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Nairaland Forum / Nairaland / General / Business / Worldwide Recession Is Coming. Are You Ready? (249 Views)
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Worldwide Recession Is Coming. Are You Ready? by DZTech: 12:15pm On Aug 15, 2019 |
UPDATE- 1. Property prices are falling. It's A buyers' market, economic slowdown, budget unimplemented. 2. It appears that work on dangote refinery will extend till 2021 (Reuters). Meaning the anticipated economic effects will take even longer to start. 3. NLC might go on strike this/next week due to minimum wage fallout. The threat means the NSE will likely be hammered this week. Meaning the current 13% YTD (year to date) loss- which is now lowest in the past w years- worsens. 4. Analysts are predicting a worldwide recession this year. US/China trade war is d primary reason. 5. Oil is now below our budget benchmark, and still dropping. Meaning all govt levels now have less money to spend. My take: Cut your spending to a very lean amount. Find ways to put all your assets to use while riding out d downturn. Start a side hustle THIS WEEKEND. If you're unemployed, start a N1,000 trade. you've been warned. lalasticlala, mynd44, seun how will u cope? share ur ideas. 2 Likes 1 Share |
Re: Worldwide Recession Is Coming. Are You Ready? by Zanotty(m): 12:29pm On Aug 15, 2019 |
Y una no just fit predict beta tins for dis country sef |
Re: Worldwide Recession Is Coming. Are You Ready? by DZTech: 10:01am On Aug 16, 2019 |
Zanotty:to b 4warned is to b 4armed. |
Re: Worldwide Recession Is Coming. Are You Ready? by DZTech: 2:56pm On Aug 17, 2019 |
DZTech:lalasticlala, seun- I suggest FP, cos those caught unaware will definitely be d majority. and their plight will affect ur business. so d warning is 4 u too. |
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