There is much discussion in both the print and electronic media regarding the probability of global recession as a consequence of ongoing war in Ukraine, but I think unlikely to happen any time soon, even if it does, it is expected to be less severe than recession in 2007, as global GDP is still growing albeit at a slow rate. The real challenges for policy makers are growing debt, climate change and increasing frequency of natural disasters, such as earthquake, hurricanes and floods, which pose significant risk to world economy. These need to be addressed by global community urgently, in order to ensure a stable and thriving economy.
Recession or no recession we all need to make sure that we keep loving and paying our bills. Global recession should not bother us because we have enter it before end we came out successfully and now if it comes to us again then we have no option than to bear our loses and continue doing what will put food in our table and pay our bills.
You are right, we will not get away from our apartment bills, utility bills, etc. therefore, many, including me, have a job that has a constant stable income. I like that it gives me confidence in the future during the recession that is going on now. Nevertheless, I firmly believe that the future belongs to Bitcoin and cryptocurrencies. They will lead us to a better life, recessions and crises will end. And a new crypto spring will come!
