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? )
If we consider Covid to be an anomaly that caused an unexpected recession due to the effect it had on supply chains while also messing up consumer demand, then we were already well over due for a recession by the time it arrived. It made a relatively mild correction and recovered very fast, to the point that it is an economy after thought and the next crisis is brewing. It seems like inflation is going wild at the moment, it's starting to filter through to mortgage rates which will eventually bite the lowest and middle income earners the hardest. Energy prices shot up (although they are coming back down) and that feeds through to almost everything we do and buy - it appears to be the next instigator for recession.