• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Global US-Dollar Shortage - Are We Already in a Recession?

Byebye Penis

Alfrescian
Loyal

Wall Street Says a Recession Is Coming. Consumers Say It's Already Here​

Shoppers are getting squeezed and money is disappearing fast

https://www.bloomberg.com/news/arti...recession-2022-businesses-and-workers-say-yes

Deutsche Bank AG Chief Executive Christian Sewing sees a 50% chance of a global recession, a prediction that Citigroup Inc. economists have also made. Federal Reserve Chair Jerome Powell says a US recession is a possibility, but not inevitable. Morgan Stanley economists expect a mild euro-area recession at the end of 2022.
 

Byebye Penis

Alfrescian
Loyal

Euro continues to slide toward dollar parity — and could fall even further​

PUBLISHED THU, JUL 7 20224:06 AM EDT
https://www.cnbc.com/2022/07/07/eur...ollar-parity-and-could-fall-even-further.html

  • The prospect of an economic slowdown also casts a specter of doubt over whether the European Central Bank will be able to tighten monetary policy sufficiently to rein in record-high inflation.
  • Deutsche Bank suggested that the euro could fall into the $0.95-0.97 range if “Europe and the U.S. find themselves slip-sliding in to a (deeper) recession in Q3 while the Fed is still hiking rates.”
 

Robert Half

Alfrescian
Loyal
Recessions come and go, what will happen in the near future: you will see many people jump off tall buildings. :cool:

If one can manage their financial life well .. everything should fine :smile:

Do not squander your money, make dubious investments & buy private properties that you cannot afford to :speechless:
 

Loofydralb

Alfrescian
Loyal
There's always a silver lining.

SG should start a full fledged, full coverage all issues settled euthanasia industry
 

laksaboy

Alfrescian (Inf)
Asset
If one can manage their financial life well .. everything should fine :smile:

Do not squander your money, make dubious investments & buy private properties that you cannot afford to :speechless:

Nope, it'll be sound investments becoming worthless overnight. And the money you have saved becomes worthless. Expect unrest. :cool:
 

Robert Half

Alfrescian
Loyal
Nope, it'll be sound investments becoming worthless overnight. And the money you have saved becomes worthless. Expect unrest.

We must be well prepared for whatever bad things that is going to happen. Especially in this unpredictable decade of 2020s & honestly not easy to survive in these 10 years :speechless:
 

Rogue Trader

Alfrescian (Inf)
Asset
The US has been printing $$$ like toilet paper since the subprime crisis. They could get away with it as long as the petrol is traded in USD. But Putin and the Saudi royalties have other plans
 

hbk75

Alfrescian
Loyal
The US has been printing $$$ like toilet paper since the subprime crisis. They could get away with it as long as the petrol is traded in USD. But Putin and the Saudi royalties have other plans


putin got balls but saudi dun dare to sell in other currencies.
 
Top