Will Recession in usa Affect other countries ?

The U.S. dollar is overwhelmingly the world's most frequently used currency in global trade. So, any recession in the US, would affect most of the world in one way or another. How to take advantage of any recession ? Stocks of some sectors, such as consumer staples, health care and utilities, have historically done better than the broad market during recessions.

Other countries have already been affected by this war. People will die without food and shelter

foghorn said:

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

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How can war be used to avert a depression?

TheoreticallyBr said:

How can war be used to avert a depression?

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I meant it will cause another one. WW2 started exactly this way.

Unfortunately, really bad times are going ahead

I think it affect other countries also

Everyone is going to cry their eyes out soon. These cold war situations gonna take everyone down. UK is suffering the most with their currency downturn.

Countries that have had historically low interest rates that are now having to push rates up quickly to combat high inflation will almost certainly enter a recession (USA is already in a recession they're just trying to redefine the actual word so they don't have it print which is fucking lol)

Has almost nothing to do with the strength of the US dollar tbh.

Most first world countries (and alot of others) will almost definitely enter a recession.

Japan (who is one of the only first world countries to not increase the cash rates) will either fair significantly better than the rest of the world or significantly worse. You could try hedge that.

Honestly right now, I'd be putting money into US dollars / Gov bonds and parking it. They seem to be increasing the rate the quickest (negatively effecting their economy but strengthening their dollar), I'd park cash there until it looks like rate rises are over or at least seem to be tapering down.

Alternatively, short tech stocks, and crypto (GBP aswell if your feeling risky)

I think people in western countries are not resilient enough for the actual situation.
I don't see a recession or inflation at the moment. What I see is a price rising generated by energy prices.
If the gouvernments react by supporting people and companies during this time with money and tax advantages and the unions don't want exorbitant more sallery, this problem will not last long. The countries mastered Corona... And don't ask, where the money should come from. Money is nothing more than trust in gouvernments.

johnyow said:

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

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But then we're all stuck using iphones. lol

I'm not sure which I would prefer..

oh nooo my dollar, imma buy gold real quick

Don't know about that. But war can certainly affect the whole world.