@CoretteLécuyer
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@MaryT.Shearer
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
@adelahogarth2761
Joke's on you ... I did live through the pandemic and the 2008 Credit Crunch, and I'm going watch Bluey anyways.
@TonyVear-z8y
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 3%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
@coreytaylor5386
my dad always had a joke "even in a recession, the funeral business booms" to say that there will always be ways be those who profit even if unintentionally from bad situations
@McCallloung
80% Cash, 15% Physical PMs, 5% Bonds in my 401K. Don't think I've seen such a huge opportunity in such a short time. I'll keep buying bonds. Thoughts?
@harrywatson9854
They keep saying this is the ‘recession we need’—but who exactly needs it? Because for those of us working full-time just to keep the lights on, this feels like more suffering, not a solution. Prices are still crazy, wages are stuck, and now we’re supposed to brace for job cuts and higher interest rates too? If this is ‘necessary,’ then someone please explain how regular people are supposed to survive it—let alone come out stronger. Any real advice for those of us just trying to hang on?"
@Blademaster78
You know when people talk about if we should or shouldn't have a recession soon, I always inadvertently think back to a quote from the 2016 "The Big Short" that I feel keeps me grounded. "If we're right, people lose homes. People lose jobs. People lose retirement savings, people lose pensions. You know what I hate about f*cking banking? It reduces people to numbers — ever 1% unemployment goes up, 40,000 people die"
@AndresCarlos-vw5em
While the immediate market impact of the downgrade was muted, its long-term implications for stocks are tied to rising borrowing costs, fiscal uncertainty, and shifts in investor behavior,at this point how can i utilize a $160k cap in a 5 year margin
@ArchesBro
We owe? Ill leave and go live in a country with low debt. If Jeff Bezos got rich from government going into debt and wont tax it back from him then Ill leave
@kylea1779
The problem is that the people currently in power want a recession to restructure our grift economy to benefit themselves, instead of to fix an economy that is based on artificial margins and financial derivatives instead of reality
@waldenharvey1278
$315 trillion in global debt is no joke. It makes you question how long things can keep going like this. Even if you’re earning well, it’s starting to feel like things aren’t as solid as they used to be, like the rules are changing right under us.
@danielhale1
This video mentions cleaning out the deadwood, and I think he's referencing the lesson of forest fires. We in the USA got VERY good at stopping forest fires, and for a while this was a grand success. But then we realized the consequence: no fires means the deadwood kept building up, until the next fire could not be stopped. Worse than being unstoppable, the fire burns hotter than any natural forest fire, killing the seeds in the ground that would normally replant the area after the fire. We've done the same with recessions: by bailing out companies and quantitative easing too much, we've increased our debt while keeping bad businesses -- the deadwood -- afloat. Some future recession, when it finally hits with full force, could be deadly.
@Outshinedsg
In a recession, lower income people that are already struggling are hurt the most. When lower income groups have to sell off their assets and property to make ends meet during recessions, wealthy corporations (that aren't as affected by the recession) can buy all those assets at fire-sale prices. The wealthy want recessions to happen so they can buy you out at a discount and rent it back at a premium. Just another way for them to further increase the wealth gap and solidify their power and control over all the capital in the economy.
@LetoShade
Funny how often I've been wondering lately if we've been too addicted to infinite growth in the economy. The idea of possibly being a jenga tower about to collapse because we keep wanting to go up without checking our foundations first.
@dyingbatroad
When you refuse to have a recession, because you're afraid people will loose jobs, you inevitably inflate asset prices. We would have had a recession in 2022 to 2023 in the US, but massive government spending kept GDP positive and made up for private sector slowing due to raising interest rates. However that government spending only reflated asset prices while living standards still fell. A recession-less economic downturn therefore still results in a lowering of living standards, but keeps GDP nominally positive. The result is a de-risking of the stock market and risk assets; the Fed put as they call it. 2008 was not a recession but a bankruptcy of the monetary system, and we should stop using the experience of 2008 to scare us into unending government stimulus.
@MrGriff305-d3u
who wins: 1. people who don't lose their job 2. people who short the market or use it as a buying opportunity 3. people who use it as a buying opportunity for real estate
@KnowPiracy-zu7il
I'd like to see a metric that measures the things I actually value. I can't really tell if GDP going up is good or bad or meaningless.
@kosmosXcannon
We never really recovered from the 08 one either. We kept artificially pumping everything up.
@EconomicsExplained