Recession News
Latest Recession News
According to Bloomberg's senior commodity analyst, BTC is currently untouchable and could go all the way. However he asserts that a recession will likely affect the commodity as well.
Recent reports indicate that global real monthly wages declined in 2022 for the first time in the 21st century. These wage plunges correlate slightly with crypto price declines and layoffs in 2022. Real global wages declined in 2022 Wall Street…
The compounding effects of the COVID-19 pandemic, lockdowns in China, supply-chain disruptions, and the Russian invasion of Ukraine are the major causes of the current economic depression. With the growing inflation across the world, the global economy could be entering…
According to Wu Blockchain, the Fed did not mention a recession in its June FOMC meeting, but mentioned inflation 90 times. As the second quarter approaches, the FOMC believes that the US economy will improve and the overall trend remains…