Is a Global Hard Recession coming in 2023?

Hard Recession in 2023?

  • Yes

    Votes: 18 64.3%

  • No

    Votes: 10 35.7%
  • Total voters
    28
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Is a Global Hard Recession coming in 2023?
 
secretagentdad said:
Already started.
Seems to be getting worse.
Updating the definitions doesn’t change reality.

I’m a little optimistic. If oil prices can stay down we might get out of recession next year.
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Yes, bt it's supposed to be a 'hard' recession as in great depression event.

of course, ironically.. in the same time as the world's currency sytem is changing
 
Yeah that's the conspiracy, that the collapse is being precipitated to clear and pave the way for central bank controlled digital currency. Personally I think that gives these people too much credit.
 
COVID in 2020 and 2021. War in Ukraine in 2022. Another Great Depression ahead in 2023. Inflation at record numbers. Huge tech layoffs. FML.

Call me crazy but I think this is a sign of the end of days and we're here because we rejected Jesus. This is what we get for embracing Socialism and Atheism and the welfare state! It says so in Revelations.

Whose with me on going to the nearest Kingdom Hall of Jehovah's Witnesses to learn how you can obtain Everlasting Life on Paradise Earth! **hands out Watchtowers**

... just kidding. I'm not that fatalistic (lol)
 
Well, it makes sense logically
Take the money out the hands of the many to be held by much fewer
then change it over to the new currency system
And make the masses beg for the new

Then all of the nonsense makes sense
 
we are already in recession.
The debt ceiling has been reached. No interest payments were paid in February.

October 18th is the deadline.

The question now is which industries will survive and grow in recession?
 
I’ve been a bear on US markets for many years and I’m still shocked how long the US has been able to kick the can down the road. Not to mention how the US consumer feels so pinched and broke but the stocks soar. Bravo to someone I guess.
 
Zach said:
Not to mention how the US consumer feels so pinched and broke but the stocks soar. Bravo to someone I guess.
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My understanding on this point in particular is that the supply chain issues we faced a couple of years back due to Covid created a situation where supplies were down for many items, so price went up accordingly. From there, many companies realized that just keeping prices up (while still selling fewer items) was actually more profitable.

That's a separate issue from housing, which is largely a supply shortage. Millions of homes that would have been created during 2020-2022 were not due to supply chain problems, the inability to work and so on, and we've never caught up. The good news is that lumber prices are down for the most part, so that's one hurdle cleared, but interest rates have created a different hurdle that wasn't there a few years back.
 
John__N said:
we are already in recession.
The debt ceiling has been reached. No interest payments were paid in February.

October 18th is the deadline.

The question now is which industries will survive and grow in recession?
Click to expand...
Loan Sharking. Gambling. Women.
As is always intended.
 
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