I simply don't see where the recession of a thing or the economic instability of the USD is coming from. Fine, they are not yet entirely out of the wood but the days of desperation and panic are certainly not now.
I think people's purchasing power is weakening which is participating in this and then energy commodities are shooting up, causing inflation to soar high. Yes. Hot inflation has made the world's central banks decide to tighten monetary policy by raising interest rates. In the end, this was considered a recession trigger.
One of the triggers for a recession is caused by the central bank's efforts to fight inflation by raising interest rates. This triggers a slow withdrawal of money circulation which causes economic flows to slow down. And the second trigger is the awareness of the people themselves who are starting to realize the importance of saving and making preparations to face an economic crisis that could occur at any time. This makes people save more and not spend a lot of money. This causes financial flows in the market to decrease. In fact, it is suspected that people's purchasing power has decreased. And that's when a recession occurs, namely when people's purchasing power decreases as a result of the country's economy not improving within a certain period of time. And I think something like that is happening in my country too. It's just that now the condition has improved. So I hope a recession can be avoided.