As a recession threatens to rear its ugly head . . . .
Recession, bear market, crypto winter, hyperinflation, inflation, and stagflation are the common economic and finance terms I encounter these days in the news.
I use my Twitter account to read the day’s top international finance, business, and economic stories and these expressions tell me the present realities people worldwide are facing.
Recession, bear market, crypto winter, hyperinflation, inflation, and stagflation mean something is not right with the global economy and the financial markets.
Moreover, I read many news articles discussing the Lehman Brothers’ collapse that contributed to the financial crisis of 2008.
However, I think if a recession is, indeed, threatening to rear its ugly head this year or the next, it is best for people to “make hay while the sun shines” while they still can.