Bridgewater CIO Warns of Deeper, Longer, and 'Much More Painful' Recession Than What We're Accustomed To
In previous economic downturns, “central banks could just hop right in and reverse it,” she noted, adding that when central banks just eased everything, recessions were “quick and shallow,” not “deep and long.” So to me, the dam has been broken where fiscal policymakers are now part of the story … They’re much more likely to step in with big fiscal expansions.
So they’ll be forced to tighten a lot more than they would’ve otherwise wanted — or ease a lot less. Those become recessions that are much more difficult, much more painful.
Get ready to earn real crypto while playing the newest and most exciting play-to-earn game, MedaWars from cryptomedatech ! Join the crypto gaming community and earn $TECH tokens while you dominate. Play now and start earning today! cryptogaming playtoearn MedaWars
PLEASE, no more predictions vis-a-vis recessions! Every 'expert' is offering conflicting prognostications, and I'm starting to just tune them out.
That's not sound optimistic as for me
much painful. That's sad.
Nice, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
Brilliant, but using ChiefraFba for signals and analysis
Ok cool, I only listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!