Quote from: kezinaur14 on August 09, 2020, 06:10:02 PM

Can you explain what this new debt can cause? I keep hearing that the world as we know it is going to come to an end, thanks to recessions and whatnot caused by debt, but I wonder what looking at boggingly large numbers helps in terms of, how can I tell if we're getting closer to that just by the chart? Or better yet, can it tell if we're moving away from such tragedy?

If a recession occurs, it means that the economy is sluggish and a budget deficit is bound to occur. To cover the budget deficit, the government took a policy of issuing debt securities and seeking loans. Second, because many countries depend on the dollar when America issues a quantitive tightening policy, the interest rate will be used as a tool to attract dollars back to America, with a stronger dollar, a country's debt will increase in value and require more effort and money to pay for it.

Quote from: bits4books on Today at 05:14:08 AM

Already all the indicators went up and the world began to accelerate again even more than before. All stocks and quotes have already broken through the January indicators and are not going to stop - even those companies that fell before the pandemic are grwoing now. So now its time before the next " eternal growth"

Many countries experienced economic downturns in Q1 and Q2 which means officially entering into a recession. It means we have to get ready that the conditions will get harder in the future. However, the negative figure for economic growth is the average, so that not all growth sectors are negative, some are positive like the agricultural sector.

Each country faces difficult times with its own version. For Singapore, which was originally wealthy, recessions with large numbers were not that difficult, but for countries like Indonesia and the Philippines, recessions that were small in number could be deadly. How it affects poor countries that have debts or coupons due to be paid.