Why a 2022 Recession Would Be Unlike Any Other | WSJ
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Channel: Wall Street Journal
Views: 2,628,947
Rating: undefined out of 5
Keywords: recession, are we in a recession, economy, downturn, jobs, unemployment, will I find a job in a recession, explained, explainer, wsj, jon hilsenrath, signs of a recession, history of recessions, lose my job, layoffs, what causes a recession, gdp, is the economy in a recession, us, recession 2022, stock market, economic recession, 2022 recession, inflation, money, markets, stock market news, stocks, causes of recession, recession of 2022, recession news, market recession, fed, employment, news
Id: WUKEYDep8as
Channel Id: undefined
Length: 5min 7sec (307 seconds)
Published: Fri Jul 15 2022
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I've thought this since the "pandemic", but Mexico should really be efforting to take some manufacturing market share from China. The US southern states could likely capitalize on it too.
Despite the many redditors saying that a deep recession is ahead, just remember no two recessions are the same, every situation is different and all we can do is watch what happens next
So the economist here says either we'll get through this unscathed because of government stimulus hoarded as cash reserves by corporations or we'll lose jobs as said corporations burn through reserves. He doesn't know.
That sounds like a different way of explaining that "we might have a soft landing".
It's likely that growth-oriented companies take the brunt of what happens first. The tech companies are freezing hiring or even laying off workers.
GDP is down because people are being taxed and charged so much spending isn’t an option for most. The average renter can’t spend on goods when 70% of their income goes to housing. Robust jobs on the market but all those jobs require you to fork over 70% if not more to rent. I don’t know why people in the comments think it has something to do with manufacturing…Cause it doesn’t. The wealthy have tapped a main line and have syphoned off more wealthy from the middle class then at any other time in history and world governments aren’t doing enough to protect their citizens. I’ll
Water is wet
This 5 minute clip has provided me with enough information and I am now convinced. That said, in the future try to keep it under 3, because unlike me who likes this great level of detail there are many people that will tune out after 3 minutes.
A little more then just there economy in trouble son.
Pfft. There's a central bank. They can prevent any trouble you throw at it. Printing money is the solution to everything.