What is a RECESSION ? Recession Incoming : Here's what you need to do to prepare

What is a recession, and how can you prepare for it?

In this video, we'll talk about the basics of a recession, what causes a recession, how to prepare for one coming recession, and how to profit from financial crashes.

A recession is an economic downturn that lasts for more than two quarters. It's typically characterized by falling GDP, rising unemployment and other negative economic indicators. A recession can be caused by a number of factors, including financial crises, natural disasters, or high-interest rates.

The next global recession is just around the corner, and the question on everyone's mind is:

What will happen?
How bad will it be?
And what do I do?

When there's an economic crash or economic crisis like this one, people are looking for answers. They want to know how they can survive an economic recession.
But you can also make huge profits.
In fact, most people will tell you that there's nothing you can do to protect yourself against a recession or financial crisis once it hits.
That's why many people are turning to options like investing in gold or buying real estate overseas as ways to safeguard their money during times of uncertainty.

So what do you need to do if you want to prepare for an economic downturn?
Here are just a few tips:

1) Know your risk tolerance level;
2) Be prepared for the worst;
3) Keep your emergency fund up-to-date;
4) Protect your assets by diversifying them across different asset classes such as stocks and bonds

Want to learn more?
Watch this video till the end!

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🕐 Time Stamp:

00:00 Introduction
00:53 What is a Recession?
01:41 Understanding Recession
03:40 What causes a Recession?
05:35 How to support the Channel? 🤑
05:48 The 2008 Recession
06:44 Stock Market in a Recession
08:40 What to Invest during a Recession?
09:30 How to Prepare for a Recession?
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#recession #financialeducation #recessionproofinvesting
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DISCLAIMER: We are not financial advisers. These videos are for educational and entertainment purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your responsibility.
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