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Author Topic: Is recession coming actually?  (Read 1020 times)
19Nov16
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November 10, 2022, 07:01:17 AM
 #61

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.


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November 10, 2022, 04:13:27 PM
 #62

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 !

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November 10, 2022, 08:26:53 PM
 #63

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.

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November 10, 2022, 09:36:34 PM
 #64

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.

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November 10, 2022, 11:06:27 PM
 #65

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.

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November 10, 2022, 11:21:49 PM
 #66

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.

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November 11, 2022, 07:01:32 AM
 #67

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.

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November 11, 2022, 07:44:17 AM
 #68

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.
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November 11, 2022, 08:10:28 AM
 #69

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.
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November 11, 2022, 02:23:36 PM
 #70

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.



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November 11, 2022, 04:31:47 PM
 #71

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.
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November 11, 2022, 04:41:35 PM
 #72

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.
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November 11, 2022, 07:17:24 PM
 #73

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.

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November 12, 2022, 08:09:15 AM
 #74

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.
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November 13, 2022, 09:23:05 AM
 #75

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.

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November 13, 2022, 01:03:16 PM
 #76

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.

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November 13, 2022, 01:40:35 PM
 #77

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?

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November 13, 2022, 02:12:08 PM
 #78

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.



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November 13, 2022, 08:08:02 PM
 #79

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.

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November 13, 2022, 11:05:14 PM
 #80

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.
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