RE: Hitting Rock Bottom
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economic recession is most probably going to hit us in the next decade or so before, as my assumption is right. Its something which depends so many other factors, and people struggling with their basic needs somewhere is a big sign of it.
Those who cling to long term investment, even its small enough as pennies and cents, but ideally when we fall into crisis, these amounts are more likely ti save us in right times. Crypto assets are like that, an emergency medicine when other drugs fail to cure.
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Not the next decade as it is going to hit now within the next 6 months. The world economy is in bad shape and we are all going to feel the pain.
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So true and when I roll my eyes towards the countries like Pakistan, Sri-lanka, I become so frightened to see that how common people survive in those conditions, when statistically noting that their foreign exchange currency reserve falls down to zero, and no such money literally left to choose for buying foreign items, such as food, medicine,clothing, fuels etc.
I would expect to turn things again, as I would pray that, just a years ago we recovered from lethal shots like the covid catastrophe, and that made economic stagflation so tremendously, another such level disasters would literally cripple us. May God bless us all, 😮..