How to Prepare for a Recession in 2023

Today's videos covers the topic of “What is a recession?”

First of all, it’s important to know what a recession is. Simply put, if the price tag of a country lowers consistently for a certain period of time, there’s a recession. As I did more digging, I saw that this is actually predicted to happen to not only the U.S. but also China, Japan, and South Korea. This includes three of the world’s largest economies. It’s important that every is aware that this is the reality that the world is about to face. It’s important that we all start to do this to prepare for this reality. We should all try to make ourselves as valuable as possible in the workplace so that we are not kicked to the curb. We should start to save knowing that financial hardships are upon us. We should also arm ourselves with information like this so that we are prepared for what’s to come. Share this knowledge with others so that we can all be prepared.

Hope you all learned something 🤍

-CJ