How to prepare for the next global recession

[@Christine-ce4xo]

Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.

[@Robertgriffinne]

Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.

[@Alejandracamacho357]

It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

[@Christine-ce4xo]

The 1% Millionaires stay rich by staying off high interest debts and investing passively. Personally i made my first million from having investments that spreads across stocks, Etfs, coins and bonds. What i can say to early investors is diversification and solid management..at this point I'm actually grateful for my advisor Julia Hope Marble.. it's been great.

[@Natalieneptune469]

out of curiosity i looked Julia up and she seem so proficient, i pray she'll be able to help me attain financial freedom

[@Richardcarlett]

You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

[@duane_29]

A strategy to protect against inflation is through the U.S stock market, especially the S&P500 & various ETFs. Investors must know where to put their money and how to distribute it in order to protect it against inflation while still making a profit, especially during a recession.

[@theresahv]

The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with my long-term horizon (accumulated about £557,000 in earnings since May 2021), but if you don't have that time luck, it's a tough market out there down almost nowhere feels safe!

[@berkrix4312]

@@theresahv How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

[@theresahv]

@@berkrix4312 Yes, a Fidelity financial advisor named "Christine Jane Mclean" put an end to my fears about investing, and after making more investments, I was able to reach the high six-figure mark in less than 3 years. A licensing advisor satisfies the necessary security criteria; hence, reimbursement is guaranteed if I'm dissatisfied with the service, so I'm much better off hiring one.

[@berkrix4312]

@@theresahv I just copied and pasted her full name on my browser, super impressed with what I've seen so far. thanks for sharing!

[@matturner8]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

[@Johnlarry12]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[@emiliabucks33]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@monicawill5]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

[@monicawill5]

One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with?

[@emiliabucks33]

Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

[@jacksonpohl]

The way I see it this recession most likely has an external cause. The United States is losing influence as a federal currency for the first time in decades. They don't have any more economies to utilize to control their inflation, and less money is being spent on stock and oil trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works.

[@sophia253]

The professionals are actually crushing it right now because they have both the necessary approach to pull off a profit in this market plus access to insider market knowledge that isn't made public.

[@joshbarney114]

It’s vital you make sure to Keep this in your back of mind guys. There are both happy and unhappy days. It's a zero-sum game, but always remember this advice: Spend carefully, invest intelligently, and diversify your holdings so that when one performs poorly, the others will. You can do this by hiring a knowledgeable specialist whose platform offers a variety of investment options. You leave little space for regrets by doing this, and you might even gain more.

[@rogerwheelers4322]

Very true, I diversified my 77K portfolio across multiple market with the aid of an Investment-Adviser & I have been able to generate over 433k in net profit across high dividend yield stocks, ETF and bonds in few months.

[@harwellron1289]

@@rogerwheelers4322 Please would you mind suggesting a professional with a variety of investment options? extremely rare, and I eagerly await your response

[@rogerwheelers4322]

@@harwellron1289 My Financial adviser is ‘’Colleen Janie Towe’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@Colonel1954Dz]

How to prepare for recession? 1. Be poor 2. Chill

[@ПетрКоруша]

From December 17 to 21, the major stock indices of the world showed a single negative trend. The central events of the past week were…e-fin.top

[@Yet.Another.Rapper.KiG.V2]

HAHAHA, yeah, in my head, I watched this because I'm interested, but at the end of the day, if I lost everything I own, it'd be, what, $20,000 down the drain? Max?

[@dasblatt8628]

1. Be rich 2. Invest in declined market 3. Chill 4. Be even richer

[@cscs9192]

@@dasblatt8628 You are right, but the "Chill" part is not easy when seeing your life saving going down every day, and not knowing if they will take 1, 10 or 20 years to come back to same level you started. Not fun at all :)

[@gorgeousgeorge187]

Kig V2, 20.000g’s??? How about a matress and half a jar of peanut butter...

[@charlesgcummings]

This video's title is misleading. I heard absolutely nothing about how I can prepare for the next global recession.

[@TheyForcedMyHandLE]

Maybe you misread the title? Even though you may have read it this way, it doesn't say how you personally should prepare.

[@firefox1294]

Its shows how the government should intervene when the market slows not the people

[@ludwigvonmiseswasright4380]

Listen to Greg Hunter's news podcast. Watch "Hidden Secrets Of Money" by Mike Maloney

[@cn-yg6vf]

Live below your means....and save.

[@shieldpatrick1065]

我也觉得是一本正经的胡说八道

[@qamarpasha2818]

it is well enough that people of nation do not understand the banking and monetary system , if they did , I believe there would be a revolution before tomorrow morning. - Henry Ford

[@markwalshopoulos]

Lmao imagine unironically caring what some goddamn nazi had to say about the economy. Are you going to quote Hitler next?

[@markwalshopoulos]

@@ihavenojawandimustscream4681 yeah ist almost as sad as quoting someone who thought that the jews controlled the world

[@HypermarketCommodity]

@@thebeautifulones5436 the Union of socialist soviet republic's my friend. Long live the Revolution.

[@CIA_Is_aTerrorist_Orginization]

We are all debt slaves to the fractional reserve banking system. Yet some people here defend bankers who charge them interest on money that is created from nothing.

[@jamesleon4883]

Or maybe don't get yourself into debt buying things you don't need?

[@Solidsnake999]

He can talk for hours without making any point

[@mtlicq]

with kindergarten music in the background

[@Lee-tl3is]

I bet he ends up in Politics, probably about the same time as the coming recession winds down lol.

[@Effesianable]

That is quite untrue. He makes many valid points. He describes potential triggers for the next crisis (Italian government debt, emerging markets, etc.) and he points out that since the interest rates are pretty low (actually negative) the common measure of cutting interest rates most likely won't be used. Thus new ways of stimulating/stabilizing the economy will be needed. I agree though that he doesn't say how to prepare for the crisis. For this info, I think our fellow commenters did a great job ;)

[@ryanpennock32]

all economist do this . lol

[@yolandawalter3615]

@@ryanpennock32 You know, success usually comes to those who are looking for it. opportunity don't happen, you create them. Trading with Dr Sarah Perkins has been very profitable. she is the best account manager i've encountered since i started my quest for online investment. I have made over $75,000 since i started with her. Contact her on Drsarahperkins (at) gmail c o m or whatsapp [phone]

[@RusuSilva]

A recession is currently the "most likely consequence for the economy," and I cannot fathom becoming a victim of circumstances, with inflation at a four-decade high. In two years, I plan to retire, and my target retirement fund is $967,000. How can I assure this? What steps can I take?

[@RossiPopa]

My money was almost wiped out entirely in 2008. I took out my money and invested it with my wife's wealth manager. I haven't caught up to her profits over the years, but I do earn more. Haha

[@RichardMoore-jg5tl]

This is great. I started investing with a wealth manager in 2020, too. I hated myself for a long time because I didn't know I could do that. Funny how I have quit my day job, because my profits cover for every living expense.

[@DanielPanuzi]

That's quite impressive! I could really benefit from the expertise of these advisors; my portfolio has been performing poorly. Who is guiding you?

[@RichardMoore-jg5tl]

Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@DanielPanuzi]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@fordrac1ng81]

People did not prepare as in 2008 they just reinflated the bubble so we never got the true correction that was needed. Nobody heeded the warning and there's an obvious looming global recession. Look at the housing market up until this year, look at fannie and freddie loosening rules to keep the market afloat. I was in college when the recession hit in 2008 and I saw how much it set my generation back with earning potential. Most of my classmates don't own houses. Many have not gotten married. Most still don't have kids. They made sacrifices but they still didn't ready themselves for another recession. I saved money and moved to a cheap part of the country. I bought a $30k house cash and got a job where I work from home with travel. I remodeled the cheap house, not so much cosmetically but so I don't have any big expenses that will jump out at me in the next 10 years. My bills are low because I own a small house. Gas appliances and tankless heater with a new 96% efficiency furnace mean my gas bills are less than $100 a month in the winter. My electric doesn't go over $100 in the summer even with AC at 68. I pay around $350 in property tax per year. My cars are paid off. I have two deep freezers and two refrigerators so I can buy in bulk when meat goes on sale. I set myself up to be able to keep the house warm and the fridge full even if I lose my job and have to work at walmart. Stop keeping up with the jones' and investing in depreciating assets like cars. Pay cash and set yourself up so that if something happens you can live off a minimum wage job. If I die, my wife can live off my life insurance for the rest of her life if she can be frugal. I never have to worry about my kid if something happens to me or her. Making good decisions for your family is hard. Can I afford a new pickup truck? Sure. Do I want to spend money on something that is the equivalent of flushing a $5 bill down the toilet every morning when I wake up? No.

[@FrenchyTube3]

fordrac1ng81 shhhh 🤫 you’re dropping too many nuggets ahah

[@enoughrope1638]

Most of our generation is trying to live like that. Of course the older generations sit their and bitch and moan constantly saying "Millenials are worst ever because they don't get married, don't buy fancy cars, don't buy giant houses, and get paid so little!" not realizing our minimum wage was effectively half of what it was in 1968. Our College cost twice as much. Our housing costs are three times as much. Our taxes are higher. Our social programs are smaller. Job requirements are vastly higher. Baby boomers had it easy by any measure.

[@jasonRhawt]

Alex Mattei you want a cookie?

[@tundeuk]

fordrac1ng81 How refreshing to a few words of common sense and planning by the younger generation. Well done for adapting and sorting out your situation.

[@Chickennss]

Yay

[@TimSmithWordSmith]

‘Ultimately this led to some pretty significant and nasty geo-political tension.’ Understatement of the year, semi finalist, 2018.

[@itgetter9]

Tim Smith: You nailed it with that one.

[@richardwhitaker4148]

EXACTLY what came to my mind when he slid that in there at the end and that's exactly what is going to happen once things start to kick it in full gear. It's already happening now, just look at the DJI and NASDAQ falling already due to the raising in the interest rates.

[@axelrod6707]

Thanks You Captain Obvious 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣👍

[@TimSmithWordSmith]

Thanks, then!

[@onemorechris]

Nasty geo political tension sounds like an unwelcome plumbing issue in a newly bought house, not the death of 52 million people

[@dantobarbarian4842]

Maybe let banks and unprofitable businesses fail this time? Bailouts only prolong the agony!

[@tepesobrejac4360]

Yeah. You are right. But we should force the banks to inform their costumers that they are going to declare bankruptcy like 2 months before they do it so that the costumers could have enough time to send their money to another bank so that the damage to be as small as possible.

[@bri1085]

Thatcher and Reagan, made sure it wouldn't be that simple

[@tristanmoller9498]

Well, if the bank is bankrupt, how is it going to send any money to any other bank? It's literally broke. And how do you convince CEOs of banks to declare bankruptcy two months before they usually would be ready to give up?

[@nicolasthorne2162]

Danto Johnson aaaaaaaa

[@meegz149]

Sanyo Johnson I am not really sure what you mean by prolong the agony? The Great Recession was over in less than a year, the banks that were bailed out paid their debts in about 3 years. Compare that to the Great Depression...

[@cryptokiwi5520]

Not as bad a position as 2008?? National debt is 3X that of 2008.. Realestate was the catalyst, now it’s everything.

[@DeLvoy1988]

5 minutes before the war

[@sinistergrinch]

Do you think that the dollar could crash

[@juanflores2882]

no@@sinistergrinch

[@iamunamed5800]

We're not as irresponsible with real estate debt nowadays tho. just look at housing prices, they're pretty expensive.

[@kSree7]

Pre 2009, there we're sub prim lending. Now, it s not the case. Ya cant compare 3x debt today to debt of last decade. It should be adjusted with other factors.

[@Tobacc0]

The title is a little misleading. It should be, "How governments might react to a global recession".

[@2011blueman]

Did I miss something? Where was the part on how to prepare for the next recession?

[@danstrayer111]

2:24

[@shutupishful]

Get out of debt

[@theextraordinaryman5132]

Leggo My Ego Keep a bundle of cash personally (in case of a 'bank freeze'), and collect gold and silver immediately starting now. An ounce of silver costs less than $20 USD at the moment (perfect for those living paycheck to paycheck). Gold and silver are the only two currencies that have been accepted globally for thousands of years, and have risen in value during economic distress historically (it's hard to beat such reliability). Also, store plenty of food, and water ahead of time, and obtain a power generator (gas-powered) as an alternative energy source for emergencies (additionally, storing some gas for its use). These basic steps can dissipate stress foreseeable in the near future.

[@2011blueman]

@@theextraordinaryman5132 I've never understood that "prepper" paranoia mentality, but I will tell you silver is a horrible waste of money. The bid/ask spread in silver means you need a massive move in silver just to break even.

[@Fuar11]

@@danstrayer111 that talks about governments, not the people

[@Grumbo991]

Lol and how do common people prepare? Oh I forgot they're insignificant

[@Shadow-il7xh]

Lol

[@addacdd]

@Niels I was just thinking about that this week. Not a bad idea

[@dogguy8603]

@Niels you mean worthless shiny minerals?

[@aerohk]

Grumbo991 sell all stocks and enter short positions duh!

[@deepfault]

Fucking nailed it. You deserve the top comment.

[@markgreen8045]

He never answered the question of how. This was more of a political message.

[@---uf2zl]

He did answer the question though. Watch till the end.

[@markgreen8045]

@@---uf2zl Do you feel prepared?

[@---uf2zl]

@@markgreen8045 No. Because after explanation comes action. And nothing has been done yet.

[@HypermarketCommodity]

Capitalism has no answers thats why we are here.

[@Mario-sy4nw]

@green, US midterms are coming up so the Economist has to fill in for the failed Steele dossier.

[@AnxiousEducator]

How about you fix the broken economic system instead of pretending enourmous financial crises every ten years are just a "normal part" of how the economy works

[@Hawaiipaul]

The economic system is fucked because the everyday people love taking on huge amounts of debt reguralry. In the end you can’t blame your own financial trouble on someone else. Especially not In a free market economy such as the US.

[@aygwm]

The broken economic system is based largely on debt-financed assets. The alternative is also not that great.

[@ludwigvonmiseswasright4380]

@@Hawaiipaul US doesn't have a free market. The cost of money is managed by the governement. In a free market, the interest rate would be determined by the market, not the FED printing money.

[@MyThoughtsBelow]

Well this is how capitalism is intended to work. Either we get massive individual successes in monopolies where the majority is screwed or the economy collapses and resets every few years, and the majority is screwed. Just like any entrepreneurial business except on a grander societal scale.

[@FreekinEkin2]

You can't "fix" a system that is working as intended. You have to replace it, an idea that would make the Economist propagandists wince.

[@md.alfayed]

Any one after 2020 recession ...

[@TheChickenRiceBowl]

Here we go. I hope my savings is enough of a buffer.

[@FrostyCoug]

Cool, an inquiry into the future

[@ankuruniversal6738]

Yes bro.

[@TheChickenRiceBowl]

@ferkemall ...How???!

[@cultleader6977]

After the 2020 recession??? Its bearly even begone lol. Theat was a martet crash. And it's going to get worst for years that's how a recession works

[@ahsenasif9547]

When did we come out of the last recession?

[@dylanwight5764]

For nations which employed a Keynesian stimulation model, such as Australia liquidating surplus assets to generate immediate revenue, we avoided the brunt of the recession altogether.

[@HypermarketCommodity]

@@dylanwight5764 well GB never came out by the austerity regime...

[@NathanielTanFL]

mining boom helped but we could face our own gfc soon.

[@scotte6465]

@@aarushgupta597 add Greece, Italy, Spain, Portugal... The list goes on

[@TheAkashicTraveller]

Rich twats and large businesses took advantage of the recession and basically used it to steal all the money. If you look at things from a country level it looks like we recovered but if you look at the average person we're still right in the middle of it. So yeah.

[@NafisaAthiya]

Who would've guessed that the coming global recession would be induced by a pandemic..

[@rtfacts5317]

Its planned event no need to predict.

[@golfinguy423]

@@rtfacts5317 The virus just sped it along.

[@ShadaeBalancesKnightAstro]

rt facts Are you suggesting that the virus isn’t a pandemic but rather a plandemic😳the government would never do such a thing to its citizens, they love us 🤭

[@rtfacts5317]

Do some research on globalists new world order on dark web.

[@golfinguy423]

@ferkemall Thats because your government knew that the Chinese and WHO were lying. Your country has an excellent intelligence service.

[@mobilityendurancestrength6210]

This video called it to a T on the 2020 recession. From China to Italy! Wow!

[@HarshRajAlwaysfree]

I have a feeling 2020 recession is gonna make 2008 one look like a kid

[@johnsonkids3058]

And why is that a bad thing?

[@saucyrossy3698]

Watching this for the first time in Nov 2021 is very disturbing...especially if you believe (as I do) that the Covid-recession was not "the big one"...

[@pedroclaro7822]

Then what was? The war's?

[@umark7442]

I'd like to see a good housing correction in the UK and particularly in London. Tax cuts could be used to stimulate the economy in the next crash along with investing in new infrastructure rather than bailing out the banks. We spent over £124,000,000,000 bailing the banks out that did nothing for us in return. For the same money we could have fully paid for: (presuming the government owned all of these) Crossrail 1 £15B Crossrail 2 £30B HS2 £56B Upgrading Trans-Penine railway £2B Upgrade East coast Mainline £1B (if completed to a higher standard than proposed) Heathrow Expansion (to affirm London as a global hub) £14B Manchester Airport Expansion £1B (which would only be a 55ish min train ride from London if HS2 was in place) Improving the M6 motorway £1B A50 corridor Expansion £1B These measures would have definitely stimulated the economy, improved living standards and deflated the housing market which in turn would have increased disposable incomes that would further grow the economy along with several other benefits that would take a thesis to explain. Am I being nieve??

[@umark7442]

@Dave Cockayne, tax income would definitely fall and government expenses would definitely skyrocket as you say. We would be in a woeful position but in that situation, I'd like to see an extensive audit of all public expenditure by an independent body such as The Taxpayers Alliance to see where our money is going during a recession. If paracetamol costs the NHS £3.23 when you can buy it in the shops for 50P and as low as 19p in places then there have to be more overinflated costs in the NHS, civil services, education, social services etc. Instead of bailing out the banks, we could invest in our country. Greece doesn't have what we do and there are huge differences us Brits and the Greeks. London alone brings in more tourism money than the whole of Greece (which makes up nearly 30% of their economy) and we have several industries that we easily outperform them in. I argue that cheaper houses, tax cuts and better infrastructure along with making our institutions more efficient would see us out of a recession quicker than just handing over tons of cash to bail out banks that are on the brink of collapse due to their own incompetence.

[@umark7442]

@Dave Cockayne, maybe it's time for a change. Bring back some pride to our country and actually make it a great place to live and work.

[@MoneyRecall]

It is never about stimulating the economy. It is about banks taking greater and greater risks and passing the check to the public when bets go south. All the profits none of the risk. Its a solid gig they got going on with the central banks. --"The creature from Jekyll Island"-- great book explains it all.

[@kebman]

*naïve

[@JBO2493]

It’s *naive and yes...

[@jsallerson]

He lies. The vulnerabilities are worse. Before it was stocks and housing bubbles. Now it’s an EVERYTHING BUBBLE.

[@megaraouf5976]

Much much worse. Maybe a Depression

[@Jesusisyhvh1]

This guy is a potato Head. The next financial crisis will come from Shadow Banking trading derivative products not shown in regular exchanges but in OTC markets unregulated by the FDIC. The economist is a joke.

[@julianevans9548]

Ah, capitalism: 'It's the only system that works'. Very, very badly. For a decade. And then it crashes.

[@vinny5638]

+Julian Evans Humans are retarded, there isn't a foolproof system. Only a million morons who believe their primary ideology to be such.

[@JH-lz4ky]

Julian Evans voluntary exchange between people never inflated a bubble that requires a government with a printing press. Devaluation of the currency is the oldest trick in the book and it has nothing to do with capitalism. To be sure capitalism does not attempt to stop people from cheating or stealing but those activities are not cognate with free trade either.

[@ARCHIHAB]

When The Economist says it, then know its bound to happen, but they water it down in this video, its gonna be the worst ever, and these guys have the inside information, so get prepared.

[@death_parade]

"inside information" ** pffffffffffft.

[@Fuar11]

@Shameful Cock why would they let you know they're about to crash the economy?

[@Paid2Win]

@@death_parade dumbass just look at the covers for the last few years

[@Badmunky64]

I've been living with my folks for a while now and I'm more than ready to jump in to buy cheap real-estate when the next recession hits.

[@YEET-yh6qc]

Just hope there's no ww3 and we get drafted cause that would really suck, we would have almost equal fate of those in ww2. Right after a depression war is usually next.

[@THEISAAC1593]

Same

[@kellynorvell5714]

The real estate might be cheap but remember in 2008 when the banks had a credit freeze and were not lending for mortgages even though real estate was at an all time low?

[@ArnhemAntiques]

@@kellynorvell5714 Here in Europe, real estate STARTED dropping in 2008, but not instantly got to a lowest point that year. When a crisis hits, companies get less orders, the next year people are fired, the year after they havent found a job they have to force sell the house. So it wasnt untill like 3 or 4 years after the start of the crisis that the housing prices were actually really low.

[@nthperson]

Just make sure you have a high credit score and enough savings to cover a higher down payment and closing costs. When the next recession hits even more banks will be declared insolvent and credit will tighten sharply.

[@jayfaisa6016]

I'm broke, so a global recession would be fantastic for me. Hit that restart button.

[@zalanaz6014]

HAHA ..WAITING

[@nightoftheworld]

JayPal Animation hah sure, like how apocalypse films and the dystopian lawless futures they portray seem so attractively _free_ to the comfortable modern viewer

[@roadsector9527]

You're a genius cant wait everbody experience what we are.. and we will be on top of everyone base on our experience

[@lpstrinketbox]

Wait what? Will the poor profit off of this?

[@Myblacknadz]

Not if u can't afford food

[@MoneyRecall]

"If the people only understood the rank injustice of our money and banking systems, there would be a revolution before morning" - Andrew Jackson

[@RealJustLaw]

Bam!

[@Antdes158]

e lmao, they could care less. There’s still one more dumb bitch out there who doesn’t understand our monetary policy and is going to buy her gucci purse to feel good about her dumb ass.

[@aksa706]

God bless those who created the banking systems and market cycles. Easy money once you understand the game.

[@alanl9497]

Money Recall Oh but but but lord Trump will fix that for us! I swear! Keep America Great! 🤦‍♂️

[@jdally9872]

Get in crypto or get left behind

[@NotYowBusiness]

"...some pretty significant and *nasty* geopolitical tension" - the polite way to say WW2.

[@shinseiki2015]

the "friendly way" to say it

[@lamhkak47]

Time to start liquidating assets into other stuffs, and accidentally set off a recession early

[@darellarocho5729]

xD

[@MoneyRecall]

Guess it depends on what asset it is. Things that are Physical in nature will hold value better than others.

[@OnceABustAlwaysABust]

Bitconeeeeeect

[@lamhkak47]

@@OnceABustAlwaysABust user name checks out

[@OnceABustAlwaysABust]

林峻生 😂

[@sandikennelly1357]

KZbin has excellent videos on the coming financial downturn. Everyone should prepare now!

[@Pambegay]

Across the world there’s chaos as a result of the epidemic. I think it’s still wise to invest in stocks now before the recession.

[@Jakebottom]

Always wanted to get into stocks but can’t seem to wrap my head around it. How do I get started?

[@Pambegay]

Choe Trinh First off, you have to understand that it’s not magic but you can achieve more when guided. I took losses before I came across Wes Grafton, an expert in stocks that has helped my profit grow my portfolio. You can reach... *Wesgrafton (a) g ma il. com...* . To avoid pitfalls as a novice.

[@margaretlou3993]

With everything going on in the world and the economic situation, this is definitely a buy signal for me.

[@alasdairruthven3106]

This man Wes is indeed a genius. Down from his execution of trades to his expertise in the stock world cannot be matched. Thank you for helping me out.

[@CarlosRodriguez-hb3vq]

The title of this video is misleading. It describes the likely circumstances of the next recession, but it doesn’t tell me anything about how to prepare for it.

[@peterfrancis2330]

A rope A paper And a pen

[@米空軍パイロット]

@Late Turtle It's a joke. Learn how to understand dark humor.

[@BrandonConrady]

What's so dark about it? He just wants to rock climb while writing treatises on the economy...

[@CarlosRodriguez-cl5dq]

cynical. I love it.

[@tjhrishaant9020]

Peter francis and a fan too

[@Blankarte]

@@BrandonConrady Dark humor = "funny" and cheap. A good sense of humor that kills a dark sense of humor = smart!

[@bguen1234]

Everyone, from average consumers to nations, is trying to service a crushing debt load. This leaves little room for investment or increased spending. The inevitable, inescapable result will be a prolonged, deep global recession.

[@marcopederzoli4939]

pollution, global warming, recession, overpopulation, environment destruction. there's enough to think it should be the time we all think of another way to live. something totally different.

[@Bigboss-xe6lm]

Like George Carlin said, the earth is fine. Its the people (and animals) that are fucked! We wont do shit. There has to be a paradigm altering war to send everything back to the stoneage. THEN... history might repeat it self. If humans are lucky enough. Sad as it is, we are to smart for ourself and too stupid to live prosperous with everything in mind

[@Bigboss-xe6lm]

We are basically too greedy and lazy to run the world in favor of all living things. I really dont see how we could be more than a virus on the planet.

[@Bigboss-xe6lm]

@momentinpassing I dont think its a universal rule. I think its possible there is somewhere out there an intelligent being smart enough to make everything prosperous. I like to think so at least

[@XxDaBestxX35]

Marco Pederzoli sounds like a hippy

[@lostarrow861]

SimT. Sounds more like common sense to me.

[@savedsealeddelivered8539]

They always tell us what they're going to do, with a nice smile on their faces. It's easy to project the future, when you're the ones planning it out

[@brodobroggins]

Idea for fiscal stimulus during the next recession: eliminate tax cuts on corporations now and save the money for basic income guarantees for the poor and middle class in times of downturn. Monetary policy alone is not enough because companies and people will not take advantage of lower interest rates if they have no interest in borrowing.

[@MoneyRecall]

Basic income failed in Finland and Sweden.

[@Eucal]

A new recession? lol, croatia still isnt out of the 2008 one

[@88HaZZarD88]

GG, same Italy

[@wickedleeloopy2115]

Most of the world have yet to recover from the 1980s

[@Barion88]

Wtf xD

[@imsearching4yearsnowforana966]

What about Greece

[@BneMoisha]

Spain the same

[@Dave-zl2ky]

Certainly accurate for March 2020.

[@ArtMaknev]

Barely recovered from 2008 crash... Here comes the bigger one!

[@MAILQS]

2:33 "A low inflation target doesn't give central banks enough room to fight recessions before interest rates fall to zero” What does this mean? Is it because: 🍿A lower Central Bank interest rate means higher inflation 🍿A low 'inflation target' means less lowering of the interest rate 🍿Less lowering of the interest rate won't stop it continuously creeping towards zero

[@Aaron16211]

I would add become renewably powered. High insulation, high efficiency, on site and regional renewables, Tesla batteries, electric vehicles, front yard orchards, jarring jams and fruit, staying out of debt, employment in growth industries.

[@frenchguitarguy1091]

Aaron Vallejo and no longer depend on resources that are running out

[@tiffsaver]

Here is the Federal Reserve Bank's favorite saying: "If you want to make an omelette, you have to break a few eggs." This monetary crisis is no "accident," it is carefully and meticulously designed, exactly like the "terrorist attacks" on all three buildings of the World Trade Center in 2001. This event has been planned, years in advance. When this global debt crisis bubble bursts, the banksters will immediately swoop in to buy all of the foreclosed homes, then pick up broken businesses and stock options for only pennies on the dollar. This "Boom, Bust" economy, created by the central bankers, happened during the Great Depression, and it's happening RIGHT NOW. Look to see skyrocketing inflation, new wars in the Middle East, more retail establishment closures, continuing real estate losses, mass homelessness, unpaid student loans, record numbers of auto loan defaults, equity and bond market collapses, unpaid pensions, ever growing credit card debt, major currency disruptions, catastrophic crop failures, then eventually, bank runs and "Too Big To Fail" commercial bank bail-ins. Welcome to the future. Welcome to the New World Order.

[@Moonless6491]

Step 1- be rich.

[@ihavenojawandimustscream4681]

1-be wise.Material richness without proper diversification and sound investment will go quickly in the face of recession.

[@bign1667]

Why not an instagram model? Hahaha i cant believe its even a thing cos users arnt interested on paying to use instagram.

[@Moonless6491]

@@ihavenojawandimustscream4681 got to have money to be be prepared. When the powers that be decide money is no longer worth anything, those of us without it are fucked. There's no two ways about it. It takes money to buy silver and gold. Money is all fake and faith based. The powers that be tell us what has value and manipulate a fiat currency in ways that are incomprehensible. Those of us out of the loop are fucked over.

[@andrea_salvador]

I'm from Italy and about 5 days ago the National Institution of Statistics (Istat), together with several other organizations, officially declared that our country entered recession (with our GDP decreasing by -0.2%) . In the meantime our Minister for Economic Developement says in 2019 our GDP will increase by 1.5% and our Prime Minister stated "2019 will be a beautiful year". I hope our government will do something, intead of ignoring this situation. This video has proven right.

[@mrs.johnson7955]

Greetings from 2022!

[@lunes-1]

Yeah and the Banks keeping getting richer free ride all of us bail them out! While most vulnerable of society pay the price ...

[@startroopian]

If the bank's fail where does your money go?

[@DimitrisAndreou]

How To Prepare For The Next Global Recession - The Keynesianist. FTFY

[@armyyyyyyyyyyyy]

Ha??????

[@HypermarketCommodity]

With communism commred, The global capitalist elite must pay for there crimes and murders.

[@hevnervals]

Keynesianism is fine if applied sparingly, and only at critical moments. It's bad when leaders abuse it to fend off downswings until their term is over. Amassing public debt or printing money is like pissing your pants in the winter, it's warm at first, then it's freezing.

[@veraarmstrong9656]

@@HypermarketCommodity Amen.Xenu from your lips to Gods ear!!

[@hunterwatkins714]

Drastically cutting back public spending during periods of recession can cause a relatively minor slump into a depression.

[@iriya3227]

A crash doesn't happen if people are expecting it to happen...

[@MoneyRecall]

A crash comes from the money supply shrinking. That has nothing to do with what the average people do. In a way they do but only because everything is connected.

[@iriya3227]

Money supply shrinking is a sign to stop investing and taking risks but not something that stops people. Before 2008 crash for years the yield curve was inverted (it was like 5-6%) and yet people preferred to invest in housing instead of government bonds as they believed housing will keep going up massively and yield far more than bonds ever do. Crash then happened with a massive sell off and soon as the truth came out about the real value of the housing, Everyone suddenly panicked and started mass selling. It was the sudden and unexpected turn of events that the lead to crash, money supply just made it harder for people to borrow to stop their inevitable bankruptcy.

[@hadracks]

People are expecting a crash, but no one really knows where, when, the cause, or how bad. Whoever knows could make a pile of money.

[@jbhann]

Shameful Cock ...but what's to stop corrupt and criminal authoritarian governments and institutions from declaring digital currencies illegal for use in those nations?

[@hadracks]

@@jbhann It is very hard to make a unit of currency illegal- whether it is dollars, gold, or seashells. If I agree to pay 3 seashells for that fur pelt it is still a legal transaction. The bigger issue with digital currency is the high rate of theft from digital piracy, its volatility, and its ability to be exchanged easily. Combining the last two becomes very problematic. I pay two bitcoins for a car and by the time the transaction goes through several hours later the value of my bitcoin may have changed so one of us may feel cheated. An existential concern is that they seem to play an oversized role in global warming which will become more relevant every year as taxes on global warming will go up and computing power per virtual coin also goes up.

[@mindvolution]

I don't think a global recession will start "sometime in the next year or two". However, if the whole financial system hasn't learned from mistakes and keeps rolling the same wheel, inevitably something like this will happen. If people can't afford to pay off their debts, that is a sign of a problem much deeper than just being "a cause" for another "global recession".

[@tb4u646]

.

[@davidknight2072]

Next Great Recession will be here around 2020. I read an interview about a guy betting against it. When asked for proof, he said the market, despite historic hiring, will bounce up and down hard. Several days ago, the market was at Great Depression levels for this time of the year. Today it rose 1000pts. This is what he calls "the canary in the coalmine". 70% of the market is consumer spending (flat wages and higher everything else required to live means we're NOT coming to the rescue). The rest is government spending (USA currently shut down) and exports (trade war). Great Recession may be here by the end of 2019 at this rate. I've spent the past 7yrs preparing for what's coming. Bring it on world!

[@yessay2929]

i was wondering, interview url

[@erzan]

3:12 "Nasty geopolitical tensions". WWII, 75 million deaths.

[@Moonless6491]

Step 1: be lucky and have someone give you alot of money. That's it. There's nothing besides having a garden that will help you.

[@Patrick-dy1ly]

I’m less prepared now than I was when the video started.

[@tomstarling3905]

Could someone explain about the inflation rate goals, it was the first recommendation at the end.

[@tomstarling3905]

Ok I googled inflation rate management to find that the statement refers to physical reality, how the so called money this presentation is about actually relates with a common price of goods within an economy. I remember they use a "Big Mac index" to get around that pesky problems of economics, nations just aren't households - don't get me wrong it means I don't understand what that statement means about controlling the inflation before rates go down. I wonder how "inclusive capitalism" fits into this thinking, hmmm...

[@hyperxx99]

I don't recall a real recovery from 2008's recession. In fact debt and inflation has skyrocketed since then. 08 was a warning shot of things to come. No one is safe in the long run as all this debt and credit rot in the system. But hey, "Everything is Awesome".

[@MichaelJayValueInvesting]

When it comes to being prepared for a market crash, better to be months early than to be a day late.

[@dalemark4821]

Stop calling it a recession! This is going to be much worse!!!

[@user-dt9jr3db7d]

How much worse mate please tell me

[@user-dt9jr3db7d]

@ferkemall thanks for the info mate 👍 also what stocks should I invest in

[@feliperuiz6163]

This guy must be from the future. Wish I could of seen this video before the freaking stock market crashes ! Smh

[@PrinceJes]

I'm here to learn

[@ArchAngel5912]

The best method to prepare is store food ,water,guns,rifles and ammo. Whiskey, toilet paper, over the counter medience or keep your prescription meds that are left over, especially pain meds. Just a start of items, solar panels lights bulbs, propane

[@ПопулярновБългария]

we are ready for the end of the petrodollar!

[@powe300]

From Russia? A country completely dependent on oil lol. Y'all aren't even relevant anymore lol.

[@lmtada]

Not yet

[@s.a.8548]

powe300 You don't seem to understand that oil can be sold with payment OTHER than shitty USD

[@ПопулярновБългария]

if you think Cyrillic alphabet is Russian then you're ignorant af! but here you are posting global economics comments...

[@ShaglusZ]

he's talking the dollar, the us dollar, it has been the backing currency of the oil trade for a long time, without it the US will go waaaaay down... I'm not sure he's Russian, but I certainly wouldn't say Russia is irrelevant... do some research brah!

[@asillypiggy]

save a shit ton of money and buy as much apple, google and amazon share when recession happen. It’s just something I’m gonna do, those don’t want to follow: you do you. There’s no point fighting over this.

[@pedrolopes3542]

yeah, because those stocks are not overvalued at all {sarcasm}

[@chairwood]

@A Mc how do it work

[@pedrolopes3542]

Shahid You should know that some of those tech/retail companies might never bounce back, since those companies core value is their sales, they have limited infrastructure/assets that they can sale and thus if their sales drop bellow a certain level, they might not be able to repay their current debts and cover their operational costs, so their market price could drop to 0. I understand that this is a huge challenge for you, but make an attempt to be civil with other humans, it goes a long way.

[@shahid8344]

@@pedrolopes3542 be civil?? You absolute cretin you started off responding to a reasonable post with asanine sarcasm you slimy little rat then when embarrassed you talk about civility? Where was the civility when you announced you were going to be sarcastic instead of responding appropriately! I know what kindve of person you are, the kind to provoke someone back in school then tattle off the to teacher when you receive a response!

[@shahid8344]

YOU should KNOW that aside from Amazon the other two companies aka the majority of his point have massive cash reserves and won't need to BOUNCE back they'll stay relatively fine! Next time when you're wrong don't embarrass yourself with a second stupid reply

[@thecaptainspeaks7356]

The dow fell by 800 points yesterday.. the next recession is definitely coming back to the developed countries!

[@aribbonatatime]

So how do we prepare?

[@lppoqql]

They need to preemptively increase interest rates, but they never do what they are suppose to. The problem with QE is that its a very uneven form of distribution, it will just increase inequality and eventually leads to political instability then war.

[@IOwnThisHandle]

It's always nice to know you can spell "shit" from "The Economist".

[@energylatam8440]

The problem is the business as usual model, populism and power and financial concentration that generates inequalities. Thanks God for the digital transformation with its democratic access for all. The key is the leadership, rulers of change. The challenge is huge: common good, social engagement and self empowerment. Finally the politicians must reset their values and focus in these issues.

[@veraarmstrong9656]

America is a REPUBLIC and not a Democracy and we the People want it to be so., NOOO totalitariam PC Globalism for us, we won already in 2017. checkmated the demon rats! good times enjoy the show

[@energylatam8440]

@@veraarmstrong9656 world must be aware of Digital Demons and control them. This existence is not perfect and would not be much better. By the other hand World is not only the U.S there other 7.2 Billion people ready to close the gap created by the "System". The developing countries have the right to get the same standard of living as 1first world. I am U.S. Fan and the legacy to our civilization came from God. It's innovation and entepenuerahip are a benchmarking for all nations. But what about Australia and Scandinavia? We must learn from them also. Globalization is our common ideas battle field. I am confident that online education will close the gap and with righteousness.

[@MoneyRecall]

Banks and national governments are in bed so good luck.

[@PS-os6sr]

Politicians believe in this system. Without public knowledge on these issues - neither politicians not nothing can change...

[@mtadams2009]

Due to flat wages, healthcare cost and very expensive housing cost many people always live in a recession. When the last one happened I did not notice anything as I am just a worker bee. Its been ten years and I am still pay check to pay check, its ok so are most people I know.

[@thisisbob1001]

Same here

[@Armannortheast]

Same here

[@AlegreFranz]

so, should I wait a year or two before shopping for a house?

[@MattTheGunner]

I don't know how this guy can say that the economic state isn't as bad as 2008. It is far worse, the bubble was only pumped larger. The economic crisis looming will be far more catastrophic than 2008, in these times we will need to look for reliable stores of value...

[@tomtom-ec6tb]

Stock up on silver. Ready for another bull run in next recession. Now is relatively cheap.

[@MoneyRecall]

That is what JP Morgan is doing.

[@TheAhmedvienna]

Thumbs down.. I was looking for how.. Didn't answer the question..

[@theextraordinaryman5132]

TheAhmedvienna Keep a bundle of cash personally (in case of a 'bank freeze'), and collect gold and silver immediately starting now. An ounce of silver costs less than $20 USD at the moment (perfect for those living paycheck to paycheck). Gold and silver are the only two currencies that have been accepted globally for thousands of years, and have risen in value during economic distress historically (it's hard to beat such reliability). Also, store plenty of food, and water ahead of time, and obtain a power generator (gas-powered) as an alternative energy source for emergencies (additionally, storing some gas for its use). These basic steps can dissipate stress foreseeable in the near future.

[@veniminsurance3260]

This is where all the tissue papers fought for and bought by people comes in handy, I hope you can make money from tissue paper 🧻.

[@jennifernicoles6006]

The smart ones know to avoid the distractions and focus on investments now as the world economy will definitely need some re-adjustments and a lot more people will be in debts. Bitcoin, stocks, Forex, Bonds anything goes as far as you have the guide of an expert. Mr Alex Paton has really been a great influence.

[@arielivanna2095]

I can’t dispute the importance of maintaining different streams of income, that’s why some of us will never wait for the government dependent on pensions. Trading especially is a goldmine that has very few miners.

[@samuelobodoekwe5312]

How can one start trading successfully? I’ll love to learn how to I’ve always heard of how lucrative and profitable it is.

[@margarettasanjay2718]

Trading is not as easy as it seems, reading charts and analysis can take much of your time. Losses can lead to you blowing your account that’s why it’s best adviced to get an expert trader to help out. Mr *Alex Paton* has been handling my trades.

[@margarettasanjay2718]

With ALEX PATON trading is easy and making profit is guaranteed. If you have further questions about how it works, you can... AlexPatontrades (a) g ma il. c om ... Or... (32) -460-219-701 Talk to Paton directly on wa(t)sapp and get the help you need.

[@saurofreschi7855]

The comment about Italy not being able to repay its public debt considering it's got one of the biggest private saving basin in Europe is a sign of either ignorance or guilt.

[@kingraghavsahni]

it will come from those highly valued startups that make loss after loss every quarter. This startup era will come to an end. no more funding. 💥

[@aps1s]

i kinda hope this happens- housing would go down and desparate people would sell low.

[@AsianTexasCowboy]

Thumbs down for not answering the question on the title.

[@TheyForcedMyHandLE]

It's not their fault you assumed the video would be talking about you.

[@Steve-rm2to]

That's the trouble with the Econmist, always pontificating on the big picture with no real advice for the individual, how is the speaker preparing for the next 'Global recession ' guess work guess work and guess work, having got that off my chest I hope there isn't one

[@theextraordinaryman5132]

Steve1956 Birchall Keep a bundle of cash personally (in case of a 'bank freeze'), and collect gold and silver immediately starting now. An ounce of silver costs less than $20 USD at the moment (perfect for those living paycheck to paycheck). Gold and silver are the only two currencies that have been accepted globally for thousands of years, and have risen in value during economic distress historically (it's hard to beat such reliability). Also, store plenty of food, and water ahead of time, and obtain a power generator (gas-powered) as an alternative energy source for emergencies (additionally, storing some gas for its use). These basic steps can dissipate stress foreseeable in the near future.

[@MrMikeTauber]

These insights are interesting in a simplified way, along with solutions.

[@tomhowroyd]

Well put together video and an understandable and likeable presenter

[@ThatGuyDownInThe]

Bro I'd rather not live in a system where every 10 years everyones lives are destroyed besides the ultra rich lmaooooo

[@lovepeacepara]

Thanks but no thanks "The economist' is not a trustworthy organisation.

[@guidobit]

Fast-forward two months: US is buying unlimited corporate bonds (printing unlimited money) to combat the crisis. The debt bubble is popping.. Corona just gave it the unexpected early nudge.

[@Phillip-apolo]

WW3 🤔

[@adityakujur1724]

very likely

[@stevareno6995]

i guess I missed it where is the prep?

[@armeniajones7873]

What the socket you have to pull it up on your phone to stop the recession

[@Darsh-od9il]

no one ready for recession🤣🤣

[@viralvideos8070]

Banking with "Interest" has to be eliminated, as it is mathematically impossible for the "Interest" to be paid back, because the money for interest does not exist. Interest Banking is the cause of "Inflation" and artificial inflation is the reason for the current high cost of living.

[@MrAnperm]

The new money is created whenever loans are made.

[@rockssocks201]

Dumb af...

[@jamessheehy4895]

Learn Russian, Mandarin or code haha

[@soulscanner66]

LOL. Russians and Chinese all learn American so they can leave those shithole countries, so there's no need. Their best and brightest all leave for Europe or America.

[@s.a.8548]

Guy Souriandt Not so common nowadays. English used as an international language not just for Europe/America. A Chinese businessman will speak English to a Kenyan owner. Wake up. America is falling and everyone can clearly see it.

[@Mmmm-zg1vn]

@Guy Souriandt: I seriously think you ought not to laugh at James Sheehy's comments. The Chinese or Russians, or both, take your pick. Global power is looking in the Chinese favor as Russia will be her biggest ally, especially after all Russia has done to sustain her as a Communist country before Russia fell as a Communist country in the mid-1990s. If you can't see what the Chinese are doing, how they are taking over the world by way of providing large financial loans to poor countries and putting their military on those countries' soil to protect their assets, then you've been asleep the past 10 years. The Chinese are nation-building and doing it much different from how Europe and America tried to do it; at least they are building roads and new modern buildings in developing countries whereas the Europeans and Americans just left the poor countries to fend for themselves, after depleting most of their vital resources. It seems every European country is involved with almost all of the African countries right now. But China has a strong grip on the African continent which is making the Europeans very nervous. Yes, the almighty dollar with the US influence is waning very rapidly--very true indeed! So I would behoove you to learn Mandarin or Russian language one of the two of the countries will be the most influential within the next five to ten years.

[@s.a.8548]

@Chand Bellur Looks like you have nothing to say about China. Good because the future is bright there.

[@possiblyadickhead6653]

@@Mmmm-zg1vn the Europeans also made better infrastructure in Africa but when they leave it became a chaos since their were still trying to influence the countries and other parties joined the party like china and USSR.

[@johncarter6852]

*title:* ..... *2020:* wash ur hands frequently, stay @ home, wear a face mask, etc...

[@Arcaryon]

Subbed. I live in Europe and I am a bit concerned but I believe that we can do it this time. We have learned a lot from the last crisis and its a good thing that the debates are starting to pick up.

[@Illumirage]

Hey, get a hold of your unsustainable immigration before you address anything else sweetheart. Enjoy the last generation of the ethnic German.

[@Arcaryon]

@@Illumirage oh boy do we love our nationalists here. Thinking more than 700 million Europeans could be threatened by a measly 3 million syrian refugees ... Pathetic is all I have to say to that. Pls come and visit - I am sure you'll understand your mistake. We are a strong people not easily broken. And Europe will not fall because some desert country has a little war. Your statment here is an insult to the human civilization ... Sometimes reason is lost on people who truly believe what you just threw out there. We have far greater problems here but you just don't seem to understand too much about our inner politics or our history if you really think that we are scared of strangers who come here to seek our help. You are barking up the wrong tree little fly ... I'll repeat. We have learned that one should not just stand there when people start to spread lies ... So I'll come back and make this absolutely clear for you. You just sit in your basement and wait. And before you start - I am not by any means left. I just think liars should be ... Maybe a bit rough - let's just say we don't have the best history with people who are not all that interested in the truth and try to manipulate the public opinion to support their own interests - I am sure you understand my sweet sheep. Just remeber this for now. Sheep follow liars and we are not kind to false shepherds. Have I made myself clear ?

[@Illumirage]

@@Arcaryon _"oh boy do we love our nationalists here. Thinking more than 700 million Europeans could be threatened by a measly 3 million syrian refugees"_ That's the thing though, it's not only 3 million syrian fake refugees. _"Pathetic is all I have to say to that. Pls come and visit - I am sure you'll understand your mistake."_ Nah. My parents did in 2015-ish. Around the time Merkel changed Europe's fate forever single-handedly. That was the end of Europe as it was. Europe as it still should be. Before you guys started thinking of everyone else before yourselves. _"We are a strong people not easily broken."_ Are you though? Because it looks as though you'll be the minority in the not so distant future in your own effing country. I've heard some pretty staggering statistics out of that particular country. LIke in certain areas 1 in 4 of the youth are Muslims. That's scary. To anyone who knows anything about Islam, that is a scary prospect for the future of Germany. _"And Europe will not fall because some desert country has a little war. Your statment here is an insult to the human civilization"_ It's that kind of 'nothing can touch us' attitude that will get you conquered. _"Sometimes reason is lost on people who truly believe what you just threw out there."_ I'm not sure you're in any position to be condescending right now to be quite honest. You don't hear some of the worst things happening in your country because the press isn't even allowed to report on it. _"We have far greater problems here"_ No, make no mistake, that is an existential problem. It is quite possibly your biggest problem in Germany right now. You don't understand it, but in 10, 20 years you will. You will know I was right. When Germany doesn't look the way you remember it growing up, you will understand. _"but you just don't seem to understand too much about our inner politics or our history if you really think that we are scared of strangers who come here to seek our help."_ They are not seeking your help. They're seeking to take you over. _"You are barking up the wrong tree little fly ... I'll repeat."_ It's that kind of arrogance is why I'm calling bullshit. I don't even believe you know the true extent of how horrible of shape your country is in. _"We have learned that one should not just stand there when people start to spread lies"_ You sound like a brainwashed leftist. _"So I'll come back and make this absolutely clear for you. You just sit in your basement and wait. And before you start - I am not by any means left."_ I think you are. _"I just think liars should be ... Maybe a bit rough - let's just say we don't have the best history with people who are not all that interested in the truth"_ If that were true you'd be tarring and feathering Merkel. You'd have done it in 2016. You are talking straight out of your ass at this point. _"and try to manipulate the public opinion to support their own interests"_ Projection at its finest. _"I am sure you understand my sweet sheep. Just remeber this for now. Sheep follow liars and we are not kind to false shepherds. Have I made myself clear ?"_ You're still projecting. And you're being arrogant whilst simultaneously being wrong. That's a pretty fucking ugly combo. You sound either incredibly naive or willfully ignorant.

[@Arcaryon]

@@Illumirage willingly arrogant. Not so stupid after all. Seriously I don't like Merkel. But I live here and there are very few muslims here compared to the normal bunch of germans. Again I really can not stand it if people try to say that the legal or illegal immigrants whatever the hack one may call em are a threat when china is actively buying up our industry. Again we have problems. We have the largest minimum wage sector, our people are getting very old which isn't good for our renting system (we'll still be arround 77 million in 2050 so no worries) but the entire budget for the refugees that could have been spread all over europe is 14 billion euros. That's peanuts, that's basically a little bank during any given crisis.

[@Arcaryon]

@@Illumirage to make it 100 % clear the people who condem the muslims use the same language the Nazis used when they attacked the jews. It's not even funny, it are the same structures and the same intends, maybe you have heared of the AfD - well that's the extreme right for you and if you are german you are obligated to hate nationalism because our country suffered too much because of that bullshit.

[@robertgasko4041]

Such a vise guy, probably one of these millennials who know everything about nothing.

[@theSPUDereHD]

Answer: buy gold

[@darellarocho5729]

How does that actually work? I'm curious

[@MoneyRecall]

Silver is a better deal. More potential and is actually useful.

[@lmeza1983]

gold is crazy expensive right now and when the SHTF it will devalue to take it from the people that has something (corporations wont sell it), regular people wont buy it since they cant eat or drink gold...

[@вечная_мерзлота]

Ok. 3 min and no answer. He sounds just like fake media

[@ashleylaw]

He is fake media. A ignorant little boy.

[@theextraordinaryman5132]

Vital Ral Keep a bundle of cash personally (in case of a 'bank freeze'), and collect gold and silver immediately starting now. An ounce of silver costs less than $20 USD at the moment (perfect for those living paycheck to paycheck). Gold and silver are the only two currencies that have been accepted globally for thousands of years, and have risen in value during economic distress historically (it's hard to beat such reliability). Also, store plenty of food, and water ahead of time, and obtain a power generator (gas-powered) as an alternative energy source for emergencies (additionally, storing some gas for its use). These basic steps can dissipate stress foreseeable in the near future.

[@ultrabaron]

To survive a recession, buy precious metals (gold, silver, platinum)

[@snowstormandfire]

Make a video about how the individual can prepare for the next global recession!

[@mrThoreKarlsson]

Don't vote on Trump and the problem is solved