'The worst is yet to come': IMF predicts recession in 2023

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The International Monetary Fund published its World Economic Outlook report today and its findings are direct. The report comes on the heels of the U.S. Federal Reserve raising interest rates in late September.

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And the question on everyone's lip is "what will 2023 bring". I am optimistic but better safe than sorry. Prepare and invest for a possible inflation

goodman
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I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460, 000 in 4 months from $160k. Somehow this video has helped shed more light on some things, but I'm confused, I'm a newbie and I'm open to ideas

farishdaniel
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The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich.

Hutsfrg
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If you're scared to lose your job, don't wait until after you lose your job to start networking. At the moment in October 2022, it's still very easy to get work.

fyodorberkovich
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It’s not possible to create the amount of money which has been created in the last couple of years by the central banks without it causing hyperinflation.

davidmortimer
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the worst part of this video isnt the inflation its that people think thats the only reason we are doing into a downturn not because we have a huge stagflationary debt crisis ... that we never recovered from 2008 and have a very sick system on the inside and we avoided a depression for 90 years and we could be there now i doubt we are going another 30 years without one just had the pandemic

brianoleson
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American deserve that. Because the choose Joe Biden over Trump . . 😂😂😂

jepoypastranatv
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This video make me know that is not a must You should have a high education to be rich 😊😊

maryberylwere
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Recession is a great chance to reduce and downsize. The demographics is shrinking and interest is higher so people will slow down buying houses, cars, furniture, cloths, fuel and electronics. This will reduce excess of buying which impact the environment. During Covid the CO2 emissions went way down but is back up. Recession will reduce CO2 emissions as people drive less and take less trips. We can spend a lot less and still live very well. I personally lived through recessions 1980, 1990, 2001, 2008, 2020 and now potentially 2022 and have not only survived but thrived. I also battled cancer from 2015 to 2017. To me the human spirit is adaptable and resilient. If you earn less than spend less and save something for tomorrow. All this doom and gloom is for the financial institutions, governments and banks and over stretched consumers addicted to borrowing. Borrowing is as addictive as gambling since borrowers are gambling with their future.

georgeyao