The government still not admitted this, they say they are going into a recession but the situation tells that we are already in recession.
Worst case scenario can still happen though, better to save more cash with your hands and stop spending on unnecessary things, worst economy might still happen though. What's the best thing to do during the recession? I'm actually not expert to this since I'm too young for the last recession, have to prepare for this one.
Government have double faces. They say one thing in public and they say the other thing in office.
The power game is horrible on thing which is in our hand is that we need to be financial independent to over come all this.
Speaking of the government, my trust in them has actually diminished. Especially when it comes to politics, in my opinion they are nothing more than a group of people who are hungry for power, although I also do not deny that there are also those who are very concerned about national interests.
A recession is already happening, it's just that it may not seem real. For some people say the recession is already happening because they got the initial effects of the beginning of a bigger recession. But some people who haven't felt the impact will say it hasn't happened yet. Ready or not, like it or not, we have to prepare everything when the recession really happens.