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“Unemployment Is Coming Next!” - Reaction To Economy Projected To Lose 2 million Jobs In 2023


areyentiraidhi

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34 minutes ago, JambaKrantu said:

This is an induced recession and at any point of time it can be controlled by the government by bringing the interest rates down if things are getting out of hand

Only way out is to crash the economy 

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Don’t go by YT man, 2 months of lower CPI they will trigger a bull rally

traders make money either being a bear or bull, ippudu bear cycle ialnti news circulate chesi retail investors ni chutiya chestaru, as long as the fundamentals didn’t change stay course and ignore the noise

 

The whole point of interest rate hikes is freeze growth or reduce wage based inflation (i.e. lower demand )

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enti 2 million unemployment ah....March - May 2020 early pandemic lo 40+ million without jobs...daani mundu 2 million ekkada. Forced recession by govt....but ila cheyyakapothe inflation inka inka peruguthundi.

I'm still seeing many ppl not compromising in anything in terms of luxury....not talking abt super rich ppl, manalanti IT folks and India lo kuda...ppl are still spending on travel, entertainment, luxury items etc etc. inka inflation enduku thagguthundi.

of course middle class and below vallu spending thaggincharemo, but above middle kuda spending koncham thagginchakapothe, market will be inflated 

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28 minutes ago, no01 said:

enti 2 million unemployment ah....March - May 2020 early pandemic lo 40+ million without jobs...daani mundu 2 million ekkada. Forced recession by govt....but ila cheyyakapothe inflation inka inka peruguthundi.

I'm still seeing many ppl not compromising in anything in terms of luxury....not talking abt super rich ppl, manalanti IT folks and India lo kuda...ppl are still spending on travel, entertainment, luxury items etc etc. inka inflation enduku thagguthundi.

of course middle class and below vallu spending thaggincharemo, but above middle kuda spending koncham thagginchakapothe, market will be inflated 

Because jobs aren’t impacted yet. For some (middle class) revenge travel after covid. For some peanuts spending with enormous profits made on stocks and housing . For some spending from free money they received covid giveaway’s. For some double incomes….

Need to wait few more weeks to get things cool down…

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