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Recession is official but not in reality


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Posted

Fall in GDP growth in two successive growth is recession... But here only 0.9% fall and fed already hiked interest rates even though high inflation of gas prices , household commodities etc...,house market slow down...., income and spending is not on same pace ,people are saving money in fear of recession..., Unemployment is low thanks to Donald Trump , investment by businesses is reduced and hiring is freezed..., some companies are laying off...few people like 5-10% ..in IT...

So overall it recession is official but not technically and in reality ....now we can call it as economic slowdown.....

There is 50-50% chances of real recession.....i think fed will control recession....this time 

@veerigadu

Posted

as long as there are supply chain issues, inflation won't drop drastically.

Posted
6 minutes ago, desiboys said:

as long as there are supply chain issues, inflation won't drop drastically.

Joint Statement on Cooperation on Global Supply Chains

MEDIA NOTE

OFFICE OF THE SPOKESPERSON

JULY 20, 2022

 

 

 

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Posted
16 minutes ago, Lovecrusader said:

Fall in GDP growth in two successive growth is recession... But here only 0.9% fall and fed already hiked interest rates even though high inflation of gas prices , household commodities etc...,house market slow down...., income and spending is not on same pace ,people are saving money in fear of recession..., Unemployment is low ,thanks to Donald Trump , investment by businesses is reduced and hiring is freezed..., some companies are laying off...few people like 5-10% .....

So overall it recession is official but not technically and in reality ....now we can call it as economic slowdown.....

There is 50-50% chances of real recession.....i think fed will control recession....this time 

@veerigadu

 

11 minutes ago, desiboys said:

as long as there are supply chain issues, inflation won't drop drastically.

I just moved my position from manufacturing to supply chain, and I already started seeing issues..we are struggling to get our parts on time to not delay our production...and also we are struggling to hire the right candidates for many key positions in our company...it's been 2 months a position was posted and only one applicant applied and he is no where close to our requirement..

Posted

so called media experts use textbook definition of recession and keep running cycles. 

Recession is not felt unless a sector of industry is deeply impacted. Ademi train kaadu station ki raavataniki. 

You may not know but we could already be in a recession. 

  • Upvote 1
Posted
23 minutes ago, Lovecrusader said:

 

19 minutes ago, Shameless said:

 

I just moved my position from manufacturing to supply chain, and I already started seeing issues..we are struggling to get our parts on time to not delay our production...and also we are struggling to hire the right candidates for many key positions in our company...it's been 2 months a position was posted and only one applicant applied and he is no where close to our requirement..

Bcoz of war bro....

Posted
9 minutes ago, phatposts said:

so called media experts use textbook definition of recession and keep running cycles. 

Recession is not felt unless a sector of industry is deeply impacted. Ademi train kaadu station ki raavataniki. 

You may not know but we could already be in a recession. 

I have not used textbook definition,i gave comprehensive analysis ,we are not in recession 

Posted
1 hour ago, Lovecrusader said:

supply chain issues are systemic and across the board, it will take an year atleast to see any improvement

Covid has surely impacted workers in every area, add the dumb dems stupidity factor as well in not dealing with things timely (KeyStone Pipeline cancellation scrwed up domestic production, Afghan withdrawal destroyed gloabl credibility, Ukraine fingering and russian sanctions backfired)

every one knows whom to contact to get the best practices on "How to destroy economy in shortest time" from F J B

 

  • Upvote 1
Posted
Just now, pakeer_saab said:

supply chain issues are systemic and across the board, it will take an year atleast to see any improvement

Covid has surely impacted workers in every area, add the dumb dems stupidity factor as well in not dealing with things timely (KeyStone Pipeline cancellation scrwed up domestic production, Afghan withdrawal destroyed gloabl credibility, Ukraine fingering and russian sanctions backfired)

every one knows whom to contact to get the best practices on "How to destroy economy in shortest time" from F J B

 

Who is F J B ? Bro

Posted
3 hours ago, Lovecrusader said:

Fall in GDP growth in two successive growth is recession... But here only 0.9% fall and fed already hiked interest rates even though high inflation of gas prices , household commodities etc...,house market slow down...., income and spending is not on same pace ,people are saving money in fear of recession..., Unemployment is low thanks to Donald Trump , investment by businesses is reduced and hiring is freezed..., some companies are laying off...few people like 5-10% ..in IT...

So overall it recession is official but not technically and in reality ....now we can call it as economic slowdown.....

There is 50-50% chances of real recession.....i think fed will control recession....this time 

@veerigadu

MG cc @texas

Posted
7 hours ago, Paamu said:

Recession vaste jobs pothay ... not the other way ? Correct ?

Yes u are correct

  • Thanks 1

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