Quote from: fiulpro on Today at 07:45:35 AM

Are we heading towards recession or are we in a recession ?

According to IMF, International Monetary Find, we are directly heading towards recession and the economy is getting darker and darker. According to them even a positive growth in economy won't feel like a positive growth since :

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We estimate that countries accounting for about one-third of the world economy will experience at least two consecutive quarters of contraction this or next year," said IMF Managing Director Kristalina Georgieva during a speech at Georgetown University, CNN reported.

"And, even when growth is positive, it will feel like a recession because of shrinking real incomes and rising prices."

World can be expected to loose 4 trillion apparently between now and 2026, which is a huge amount. This was already expected to happen the shock waves of the Pandemic, then the War and then Natural disasters in certain Countries.

Not only that, we cannot even lay our hands on the risk assets as well :

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Overall, the economic environment for risk assets is deteriorating. Stagnating global industrial production, persistent cost pressures, and rising financing costs all suggest a prolonged period of low risk appetite

Which means : Bonds, commodities, real estate may all fall drastically as well.

How can we make sure to survive the fall ?
- Can cryptocurrencies work in this environment?
-The current ups and downs in cryptocurrencies have certainly made it hard to breathe for the investors
-What can we do to make sure we survive the whole economic recession? ( Certainly don't put all your money in the banks )

Read the full article here : https://www.google.com/amp/s/www.zeebiz.com/economy-infra/world-economy/news-world-could-lose-4-trillion-in-economic-output-between-now-and-2026-worth-size-of-german-economy-imf-202209/amp

It's been said for some time now that a recession is around the corner and it is just about to hit. There was definitely a post Covid boom, but with the Russian war on Ukraine that has thrown everything back out of order after two years of slow recovery. China is still attempting their crazy zero Covid experiment at the same time, which is really not helping the situation and can result in megasize cities going into lockdown overnight on a regular basis. That is simply unsustainable disruption to all kinds of supply chains, but maybe it'll change when dictator Xi Jinping has his little ceremony again this month. Hopefully Russia will simply leave Ukraine and thing can start to go back to normal soon.