Will Recession in usa Affect other countries ?

mikaop

Power Member

Jan 5, 2021

577

319

• Oct 9, 2022

• #1

So as we all know and seen from a lot of youtube videos and tv news the inflation is up and the recession is on it's way .

I'm not in the usa , i live in africe and i would like to know how the recession can affect my country and how can i take advantage from it ?

What do you think ?

 

Conjecting

Banned - Multiple Rules Violations

Oct 31, 2021

759

1,554

• Oct 9, 2022

• #2

Well of course bud. The USA is a global power and the dollar is considered one of the strongest (if not the strongest) currency in the world.

 

Accountstealth

Supreme Member

Jr. VIP

Dec 13, 2020

1,410

713

• Oct 9, 2022

• #3

Unfortunately, the us economy affects the whole market.

 

TheMarquis

Elite Member

Executive VIP

Jr. VIP

May 17, 2013

3,974

24,170

• Oct 9, 2022

• #4

I don't think so. I really don't see any impact.

 

ExperimentalSEO

Regular Member

Mar 1, 2018

451

2,066

• Oct 9, 2022

• #5

It's not just a US recession, its multiple recessions throughout the world popping up due to high energy costs.

 

HustleTong

Elite Member

May 30, 2019

13,466

10,660

• Oct 10, 2022

• #6

The dollar will pull the trigger

 

Ganstyle

Newbie

Mar 10, 2022

21

8

• Oct 10, 2022

• #7

Yes, yes and yes. The global recession has just started and will most likely be on a roll for a few years.

 

H

h4c1t1

Registered Member

Jun 19, 2016

64

31

• Oct 10, 2022

• #8

Anything that affects the US, affects the entire developed & developing world.

 

foghorn

Regular Member

Aug 12, 2012

270

121

• Oct 10, 2022

• #9

A US depression means a world depression.

 

thedorf

Elite Member

Oct 1, 2008

2,558

1,819

• Oct 10, 2022

• #10

Many things have impact on the world economy i.e.: the war in Ukraine, Middle East countries restricting the output of oil, and yes, the state of the US economy.

 

Project Limitless

Elite Member

Jr. Executive VIP

Jr. VIP

Dec 3, 2021

1,819

2,637

• Oct 10, 2022

• #11

foghorn said:

A US depression means a world depression.

Click to expand...

There will be a ripple effect but that is an overstatement.

 

foghorn

Regular Member

Aug 12, 2012

270

121

• Oct 10, 2022

• #12

Project Limitless said:

There will be a ripple effect but that is an overstatement.

Click to expand...

Unless Europe has another war. Oh wait you guys are trying to start ww3 right now lol.

 

J

johnyow

Banned-Rules Violation

Jul 3, 2022

215

343

• Oct 10, 2022

• #13

everybody order iphone 14 and there will be no recession in USA

 

Ganstyle

Newbie

Mar 10, 2022

21

8

• Oct 10, 2022

• #14

foghorn said:

Unless Europe has another war. Oh wait you guys are trying to start ww3 right now lol.

Click to expand...

It sure as h**ll feels so indeed. Hopefully sh*t will calm down, but it’s not looking good.

 

ExperimentalSEO

Regular Member

Mar 1, 2018

451

2,066

• Oct 10, 2022

• #15

foghorn said:

A US depression means a world depression.

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Except the world is fast breaking up into two economic blocs. One economic bloc is a bunch of control freaks that put personal views ahead of business and is self destructive, the other economic bloc has a laissez faire mentality.

 

foghorn

Regular Member

Aug 12, 2012

270

121

• Oct 10, 2022

• #16

ExperimentalSEO said:

Except the world is fast breaking up into two economic blocs. One economic bloc is a bunch of control freaks that put personal views ahead of business and is self destructive, the other economic bloc has a laissez faire mentality.

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Yup, and for the first time in a century America has a the chance to not be number 1 anymore. All of Asia will unite (enough) against us. The petrol dollar being destroyed will be how you know they won. Very sad..

 

djokdjakarta

Junior Member

Aug 5, 2022

104

36

• Oct 10, 2022

• #17

foghorn said:

Yup, and for the first time in a century America has a the chance to not be number 1 anymore. All of Asia will unite (enough) against us. The petrol dollar being destroyed will be how you know they won. Very sad..

Click to expand...

Asia will never unite. there has been a very large negative sentiment towards Japan in the past.India China border issues, Korean war, China Taipei issue etc

 

Ganstyle

Newbie

Mar 10, 2022

21

8

• Oct 10, 2022

• #18

A book for all of you: https://www.amazon.com/End-World-Just-Beginning-Globalization/dp/006323047X

Look him up: Peter Zeihan

 

J

johnyow

Banned-Rules Violation

Jul 3, 2022

215

343

• Oct 10, 2022

• #19

Ganstyle said:

A book for all of you: https://www.amazon.com/End-World-Just-Beginning-Globalization/dp/006323047X

Look him up: Peter Zeihan

Click to expand...

Globalization is going to end in 12 months in my country

 

intl playboi

Newbie

Sep 24, 2022

39

43

• Oct 10, 2022

• #20

Leave the victim mentality aside, because you will be affected regardless. Like each one of us. However, this is the perfect time to start your business and/or invest your money. That's just overall and obviously not a suggestion, always do your research, take a calculated risk, etc. But in general - it's time to put in the work.