Will there be another recession in 2019?

@amirev777 (4117)
India
December 30, 2018 1:38am CST
Recession as we know is a decline in Gross Domestic Product continuously for 6 months. Is another recession round the corner? What will be the financial implications of the same? How will you prepare yourself for it? Is it best time to sell stocks?
3 people like this
3 responses
@skysnap (20152)
30 Dec 18
Not yet. As of now many big companies are yet to feel the socialism drawbacks as of yet. Let the 1% get hurt by offering "paid menstrual leave", "paid domestic violence leave" and "paid maternity leave" .. more such freeloading they give with reservation in jobs, that is going to scream for upcoming recession and at the same time AI will enter the market. that's the way people are going to lose jobs forever.
1 person likes this
@amirev777 (4117)
• India
30 Dec 18
@skysnap Losing jobs forever - that's the worst part
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@skysnap (20152)
30 Dec 18
@amirev777 Yes the AI is inevitable. and that's one more reason soon many tech jobs are going to be lost.
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@maximax8 (31042)
• United Kingdom
30 Dec 18
I have seen two recessions in my life so far. One was when I bought a little cottage and later on I was made redundant from my job. Then years later there was another recession and I sold my modern house to no more than I had bought it for five years earlier. It did mean that bungalows were costing less and with a mortgage I managed to get a semi detached bungalow. Last year I paid my mortgage off. I think with Brexit it is likely we will have another recession. Good luck in India.
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@amirev777 (4117)
• India
30 Dec 18
@maximax8 Thanks. Yes, let's keep our fingers crossed.
• Bekasi, Indonesia
30 Dec 18
I thought, I didn't understand this, but I was very happy to hear that, because it was good
@amirev777 (4117)
• India
30 Dec 18
@KOLAMsegaran1, Recession is always bad.
1 person likes this
• Bekasi, Indonesia
30 Dec 18
@amirev777 hopefully it will improve sooner
1 person likes this