ilmscore | Prediction Details
"millions of people would lose their jobs and millions more would lose most of their net worth to put things into perspective the last two Global recessions specifically 2009 and 2020 caused Market to Fall by 50% and 30% respectively and in retrospect the only reason Market fell by 30% in 2020 was because governments and central banks around the world stepped in with insane amounts of monetary stimulus it's safe to assume that the same thing would happen again if we were to see a global recession today and it's easy to forget the Pandora's Box that was opened during the pandemic it was the first time that governments sent money directly to Consumers you can bet that they will use this tactic again to revive the markets and the economy if either or both start to go into cardiac arrest"
By Coin Bureau | March 16, 2025 | Pending
From video
Why Markets Could Crash Again: Global Recession Risks Explained 00:19:39 - 00:20:28
Interpreted Prediction
A global recession would result in millions losing jobs and net worth. In the event of another recession, governments are likely to repeat pandemic-era tactics of direct consumer stimulus to revive markets and the economy.

Prediction Details

Topic
Global Recession Impact

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