Economic Recession 2019-2020 Confirmed

1. Country
2. Have you even recovered from the last recession?

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youtu.be/feU7HT0x_qU?t=37m28s
twitter.com/AnonBabble

yes

Thank god, this recession migh be the spark that kicks off a big war so we can restart

Good time for white leftists to gtfo the cities

...

No! Please wait! We haven't even recovered from our 2014 crash, please God make it stop!

>Global recession while in a recession with a 12% unemployment rate
It's going to be a wild ride.

Should I still go to university?

Yes, go to Uni, get free gibs.
Even if you fail the classes when society goes belly up everyone gets a fresh start

Flag.
No, GDP per capita PPP was $42574 in 2008, and it was $40585.72 in 2017.
Government debt went from 32.7% of GDP in 208 to 61.4% in 2017.

source: tradingeconomics.com

yeah we're way better than pre-boom level lrn2ecomoney fucking monkeys

Recession is the best time to be a student, as long as you can afford it.

Why is that?

1. norgay
2. norway kind of went trough the 2008 one pretty well off (compared to others) but instead of taking advantage of the low interest rates and paying of existing debts, norwegians have just taken on even more debt instead...
so the next one is gonna hit MUCH harder.

Nice

marketwatch.com/amp/story/guid/A9E2409A-F72F-11E8-84A6-E0B25E1938B1

US stocks fall 3.5% so far today
Down for year

$10,000 to $12,000 with UEbux?

Estonia will surpass Finland by 2035, GDP per capita PPP wise.
source: my ass feeling

Your ass is feeling good?

there are no jobs available during recession
GDP per capita: 18977.39 USD (2017)
GPD per capita PPP: 29481.25 USD (2017)

anxious

>PPP

Even without PPP, Estonia will be richer within my lifetime. They know the value of work and saving. My countrymen have lost their senses. Nobody saves anymore, people would rather lay about and do nothing, getting neetbux.

>economic prediction
>confirmed

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lowest debt to gdp ratio in europe (8%), while yours is 98% and greece is 180%
unemployment rate united arab bucks
net supplier in a year and doing just fine. we'll be supplying your retarded economy so shut the f up and give respect negro

We entered one in July and we are already fixing our shit

Based mauricius

when does it begin

soon, the peak is over even in Finland, and we're notoriously post-cyclical

Good. I will just buy a lot of CHF when they're still cheap and I will sell them for 50% more when the crisis comes.

give me the month

I'm not a fucking calendar.

when does it happen?

Flag
No, the 2008 recession hit us harder than anyone else, except Ukraine
You and China grew during 2008, you should be happy

Living on the edge tbqh

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Soon.

Flag
We grew during the last recession, i hope we dodge the bullet with the next one.

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We didn't even felt the last recession, and we recovered pretty quickly, but I am not sure if we are going to be this lucky now.

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Didn't a handful of countries still grow during the recession in 2008, China, India, Australia, Brazil et al?
What are the chances they still grow during the next recession, if it ever comes to that?

Our last recession was in 2015 and no. Things have been very difficult for me with the cost of food and rent increasing very fast. I had to work shit minimum wage jobs for a while, but finally found an entry level position in my field earlier this year. Apparently the unemployment rate reached historical lows last year, but I think the cost of living has become too high for many people in big cities.

brainlet here, will the euro help or amplify a recession?

Right wingers need to be killed off like the vermin they are.

what about you don't give them a pat on the back after they fuck up consistently?
October wasn't any better and November numbers are not even out yet

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Noooo, I wanted to look for another job in a year or so that lets you work completely remotely (web dev)

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>euro
there is no simple answer either you're interested in the currency or the economical-zone. anyone who gives you one you can consider a charlatan

the fact that we are not still freefalling is a testament to their adaptability

Tell me of any other government that solved a crisis - a crisis we all knew was coming - so fast.

The currency I mean, especially compared to EU countries who don't use the €. Since it's all tied to the $ in a way.

Lol

Go die out, future Russian slave

November-December 2019

China India? 100%

Brazil and the rest of the semi-industrialized shitholes? 0%

I suppose driving 2 hours of commute a day is better than not having a job again

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Oh fuck off what am i going to do when i graduate

Because our president went on a spending spree to guarantee Brazil would grow. The 2014 crash basically killed the Brazilian economy.

Smear some poop on your skin and pretend to be a pajeet. You'll only have to take a big pay cut and live in a cardboard box, eating noodles and sewer rats to stay alive. At least you'll be employed.

>government fucks up economy with free market neoliberalism
>goes begging for a state-funded bailout from big daddy IMF
>”at least we didn’t collapse!”

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this

the ammount of bullshit I've heard during the last crisis and these past years made me realize than economic predictions and scary graphs don't mean jack shit.

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Measuring the streets, one pace at a time.

Steal?

If something happens will the world recover by 2022 ?

Mug people on the streets of course.

WW3 will nullify all debts.

MARKETS IFFY
DIALECTICS STIFFY
MAAAAAAAAAAAARRRRRRRXXXXX GAAAAAAAAANNNNNNNGGGGGGG

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>free market neoliberalism
did you actually follow Macri's policies?

China is in a debt-fueled spending spree building high-rises and highways everywhere, they can't grow less than 5% otherwise it's already considered a recession for them, if they mark -0% growth then it means they're collapsing.

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Why would we get a ww3 ?
i think i'm the one that will get mugged..

AN ACTUAL FUCKING MACRI SHILL

>that solved a crisis
lad
our currency fell from 20:1 to 40:1
our inflation rates are double what the government predicted
the crisis isn't solved, it just looks like it if you're dumb enough to take just the last couple of months as a baseline, there's no solving a crisis until you get at least consistent growth, and we're still set to have our economy shrink by 2019

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Yeah, we are now in pretty good phase as a country. We have 350k open vacancies and 190k unemployment people

Honestly I don't really care about recession. I have my own appartment worth 360k€(thanks grandma), zero debts and 22k€ in savings. I can survive one or two bad years without problem

Noice. I'm looking forward to Europe once and for all casting off American interference. As well as, political, economical and cultural influence.

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Your president was the only one to pass the budget?

>what is the yield curve

It’ll be a shallow recession

Cannot fall much further since we barely recovered, r-right?

Let's be rational. If this is an all out mega crisis, which flag do we blame and why?

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Why didn’t La Bruja suffer from such a crisis? Why didn’t she have to beg from big-daddy US government?

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>5% = 0%

You shills have claimed this for the last decade. Kys

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Worth €0 if the recession is bad lmao

USA for the trade war

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>Why didn’t La Bruja suffer from such a crisis?
she deliberately postponed it by freezing the economy.

we've been telling you how hard shit was fucked up for years. you didn't listen. any other goverment would have gone the way of de la rua

Just hoping based Xi stimulates the economy and saves us all

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If they new govt fails to approve the reforms, we're fucked worse than 2014.

>hurdur you can just “freeze” the economy

You guys just can't get a break, you decided to change sides at the worse possible moment

35 trillion usd debt? Where is this sourced from? Google says it’s 5.2trillion usd. Compared to America’s 20 trillion.

I mean, the chances of the new reforms being approved are good, but if it fails shit's gonna be bad.

Looks like you are a lucky fella.

They’ll fuck the middle class and poor real good and bank the stock market returns overseas

Who's tired of so much winning?

We are in a permanent recession.

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sad how after i get my fucking degree in medicine this happens

It's 25 trillion. Where did you get 5.2 trillion?

That is “total” debt

Let’s just ignore that this debt is Chinese government banks lending to Chinese state corporations. A 0% risk.

Nope
We have been in a recession since before the recession. This shithole won't ever recover. Fuck americans

Says 35 trillion yuan on google. 5.2trillion usd.

Not what google is telling me.

How much in debt are you?

Source? Currency is saying the reforms will be half-measures at best

my province is at 15% unemployment and never has been below 10%, we havent recovered from capitalism

That’s epic. What do the numbers say now that half your country is Russian?

It's total debt, not external debt. Their economy died in 2008 so they just keep using their banks to keep pumping money into it.

youtu.be/feU7HT0x_qU?t=37m28s

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Good

Fuck welfare rats and untrained creaturas