Post
Topic
Board Economics
Re: Is recession coming actually?
by
wxa7115
on 01/11/2022, 03:02:52 UTC
I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )
Contradiction between the predictions that you listen is simply inevitable as two different people could read the same data and one of them will be bullish while the other will be bearish.

So what is it? Are we in a recession already or we are heading there? I think we are headed there, and while governments will probably try to do their best for their economy to avoid the label of being in recession this is something inevitable if you ask me.