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Video host: Jaspreet Singh
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DISCLAIMER CONT’D: I’m just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet’s opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence….(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Where Is The Recession?
As the global economy continues to evolve, there is a prevailing question on many people’s minds: Where is the recession? With worldwide economic growth being a cornerstone of stability and prosperity, concerns about an imminent downturn have been circulating for quite some time. However, despite the occasional signs of economic turbulence, a full-blown recession has yet to materialize.
There are a few key factors that have contributed to the absence of a recession on a global scale. Firstly, central banks across the world have implemented proactive measures to stimulate economic growth. They have reduced interest rates, injected liquidity into financial markets, and rolled out extensive fiscal stimulus programs. These measures have helped to prop up economies and prevent a major downturn.
Moreover, the strong resilience of certain sectors, such as technology and healthcare, has buoyed the overall economic performance. These industries have continued to thrive, making significant contributions to job creation and overall economic activity.
Additionally, global economic interdependence has played a crucial role in maintaining stability. Countries have become increasingly interconnected, relying on one another’s markets and industries. When one region experiences a slowdown, others can step in to fill the void, thereby preventing a recession from becoming a global phenomenon.
However, there are still concerns that point to potential risks in the future. One of the key factors is the growing economic inequality gap. While overall economic growth has been robust, the benefits have not been distributed evenly among the population. This disparity has the potential to create social unrest and political instability, which could impact economic stability in the long run.
Furthermore, trade tensions and geopolitical uncertainties remain as significant risks. The ongoing trade disputes between major economies, such as the United States and China, have created an atmosphere of unpredictability that hampers business investments and can slow down global growth. Moreover, geopolitical tensions in regions like the Middle East and North Korea can have significant implications for the global economy.
It is worth noting that the absence of a recession does not imply that challenges do not exist within individual countries or industries. Some sectors have suffered from localized downturns, such as the decline in manufacturing witnessed in certain regions. Also, certain countries have faced economic difficulties due to political instability or mismanagement.
In conclusion, the global economy has managed to avoid a widespread recession due to various factors such as proactive measures taken by central banks, the resilience of key sectors, and the interdependence among economies. However, challenges and risks persist, including growing income inequality and geopolitical tensions, which could potentially disrupt the current stability. As the global economy continues to evolve, policymakers and businesses must remain vigilant to ensure continued growth and stability for the benefit of all.
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In uncertain times, it's essential to learn how to handle your finances wisely. It's not just about thinking positively; it's about making good money choices, managing your money well, and being ready for opportunities.
Thanks for sharing this helpful video!
My p0rtfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking st0cks anymore. Are there really no other options for me to gain from the stock market?
venturing into the trading world without the of a professional trader and expecting profits is like turning water into wine her skills set is exceptional.
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest
Because “investors” want a recession and are trying to will it into existence, cheaper assets, and to defeat Biden in 2024. Inflation is also caused by monopolies and price gouging.
Wow wow wow
We are skipping the recession lvl and going straight to depression Boss.
All I care about is guacky
but i want to listen to you and Guacee
The iPhone is getting a little long in the tooth and the tech bubble burst. That, along with the Fed raising interest rates brought down inflation. But wait, the AI bubble is starting to inflate. So, inflation is rising again…
We are in a depression, and several of your followers have said that inflation was going to go up again. Sounds like people do know what’s going to happen just people don’t want to pay attention.
Trudeau but biden youll see its all a joke.
I do Uber Eats on the side. We are definitely in a recession
The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance.It's obvious we are headed for hyperinflation, it is always the poor who take the hit.
Ahh yes the good old taking equity out of my house to pay for my starbucks. Why didnt I think of this amazing solution eariler!!!
Old video… just a new title?
Consumers are spending themselves into mountains of debt but companies and investors are not. They are stock piling cash and preparing to weather the storm of the coming recession. I don’t know the ratio of spending from business/investor to consumer but my company just laid off 620 employees and cut all bonuses for 2023 and 2024. The storm is coming and you better prepare.
We're in a silent depression
If you were to ask the government and they tell you it's going to boom, then you know right there it's going to crash.
The recession is in the data the Fed does not use, as designed. Prices rise so spending rises, even though people aren't buying more stuff.
Wells Fargo is wicked to regular people.. wow.. to keep them fueled and draw more and more out of regular people.
Some Investors are waiting and hoping for a crash so they can buy up foreclosed properties at a fraction of today's prices.They want a crash so bad they can taste it.
Generally who makes the most cash, employees or employers. Typically employers make the most money. That is why you must own stocks as a company owner that makes depreciating products but appreciates in value selling those products.
Credit is an addiction
USA citizens have become use to supersizing for decades. What is the maximum I can afford to stay up with the Joneses. It’s hard to sell that BMW or MB for a Chevy. People hesitate to downsize but risk financial security with overspending and buyers remorse later.
Hit the equity in your home, they say…smh
We’re too rich for a recession.
Congress are rich. They do not look or shop for the best price. Everything seems fine to them as all millionaires.
Yeah my relative realtor says interest rates will stay high for a long time and is mad at other realtors that tell their buyers to just refinance lol. So many first time homeowners gunna be hurt
I believe a recession is a good thing
The problem is if housing falls so does equity. If you take out that loan on the equity and the house falls then you're underwater it's all a tough call when wages don't keep up.