Why Recessions Happen

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Information Why Recessions Happen

Title	:	Why Recessions Happen
Lasting	:	15.43
Date of publication	:
Views	:	1,4 jt

I was a 5 year old baby during the 08 crash my mom was young as hell I forget how long and she be telling from 2008-2010 she was STRUGGLING especially bc she was a health insurance agent she said Obama care almost made her file for bankruptcy
Comment from : Randy Garcia

I believe a decade or 2 from now we are going to see a slow shift of power and the death of the superpower the big bad bully of the west …we will see the death of the American dollar and the birth of a new gobal financial super power keep an eye on those bricks countries…THERE MAKING BIG MOVES that’s not getting enough attention
Comment from : Randy Garcia

What are the best strategies to protect my portfolio from a crash? I've heard that the market crash will devastate the financial market, so I'm concerned about my $200k portfolio
Comment from : Addilyn Tuffin

Way of explaining 🔥🔥
Comment from : Rawl OP

Incredibly, this video appears to me and it has been 9 months since it was published I think right now we are not in recession, but today the Wholesale Inventories data was published and it was negative I think the recession is around the corner maybe in the first quarter from 2024
Comment from : Innova Entertainment

11:46 Yeah, it's the 9th month now, are we seeing a recession?
Comment from : MOHAMMED

I am actually watching it after 9 Months ❤️
Comment from : Touseef Waqas

11:47 BRO HE KNOWS HOW DOES HE KNOW THAT IM WATCHING THIS IN NINE MONTHS
Comment from : CrispyBacon

Wow I watched in 9 months and still no recession! Crazy right
Comment from : WillingNAbelVids

Recessions are an inherent aspect of the economic cycle, and the key is to get ready and adapt I entered the workforce during a downturn in 2008 My initial job out of college was as an aerial acrobat on cruise ships Presently, I hold the position of VP at a global corporation, own three rental properties, invest in stocks and businesses, operate my own company, and have grown my net worth by $500k in the past four years
Comment from : Clement Russo

Literally watching this 9 months later
Comment from : JUAN THE FATHER

Wow freak when 11:44 when he said "u might be watching this in 9 mnths and we might be already in it" so I had a look, I whole new born had entered the world since this got published my NIECE she was born a week ago my mind blowin
Comment from : te tuhi

explaining recessions as the result of billions of micro-decisions of individuals (consumers and producers), like in 9'17 of the vidoe, doesn't learn us anything about the underlying causes of the system that produce them It's like describing how a pimple comes into being at the surface of one's skin, but not looking for the virus of bacteria that cause the pimples in the first place The unbalanced decisions of the many individuals are symptoms, not causes of a recession
Comment from : FG

He said in 9 months and I checked and its 9 months 😂nice
Comment from : Sandy

ANSWER: CAPITALISM
Comment from : Joshua Gharis

Thank you due the information 🙏 all the best
Comment from : G1 Productions

So, great video overall But I feel like you only really explained the downward spiral that take hold once the economy slows down, but you didn't get into why it is that this happens, and with such regularity It was a really good explanation of how many individuals making microdecisions develops its own logic, but this only really works if there's some common signal that people are reacting to Or if it isn't a common signal, is it just random that suddenly the microdecisions of billions of people, all over the world, suddenly line up to intensify each other? That doesn't seem like a very explanatory model, and that struggles to explain why it happens with such regularity brbrSo I'm wondering what is this initial spark that sets in motion this downward spiral? You mention stuff like interest rate hikes or wars, which also seem like limited explanations Interest rate hikes are a decision made by a powerful financial body, and they likely don't make decisions that affect the entire economy based on nothing So they likely are also changing the interest rates in reaction to some signal So this explanation just moves the decision one step away And wars feel like an unsatisfactory answer as well, since they happen constantly, and nowhere near all of them lead to recessions, and nowhere near all recessions are related to wars or any obvious external cause What made a given war different from other wars, so that it caused a given recession?brbrSo I feel like the video doesn't really answer why recessions happen It is a really good illustration of the self-intensifying logic of a recession, but doesn't really feel satisfactory to me, because it doesn't explain why this downward spiral gets started in the first place It seems like way too regular an occurrence to just be random
Comment from : Mil

I'd loved to see an update video of this, to see what's currently happening in the economy
Comment from : LQ

I really love the economic terminology being used
Comment from : Spartan117

Thanks a lot for all of these explainations!brbrPlus ▪︎ you are super hot while recording the videos 😉❤️
Comment from : Danica

Every crash/collapse brings with it an equivalent market chance if you are very well informed and equipped I've seen folks amass up to $800K amid crisis, and even pull it off easily in an unfavorable economy Unequivocally, the bubble/collapse is getting somebody somewhere rich
Comment from : Julian Maël

Better than my tr jain … Sorry but you can’t be compared with him cause you far too above than him Where you at you can’t even see him for like 100 billion light years
Comment from : Estranged ASMR

You have to spend money!!! Say it louder so cheap ass people stop hoarding it!
Comment from : West Coast

My rich uncle went bankrupt in 2008 recession 🤣😭
Comment from : Console Gamerz

I feel incredibly fortunate for having made wise financial choices that have had a life-altering impact As a single mother residing in Toronto, Canada, I successfully purchased my second home in September If everything continues to progress positively, my aspiration is to retire next year at the age of 50
Comment from : gray williams

The problem here is it completely misses the degrees of relationships these people have with each other, and the sources of where all this other money is coming from Recessions happen as a result of those with the most money being the decision makers and their feelings and decisions primarily with the rest of us who work for them, secondarily The reason line must go up is driven by those who get most of the benefit of line going up Like who are these investors? and why did they have to raise the price of bread all of the sudden? This video is extremely lackluster
Comment from : Jonathan Rogers

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth I’ve heard testimonies of people accruing over $250k this red period What measures can I take to ensure this?
Comment from : Quinn Conor

thanks for this, learnt so much more from this than any textbook
Comment from : Nautilus888

thing about GDP, it rarely translates into well-being and happiness, quite the opposite
Comment from : Techcafe

Can you make a video about negative interest rates Its a hard concept to grasp I think it will be a very interest topic for your audience Thank You
Comment from : Rishab Pathania

15:26 fin
Comment from : ChibiSteak

GDP has never been more clear to me than it is now Thank you Mr Harris
Comment from : Zaghir

Great vid Really love the way you display your videos👍
Comment from : Gustavo Sanchez

Great video!
Comment from : Sophia T

youtube/eyCaXPcDvng
Comment from : allenm7

This graph goes up not because of science per se, but because population exploded, therefore more consumers
Comment from : KatharsisderWelt

This episode helped me to understand the GDP & Recession as simple as possible Thanks for that By the way, It is really worthwhile if you could do a segment on the Capitalism vs Socialism too
Comment from : Chamantha Wickramarathne

We have truly become slaves to our own economy to where if an artificially created number (which doesn’t really represent living standard anymore) starts going down, we stop producing products some of which are life saving, and stop providing said products just because The economy should serve the people, not the other way around
Comment from : The Villager

A recession will inevitably happen in a capitalist economy You require more people to buy more stuff who requires more resources, which would require more planet earths Which is where you can probably see the issue Recessions benefit those on top because a hundred thousand dollars don’t matter as much to them as they would to the average joe, plus they get to buy everything cheap because the demand for buying things is so low Also, define unemployment Politicians and capitalists are very good at massaging numbers
Comment from : The Villager

@johnnyharris I feel a Brexit recession video coming… Take a look at at the inflation / interest hike numbers Is there such thing as a National Recession, localised to one country?
Comment from : Ben Howard

Recession happens due to a simple reason In capitalism, capitalists or the factory owners always aim for more more profit, irrespective of the need of the customer So, they inject money to produce more product, which creates artificial supply abundance, hence less demand This creates a chain reaction and causes recession The only beneficiary of these recessions are the ownersThough their profits reduces, but they do not suffer like common people At the end they create next boom and the cycle goes on
Comment from : Santanu Tripathy

Some economists have projected that both the US and parts of Europe could slip into a recession for a portion of 2023 A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies Essentially the world economy is considered to be in recession if economic growth falls behind population growth
Comment from : Tommy

The background music is realy loud especially thouse bass It makes your voice low
Comment from : Toby

How do we find out how much money a country has to spend each year (our budget)? Or is this the wrong way to look at it?
Comment from : Jordan Bryan

Abinader primera potensia haiti
Comment from : Alanna Michelle paulino

Loved the timed video Your videos are generally too long and repetitive Thanks
Comment from : Cape Town Central

Recession is most likely the result of an external factor For the first time in decades, the United States is losing its clout as a federal reserve currency They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past They all lend support to the idea that a new multilateral world order is in the works
Comment from : Leon Donald

As prices go up like crazy, and they have been, people decide to buy less cause they feel like they're getting ripped off Rent goes up, interest rates go up, more prices go up People spend even less, CAUSE THEY HAVE NO SPENDING MONEY They ask for a raise cause for some reason their company is making records profits As people get raises, they feel like they have spending money again, so they go out and spend again brbrSo as inflation goes up (companies are getting greedy and see other companies raise their prices, so they raise theirs) people spend less So, if they want people to keep spending money, stop artificially raising the inflation rate!!! As the rich hoard their money, they cry to the rest of the population "please spend more money! The economy is hurting" while they don't spend a dime, pay nothing in taxes, pay their employees less, and lay them off brbrWon't someone think of the rich!?! They need help!
Comment from : Racking Frackn Varmint

When did this channel become a government propaganda mouthpiece
Comment from : Carpe Diem

further proof that capitalism just doesnt work
Comment from : mars

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2 objective I'm trying to build a portfolio of at least $850k by the time I'm 60 I need suggestions on what investments to make
Comment from : Dr Laszlo Lee

I teach primarily English to young ESL students of 10-14 years old, but I also teach them other subjects too At the moment I'm teaching them the basics of economics and this video would be absolutely perfect to show them (their English is good enough to follow along) - if only he didn't use that one expletive in the middle of it Especially given that it's unnecessary He could have said 'stuff' instead I know his primary audience isn't this age group, and it's not a particularly strong expletive, but it does make in inappropriate to play in a classroom setting Such a shame
Comment from : Wayne Messenger

I definitely one of those people barely spending unless necessary😢
Comment from : Emelia Feliz

This video is absolutely amazing!!! Why i could not find your channel earlier, please keep creating such an amazing videos!!!
Comment from : Hrach Davtyan

ъЪ
Comment from : DKC

I love your content ❤
Comment from : Abdalla Gubara

I'm wondered to see that noone talking the fact that Britain looted africa , India More than trillion and grew Now can't survive without colonies A parasitic county England
Comment from : A A

Engagement engagement engagement
Comment from : Sparky Minor

Very nice explanation "How The Economic Machine Works" by Ray Dalio on YT also has a fantastic explanation This helped me understand our capitalistic cycle at the fundamental level
Comment from : the_real_cookiez

👏🏻👏🏻👏🏻👏🏻
Comment from : Cesar Ahn

I just wanted to point out that recessions don't happen "just cuz" They happen because the bankers, namely the federal reserve bankers, decide every few years to raise the interest rates on government issued bonds which causes the chain effect of a recession
Comment from : Sam peter

Admittedly I'm not a professor of economics but having been through 2008 as an adult and now experiencing 2023, I feel that the government set a tone that even if banks where irresponsible with their investments and loans if the bank was big enough it would get bailed out Now we see an insane amount of investment firms buying up all the real estate and I can't help but think they're over investing with the hope that taxpayers will bail them out again when the chickens come home to roost But that's just me
Comment from : danikeir

If that keeps happening for the past hundreds of years every couple years why not create a system that works without recessions every couple of years? Find a better system?
Comment from : Kendall X

If people can understand alot in the future,humans will evolve to be really smart,because if every1 can understand the graph,we can make crazy stuff
Comment from : soccerandtrack10

Why is the landlord black?
Comment from : Loren Ivković

Inflation
Comment from : Saurabh Yadav

Economy shouldn't be a priority anymore because the definition of economy has changed The focus should be the life standard - providing people with quality education, healthcare, housing, food; building a healthy environment for the children & next generation and make it easier for parents to have at least 2-3 children to keep the population stable The problem is not capitalism; the problem is consumerism
Comment from : Abhijeet Kundu

Johnny, the UK and England are not one and the same Get your basic terminology right
Comment from : Sam

Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly I graduated into a slump (2009) My first job after graduating from college was as an aerial acrobat on cruise ships Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years
Comment from : Kayla Wood

Thanks, for your video it's very interesting I got a lot from it
Comment from : Oleg Serbokryl

I like the way u say a fatty put myself in a scale freakies
Comment from : Aura Lila Orozco montiel Orozco montiel

😅oh prince ur gonna make m cry
Comment from : Aura Lila Orozco montiel Orozco montiel

Out of all the "what is a recession" videos out there and trust me there are a lot, this is by far the best most straightforward and most easily understood video I've come across tbh Thanks!
Comment from : changu sakala

Awesome video!
Comment from : Luis Allamand

It's stagnation
Comment from : Kalpesh Sejpal

I loved the animation in the video! And I can say I am feeling the recession especially with buying food, the prices is going up, along with rent I live with my family, post college grad but so far no luck finding a job, only gigs It's pretty rough But I hope things will get better soon
Comment from : Paola Animator

Thank you so much for your videos, I have learned so much and always look forward to watching!
Comment from : Brie Elizabeth

You really have a thing for bread lol great video!
Comment from : LaShon

This explanation was shallow Idiots could watch this episode and think they understand, but if you asked people right after they watched the video what caused demand to decrease, or commodities to increase, or interest rates, to increase, they couldn't actually extract a good answer from this video, even though that answer is the most important one
Comment from : Herb Sewell

I’ve been with nebula since they partnered with curiosity stream - but I don’t use either because I find it quite difficult to ‘find anything’ I guess it’s a lack of algorithm? But everything that comes up when I browse (that also somehow seems like only a dozen things totals is nothing that I’m interested in One day I want to dig in and try to actively hunt people who’ve said they’re there but clearly it’s not a priority
Comment from : DeadDancers

Bankers that is the reason To take hard working money
Comment from : Best Personal care

You feel dangerous
Comment from : Your Expat Investor

I've just signed up for Nebula! Love your work mate
Comment from : Eduardo Knoch

5:42 this is definitely a copyright-void recreation of madonna's like a virgin
Comment from : Albeit_Jordan

1:01 "this number is called the gross domestic product"brbrMy mum used to call me a gross domestic product
Comment from : Albeit_Jordan

Also, is this nebula offer over? I just tried and I didn't get a nebula email after signing up for curiosity stream with your code
Comment from : Megan Wannemacher

just want to share that the countdown timer in the top corner causes me anxiety when watching your videos
Comment from : Megan Wannemacher