What causes an economic recession? - Richard Coffin

A recession is currently the "most likely consequence for the economy," and I cannot fathom becoming a victim of circumstances, with inflation at a four-decade high. In two years, I plan to retire, and my target retirement fund is $967,000. How can I assure this? What steps can I take?

Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency.
With a decreasing ability to control inflation and a reduction in stock and oil trading, it seems that a new multilateral world order is on the horizon.

You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.

I just wanted to say this was a great informative video but wtf is up with all these bots in the comments section? 😂

First and only msitake of the video, Ireland is not part of Britain!

Invest in gold it is been always valuable throught history

I used to believe that everyone loses during a recession, but some make millions. Similarly, I thought everyone went out of business in the Great Depression, but some started new ventures. In short, tough times bring losses for some and profits for others, all rooted in the right mindset. Now, I've saved $220k for the future, even though I'm a complete beginner.

It's understandable that you have concerns about the current economic and global challenges, as well as the political power struggle in the UN.

During a recession, many stocks and assets may be undervalued. I believe now is an ideal time to capitalize on the market for long-term gains, but it wouldn't hurt to know how to make short-term profit. I've heard of investors making over $400k profit in this current sinking market, and I'm looking for ideas on how to earn similar profits.

So, It's the fault of all Idiot's greed, further stoked by the Feds idiotic greed.

This administration didn't cause the difficult situation we are in. World problems, infrastructure, inflation, too many loans, banking system , on and on. Any president can't do it on his own. Also, our various weather problems are REALLY blowing things out of the sky. (no pun intended). There is no quick fix. But we are in big trouble.....

When everyone had enough bronze, demand declined and its value fell. Unless traded for exotica or fashioned into useful items, it no longer had purchase in the market

Global financial markets have been significantly impacted by SVB's demise, prompting investors to sell off bank equities hastily and reevaluate their interest rate expectations. I am a $350,000 investor who is at a crossroads and wondering if it is wise to hold onto securities that are losing value. I want guidance on the best approaches to maximizing my returns in this negative market.

Huh, plain bagels represent a good baked good, wheat, and water cost reference / measurement / metric.

Recession, inflation, that can jump in our life at anytime. Is why the saying life is for one to enjoy, and don't worry about a thing. Been the problem in our life because we take nothing serious. Where all planning goes out the window that we see how the game of life being play. What causes prices to go up, when the income stay the same for years, that put people in a bad situation to be foreclosed on, or lose their job. When does it stop so the people income can catch up with the system. Why is it that the system design for one to struggle for life in poor communities. Who worked for the system for forty years, and need government assistance to help remodel their house. Who budgeting their money like when they first started off as a young person saving for big plans. Why do those things happen often in a country that supposed to be a great financial country. Why is it so hard to figure out the system, like it is hard to figure out the people. Where things just pop up and the people jump in to go along without questioning a thing.

Anyone who is not investing now is missing a tremendous opportunity." I’ve been able to build a big income stream investing with, Mrs Julia David, she changed my whole life, Thank you so much.

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?

This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. You’ve helped me a lot Vilma kim, imagine investing $2000 and receiving $8,500..

BC*

How about considering the possibility of negative inflation rates to increase the value of money? We could reduce wasteful spending and consumption, and instead adopt a more sustainable approach similar to nature's ecosystem, from an economic standpoint.

This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

We want you all to have jobs uhhh no now your spending to much uhh now we need you to lose all your jobs, uhhh😅

greed causes a resession.

So we're going to spend $700b to solve the inflation problem....? You have to respect the audacity to name a bill with $700 Billion of new spending the "inflation reduction act"......I feel like we are getting ready for another real estate crash so nervous to own more than one home now although i have had mixed feelings on how to maximize my savings/retirement fund of about $2.3M which has been sitting duck since forever with zero to no gains.

In this perilous time of recession, protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.

Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Maria Carmen. I now make huge profits by weekly through her services while still learning to stand on my own.

I would say TAKE ADVANTAGE OF THE RECISSION! Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.

You can give Bonaveststockfx a trial and thank me later. It’s been all beneficial after I got 27 percent weekly profit.

“There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year,” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months.

Greed corporate wellfare bank bailouts and government overreach and overspending and handouts

Recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

In a word, it's nothing but "GREED" that causes recessions, nothing much.

fearing something causes the thing you fear,
me: interesting

Recession is a by product capitalism.. There is no such thing as unlimited growth

This video starts out false.

No. Inflation IS NOT when the prices increases or when the money becomes worth less. Inflation is when the money supplies is increased. That the money becomes worth less and prices increases are symptoms of the fact there is more money today than last year. If there is 100 dollars in existence and you create another 100 dollars, you have devalued the dollar to be worth half as much as it used to be worth.

This is quite interesting and informative, but in order to be success or financially free don't depend on one source of income.
Investment create a safe haven for the future.

Economic topics always attract scammers. Look at how many scam comments in this video.

Rumors of recession create recession.

what is this i prefer using chat gpt

Banks and politicians

An economic recession causes a decline in economic output. It is accompanied by a drop in income and an increase in unemployment. The video explained and demonstrated everything clearly and concisely.

Yes, the dangers are greater, but isn't the current business sector just as risky? The majority of those adopting these tactics are earning substantial gains. What I gather is that rather than long-term trading, instantaneous trading is the preferred method for managing this downturn and rapid expansion.

Times up North America get a boot and keep it pushing. 9(5a-3b-3c+4d)= What is difficult? It goes to the future of your business to come scoop me my backs against the wall. That's how it is moving on.

What bothers me about this situation is the fact that the news and media are all going about a recession which is understandable due to the war and pandemic but still the same media still publish articles about folks in the same economy pulling off hefty 6figure profit(Averg. 200k in barely 8weeks) in this downtrend how is that possible?

A recession shouldn't even be a thing in UK , they are making so much money this word shouldn't even be in their dictionaries ,counties around London in Englad have excess money !

Someone said war? I’ve called it during pandemic and said you will see there will be war once Biden gets elected, nobody believed me.
They said it’s not going to happen and interest rates will stay low for a long time to allow folks to recover from pandemic LOL 😂
The pandemic wasn’t about saving people and increase of interests rates today certainly not about curbing inflation, it’s about financing war.

Covid made this age well

So, in the sense that I understand, prime hydration is a recession. Because the company can't supply for the insane demand, it created an opportunity for other people to resale the drinks with a ridiculously high price, which most people are doing. But my question is, is that should the company stop selling the product, risking losing 📉 buyers or increase the price to some extent that more than 60% of people can not afford it. But the last move I suggested is is almost undoable. At the end of the day it's a drink like gatorade.
Please let me know 👇👇👇

Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.