Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,148,706 members, 7,802,100 topics. Date: Friday, 19 April 2024 at 09:13 AM

US Enters Technical Recession After Two Consecutive Negative Growths - Foreign Affairs (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / US Enters Technical Recession After Two Consecutive Negative Growths (27335 Views)

Russian Warship Carrying Hypersonic Nuclear Bombs Enters U.S Mainland (Photos) / Thomas Schäfe Commits Suicide Over Recession Caused By Coronavirus / South Africa Slips Into Technical Recession As GDP Drops 0.7% In Q2 (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (11) (Reply) (Go Down)

Re: US Enters Technical Recession After Two Consecutive Negative Growths by dfrost: 5:33pm On Jul 28, 2022
cheesy

International breakfast
Re: US Enters Technical Recession After Two Consecutive Negative Growths by jimetagambo: 5:33pm On Jul 28, 2022
bennybuhari:
Technical recession yet the dollars is very strong worldwide, even higher than Euro
Don't mind the them
Re: US Enters Technical Recession After Two Consecutive Negative Growths by Stronghold91: 5:33pm On Jul 28, 2022
glory glory glory putin of
the universe
Re: US Enters Technical Recession After Two Consecutive Negative Growths by dfrost: 5:34pm On Jul 28, 2022
bennybuhari:
Technical recession yet the dollars is very strong worldwide, even higher than Euro

They recently adjusted their rates. I guess that might be one of the reasons for the rise. Probably undecided
Re: US Enters Technical Recession After Two Consecutive Negative Growths by Amodi470(m): 5:34pm On Jul 28, 2022
Na Buhari cause am..
Re: US Enters Technical Recession After Two Consecutive Negative Growths by dfrost: 5:35pm On Jul 28, 2022
Angelfrost:
Buhari and his cabinet will vibe to this news!

How dare anyone complain of hardship in Nigeria when America is in recession! cool

cheesy grin

Re: US Enters Technical Recession After Two Consecutive Negative Growths by 007Marvel(m): 5:38pm On Jul 28, 2022
Incase you don't know, China and Russia are in a real shit compared to the united states! Don't be silly be updated! China's whole banking sector is in real shit! And that accounts to a great percent of their GDP. Don't even start with their real estate!

Re: US Enters Technical Recession After Two Consecutive Negative Growths by Udoboss(m): 5:38pm On Jul 28, 2022
Angelfrost:
Buhari and his cabinet will vibe to this news!

How dare anyone complain of hardship in Nigeria when America is in recession! cool


Lol....I'm waiting for Lai Mohammed to use this line
Re: US Enters Technical Recession After Two Consecutive Negative Growths by blamingthedevil: 5:39pm On Jul 28, 2022
Recession is a cycle

1 Like

Re: US Enters Technical Recession After Two Consecutive Negative Growths by OriginalZombiE: 5:39pm On Jul 28, 2022
jimetagambo:
Though this started from the Trump era when he bullied the Federal reserve to start cutting interest rates, but it has not been declared a recession yet by Republican appointed Federal reserve chair Jerome Powell and the NBER that determines recession in the US. This is because of low unemployment rate and strong economic outputs.

Of course, everything is Trump's fault. cheesy

8 Likes

Re: US Enters Technical Recession After Two Consecutive Negative Growths by jimetagambo: 5:40pm On Jul 28, 2022
Brendaniel:


Oga, leave that thing, Biden is causing problems all over the world causing wars and hatred, while Trump was busy solving problems and you expect American economy not to suffer, We warned them against electing Biden they didn't listen...

They hated Trump because he was not an easy push over who bends for liberals - That was his major offense to most Americans...

Which Republican president ever bent to the Democrats? List them.

And Trump is mostly hated by his fellow Republicans.
Re: US Enters Technical Recession After Two Consecutive Negative Growths by alabo1: 5:40pm On Jul 28, 2022
jimetagambo:

Don't get it twisted. Russia is struggling under the effects of sanctions, but the US economy keeps adding jobs and economic indictators are strong.

Keep believing these western tales. Russia IS FLOURISHING. IN FACT THIS CRISIS MARKS THE BEGINNING OF THE THE END OF THE AMERICAN HEGEMONY. THOSE WHO KNOW KNOW

12 Likes

Re: US Enters Technical Recession After Two Consecutive Negative Growths by goldust777: 5:40pm On Jul 28, 2022
Yet dollar is $1 to 710 naira APC and buhari are scammers and rogues Nigeria as an oil production country when crude oil prices are high should be enjoying the rise in oil prices due to Russia Ukraine war instead Nigeria is being looted massively before APC gets voted out 2023
Re: US Enters Technical Recession After Two Consecutive Negative Growths by jimetagambo: 5:41pm On Jul 28, 2022
OriginalZombiE:


Of course, everything is Trump's fault. cheesy
Of course. He is America's dumbest president cheesy

Imagine what his fellow Republicans he appointed called him. They said all this to his face and not behind his back oooo grin

Re: US Enters Technical Recession After Two Consecutive Negative Growths by Khaysee: 5:42pm On Jul 28, 2022
Lot of countries are feeling the heat .
..jeans all sizes 7k
Re: US Enters Technical Recession After Two Consecutive Negative Growths by Eriokanmi: 5:42pm On Jul 28, 2022
VeryWickedMan:
Lol
While Russia is flourishing
How? Check the value of their currency and their economic situation right now. They've eaten their humble pie in their policy of ruple purchases of their gas by EU. A few days ago, they resumed sale of gas in Euro and usd due to their bad economic condition.

Nigeria's case is such a sorry one. How they allowed investors in the oil and gas sector to leave Nigeria is still baffling. That sector would have been flourishing by now.

Vote out bad government. Vote Obi

2 Likes

Re: US Enters Technical Recession After Two Consecutive Negative Growths by ofiko123(m): 5:43pm On Jul 28, 2022
Let the will of the lord be done, that is all..
Re: US Enters Technical Recession After Two Consecutive Negative Growths by ponziponzi(m): 5:43pm On Jul 28, 2022
jimetagambo:

Don't mind the them

Don't gaslight us. Which one is "technical recession" again? Recession is recession. Two negative Quarters is recession.

3 Likes

Re: US Enters Technical Recession After Two Consecutive Negative Growths by jimetagambo: 5:43pm On Jul 28, 2022
ponziponzi:


Don't gaslight us. Which one is "technical recession" again? Recession is recession. Two negative Quarters is recession.
Go and argue with the NBER that hasn't yet called a recession or the Federal reserve chairman appointed by The republicans that has refused to call a recession. Because only one of the recession metrics have been met grin

There is a reason the OP put technical in his post. Trying to gaslight and play with the emotions of low IQ people.

2 Likes

Re: US Enters Technical Recession After Two Consecutive Negative Growths by ufotunang: 5:44pm On Jul 28, 2022
Buhari and lie Mohammed will give excuse that USA economy is down , that they are in recession that Nigerians should not complain of bad economy..... that USA economy is also bad that the bad economy it's everywhere now
Re: US Enters Technical Recession After Two Consecutive Negative Growths by Bizibi(m): 5:44pm On Jul 28, 2022
Excuses gang where are thou??
Re: US Enters Technical Recession After Two Consecutive Negative Growths by ponziponzi(m): 5:46pm On Jul 28, 2022
bennybuhari:
Technical recession yet the dollars is very strong worldwide, even higher than Euro

A strong dollar is not necessary a good thing, especially for the US companies.

Read this: Strong dollar wipes billions off US corporate earnings -https://www.ft.com/content/6d06181f-d0e0-4c5a-bcfd-8bda44cc31a2

1 Like

Re: US Enters Technical Recession After Two Consecutive Negative Growths by Winning123: 5:46pm On Jul 28, 2022
Mumu. How is he doing that.


Brendaniel:


Oga, leave that thing, Biden is causing problems all over the world causing wars and hatred, while Trump was busy solving problems and you expect American economy not to suffer, We warned them against electing Biden they didn't listen...

They hated Trump because he was not an easy push over who bends for liberals - That was his major offense to most Americans...
Re: US Enters Technical Recession After Two Consecutive Negative Growths by TruthSocialAPP: 5:46pm On Jul 28, 2022
Make US no broke oo. E get why grin
Re: US Enters Technical Recession After Two Consecutive Negative Growths by jimetagambo: 5:47pm On Jul 28, 2022
TruthSocialAPP:
Make US no broke oo. E get why grin
US that just dashed Nigerian millions of dollars just yesterday grin

1 Like

Re: US Enters Technical Recession After Two Consecutive Negative Growths by Drenimarcus(m): 5:47pm On Jul 28, 2022
Any sane person living in the US knows the US is in recession. This just makes it official. Ibime how far?

1 Like

Re: US Enters Technical Recession After Two Consecutive Negative Growths by RepoMan007: 5:48pm On Jul 28, 2022
The dollar was reported to equal Euro. That means it gained strength. Wonderful.
Re: US Enters Technical Recession After Two Consecutive Negative Growths by juman(m): 5:48pm On Jul 28, 2022
America shot itself in the leg with ukraine war.

1 Like

Re: US Enters Technical Recession After Two Consecutive Negative Growths by Nobody: 5:49pm On Jul 28, 2022
An analyst said US economy is almost in recession in June this year but I wonder US dollars why US dollars started gaining momentum over other major currencies of the world.

I think this recession is all over the world but we should thank God that subsidy whether scam or not is still suppressing the inflation rate in Nigeria

2 Likes

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (11) (Reply)

Obama's Limousine Breaks Down In Israel / EUROPE IN CRISIS: Anti-lockdown Protesters Clash With Cops (Pics, Video) / EU, UK Agree On Brexit Deal (Photos)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.