Has everyone become too pesimistic about the economy?

[kro55]

I never been become pessimistic about the economy since  I never depend on the government for my living.
-cut-

I don't think you are grasping how much you are depending on government and how much it affects your living even if you are not living with welfare.

Depending where you live governments are the reason why you have for example working transportation, water, energy, education, healthcare, cultural, defence, security and safety and communication infrastructures in place. And i am sure i forgot many others.

Government is a complex system and many of us don't seem to appreciate what they get from it until it's taken away.

Nowadays, many people can do their own business, and make money online, and they start bragging that they don't need the government or anyone for help, they become arrogant and look down on the government. But they don't know that their safety, their work smooth and undisturbed...it's government contribution. It can be said that the government plays an important role in our lives, without them, surely everything would not exist as it is today, although they also have a lot of shortcomings and blame.

[Uruhara]

I'm pessimistic about my country, but optimistic about my future. I've tried to understand what the motivea are behind the actions on the world chess board, and I hope I've arranged my affairs to take advantage of the changing situation. The Russia/Ukrain war is an American war, and it was instigated by Washington to clear out a load of old and broken weapons which could be charged to the taxpayers. Do you realise that Putin negotiated a peace settlement over a year ago, and this was signed by both Ukrain and Russia. It was agreed that Ukraine would remain neutral and not join NATO, and in return Russia would pay several million dollars, and withdraw troopps from Kiev. Well Russia honoured its side of the bargain, but following a visit by Boris johnson ( and Eton/Oxford banking elistist) Ukrain reneged on its agreed part, and opted to continue allowing Ukrainians to be killed so that the military industrial complex could continue to reap the profits. There will never be peace until the power of the Eton/Oxford elites are removed from political power. Don't forget Clinto and othe Americans were Oxford Rhodes scholars.

There will be a recession across the globe. The misuse of energy and the Net Zero initiatives will ensure this. The bankers need to do something to lose and reduce debts.

The biggest threat to our future is the poisoning of our food supplies, and the introduction of oral mRNA "vaccines". Plus all of the other pharma poisins that are spreading around the world. I'm contantly amazed that som many people support the "green new deal", and fail to realise that it is really a "grey new deal" designed to inflict severe damage on the envirinment and national economies,

At least if you are quite optimistic about your future then that is good enough. Because basically now is how we can save ourselves from all economic threats, be it inflation or recession. As long as we can handle it at least for ourselves and our families then that's more than enough.

Actually all the events that started from the Pandemic, the printing of excess money which was distributed to the public during the pandemic (the forerunner of inflation), Vaccines, the emergence of the Russian-Ukrainian War which became a trending topic in all media which distracted people from the pandemic so that in a short time it had been extinguished news about the pandemic, continued with the issue of inflation, an increase in interest rates which actually triggered a recession, the announcement that the pandemic was over. and if we pay attention to all of these plots, in fact they are all like a series of events with beautiful plots that look natural but neatly arranged. I don't know what actually happened to the global order. but what I do know is that we have to be prepared for what comes after this. the most important thing is that we must have stronger economic resilience.

[BitcoinTurk]

Although I have an optimistic personality, I have started to have very pessimistic thoughts about the global economy especially in the last 1.5 years. These pessimistic thoughts imprison my mind as I see that the country's economies cannot develop due to extremely difficult conditions as well as the ever-increasing living costs, house rents and personal expenses. I constantly think that we may face an economic crisis worse than the 2008 crisis especially due to the inflation problem we have been encountering recently, the impoverishment of the households and the fact that the central banks are constantly printing money.

In general the economic measures taken are only to save the day and if we need to think about the negative impact on the economy in the long-term process, unfortunately, there is no other time left to be pessimistic about the world economy.

[mvdheuvel1983]

I'm a pleb like most of you, and I too have, many times, become pesimistic about the economy in general and in what's about to come. But has anyone ever considered that,
- The economy is not going to crash into a recession

We need more data to be able to forecast that the present economic situation isn't going to lead us into a recession. I do not trust the economist saying that the economy is looking resilient in the face of inflation. Maybe the less people filing jobless claims is a reason for their conclusion but whatever it is, I am indifferent to it.

- That the Russia - Ukraine war will not escalate into a European war

True, unless one side gets more sophisticated weapons supplies and also if military aircrafts supply from the West will get into the game then there may be a full blow European war.

- That Gensler CAN'T truly ban crypto

Used to be a fan of Gensler but not anymore. Now he is just a puppet of the government following a script written by his tax masters. I strongly believe that Gensler can't ban crypto. Bitcoin enthusiast should have him kicked out during the next election by voting a pro-bitcoin candidate.

[Pierre 2]

I definitely agree. I can't understand why everyone is that much pessimistic honestly. I would agree that banks bamkrupting in United States is definitely terrible thing. War in Europe and Russian gas embargo are another terrible crisis. But eventually we are not exactly going into crisis - we are IN crisis, in my opinion. I feel like war on europe will ease. American central bank will also start to soften its standing. They are sort of making effects of crisis softer so we won't crash but "soft land" (as OP said). I am more optimistic than many people.

[Marvell1]

- That Gensler CAN'T truly ban crypto

Used to be a fan of Gensler but not anymore. Now he is just a puppet of the government following a script written by his tax masters. I strongly believe that Gensler can't ban crypto. Bitcoin enthusiast should have him kicked out during the next election by voting a pro-bitcoin candidate.

I'm curious, what made you a fan of Gensler? He works for the SEC, and the SEC is a part of the government, and what they do needs to be directed by the government, they are not a justice organization that operates without anyone's oversight. Since I know bitcoin, I have realized many things and no longer put too much trust in the government or any legal authority.

Not even the US government has the power to ban cryptocurrencies, they are just one country, not the ruler of this world, they have no power to order or dictate to us all, let alone Gensler, he's nothing.

[mirakal]

I like to think positive all the time, so I'm optimistic that the economies of the big countries will survive, and consequently, the poor countries will not be affected. Despite the economic challenges we are facing now, I have personally already felt the inflation in our country. However, I'm still surviving because I'm well aware of the current situation.

Now, since we are involved in crypto, we've seen a lot of ups and downs already. I believe as an investor, we are risk-takers, so we can always adjust to any situation.

- That the Russia - Ukraine war will not escalate into a European war

The war between these two countries is the worst in your list IMO, but look where we are now, still surviving, so there's nothing to worry.

[CageMabok]

Nowadays, many people can do their own business, and make money online, and they start bragging that they don't need the government or anyone for help, they become arrogant and look down on the government. But they don't know that their safety, their work smooth and undisturbed...it's government contribution. It can be said that the government plays an important role in our lives, without them, surely everything would not exist as it is today, although they also have a lot of shortcomings and blame.

I think I also have to agree with what you say, because almost everyone has seen and probably felt it when a country is not in a safe condition. So that makes citizens not so free to work even though the citizens work online, so I think there is no need to be too arrogant even though you can make money online because basically every citizen also has to follow the rules of their respective countries so that their life becomes easier. safe and easy to work with. Because I can't imagine working in a country that is not safe or in a country where conditions are at war.

[Jawhead999]

Yeah it seems many influencers were successful to make people panic with the economy in this year, they can accumulate investment commodity cheaper and now the commodity price went up.

The bad economy only happen on Russia and Ukraine, also with other third world countries that depends on imported product from developed countries.

Next year, the whole economy would be back like it was, as long as the Russian invasion not become more serious.

[Dr.Bitcoin_Strange]

- The economy is not going to crash into a recession.

I just fear that the economy will not crash into recession, which is going to lead to so many people dying due to malnutrition and starvation. There are still some countries that are considered poor nations according to their gross national income, and if the recession strikes so hard, of course it could get to the extent that I presume, but I still stay optimistic and hope that it doesn't get to that extent.

Recension, war, or a pandemic is the worst thing that could mess up the economic system in a great deal, because if there is peace, at least everybody leaves in harmony; if there's no recention, people will somehow manage what they have as long as they also get to meet their ends needs. I just hope that one day things will get better instead of growing worse.

[Patrol69]

Economic recession in our country can be a big problem. Because my country is a developing country. The people of my country are not able to overcome the economic recession completely. But the government and different media are doing different campaigns to deal with the economic recession. And various banking institutions are campaigning online and offline about the economic downturn. As a result of which people are already thinking about this matter and if ever there is an economic recession in our country, they are making various plans about how people will deal with that economic recession. Without thinking about it now, they are investing or saving the money in various places for better future. Since this is being forewarned, I am hopeful that if there is an economic recession in our country, the people of our country will be more able to cope with the economic downturn.

[slapper]

Economic recession in our country can be a big problem. Because my country is a developing country. The people of my country are not able to overcome the economic recession completely. But the government and different media are doing different campaigns to deal with the economic recession. And various banking institutions are campaigning online and offline about the economic downturn. As a result of which people are already thinking about this matter and if ever there is an economic recession in our country, they are making various plans about how people will deal with that economic recession. Without thinking about it now, they are investing or saving the money in various places for better future. Since this is being forewarned, I am hopeful that if there is an economic recession in our country, the people of our country will be more able to cope with the economic downturn.

Your nation's proactive steps to stave off a potential recession is genuinely stirring. It reflects a commendable spirit of fortitude and readiness. The campaigns to increase cognizance about potential economic upheaval and prompt future planning are noteworthy.

The solidarity and collective duty echoed in your words are encouraging. It implies a community ready to rally support in difficult times. This is an asset that could strengthen your nation's recession resilience.

Further, fostering innovation and startups during such times could prove beneficial. Such ventures create jobs, driving economic recovery and growth.

[Unbunplease]

Economic recession in our country can be a big problem. Because my country is a developing country. The people of my country are not able to overcome the economic recession completely. But the government and different media are doing different campaigns to deal with the economic recession. And various banking institutions are campaigning online and offline about the economic downturn. As a result of which people are already thinking about this matter and if ever there is an economic recession in our country, they are making various plans about how people will deal with that economic recession. Without thinking about it now, they are investing or saving the money in various places for better future. Since this is being forewarned, I am hopeful that if there is an economic recession in our country, the people of our country will be more able to cope with the economic downturn.

Recession is more of a manipulative threat. Prudent politicians will not allow a real recession, or it could have unpredictable consequences. Fear of recession creates space for short-term manipulation. Of course, such a possibility is worth considering, but there is no 100% guarantee of a recession.

[SyndicateLabs]

Life is not always predictable and as we would like, I can also see the sadness of many people because life is really hard, but there are clearly many things in life that make life difficult we have to worry about a lot, from food, family, relationship problems outside of family, work, environment, education, health, energy,... heaps of things that I can think about it every day and lament that life is not easy. But that doesn't mean I have to end it with death or give up everything just to live alone and be free, difficulties for us to overcome, there are no limits, don't be so unrealistic more realistic for the present life is something that I draw on myself after many different failures in life, and always cherish in this life and love people and other creatures.

[karabiber]

Although I have an optimistic personality, I have started to have very pessimistic thoughts about the global economy especially in the last 1.5 years. These pessimistic thoughts imprison my mind as I see that the country's economies cannot develop due to extremely difficult conditions as well as the ever-increasing living costs, house rents and personal expenses. I constantly think that we may face an economic crisis worse than the 2008 crisis especially due to the inflation problem we have been encountering recently, the impoverishment of the households and the fact that the central banks are constantly printing money.

In general the economic measures taken are only to save the day and if we need to think about the negative impact on the economy in the long-term process, unfortunately, there is no other time left to be pessimistic about the world economy.

States encouraged people to consume in order to revive the slowing economy with the pandemic, and the inability of production to adequately support this situation turned the economies of most countries upside down. The rapidly increasing population and demand upset the balance of the world economy. In my opinion, the globalization trend that started especially after the 80's, the removal of borders and the interdependence of countries in world trade are one of the main reasons for the economic depression we live in today.

The USA, one of the carriers of the world economy tried to relieve its country and world trade by printing free money with the fear that occurred during the pandemic but with the end of the pandemic, the public's response to the free money was poverty. People are quite right to be pessimistic lately because we can observe that the wheels of the capitalist system are starting to stop. As the wheels slow down poverty will increase and our prosperity will decrease. All these experiences prove that we do not show much pessimism but a realistic pessimism.

[beerlover]

I guess that a "good" country has a government that provides more to its citizens than it takes from them. But unfortunately, this is not the case in many countries... I think we can say that even in some good countries situation now looks a lot different than before with so many immigrants from all countries. This is an interesting article: https://foreignpolicy.com/2021/11/17/even-sweden-doesnt-want-migrants-anymore-syria-iraq-belarus/

But we can't forget that even many of those "good" and developed countries made their economy by exploiting everything and anything, mostly in the third world countries and people who live there... they still do it. So this kind of economy we have now (and for centuries) should end... I am optimistic about that end! Simply if we wish to see a better world (not just some countries and cities with "privileges") for all the people (not just for the "elite") we need to see some big changes. And that will happen eventually, I can only hope that I will be alive to see that.

It's understandable that nations started to say no to immigrants because when you start accepting just a few, then thousands and thousands will follow them. It all started with getting educated and needed people, you can't cover all the positions at some jobs, so you hire people from other nations who are willing to relocate, and that was a good idea because it allowed the nation to have people in all jobs that are needed, could be high end job, could be low end job, but it was needed.

After that, we ended up seeing tens of thousands migrating due to wars, Arab spring in 2011 started that, and in the last decade or so more people relocated than many decades before. Now we have tens of millions of middle easterners living in western nations because of that.

[Ziskinberg]

I never been become pessimistic about the economy since  I never depend on the government for my living.
-cut-

I don't think you are grasping how much you are depending on government and how much it affects your living even if you are not living with welfare.

Depending where you live governments are the reason why you have for example working transportation, water, energy, education, healthcare, cultural, defence, security and safety and communication infrastructures in place. And i am sure i forgot many others.

Government is a complex system and many of us don't seem to appreciate what they get from it until it's taken away.

Nowadays, many people can do their own business, and make money online, and they start bragging that they don't need the government or anyone for help, they become arrogant and look down on the government. But they don't know that their safety, their work smooth and undisturbed...it's government contribution. It can be said that the government plays an important role in our lives, without them, surely everything would not exist as it is today, although they also have a lot of shortcomings and blame.

Even though we think that our government is not good when it comes to solving our economic problems but still, they have a big role to play in our country as their decision is very important. Yes, it was not all about economic solutions but also the security defense against any act of terrorism and intruders because this also has a significant effect on our business and economic growth. I do still think about the conflicts but of course, I'd also think about their ends, maybe when someone accepts their mistakes.

[Silberman]

Although I have an optimistic personality, I have started to have very pessimistic thoughts about the global economy especially in the last 1.5 years. These pessimistic thoughts imprison my mind as I see that the country's economies cannot develop due to extremely difficult conditions as well as the ever-increasing living costs, house rents and personal expenses. I constantly think that we may face an economic crisis worse than the 2008 crisis especially due to the inflation problem we have been encountering recently, the impoverishment of the households and the fact that the central banks are constantly printing money.

In general the economic measures taken are only to save the day and if we need to think about the negative impact on the economy in the long-term process, unfortunately, there is no other time left to be pessimistic about the world economy.

States encouraged people to consume in order to revive the slowing economy with the pandemic, and the inability of production to adequately support this situation turned the economies of most countries upside down. The rapidly increasing population and demand upset the balance of the world economy. In my opinion, the globalization trend that started especially after the 80's, the removal of borders and the interdependence of countries in world trade are one of the main reasons for the economic depression we live in today.

The USA, one of the carriers of the world economy tried to relieve its country and world trade by printing free money with the fear that occurred during the pandemic but with the end of the pandemic, the public's response to the free money was poverty. People are quite right to be pessimistic lately because we can observe that the wheels of the capitalist system are starting to stop. As the wheels slow down poverty will increase and our prosperity will decrease. All these experiences prove that we do not show much pessimism but a realistic pessimism.

Another problem is that while many small businesses went bankrupt, the super rich became even richer due to the preferable policies they got while everyone was forced to stay home and maintain their businesses closed, so people are seeing the capitalist system they have fought to protect now only benefits the rich, and if that is the case what is the point of keeping the system afloat? So they become extremely pessimistic about what is to come because that is the only way they are going to have any chance to thrive economically again.

[BIT-BENDER]

Well I won't blame anyone for being pessimistic about the economy, if fact how it looks like is many countries of the world especially the developed countries aren't concerned at all with the state of the economy they have rather found other not so necessary. They are mostly interested in power that's why we have wars going on and countries are more bothered about how another country rules themselves and they the want to interfere.

I believe the state of the global economy is dieing because we have started to have the wrong government in charge and they all have misplaced priority.

[hannahB4]

There are some things you see happening in your environs and Country and the thought will cross your mind that can things ever be good again. But I always try to be positive about anything I am concerned with at least that I have to take part in I do my best to give it the best result. Sometimes I give up on what is happening in the economy and other times I just think all will be well again