Is economic recession coming ?
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H-1B Second Round Lottery for the 2022 Fiscal Year
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Messed up a document production. What now?
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Yeah, probably. The president is this really stupid guy and the republicans are too afraid to stop him from doing really stupid stuff.
This is how I’m describing 2025 to my grandkids
Pro
You should check out the non-partisan financial news. It will be your best aid here: a lot of media outlets are talking about a “recession” but actually just using it to complain about or support Trump. You need something factual instead.
Bloomberg’s good for that. Some of their recent headlines about this are “Goldman Sachs Sees 65% Chance of US Recession”, “Has the Recession Already Started?”, and “[Blackrock CEO Larry] Fink Says Most CEOs He Talks To Think US Is in Recession”.
In other words? We’re toast. And if not, it’s because we get lucky. We are not in a good spot. Buckle up!
Of course not. Once these tariffs hit we’ll be rolling in money. And just think of all that dry powder waiting for Trump.
On a serious note, pretty good chance.
not coming - its been here since biden
look Ia1, we all know trump didnt do the economy any good. it was bad already because our economy was inflated with so much currency flowing through the market from the pandemic stimulus
As a Millennial I must ask, first time here? We survived ‘01-‘02 dot com bust and ‘08 housing… pull up a chair.
SC1, first thing to know is that millennials made it out alive in 08-11 due to four loko, business inspired club wear, & recession pop music.
Worse than that.
Wealth disparity is worse now than ever before. Its not a recession its a depression. Start your own gardens now!!!
Didn’t Covid lockdowns cause the largest transfer of wealth we’ve ever seen?
Yes it’s highly probable. Let’s hope it doesn’t get worse.
The annoying thing about recessions is they’re all caused by jumpy investors who are worried about losing some amount of money that is more than any regular person will make in their lifetime. And, since the market tends to rise over time, if those investors would just chill, they’d see their money return in time.
The recession is less of a worry than AI
It's important not to assimilate LLMs with AI in general / AGI. LLMs are good, but far from perfect, and there are other AI tools out there. Google DeepMind's CEO Demis Hassabis, as well as others, are predicting AGI (human-level AI) within 5-10 years. Humans won't be entirely replaceable (especially in tasks where physical manipulation of things is involved - think setting up and running events, special ops military missions, boots-on-the-ground market research, patient care, farm/ranch and animal management, etc.), but a lot of jobs will disappea. The question is how many new kinds of jobs will be created and whether the volume of jobs that will be created will equal the volume of those jobs that will disappear.
At some point, yes.
The US is currently in a recession the news is not allowed to talk about it so take necessary steps to cut your expenses and you should be fine
Focus on work
Exactly.
Pretty sure the same thing was being said in 2022. Don’t worry right now. People just like to fear monger
Not quite that simple though. Not all costs can be passed on to the consumer. If you doubled the minimum wage, for instance, certain businesses and products simply could not exist, because the price would be too high for consumers to justify, and thus overall productivity would likely fall.
Markets as a whole are ultimately a measure of productivity. In the case of tariffs, trading becomes more expensive. Significantly more costly trading means significantly less trading. Significantly less trading means significantly less efficient allocations of capital. Less such efficiency means less productivity.
Who cares?
Duh.