Latest Posts with recession tag

recession

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Eurozone Out of Recession After 2% Quarterly Economic Growth

1 Aug 2021 1 minute read 0 comments AverageVancouverite

The 19-nation Eurozone's economy grew by about 2% in the second quarter of 2021, taking the region out of recession, though the Eurozone remains about 3% down from late-2019 pre-pandemic figures. Compared to the same quarter a year ago, the latest Gr...

Recession, Depression, Inflation, Stagnation?: Economics Concepts Which Matter

27 Jan 2021 1 minute read 0 comments zadmed

The public is, often, bombarded with, a variety of economic terms, which, often, instead of helping the untrained, better understand, merely confuses them. How often have we heard, terms, such as, recession, depression, inflation, stagnation, etc, bu...

Bitcoin to the Moon but are we looking at a shooting star pattern?

29 Dec 2020 1 minute read 12 comments MikeZillo

From the opening price of December, Bitcoin increased its price of more than 50% to the current ATH, in the 29.000$ area. The bulls are calling 50.000$ but as said before, the triumphal march is unlikely to last forever. On the 27th we have seen firs...

Are We Headed For A Double-Dip Recession?

29 Oct 2020 1 minute read 0 comments faisalhk786

The Global Purchasing Managers Index is a good indicator of the level of economic activity. As the chart below shows, the global PMI plunged for the services and manufacturing sector due to the novel coronavirus pandemic. With the help of expansiona...

What is the difference between a depression and an economic recession?

8 Aug 2020 5 minute read 0 comments Simplify Crypto

Economic crisis is bad for everyone. You may be concerned about losing your job and paying your bills or be alarmed to see your investment funds lose money. Although you have probably heard the terms "recession" and "depression", you may not know wha...

Australia to Enter Recession For the First Time in 29 Years

3 Jun 2020 1 minute read 0 comments AverageVancouverite

With officials figures from the Australian Bureau of Statistics showing that the nation's economy shrank by about 0.3% in the first quarter of 2020 and will also shrink in the second quarter of the year, Australia is set to enter its first economic r...

Curate Bitcoin 04/16/2020 by dobobs

17 Apr 2020 5 minute read 0 comments dobobs

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Bitcoin Price S...

Global Lockdown Can Take Bitcoin Down With It

15 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

The International Monetary Fund (IMF) on April 14 2020 published extended statements on the state of the world’s economy, which has been battered in the wake of the COVID-19 pandemic. The post makes some dire remarks, saying that this is the “worst e...

Bitcoin Could See $3K Again, Says BitMEX CEO

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

BitMEX CEO Arthur Hayes, in an issue of BitMEX’s Crypto Trader Digest published on April 9, said that Bitcoin could “absolutely” touch $3000 - while also saying that he stands by his end of 2020 target of $20,000. Hayes spoke of the change in supply...

South Africa Rand Plunges Into Black Hole

4 Apr 2020 1 minute read 2 comments troynamps

As of now the South African economy is inversely proportional to the Novel Corona Virus. While positive cases and death toll for Covid-19 continue to rise, the South African rand continues to depreciate every day.What do we know?The economy of South...