Post
Topic
Board Economics
Re: Is recession coming actually?
by
johngorf
on 12/11/2022, 08:09:15 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? )

2022 is destined to be an unusual year, with epidemics, natural disasters, a long-running Russian-Ukrainian war. The economic situation is very bad, and almost half of my assets in the crypto world have evaporated. Of course, a friend told me that as long as you trust him, you can hold it for a long time. As long as you don't sell it, all losses are floating losses. I believe it, and as long as I can eat a full stomach every day, I will be very fast. I understand a truth: be simple and simple.