1. Take My Finance Course Here & Learn How To Build ‘Long-Term’ Wealth –

2. Join Our *AMAZING* ‘Awake’ Tribe Here! –

3. UK based? Here Are My 3 UK Property Training Courses:

4. Want A Private 1-on-1 With Me? –

5. Silver & Gold:
🪙 This is where I Buy Silver/Gold Globally –
🇺🇸 This is where I Buy Silver/Gold in the USA –
🇬🇧 This is where I Buy Silver/Gold in the UK –

DISCLAIMER
This video is for entertainment purposes ONLY & designed to help your thinking, not direct it. These videos shall NOT be construed as tax, legal or financial advice and may be outdated or inaccurate; all decisions made as a result of viewing are yours alone.

Scammers: There are scammers who have cloned my YouTube account (and pretend to be me) talking to you in the comments. I will never provide you with a Telegram/WhatsApp number – this is a scammer, DO NOT reply & simply report them to YT. I accept no responsibility for any losses due to you being scammed. Always look for the tick next to my name! If in doubt, click the profile and it will confirm your suspicions when it takes you to a fake page.

Sponsorships: Neil McCoy-Ward may earn an affiliate commission or referral bonus from any product or service listed or discussed.

Trading/Liability: Neil McCoy-Ward operates/trades under a private Ltd company within the Isle Of Man….(read more)

BREAKING: Recession News

LEARN MORE ABOUT: Bank Failures

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

A MAJOR Recession Is ‘Just Around The Corner’ (Says HSBC)

In a recent report, global banking giant HSBC has warned that a major recession is looming, and it may be just around the corner. This alarming prediction has sent shockwaves through the financial world, raising concerns about the state of the global economy.

HSBC economists have pointed out several troubling factors that indicate the possibility of an imminent recession. One of the key contributors is the ongoing trade war between the United States and China, which has created a cloud of uncertainty and disrupted global supply chains. The imposition of tariffs and retaliatory measures has already dampened economic growth and is expected to have long-lasting effects.

Moreover, HSBC has highlighted the growing risk of a disruptive no-deal Brexit. With the deadline approaching, the uncertainty surrounding Britain’s departure from the European Union has already taken a toll on businesses and consumer confidence. The potential consequences of a chaotic Brexit, including trade disruptions and regulatory uncertainties, could exacerbate the already fragile global economic environment.

Another factor HSBC has highlighted is the prolonged period of historically low interest rates, which has left central banks with limited ammunition to combat a downturn. With rates near or below zero, policy levers are becoming increasingly ineffective in stimulating growth. This leaves the global economy vulnerable to shocks, making a recession more probable.

HSBC’s prediction also takes into account the recent signs of a global economic slowdown. Many major economies, including Germany and the United States, have experienced a slowdown in growth rates, reflective of a broader deceleration. This synchronized slowdown suggests that the global economy is in a precarious position and may be hurtling toward a recession.

While HSBC’s prediction is indeed worrisome, it is important to note that other economists have differing views on the matter. Not all experts agree that a major recession is imminent. However, it would be ill-advised to ignore the warning signs. Governments and policymakers around the world would be wise to take necessary precautions and prepare for potential economic downturns.

If a major recession does materialize, it would undoubtedly have significant ramifications for individuals, businesses, and entire countries. Rising unemployment rates, reduced consumer spending, and increased financial stress are just a few of the potential consequences. Therefore, it is crucial for policymakers to remain vigilant and ready to implement appropriate measures to mitigate the impact and stabilize the global economy.

Though the future remains uncertain, it is clear that the global economy is facing numerous challenges that could potentially lead to a major recession. Time will tell whether HSBC’s predictions prove accurate or if the global economy can weather these stormy waters. One thing is for certain: prudent economic planning and preventive measures will be crucial in navigating the uncertain times that lie ahead.