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+--- Thread: Global recession (/Thread-Global-recession)
Global recession - Defeat - 03-18-2020
Many economists are making this claim, was it inevitable with the coronavirus?
https://www.linkedin.com/feed/news/4794228
RE: Global recession - Drako - 03-18-2020
I have confidence that the markets will bounce back when people realize COVID-19 isn't something to be afraid of. But who knows when that day will come. In the United States, Donald Trump is taking emergency measures to counteract the economy plunge. Hopefully other countries can do the same.
RE: Global recession - Oni - 03-18-2020
While the Coronavirus is a very real threat, people are making their assessments based on the stock market. I would assume panic buying/selling attributes to that. I doubt this will continue through the summer.
RE: Global recession - @bcd3 - 03-18-2020
(03-18-2020, 08:48 PM)Drako Wrote: I have confidence that the markets will bounce back when people realize COVID-19 isn't something to be afraid of. But who knows when that day will come. In the United States, Donald Trump is taking emergency measures to counteract the economy plunge. Hopefully other countries can do the same.
do you think all the money the fed is pumping into the market is going to be more destructive then if they would have just let the market decide? in 08 they didnt sanitize the money and it ended up inflating the currency. i think this is going to happen again. the dollar is doing well lately because everyone is trying to liquidate assets. but once inflation catches up we might end up triggering hyperinflation. this might just be the pin that pops the fiat-money bubble.
RE: Global recession - Defeat - 03-19-2020
I work and learn at school so this was disheartening: https://www.thestar.com/news/gta/2020/03/18/months-of-school-closures-social-distancing-needed-to-fight-pandemic-u-of-t-research.html
Months!
RE: Global recession - mothered - 03-19-2020
The Coronavirus Is getting worse by the day, so I wouldn't be surprised If It takes 6+ months for governments to give the all-clear.
In the Interim, expect significant fluctuations with the market.