Global economic uncertainty is a fact, it may be more noticeable in some parts of the world than in others, but I want to know how you see the outlook for your country this year or next year, do you think it will enter in a recession? I think that mine is about to enter one or is already in an economic slowdown
Do you think your country is or is going to enter a recession?
- Thread starter riberet19
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It's too early to tell, but I think the chance that Hong Kong is going into recession is small. With Covid seems under control. consumer confidence seems to get back and they are willing to spend. If there is another variant of Covid, it's another story.
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Ah, you're from Hong Kong, interesting, I mean, things are pretty stable over there, according to what you say, I heard that the real estate market in your country was weakening, but I don't really believe the Western news that is spread here about China in general, that's true ?
I read news about China in HK and online international news sites such as BBC, CNN and other news sites run by overseas Hongkongers to make sure I get different perspectives.
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I understand, so I guess Hong Kong is doing well financially for now, good to know
Nigeria is already in deep recession already. Upon the global demand of oil, nigerian government is misusing and mismanaging the funds. Nigeria is in desperate need of change in government. Thousands of Nigerians are leaving the shores of the country on daily basis.
You aptly captured this, Nigeria is I. deep shit now. Nothing seems to be working but I'm optimistic that we would get it right soon. Let vote wisely
I am not sure if my country will enter a recession or not. I hope that everything will be fine for my country and for every country around the world.
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According to what I am seeing, almost all the countries mentioned are either about to enter a crisis or it is like Nigeria whose situation seems desperate, I hope that everything goes well there and things improve
When we begin to see large companies downsizing on workers then we know it is critical, but as it stands the economical outlook and indicators are so bad right now. The cost of essential commodities has gone up, fuel prices are high, inflation is high, production has slowed down and we recently were hit with level six load shedding where we could not have power for 12 hours. We still have huge debts that we are servicing from taxpayer money. Meaning no money and liquidity in circulation.
Presently, my country is in a serious recession and it is seen in the economy.
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Your country is in a difficult situation sorry for it, I think almost all of us are a little equal in mine there is great political instability, revolts, a huge debt and job insecurity and unemployment, I think it can get worse in the coming years.
My country is going through extreme recession and this is making many people upset and worried as well. I think that it will take much time for my country to recover from the recession.
Yes if we do not increase on our earnings portfolio as individuals then we are likely going to be hit harder than we are anticipating.But if we work hard we will use our side hustle income to caution these economical shocks both internal and external.Otherwise we have been hit hard.
Croatia is definitely already in it. Prices went in air. Prices of apartment grow most than in entire Europa. Even pizza! It was nice sometimes call delivery but it is just to expensive. 7 euros for simple standard pizza. Better eat something else in apartment.
Well, regardless of all that, I think that Croatia might still be in a very much better position as compared to my country. I live in Pakistan and the economy is struggling, despite being a powerful country in regards to military.