Author Topic: The next recession  (Read 10257 times)

seafoid

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The next recession
« on: February 22, 2022, 06:55:35 PM »
You may have noticed the return of inflation recently. Supply chain price increases have turned up in Dunnes and Lidl and at the petrol pumps. This is not a temporary phenomenon. Inflation was generated in the US and imported everywhere else. The Federal Reserve was responsible because it tore the arse out of the Money Supply in 2020 when markets crashed.


So what ?

Central Banks will now try to put smacht on inflation by increasing interest rates and reducing liquidity. Share prices will fall. Speculative assets such as Bitcoin have already fallen significantly.
. It could get very messy.

If you want to make money have a look at gold. Gold prices tend to move up when chaos reigns.

https://www.ft.com/content/aeb0990d-8b71-40f1-8a8c-3dbfc49e1122

"Even after the events of March 2020 [the Covid crash], forgetfulness in the markets always returns, and most people are complacent again,Ē he says. Now, though, western central banks and treasuries are much less willing (or able) to rescue institutions, markets or investors. There is just too much official debt to manage at a time of high inflation."


 
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Mikhail Prokhorov

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Re: The next recession
« Reply #1 on: February 22, 2022, 08:50:24 PM »
Gold has always been a hedge against inflation,

20% of your portfolio should always be held in physical gold which you should never sell


Milltown Row2

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Re: The next recession
« Reply #2 on: February 22, 2022, 08:54:07 PM »
Next recession? Canít remember finishing the last one!
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

Itchy

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Re: The next recession
« Reply #3 on: February 23, 2022, 09:56:40 AM »
Just when things couldnt get any worse good old seafood comes up with this thread.

johnnycool

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Re: The next recession
« Reply #4 on: February 23, 2022, 10:17:29 AM »
Next recession? Canít remember finishing the last one!

Just out of Austerity, into a pandemic and then recession...

Life just doesn't get any better  ;D

imtommygunn

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Re: The next recession
« Reply #5 on: February 23, 2022, 11:40:25 AM »
Don't forget the impending war and the fall of stormont lol.

quit yo jibbajabba

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Re: The next recession
« Reply #6 on: February 23, 2022, 11:52:05 AM »
Next recession? Canít remember finishing the last one!

Just out of Austerity, into a pandemic and then recession...

Life just doesn't get any better  ;D

Think i remember a week back in late 2019 where things were good, could be mistaken though 😃

All them plagues and world wars oer the years bet ye noone ever did a pandemic with a world war straight after.

We win. What do we win?

armaghniac

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Re: The next recession
« Reply #7 on: February 23, 2022, 11:52:32 AM »
Next recession? Canít remember finishing the last one!

Just out of Austerity, into a pandemic and then recession...

Life just doesn't get any better  ;D

You forgot the inflation.
However, post pandemic the Irish economy is actually doing rather well, it can afford to slow down a bit without disaster.
If at first you don't succeed, then goto Plan B

seafoid

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Re: The next recession
« Reply #8 on: February 23, 2022, 11:55:20 AM »
Just when things couldnt get any worse good old seafood comes up with this thread.
Things could get a lot worse before they get worse, Itchy. Monaghan could win the All Ireland.
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manfromdelmonte

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Re: The next recession
« Reply #9 on: February 23, 2022, 12:00:08 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

Itchy

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Re: The next recession
« Reply #10 on: February 23, 2022, 01:03:36 PM »
Just when things couldnt get any worse good old seafood comes up with this thread.
Things could get a lot worse before they get worse, Itchy. Monaghan could win the All Ireland.

Only if there is nuclear war and every other county in Ireland is nuked. Actually they still probably wouldnt win it!

armaghniac

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Re: The next recession
« Reply #11 on: February 23, 2022, 01:08:40 PM »
Just when things couldnt get any worse good old seafood comes up with this thread.
Things could get a lot worse before they get worse, Itchy. Monaghan could win the All Ireland.

Only if there is nuclear war and every other county in Ireland is nuked. Actually they still probably wouldnt win it!

No, they would mutate into having very log arms and being able to shoot with their middle foot.
If at first you don't succeed, then goto Plan B

JimStynes

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Re: The next recession
« Reply #12 on: February 24, 2022, 07:50:17 AM »
Whenís this recession going to hit then? The cost of living is ridiculous at the minute.

clarshack

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Re: The next recession
« Reply #13 on: February 24, 2022, 10:10:18 AM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

it's not as if oil is cheap either.

seafoid

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Re: The next recession
« Reply #14 on: February 24, 2022, 01:15:12 PM »
Oil is going through the roof . Highest price since 2011 I believe
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