Stock Up on Bitcoin! US Economy Can Enter Another Recession Soon

Stock Up on Bitcoin! US Economy Can Enter Another Recession Soon

The US economy could be headed for another recession soon. Barely seven years after the last great recession, several economic indicators point to a renewed downturn possible in the near future. According to a report by CNBC, investment is down across the board, including specifically in farm machinery, while transportation sales have stalled. These indicators are usually a good predictor of a recession, and investors look to them when gauging future financial decisions. To make matters worse, Citigroup now predicts that, in the event that Donald Trump wins the presidential election in....


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Economic Recession, Interest Rates and Digital Currency

With the current fiat based economy, no one can escape recession. The threat of recession has been constantly looming over the heads of major economic powers like the United States for over a decade now. Recession is caused by uncontrolled rise in deflation resulting from falling market demand. The fall in demand, if left unchecked can create a domino effect resulting in a massive decline in a nation’s GDP. The Great Recession of 2008-09 is one of the best examples of how a recession can affect not just the governments and big corporations, but individuals as well. Governments and Central....

Deloitte: Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This...

Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs on Recession and US Economy Deloitte, one of the Big Four accounting firms, published the results of its CFO Signals Survey for the third quarter earlier this week. The survey, conducted between Aug. 1 and 15, had the participation of 112 chief financial officers (CFOs) across the U.S., Canada,....

Recession on the Horizon: What Will a Downturn Mean for Bitcoin?

Many experts believe that the US economy is headed into a recession, and that recession will almost certainly become a pressing issue for whoever the next president is (likely Trump or Clinton). Fears about the future recession have sparked a conversation about how the next president, whoever that may be, will handle it. The policy proposals could be....

U.S. Recession Fears Cause Crypto Mining Stocks To Suffer

Bloomberg reported that crypto mining companies’ stocks continued to fall on Monday, following the stock market’s trend on the New York Stock Exchange. The Federal Reserve’s tightening of monetary policy is causing people to worry about the economy, which might lead America into a recession. The fear has hit the crypto market hard. Related Reading […]

Elon Musk: We’re Approaching a Recession but It’s ‘Actually a Good Thing’

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