So when do we come out of the recession/depression guys?

I’m only 18 so I didn’t really experience the 2008 crash, being too young and retarded to notice shit. I’m not sure how long these last or how to fix them but is there chance this all sort of blows over by janurary or at the very least the end of next year? I’m okay if the prices right now double for most things, I can live pretty okay still. I just want to know how much I should logically prepare

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Invest in open world RPG since that's as good as life will for most people

18 months minimum.

It’s also possible we can never recover. Eastern Europe never did.

What is the ACTUAL definition of a recession? I’m retarded.

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Negative economic growth delta

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So just the dollar being worth less (inflation) and higher unemployment?

Well how much worse is it likely to get? Like, I can go without baths and heating, but how much will food prices rise?

prepare for the rest of your life, get an AR and a hunting rifle and ammo, and make a white family, learn to grow food, buy land. Recession / depression doesn't matter if you can take care of yourself without civilization.

Sorry didn't see you were in the UK, make a shotgun from hardware store shit.

Sorry senpai, all of the west is fucked for a long time. Like what always happens with a complex civilization collapse, it takes money and man power to uphold. Those who are capable are not reproducing and are being replaced with barbarians. Our politicians have looted the treasury to further their own personal agendas at the cost of the productive tax payers. Now is the decline and the American dream is dead. Hope you are ready to be financially forced into a shoe box where you barely make enough to be able to afford to work. The only escape from this hell is to escape your society. Its the natural cycle of things, its not really anything your could have done to avoid unless you had money to spend to begin with.

The republic has fallen
Long live the empire

>just

Lacks imagination, the post.

>only 18
that must suck lol

I've lived through about 20 recessions or so. Don't stress.

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Don’t get me wrong, I understand the implications and how disastrous it is, but is the definition really that easy to understand?

But to give you actual advice. Make sure you take as much cash as possible out of your bank account. You do not want to be the poor sap waiting in line during the bank runs. Buy physical assets, things that hold their value. Stock up on some none perishable food, as much as you can store. Start a garden if you can and start learning how to fix things. Any fool can plan for success, but only a fool plans for
only success.

>is there chance this all sort of blows over by janurary or at the very least the end of next year
LOL NO WAY
ITS ONLY JUST BEGUN

AND IN TRUTH IT NEEDS TO HAPPEN AND THEY ARE LITERALLY CAUSING IT TO HAPPEN
THEY HAVE DECIDED TO CREATE A GLOBAL RECESSION (TO CURB GLOBAL INFLATION)
SO CENTRAL BANKS ARE USING SHOCK AND AWE INTEREST RATE HIKES TO TRY REESTABLISHING THEIR LOST MARKET CREDIBILITY

BUT THIS CAN GET AWAY FROM THEM VERY QUICKLY
SERVICING COSTS ON SOVEREIGN DEBT RISES SHARPLY CREATING A GLOBAL DEBT CRISIS TRIGGERING EMERGENCY BAILOUTS
BUT SOME OVERLEVERAGED COUNTRIES ARE TOO BIG TO BAIL AND THEIR CONTAGION CAN SINK THE WHOLE SYSTEM

ATTEMPTING A CONTROLLED SHALLOW RECESSION CAN JUST AS EASILY SPIRAL INTO FULL BLOWN GLOBAL DEPRESSION (WOOPS)
BUT THE GOOD NEWS IS WW2 IS WHAT ENDED THE GREAT DEPRESSION
AND THE CYCLE IS COMING UP AGAIN SOON
BEIJING IS GETTING GLASSED IN WW3 CHINA WILL NEVER BE NUMBER WAN

Liquor , much of if ... when times are desperate people need a exit from reality, drugs of various kinds are a option too but legal tangles...
A small stock of the most common medicines cant hurt to have around, multifuel-cooker and good sleeping bag are neat too (if no crisis comes you can still use while camping with buddys, killing all the liqour and drugs)
I dearly hope for you to have good buddys nearby or a big family because loners dont last long... if your a sissy brit with a tight ass post pic and this kraut might just invite you over, been prepping for years ;-)

Well I am stockpiling rice and beans with deliveries each month so that’s something
I feel like I’ve actively been at either a 7 or 8 for the past year. With the only thing keeping me okay is not wanting my mum to be sad if I die or lesving my cats alone
I do have family but they live a while away. If things break down I could just trek over to them but it’d take a few days.