The only thing you can do is make sure you're ready and plan accordingly because recessions are a natural part of the economic cycle. I began my career during a recession (2009). Aerial acrobatics on cruise ships was my first job out of college. I've developed my own business, am a vice president at a large corporation, own three rental homes, invest in stocks and businesses, and have seen a growth in my net worth of two million dollars over the past four years.

In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.

Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.

Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stock and oil trading, it seems that a new multilateral world order is on the horizon.

Our time had reached its zenith, and it is now over. Everything not just FTX, Stock including 401Ks, are suffering from the recession and crashes. My $750K retirement equity portfolio is losing money. Because of inflation, I keep losing. Similar to how Rome fell under its despotic emperors, this world will also. I apologize if you are considering retirement but are concerned that your pension won't cover the rising expense of living. There are terrible foreign policies worldwide, as well as disastrous regulatory, fiscal, and energy policies.

To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money averaging about $2 million was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing.

Maybe start treating big companies like smaller businesses. Let them go bankrupt. Others will eventually take their place.

I've come to realize as an investor that instead of letting my money sit idle in my savings account it is more productive to invest the little available and build a portfolio from the accumulated profit of investment

Let me get this straight, there is no Energy Shortage, there is no Food Production Shortage, no Industrial output issues. It appears to me that these issues we are facing are systemic and a reflection of this system we continually support. Every 7 to 9 years we have major issues. The system is broken and seems to be we are in a continual maintenance mode. If I was in a relationship like this I'd be looking for a new one.

It's over, we have known the apogee of our time. The corrupt government will overthrow this country like Rome did. My condolences to anyone approaching retirement, you may be wondering if your retirement capital is sufficient to meet the rising cost of living. Bad energy policy, bad foreign policy, bad regulatory policy and insane tax policy

A population can be employed and still be poor, I hate the way they try to frame employment rates in the US where wages dont keep up with rising cost of living. There are the "working homeless". Work 40 hours a week but cant afford rent or a house.

The fact that in this highly advanced world we still measure the worlds economic progress in terms "yay growth" and "noo recession" gives you an idea of how entrenched modern economic theories are in their positions.

"struggle to hire workers" If they offer a "competitive" 2014 salary in november 2022, no wonder they do "high inflation is a challenge for ̶a̶l̶l̶ ̶o̶f̶ ̶u̶s̶ poor people" If food, heating, loan/ rent etc. takes 10% of one's salary and now due to inflation it takes 20% instead, it's not a problem. If it took 50% (or more) and now 100%, suddenly you have to make choices if you gonna heat your home or eat.

It just feels like we've been bouncing from crisis to crisis for so long I can't remember a time before . You are incorrect about the '08 crisis . The inciting incedent was NOT people defaulting on loans . It was derivatives fraudulently overvalued (under risked) held by over leveraged investors being discovered . (edit:) It was the investors who were irresponsible . The homeowners may or may not have been .

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

Why is it never mentioned in mainstream media that Oil&gas and Grocery companies are making record profits? If there are rising prices in these industries, but they're making money hand over fist, that part of the economy is not experiencing inflation. The banks do not have tools to respond to these particular issues, but governments do and few are doing anything about it.

I live in the city but have a small poultry farm, 25 cows and small biofloc fish farming set-up at my grandfather's village. Exactly 3 years ago i only had poultry farm. I am not afraid of recession at all.✌️

Greed is ruining our world. The usual... the few, screwing the many.

"This time is different" - No recession has ever been the same.

The 'economists' say that unemployment is the "lowest" in a long time. But all we read and hear about are mass sackings by Amazon, Meta, Twitter, etc, and not much about hirings. Oh, maybe more folks are washing cars, waiting at tables, flipping burgers.. But car sales are down and people eat out less...

I think people are more depressed and lonely than likely any other time in history. Isolation got worse after quarantine but it’s a bigger problem than that. If I had a family to provide for, I would have an easier time motivating myself to go on living and working as hard as I can. As it is, I can work hard in hopes for more money, but there is no guarantee that working harder will even be rewarded and even saving money feels bad when most investments are losing value this year. Also the goal of money is to one day no longer need to work, so if that doesn’t feel likely or possible via saving then it feels like we’re just modern slaves (not blaming specific employers, but the whole economic system). The constant reminder that our efforts might be wiped out by nuclear war doesn’t help either. The economy can’t thrive on a population this demoralized and sad.

And when everything crumbles, only big business will be bailed out.

Fragility of global supply chains was always apparent.. But neither business bosses nor politicians are strongly incentivised for long-term thinking and planning....

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

the only reason we are addicted to constant growth is rapacious greed, population and economies cannot continue to grow forever

We have no one to blame for these crisis but ourselves: We elect a bunch of incompetent politicians who only focus ideology and interest of the big corporation the party and the rich. Sanctioning, trade and chip wars are all hurting our cost of living , disrupting supply chains ,energy and food.

All this is compounded by the fact that wealth inequality in almost every country is at its all time high and hence this is creating a highly divided society with almost two different realities. Reminds me of how 21st century tech dystopia's are imagined in fiction.

Great summary and informative, such that the lay person can understand.

The thing not mentioned here, and elsewhere in the media in the US is that most (jobs ) are part time , low wage thats why (We are Hiring signs are always up.) Funny thats always missing.

Great work 👏 a very clear explanation 👏

Explanations crystal clear! Thank you for the video

Great reporting. Thank you Marie Sina.

Suggestion: Tell Corporations being less greedy for a while and reduce profit margin for a better tomorrow. Workforce costs are only 7.9% per workunit but 59% are profits. And if they don't force them by legislation and/or higher taxes and distribute the tax-money back to the people to offset inflation.

It's almost like the entire global economy is fundamentally unsustainable. If only this sort of thing could've been predicted...

Before economic crises occurred every 30 years. Then they happened once a decade. Now they occur once every two years.

Informative, thank you.

Every time central banks created an investment bubble it eventually bursted into their face. Instead of admitting mistakes they always just reinflate a bigger bubble. This is the second biggest bubble they can inflate - bond bubble (Bonds are trash). A bigger one is only currency bubble, which leads to hyperinflation like in Venezuela. Major central banks will soon face a decision between economy and price stability.

at 20:24 "standing up for democracy" and then laughing 🤣🤣🤣👍❤❤❤ it's priceless

Nice, another once in a lifetime event. As a millenial, it is the 4th or 5th? Something like that. Honestly I have a feeling that we are in a constant crisis, and this let me beleive the system is just flawd in its core.

This hurts poor people not wealthy people!!!!…..100% of them have resources and positioned themselves very well because they can afford too!!!

Big fan of DW News' reporting and especially your UKposts hook guy

As the results of the 2008 financial crisis, I took a teaching job in Guangzhou china from 2009-2013. There was no recession during the period in China, the rich were spending like no tomorrow. The pay isn't great but every quarter, we had a week off. I traveled all over China, Italy, Greece, France because the flights from Hong Kong were reasonable. I stayed in hostels to keep my budget low. Foreign workers can only transfer out of the country with maximum of $500/day. This is to keep the local economy going. Recent policy has changed, private tuitiors are not allowed anymore, I guess private tuitiors/ schools can't operate anymore. I'm glad I'm out of china, zero COVID for 3 years can break down mental health and the economy. Now we just have to survive 2022/23 recession, cut everything that is no- essential. I was at a job fair 2 days ago, a lady still wants to pursue her cosmetology ambition. I tried to hint that people are trying to spend on essential things, rent, food, heating bills, getting a facial is non essential...

awesome episode!

Informative, well-presented and on point. Thank you, I really enjoyed watching!

Well done. Very informative!

There is one element I miss and that is that prices of non scarce goods are also increasing. It is also companies hicking prices to increase profit, which of course is good for their growth... but in the end this extra money ends up in the pockets of the rich. Profit margins are the highest ever. At the same time salaries are stagnant. When considering inflation it is actually a pay cut. The rich are getting richer and everyone else gets poorer, and products are getting cheaper and shittier. I just wish it became more the norm that wealth should be distributed more evenly and that we change the economic system from a capitalism based into something a bit more social. Who cares how high economic growth is, when everybody is better off. Well I guess the rich won'l like it :P

Great content. Shed some light

Great program!

I appreciate this perspective and reporting so much! Please continue to make this series!

Unemployment is low due to the number of people working multiple jobs... and still struggling to make ends meet

excellent report , thank you

hats off to you Marie

You can't just print money out of thin air and expect good things to happen. lol

I can understand that there are many factors today, but isn’t the elephant in the room the fact that printing money was how the bail outs and the cost of covid were paid for and the consequence is now hyperinflation? I wonder why nobody seems to mention or provide some analysis on the impact this has had or am I oversimplifying it (I.e. More money in circulation = higher cost of goods)?

That was very informative 🤔

Hope it all works out.

3:00 Comparing to 2021 growth is deceptive. 2021's GDP grew relative to 2020's because 2020 was an unusual year of lockdowns. I would look at trends as far back as 2015 to get recent trends, or 1980 for longer term trends.

Yes, I agree

Excellent reporting.

Trillions of dollars printed to protect companies from the pandemic is not mentioned as a source of inflation but fighting for democracy is. Quite the take

@DW News.👍 Thank You! This episode was Very enlightening. We're all feeling the pain, but ordinary people also need to understand how this pain came about, and how to prepare for the future. The Presenter was very good at explaining complex economic systems and helped me understand the economic mechanisms that play a big role in normal people's lives.

Pretty good and concise.

Nice presentation DW..here in my country philippines, prices on commodities are going crazy.

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stoc,ks, Gold, silver and digital currencies.

It's normal. Nothing can increase eternally. We have been too spoiled and now we see no solution. All we have to do is adapt and stop unproductive complaining. Times have been bad in the past. Millions have perished and have had miserable lives. We're still here.

Can't lie, I'm kind of loving 20:54 with the trainers moving slowly in the wind.

Good content, thank you

Excellent presentation. The agricultural component is also complicated by drought in Europe, China, the American California Central Valley and the Great Plains and the developing drought in South America.

I wish this piece went into who stands to benefit from global inflation, and why that matters.

Very nicely said

you have glossed over the problems completely! you are leaving OUT the most important factors

I’m definitely feeling it the past 2 years I had money put away and I was able to go on vacation twice in Florida and kept saving, now is like I’m eating away my savings by monthly expenses even when I cut down a lot of things 4000 is my monthly expenses and I can’t even afford half no money left for anything instead missing money to cover my expenses is becoming to much feels like things are going to get a lil worse before they get better

My mom and I make huge profit on our investment with Mrs Erin mary clancy her set skills are amazing

Russia was an extremely reliable energy supplier until the US and the UK told Europe to stop buying energy from Russia. It clearly shows how these countries are cliant states of the US..and surprisingly the UK.

Very informative

I'm curious about those GDP growth figures from 2021 being so much higher (3:05 in the video). This video also mentioned that there is no shortage of "cash" - Question: Want about the crypto movement? Is that playing a roll and impacting this situation? I found it interesting that it wasn't mentioned at all. Crypto certainly reminds me of all those "bad loans" from the last recession.

One of the problem that countries are facing is US exporting their inflation through higher US dollar as most trades in the world are settled in US dollar. It is possible to see more countries starting to adopt other currencies as part of their trade settlements in coming future.

Thanks for this interesting and useful information. I like watching this channel.

Excellent video...

The fun part is, the spark for every recession is different, but they always function the same. Corporations make tremendous errors, Governments steal from the people, and the people suffer on both fronts. After time and great effort, a new "normal" is reached whereby the wealth of the people is definitively reduced.

one option always in front of us, make agriculture easy while change mindset to live a farmer's life

Am not worried. Hardly notice any problems at all. Am sitting back collecting dividends, interest, labor money, ip revenue etc.

Good,a balanced analysis

Government budgets were not squeezed. Austerity was not their only option. It was the one that worked for them.

The Job market in the US may look good, but what is the _quality_ of those Jobs? If that Job doesn't pay enough for even essentials, then the Job Market isn't as rosy as it looks.

Good video. Consolidated problem statement.

great report - looks like a mess is here...

The US is already in a technical recession of 2 consecutive negative GRP growth. It appears that the tight labour market is bolstering the impact of high inflation, which is inevitable due to supply chain constrains and high demand. Developed markets are generally still in a good shape so long as employment remains healthy. However, the service economy has signs of slowing down. We must ensure that productivity in the economy is directed towards increasing food and energy security in order to mitigate the cost of living crisis. This is a global issue of paramount importance.

If the inflation is caused by lack of product, raising interest rate don't help, on contrary they stop investment. In '90 in Romania we had same problem few products and they increased interested rate, it was 30% minimum. They didn't solve anything

My husband and I have put a stop to any frivolous spending we no longer will go on a vacation, we very rarely go out to eat at a sit-down restaurant maybe three times a year. We use coupons for takeout, we buy the cheapest candles at Dollar tree for a dollar 29, we put our heat down to 64° before we leave the house every day. We don't use lights unless we have to. We are done with the consumerism we will not be exchanging gifts for Christmas or birthdays or anniversaries we will be paying off our debts and that is it that is the goal nothing else nothing new. We will shop at the Goodwill if we have to have something or a thrift store and get it cheap.

What a revelation! Stop printing money out of thin air... GENIUSES

Another crisis in our extremely flawed and increasingly outdated econoimc system. How many collapses should we go through until we realize that a steam age logistics system has become obsolete? The longer we treat capitalism as a religion we cannot criticize, let alone inventing a better alternative to replace it, the more catastrophes we will go through. Especially as we enter an era of globalized economics, fast travel, digital distribution and replication of information/media, advanced automation, biotechnology, 3D printing, etc. And that's before we take into account a potential transhumanist technological revolution that would be outright catastrophic if implemented/managed in a capitalist for-profit system.

It makes you wonder whether it's a real recession or just a cluster of shortages.

Fortunes are built in the down market and accumulated in the up market. Dot-com bust, Great Recession, and now the "speculative asset" bubble, we're all the same: a great time for builders to build. I've sold a few houses in the Tampa area for pretty good money and am considering just leaving it in stock while waiting for a house crash and also avoiding inflation, but is this really a good time to buy stocks? to buy? I've heard it's a madhouse right now and I've heard a colleague of mine talk about making over $600,000 in profits and I'd like to know how.

Interesting choice to pick the RAW Gelände in Berlin for the DW journalist :D

Très bonne information

The tech industry has laid off thens of thousands from Facebook, to Twitter, and Disney to Microsoft.

I think, that all said in the video can be fit in two words - human degradation. There are no values anymore, no human relationships. It's all around the money. But money shouldn't be the center. And of course the situation proves it... people don't have the will to do anything, or just prefer to go down the drain... it's sad but that's life. When people are less - the value is bigger