Recession 2023 is Global

 

Recession 2023 is Global

In 2023 South Africa is worried about going into a Technical Recession after the first quarter of the year. Due to Load shading, South African Economy has been negatively affected. South African Economy have been affected by Load Shading for more than 10 years, going back as far as 2009…

Double-blow for the rand 



https://businesstech.co.za/news/finance/671187/double-blow-for-the-rand/?fbclid=IwAR3EAxLkyE7h-sAhnpSiDwSvvwl9LTcR-Lsd9edbhatvV0sEKGasmT9wVBs

 

 Tech Companies’ Employees have been losing jobs..

Why Amazon, Google and Microsoft Laid Off Thousands Of Tech Workers




What is a Recession?

“Recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters./ Is  a negative slow down of an economy(GDP), start from two negative consecutive quarters  and lasting about 12 months(a year) to about 18 months…

How long do recessions usually last?

10 months

“Data from the National Bureau of Economic Research shows that between 1854 and 2022, the average recession lasted 17 months. But when you shorten the timeframe to between WWII and today, the average recession lasted just 10 months. Bear in mind that this is just an average, not a rule.



https://www.forbes.com/sites/qai/2023/01/19/how-long-do-recessions-last/?sh=For the US to consider a Recession, it include job losses as part their definition of a Recession. Big Tech Companies have been laying off employees since

2022 and are still laying off employees in 2023… But US Government have been denying that the US is in a Recession even when Billionaire Business Founders and CEOs have been calling it out that the US economy is slowing down and has been in a Recession in 2022 with two consecutive Quarters having been negative which define an  Economy in a Recession. And Job losses having been added as part of the US definition of a Recession.

EU Economy is negatively affected by the shortages and high prizes of Oil and Gas.

UK  had Pension Funds collapsing…

Japan has been printing money and China’s  Economy have been shut down by Zero Covid policy…




Here's how Silicon Valley Bank collapsed in 48 hours



2023 Recession Fuel Something Is Broken

Something is broken in the Banking sector due to the Fed (Central Banks Globally) rates hikes fight to bring Inflation down. SVB bank has collapsed and other US Regional Banks are in trouble  and are being taken over by the FDIC or the FDIC auction (sell) these Banks to other Big Banks.

SVB is clearly an example of something breaking, says Charles Schwab's Liz Ann Sonders



What does the FDIC do when your bank fails? (2009) | 60 Minutes Archive



Inflation is the worst thing an economy can have, says billionaire investor Carl Icahn

Banks are failing (collapsing). The Stock Market will follow soon, crashing…

The Bond Market is following, going down as well according to Robert Kiosaki.

Investor who predicted Lehman collapse sounds alarm over next big US bank failure


The Banking Crisis Has Gone Global




What Does Recession 2023 Mean To Investors?

It means there are Investment Opportunities in a recession.                                            It means Investors can buy Assets for cheap prizes…

1.     Crypto Investors can invest in Stablecoins. Then Dollar Cost Averaging the dips of Bitcoin, Ethereum and Staking Altcoins… which they are interest in.

2.     Stock investors can keep some of their money in cash, readily to buy dips every time the Stock Markets crashes, investing in Divided paying Stocks…


 BEST PLACE TO BUY -ALTCOINS IS BINANCE

BUY : Bitcoin, Ethereum, Stablecoins and Altcoins here :

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WARNING: Don’t keep your eggs in one Basket. If you are keeping your money in cash, try using different banks, so when an opportunity show up you can access funds even if one bank is temporally closed while the likes of FDIC or New Owners are taking over.

Same thing applies to keeping Stablecoins . You can keep your Stablecoins in different Wallets…

# You can keep some of your investable cash invested in Gold equivalent Crypto Coins(for easy and quick access). Gold is said to be a good store of value during an economic down turn during a recession…



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