What proof do you have that a recession is coming within 2 years?

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22savage

New

BIO
Just want to chill
22savage
Yesterday 70 Comments

I'm worried because I'm currently on the job market. This would be the worst timing ever it it was this year.🥲

Update: already 10+ votes for recession within 1 minute. I'm scared.

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TOP 70 Comments
  • Meta
    Chris Rock

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    Chris Rock
    Source: trust me bro I learned about inflation from Wikipedia last month
    Yesterday 2
  • GDP is forecasted @ 1% for Q1’22.
    Inflation is out of control.
    Sales are already slowing down
    Consumer confidence is low
    Rates are being hiked up rapidly
    Companies aren’t growing as much or as fast

    I’ve never seen such amped up demand for finance roles for the past two years (relatively anyways).
    Yesterday 12
    • New
      ueb3so2

      New

      ueb3so2
      Revenue generating team is a product team, that needs tp keep the lights on even if no customers for maintaining software. Top ten is performance. Top ten is safe even in some internal critical tool team but it's still not best place to be. Just do best of your abilities
      Yesterday
    • New
      22savage

      New

      BIO
      Just want to chill
      22savage
      OP
      Thanks, staying in product
      Yesterday
  • New
    IndSuzuki

    New

    IndSuzuki
    💯💯💯 a recession is going to happen.

    That said, in the purest definition of a recession it can be totally Benign and nowhere close to the 2008 recession (which is the only one most people on blind will recall if any).

    FWIW there have been a total of 48 recessions in the US (since it became independent) and the latest one was in 2020 but it was so short lived that most didn’t even notice it.

    In summary - definite on the recession. Not sure on the “everything is going to shit” part (that one totally depends on a multitude of factors).

    Lastly, on the super optimistic side, if we did get a benign recession the period that will follow it will be the best opportunity that GenZ will get to kick start their financial success
    Yesterday 15
  • Recession will come soon due to an expected halt of Chinese shipping due to COVID. It will be considerably worse this year compared to last. Major inflation incoming, which often results in a recession.
    Yesterday 1
    • New
      22savage

      New

      BIO
      Just want to chill
      22savage
      OP
      Sigh this makes too much sense. If the middle class can't afford to buy things we're screwed.
      Yesterday
  • Twitter
    l33tcoder!

    Go to company page Twitter

    l33tcoder!
    Inverted yield curve
    Yesterday 3