The global economy is in a tailspin. To make matters worse, everyone knows it will likely only get worse before it gets better. Consumers are afraid to spend, businesses are afraid to hire, and banks and investors are so scared to invest. In these times of peril, the best…
The global stock market has been going through challenging times in recent years, as supply and demand have dipped at different points. However, as is often the case with a volatile industry, this dip has led to opportunities that would not have arisen if the market had…
Modern Economic Nonsense — An engineering recession
June 20, 2022
There is a difference between a recession and a slowdown. A recession is when the economy contracts for two straight quarters, not just one. A slowdown happens when the economy grows slower than usual. An engineering recession is when the central bank purposely slows down…
We all knew the economy is going down 👇, and the best thing is you do not have a choice but to go down with it. What if you have an option to choose not to? The financial world is entering an era of digital transformation, driven by advancements in software, data…
The current stock market is backward-looking andpessimistic about the future. The stock market has been the best-selling soap opera in recent years. Every move, every word, and every frown of the economic actors becomes an excuse to move stocks. In this…
The greenback is no longer the world’s reserve currency ⚰️, and this is becoming evident by the day. Emerging economies are moving toward reducing their exposure to the dollar — some are even willing to pay a heavy price. The nations that make up the majority of the…
The cryptocurrency market continued to see red 📉 after the recent sell-off. Bitcoin dropped almost 70% from its all-time high of $69,000 in mid-November, while the overall cryptocurrency market cap shed approximately $1.9 trillion. However, prices are showing signs of…
Modern Economic Nonsense — Invest like a cat
June 15, 2022
Cats 🐱 are probably the most frugal and intelligent mammals on the planet. They know how to stalk, hunt, and catch their prey, how to ration their food supplies, when to conserve energy and cease all unnecessary activity, and when to give up and go home. In short, cats…
Yes, we are in the bear market 🐻, and it is not very good for digital currency traders. However, this is also an opportunity for new investors to enter the market at a lower price 🍻. There is a saying that ‘a crisis is an opportunity in disguise’, and this…
Modern Economic Nonsense — Recession is coming
June 13, 2022
The global economy is a house of cards. The 2008 financial crisis was just the first sign that things were not well. Since then, central banks have been artificially stimulating the global economy through quantitative easing and record-low interest rates to prevent another…