news about the Recession. We have to stay calm but also have to prepare ourselves. And a recession for some countries has even happened. but when it comes to the Global Recession then that hasn't happened yet. but the indicators that point there are already visible, such as the rapidly increasing inflation rate and banks that continue to raise interest rates, which is also one of the indicators that points to signs of an imminent recession. But some countries now have lower inflation rates. so I think the economic crisis that will occur will not be as bad as what has been reported for several countries. but for some other countries, the economic crisis may indeed get worse. we don't know about the future. but preparations must be made from now. do not complain. and do the best from now on.

[naira]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Whether or not a recession occurs, we only need to be wise in responding and managing finances. Recession or not if we continue to think that the market is always on the path of the bulls then we will feel relaxed. Always be vigilant, and learn when an epidemic hits and it impacts the world economy as a whole. Didn't we learn a lot from yesterday's pandemic?

The question is, will we be able to survive at that time (the Covid-19 pandemic which has killed the economy, including investment and the price of goods has become expensive?

Or maybe the pandemic is also a form of simulation for us to be ready to face a much more severe crisis?

[Tony116]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Whether or not a recession occurs, we only need to be wise in responding and managing finances. Recession or not if we continue to think that the market is always on the path of the bulls then we will feel relaxed. Always be vigilant, and learn when an epidemic hits and it impacts the world economy as a whole. Didn't we learn a lot from yesterday's pandemic?

The question is, will we be able to survive at that time (the Covid-19 pandemic which has killed the economy, including investment and the price of goods has become expensive?

Or maybe the pandemic is also a form of simulation for us to be ready to face a much more severe crisis?

The current crisis is all caused by the covid pandemic and then the war has made it more serious. In 2020, when the pandemic occurs, the loss of life is enormous and the economy is also affected but in that year most of the governments pumped out money to help the country get through that difficult period, so it can be said that the economy is not really as difficult as it is now. This year, we are really facing the consequences of covid.

I don't know what country you live in, but fighting inflation is not as simple as you are saying, goods increase by 30%-40%, even energy is not enough to use...It must be said that everyone has difficulties, especially 3rd world countries.

[justdimin]

We're not only heading to the recession, but rather we are in the recession already. The whole world is experiencing a global recession, I don't think some countries are exceptions to the economic recession already. which is why you see inflation in food, goods and services products. What triggers the global recession we experience right now, is the convid-19 pandemic that happened 2years ago. The whole world is yet to recover from the damage it caused to the world's economy.

Truly we are in a full blown global recession, many companies had started downsizing, it was twitter last week now facebook sacked 11,000 and many other organizations had sacked many of their employees blaming the slow growth of income as a result of global recession caused by Covid-19 unfortunately this is happening at a time when many countries are battling with Energy shortages, the consequences of the current recession will trigger a lot of hardships especially in third world countries with low GDP thus subjecting their citizens into abject poverty it's up to the government of respective countries to deploy every resources to tackle the recession.

This also means that with the downsizing of those companies, there will be a lot more unemployed people, and that means there will be a lot more people accepting less pay, and due to inflation, there are a lot of people who cannot afford many things, and that means there will be a lot less profits for the companies and goes in a cycle.

This means it will keep happening like this forever, because companies will not make any profit, then fire people, those people cannot buy things, and companies have less profits... it just goes on. To stop this, eventually rates will go down, and companies will take huge loans, show that as a loss and not pay taxes, and then they will end up with some good investments and hire people.

[2stout]

No, the recession isn't actually coming because it's actually, really here already, in a rather global manner.  Truth be told, globally, we've been in a recession now for about a year, esp when considering "first" world countries.

[HELENA22]

Looking at it in general economical aspect This speculations regarding recession is not surprising if we look at how inflation has drastically risen since the covid pandemic. This has also prompted the rise in interest and causing rise in eventually almost every commodity making it difficult to businesses and to even save. Economic experts have said if the inflation doesn't reduces then it is most likely for recession to hit.

Another area which may push in recession is the war between Ukraine and Russia. Since the start of the war the supply of energy to other countries by Russia has reduced, this could also drive in recession.

You say what I want to express, the epidemic is a big reason. Although the attitudes of many countries and governments are very open and do not regard the epidemic as a terrible thing, the overall global trade activity has decreased a lot.

[Celinena]

Epidemic, war, economic recession, always invade at the same time, now everything is getting more and more expensive, money is becoming less and less valuable, this is the financial crisis.

[tygeade]

Truly we are in a full blown global recession, many companies had started downsizing, it was twitter last week now facebook sacked 11,000 and many other organizations had sacked many of their employees blaming the slow growth of income as a result of global recession caused by Covid-19 unfortunately this is happening at a time when many countries are battling with Energy shortages, the consequences of the current recession will trigger a lot of hardships especially in third world countries with low GDP thus subjecting their citizens into abject poverty it's up to the government of respective countries to deploy every resources to tackle the recession.

This also means that with the downsizing of those companies, there will be a lot more unemployed people, and that means there will be a lot more people accepting less pay, and due to inflation, there are a lot of people who cannot afford many things, and that means there will be a lot less profits for the companies and goes in a cycle.

This means it will keep happening like this forever, because companies will not make any profit, then fire people, those people cannot buy things, and companies have less profits... it just goes on. To stop this, eventually rates will go down, and companies will take huge loans, show that as a loss and not pay taxes, and then they will end up with some good investments and hire people.

In order to break that cycle most of the time governments make the interest rates lower, and that will stop everything.

For now, if they do it right away, inflation will not be stopped and everything will be more expensive, and to be honest even if nobody does anything with time inflation will slow down, what went from 3 dollars to 5 dollars won't go to 7 dollars, it will stay either at 5 or max be 5.5 dollars, in nations with super high inflation that’s the same logic, you could live in a place where a thing worth 3 dollars went to 8 dollars, but it won't go to 15, it will go to 10-11, all of which means it will slow down. At that point they will slowly drop the interest rate, forcing companies to invest into more work and more profits and hiring more people.

[wxa7115]

I hope people don't freak out too much with the news about the Recession. We have to stay calm but also have to prepare ourselves. And a recession for some countries has even happened. but when it comes to the Global Recession then that hasn't happened yet. but the indicators that point there are already visible, such as the rapidly increasing inflation rate and banks that continue to raise interest rates, which is also one of the indicators that points to signs of an imminent recession. But some countries now have lower inflation rates. so I think the economic crisis that will occur will not be as bad as what has been reported for several countries. but for some other countries, the economic crisis may indeed get worse. we don't know about the future. but preparations must be made from now. do not complain. and do the best from now on.

The fundamentals of each economy are different, so while some economies were able to endure the pandemic and the war with some small problems there are other economies that are suffering greatly because of those two factors which have affected the economy now for years.

So it is important to also prepare ourselves, as we do not know how bad things could get where we live, something that is difficult to do as the economic crisis has lasted for so long that I have my doubts too many people have the resources needed to protect themselves effectively from the upcoming recession.

[Sebas.tian]

Yes, the recession is actually coming, which the governments need to do something fast that will make the recession not to happen in this season of celebration, because many people are experiencing it from the price of commodities in the market. I think, many governments are seriously working to ensure they stop recession, so that it will not reduce the global economy than to make the global economy function in a way many sectors will beginning to feel the impact of the governments. I don't think, what happened to the global economy last year during the pandemic will not happen again, because there are many tools the governments have made available to stop recession.

[Riodarvg]

This also means that with the downsizing of those companies, there will be a lot more unemployed people, and that means there will be a lot more people accepting less pay, and due to inflation, there are a lot of people who cannot afford many things, and that means there will be a lot less profits for the companies and goes in a cycle.

This means it will keep happening like this forever, because companies will not make any profit, then fire people, those people cannot buy things, and companies have less profits... it just goes on. To stop this, eventually rates will go down, and companies will take huge loans, show that as a loss and not pay taxes, and then they will end up with some good investments and hire people.

Since the Covid-19 coronavirus pandemic, the economy has entered a period of recession. High inflation and rising unemployment both attest to the economic hardships ahead, but the economy is at greater risk.

[LogitechMouse]

First of all, what is the basis of a country is in a recession?
The experts said that if a country has a negative GDPs for 2 straight quarters, then it's officially in a recession. US already had a negative GDP on both the first and the second quarter which means that they are technically in a recession. On the other hand, their president Joe Biden said that they are nowhere near the recession.

I mean whether a country is in a recession or not doesn't matter. What matters now is how people got affected by all of what's happening worldwide especially those high inflation from every country. Prices of commodities going higher, salaries can't cope up with the expenses that most people are finding a secondary source of income, employees resigning from their job either because it wasn't enough for them to sustain their daily lives or maybe they want to work from home, etc. etc. Whatever it is, people around the world are having a hard time right now and if you expect that we will be better in 2023, I expect the opposite or at least it might continue until 2023.

[stompix]

First of all, what is the basis of a country is in a recession?
The experts said that if a country has a negative GDPs for 2 straight quarters, then it's officially in a recession. US already had a negative GDP on both the first and the second quarter which means that they are technically in a recession. On the other hand, their president Joe Biden said that they are nowhere near the recession.

The data for Q3 has been already out for months

Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the third quarter of 2022 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis.

https://www.bea.gov/news/2022/gross-domestic-product-third-quarter-2022-advance-estimate

Common, it's November why do we still talk about Q2?
With this growth, the whole technical recession drama has been postponed for the next year!

High inflation and rising unemployment both attest to the economic hardships ahead, but the economy is at greater risk.

What high unemployment when both largest economies post record levels of employment?
https://ec.europa.eu/eurostat/web/products-eurostat-news/-/ddn-20220928-2
https://www.ft.com/content/1f3a7a41-daa8-49c5-ab51-3c0822421e40

[monineklutak]

No, the recession isn't actually coming because it's actually, really here already, in a rather global manner.  Truth be told, globally, we've been in a recession now for about a year, esp when considering "first" world countries.

It is true that without us knowing it, a recession has actually occurred and it is inseparable from the consequences of the war between Russia and Ukraine,
even so we don't panic and still face everything calmly,
but we also need to be careful and wise in making decisions

[royalfestus]

No, the recession isn't actually coming because it's actually, really here already, in a rather global manner.  Truth be told, globally, we've been in a recession now for about a year, esp when considering "first" world countries.

As a result of the uncontrollable rise in prices of essentials, forecasts say the recession will peak in 2023. (https://www.worldbank.org/en/news/press-release/2022/09/15/risk-of-global-recession-in-2023-rises-amid-simultaneous-rate-hikes)
Unfortunately, at the moment, government policies do not translate into corresponding results.

[YouYou0321]

Recession will always come because all countries continue to print money, while production does not increase significantly, a natural thing as long as we can increase income, and never complain when recession, from now we must be active to increase income.

What is even more frightening is layoffs. How do many people live at home when they are unemployed? The price of BTC can’t support it anymore. Take me for example, I travel at least twice a year and buy one or two luxury items, but this year I have nothing Buy, not going anywhere. What an obvious Great Recession.

[Adamlaria]

The GDP of the United States has fallen for two consecutive quarters, falling by 1.6% in the first quarter of 2022 and 0.6% in the second quarter. Such a situation would be counted as a recession in most countries, but not in the United States.
Instead of a full-blown recession, the economy will slow down gradually.

[Gyfts]

https://www.nytimes.com/2022/11/14/technology/amazon-layoffs.html

Amazon is planning on laying off 10k employees, first sign a recession is inbound. Some employees are working on the devices division of Amazon, others are in the retail division. Retail sales peak during the end of the year so it's a bit unusual to see layoffs prior to this peak and before a recession has even been declared.

Generally, employees will be retained during recession for as long as possible for letting them go, oppose to presumptive firings. I suppose Amazon is projecting their revenue to really slump.

[roslinpl]

Many people influence the economy now and economic activities.But the government had a control over it by the money flow to the economy.Sometimes they increase the flow into the economy and make the people to use the money to increase the demand.This will happen at the time of inflation occur at the economy.Economic recession will occur at two phase.One is cost push and demand pull inflation.Both the price and demands will interfere the inflation and further to economic recession.

[mich]

Well this is a recession right now we are witnessing and getting out of a financial hole can be a struggle but it doesn't have to be such a bad time. Many people become depressed at times like this because of the 'bear market' and loss of profits.
There was a time I was in serious debt and thought I would never get out. I got seriously depressed, I mean I got pretty bad there for a while. I started only seeing the negative in my circumstances.  
After talking to a friend at some point I got introduced to meditation around that time and started practicing regularly. The debt was still there but I wasn't as stressed about it. I realized it was much easier to live simpler, spend less and enjoy the process of digging my out.
I eventually did pay off my debts, partially it was due to a lucky investment but I also think it had a lot to do with getting out of the negative mental trap I was in. If I had any advice I would say get your mental health into a great place and then focus on the debt, at least that worked well for me.

[Vinaa77]

What is even more frightening is layoffs. How do many people live at home when they are unemployed? The price of BTC can’t support it anymore. Take me for example, I travel at least twice a year and buy one or two luxury items, but this year I have nothing Buy, not going anywhere. What an obvious Great Recession.

When there are bad things that you don't want to happen around you this year, then try to see more opportunities in different things than you usually do to sustain a better life during the current great recession. Because blaming bad conditions at this time will not help you much to get something more luxurious than the previous year. So try to work differently when conditions are no longer working as they used to.

[BigBos]

So far, from what I have examined, the recession is indeed a big threat for every country that feels it has the potential to be hit by a recession, so that in certain countries after the announcement made by the world bank. then after the announcement was made, the institutions of each country held a plan for handling and anticipating in each region.

like the United States which raised interest rates aggressively to handle it, if this is not done there will be the potential for stagflation or a situation of slowing economic growth accompanied by rising prices (inflation).

The last time I saw the announcement of The Federal Reserve raising interest rates continued to 75 basis points 3.75% - 4% according to market expectations on 3/11/2022.

I think if this is carried out massively and orderly the recession that everyone is afraid of will pass quickly.

[Maidak]

...

I think if this is carried out massively and orderly the recession that everyone is afraid of will pass quickly.

If the Fed continues to raise interest rates at high levels, inflation will fall rapidly, but too high interest rates can also lead to a recession. As far as I see now, we have not really entered a recession, although the crisis is still very serious, the unemployment rate is still not too high and the demand for spending has not fallen seriously. It can be said that we have not entered the recession period yet, recession and crisis are quite similar, but recession will be much worse than now.

[CageMabok]

Recession always comes and is difficult to control, I don't know whether it happens in all countries, but what I feel is the item that I usually buy becomes more expensive and a lot of need to eat is also more expensive and continues to increase every year, moreover the current season's conditions are very difficult to guess And often unexpected, for example, floods or other natural disasters occur.

Natural disasters and floods which can cause raw materials for the production of goods to become scarce and hamper public transportation services in carrying goods are things that greatly affect the increase in the price of food and necessities of life at this time. Because I see this very seriously, which is indeed the reason for the increase in the price of goods in addition to the recession in several countries, which may cover the world this year.

[Semar Mesem]

What I feel now is that the economy is more difficult than a few years ago, I work in an office with a monthly salary of around $450 per month and usually before receiving my salary I have run out of money, I have felt the recession and have felt it more since the last 2 years.

[BigBos]

...

I think if this is carried out massively and orderly the recession that everyone is afraid of will pass quickly.

If the Fed continues to raise interest rates at high levels, inflation will fall rapidly, but too high interest rates can also lead to a recession. As far as I see now, we have not really entered a recession, although the crisis is still very serious, the unemployment rate is still not too high and the demand for spending has not fallen seriously. It can be said that we have not entered the recession period yet, recession and crisis are quite similar, but recession will be much worse than now.

I don't think it's going to be as bad as you think as everyone prepares to fight a recession. What I mean by an increase in interest rates is not an increase in scale, but it needs to be played or can be said to be a tug-of-war to see the line of stability for global economic growth. a recession will occur for countries that are too dependent on other countries.
The occurrence of a recession is caused by a decline in a country's economic growth which has been negative for two consecutive quarters. This condition is affected by the instability of investment, national income, consumption, spending, to export-import.
I think, the US announcement last July, was enough for every country to prepare and anticipate a global recession.

I also believe that there will be a recession but not on a global scale, the recession will have more impact on countries that are dependent on other countries.

[Crypto Legend]

I think the recession has happened, I feel the necessities of life every day continue to increase and now I have to limit many things in order to survive, of course this is a difficult thing and various things I do to be able to get additional income such as selling online, farming and so on.

[Jatiluhung]

What I feel now is that the economy is more difficult than a few years ago, I work in an office with a monthly salary of around $450 per month and usually before receiving my salary I have run out of money, I have felt the recession and have felt it more since the last 2 years.

Yes, I totally understand what you're experiencing. High inflation causes our salary, which is usually enough to meet our needs, even left to save. now we even have to live frugally (reducing expenses) so that the salary we receive is sufficient for our daily needs because even though the nominal wages we receive are still the same, the value has decreased, because the prices of necessities have increased day by day. the effects of inflation that began to get out of control. Recessions do happen. However, I don't know if the scale will be large (global) or small (only in a few countries). But for sure we have to be prepared from now on.

[Inwestour]

Yes, I totally understand what you're experiencing. High inflation causes our salary, which is usually enough to meet our needs, even left to save. now we even have to live frugally (reducing expenses) so that the salary we receive is sufficient for our daily needs because even though the nominal wages we receive are still the same, the value has decreased, because the prices of necessities have increased day by day. the effects of inflation that began to get out of control. Recessions do happen. However, I don't know if the scale will be large (global) or small (only in a few countries). But for sure we have to be prepared from now on.

Previously, during crises, countries with weaker economies suffered the most, but now we see that the crisis has affected almost all countries of the world, even countries with strong economies feel the impact of inflation. This makes life difficult for many people, everything remains the same, we do the same work, we get the same money, but in fact the purchasing power of this money is less than it was a year ago. And what to do in this case, do we need to save more, or work harder, or do we just need to wait out this period when everything stabilizes, and our wages will be recalculated so that everything remains the same, is this possible?

[woez]

The global economy is determined to grow too in the near future. But of course, there are always some political and natural events that can completely change the situation.

The most important step that Preparation can take is to carefully track all the news, and make sure to know what factors can affect economic growth. Let's also see if the role of Politics can change this situation in the near future.

[Maidak]

...

I think if this is carried out massively and orderly the recession that everyone is afraid of will pass quickly.

If the Fed continues to raise interest rates at high levels, inflation will fall rapidly, but too high interest rates can also lead to a recession. As far as I see now, we have not really entered a recession, although the crisis is still very serious, the unemployment rate is still not too high and the demand for spending has not fallen seriously. It can be said that we have not entered the recession period yet, recession and crisis are quite similar, but recession will be much worse than now.

I don't think it's going to be as bad as you think as everyone prepares to fight a recession. What I mean by an increase in interest rates is not an increase in scale, but it needs to be played or can be said to be a tug-of-war to see the line of stability for global economic growth. a recession will occur for countries that are too dependent on other countries.
The occurrence of a recession is caused by a decline in a country's economic growth which has been negative for two consecutive quarters. This condition is affected by the instability of investment, national income, consumption, spending, to export-import.
I think, the US announcement last July, was enough for every country to prepare and anticipate a global recession.

I also believe that there will be a recession but not on a global scale, the recession will have more impact on countries that are dependent on other countries.

Theoretically, when we have 2 consecutive quarters of negative growth, it is called a recession. But it can be seen that the US does not consider them a recession when there are 2 quarters of negative growth and perhaps they are right when the indexes in recent months are showing more positive signs, October CPI is only at 7 .7%. It's still high, but it's probably past its peak.

I agree that there will be no global recession but all will be affected because today all countries are interconnected, no country can stand alone. Countries that depend on other countries is the EU you are talking about, inflation in the UK continues to soar, the highest in the last 40 years .

[dezoel]

Well this is a recession right now we are witnessing and getting out of a financial hole can be a struggle but it doesn't have to be such a bad time. Many people become depressed at times like this because of the 'bear market' and loss of profits.
There was a time I was in serious debt and thought I would never get out. I got seriously depressed, I mean I got pretty bad there for a while. I started only seeing the negative in my circumstances.  
After talking to a friend at some point I got introduced to meditation around that time and started practicing regularly. The debt was still there but I wasn't as stressed about it. I realized it was much easier to live simpler, spend less and enjoy the process of digging my out.
I eventually did pay off my debts, partially it was due to a lucky investment but I also think it had a lot to do with getting out of the negative mental trap I was in. If I had any advice I would say get your mental health into a great place and then focus on the debt, at least that worked well for me.

I agree that there could be some silver lining in all of this. It’s going to be a horrible financial period but using this period as a stepping stone, you could end up a lot richer in the long run after a while. The biggest problem is that we are all having hard time finding cash flow to invest, because after all our salaries are not enough to both survive, and then save some aside and make money. In these type of situations liabilities should be sold, and assets should be bought.

I have sold my playstation 4, my g29 driving set, my old laptop (got a new pc) and many other things during this period and put it all on bitcoin. If you cannot find money, look at what you haven't used in a while, even my old iphone 6 was sold for 200 bucks which I was shocked, but look at what you don't need, and if you can sell them and turn that cash into assets that could make you profit later on.

[tuertezii]

Well this is a recession right now we are witnessing and getting out of a financial hole can be a struggle but it doesn't have to be such a bad time. Many people become depressed at times like this because of the 'bear market' and loss of profits.
There was a time I was in serious debt and thought I would never get out. I got seriously depressed, I mean I got pretty bad there for a while. I started only seeing the negative in my circumstances.  
After talking to a friend at some point I got introduced to meditation around that time and started practicing regularly. The debt was still there but I wasn't as stressed about it. I realized it was much easier to live simpler, spend less and enjoy the process of digging my out.
I eventually did pay off my debts, partially it was due to a lucky investment but I also think it had a lot to do with getting out of the negative mental trap I was in. If I had any advice I would say get your mental health into a great place and then focus on the debt, at least that worked well for me.

I agree that there could be some silver lining in all of this. It’s going to be a horrible financial period but using this period as a stepping stone, you could end up a lot richer in the long run after a while. The biggest problem is that we are all having hard time finding cash flow to invest, because after all our salaries are not enough to both survive, and then save some aside and make money. In these type of situations liabilities should be sold, and assets should be bought.

I have sold my playstation 4, my g29 driving set, my old laptop (got a new pc) and many other things during this period and put it all on bitcoin. If you cannot find money, look at what you haven't used in a while, even my old iphone 6 was sold for 200 bucks which I was shocked, but look at what you don't need, and if you can sell them and turn that cash into assets that could make you profit later on.

This time the Great Recession is the first time I have personally experienced such an obvious gap between prices and income. I sold my car and some collectibles for daily expenses. If this continues Need to sell bitcoins to survive.
I don't know how to get through this cycle, and I don't know how long this cycle is. I thought I could reach a class leap after working hard in encryption for a few years, but I didn't expect to return to the proletariat.

[Lubang Bawah]

Well this is a recession right now we are witnessing and getting out of a financial hole can be a struggle but it doesn't have to be such a bad time. Many people become depressed at times like this because of the 'bear market' and loss of profits.
There was a time I was in serious debt and thought I would never get out. I got seriously depressed, I mean I got pretty bad there for a while. I started only seeing the negative in my circumstances.  
After talking to a friend at some point I got introduced to meditation around that time and started practicing regularly. The debt was still there but I wasn't as stressed about it. I realized it was much easier to live simpler, spend less and enjoy the process of digging my out.
I eventually did pay off my debts, partially it was due to a lucky investment but I also think it had a lot to do with getting out of the negative mental trap I was in. If I had any advice I would say get your mental health into a great place and then focus on the debt, at least that worked well for me.

I agree that there could be some silver lining in all of this. It’s going to be a horrible financial period but using this period as a stepping stone, you could end up a lot richer in the long run after a while. The biggest problem is that we are all having hard time finding cash flow to invest, because after all our salaries are not enough to both survive, and then save some aside and make money. In these type of situations liabilities should be sold, and assets should be bought.

I have sold my playstation 4, my g29 driving set, my old laptop (got a new pc) and many other things during this period and put it all on bitcoin. If you cannot find money, look at what you haven't used in a while, even my old iphone 6 was sold for 200 bucks which I was shocked, but look at what you don't need, and if you can sell them and turn that cash into assets that could make you profit later on.

This time the Great Recession is the first time I have personally experienced such an obvious gap between prices and income. I sold my car and some collectibles for daily expenses. If this continues Need to sell bitcoins to survive.
I don't know how to get through this cycle, and I don't know how long this cycle is. I thought I could reach a class leap after working hard in encryption for a few years, but I didn't expect to return to the proletariat.

The current economic condition is very difficult and selling assets is a difficult choice, but I suggest using money from the sale of cars for business such as fisheries or vegetables, do not need large capital but at least can increase income because of breeding fish and vegetables is easy and We can do it in narrow land.

[Doan9269]

If recession should be coming now or in the near future ahead what are the preparation that we have to tackle the impact on us and the economy at large, we sometimes say somethings and oftentimes take no action against what we foresee to happen which is going to affect our world we lived in, if we cannot proof it that we can tackle the inflation that is hunting down economics how sure or prepared are we to handle or cope against recession if something like that should happen.

[Sayakaaja]

a recession will surely come at its time. No matter how advanced the world is now, surely someday something complicated will happen and come a recession.

[Pejoh Asu]

a recession will surely come at its time. No matter how advanced the world is now, surely someday something complicated will happen and come a recession.

Recession is indeed felt especially since the last 2 years because of the pandemic, we can never stop the recession and the thing we can do is to continue to find a source of income so that we can meet the needs of our lives and not make us sell assets, many things we can do to add Income for example when free time makes videos or tiktok so that they can earn income when many people are seen.

[Lida93]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

If I should be sincere with you then I would tell you we are already into the recession and we are all pretending like it's still yet to come while it's already with us. Every government is just managing to buckle up and patching their loopholes so it citizens doesn't feel the effect of the recession so hard but for how long can they hold. Look at the prices of commodities in the market topping up speedily on a daily , unemployment soaring high even as those employed are being layed off cause the companies can't bear the cost of their numbers.

Time is of the essence so before things go worse you better get yourself prepared by engaging yourself into
sources of multiplee streams of income as to meet up with the hikes of standard of living cause we're already in the start of a recession.