Chinese banking system on the verge of collapse, developers are bankrupt, housing ponzi unraveling. Worldwide contraction starting or about to start.
ECB seems to be also considering 75% increase....
Recession in EU is imminent
US trying to control inflation, higher chances with hawkish rates increase in september, maybe even oct-nov with 50%
I still expect a bailout for banks in 2023, like always
same unemployment higher than whatever they target next year
inflation still higher than whatever governments target
anyway, so maybe we can expect new low before september 🤔
Congratulations @phoenixgold! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 1250 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!