Coin Bureau, relaying Deutsche Bank: Recession will happen

Said on Apr 11, 2022, at 14:14 in the video.

What was said
Coin Bureau

@coinbureau

“this institution was deutsche bank which now projects the u.s economy will enter a recession sometime next year”
Watch at 14:14Crypto News: Recession Fears, BTC Miami, Elon, Twitter & More!!
PredictionRecessionwill happenby Dec 31, 2023
What happened
Relayed

Attributed to Deutsche Bank — not scored

The window it was checked over

RecessionWindow checkedRecession (NBER)
−0.200.20.40.60.811.2201920202021202120222023Said on Apr 11, 2022
−0.500.511.52019202020222023Said on Apr 11, 2022

NBER-based recession indicator: Federal Reserve Bank of St. Louis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Attributed to Deutsche Bank — not scored

What was said around it

for half an hour about crypto fiat and inflation with the owner of tahini's restaurant while smoking shisha i'll leave a link to the video in the description if you're interested and i'll say it's worth a watch the only thing missing from that conversation was a discussion about what could happen to btc if the world enters a recession and the risk of a recession is starting to become very real while recession has been a hot topic since the pandemic began it wasn't until early last week that the first institution officially sounded the alarm this institution was deutsche bank which now projects the u.s economy will enter a recession sometime next year and this means a recession is on the cards for every other country too late last week a chief investment strategist at the bank of america jumped on the bandwagon and warned the bank's clients to brace for a quote recession shock these institutional warnings are consistent with the sentiment among regular retail with over 80 per cent of americans expecting the recession to begin later this year to put things into perspective there hasn't been a recession since 2008 and this has many investors and consumers nervous since there's an expectation

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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