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Why Recessions Happen 

Johnny Harris
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You can watch all my videos a week early and ad-free for around $2.50 per month on Nebula. go.nebula.tv/johnnyharris
You’re going to hear the word “recession” a lot in the coming months. In this video I want to explain what recessions are and why they happen.
Check out all my sources for this video here: docs.google.com/document/d/1J...
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Johnny Harris is an Emmy-winning journalist. He currently is based in Washington, DC, reporting on interesting trends and stories domestically and around the globe. Johnny's visual style blends motion graphics with cinematic videography to create content that explains complex issues in relatable ways.
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13 дек 2022

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Комментарии : 3,1 тыс.   
@Mrshuster
@Mrshuster 17 дней назад
This 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.
@Peterl4290
@Peterl4290 17 дней назад
Let's face it, increasing stock and index fund purchases during downturns and bear markets is unnerving. Which makes it very difficult for most people, like me, to do. It's challenging to incur the risk of investing the $1 million I have in an S&S.
@larrypaul-cw9nk
@larrypaul-cw9nk 17 дней назад
That is correct. For the past 23 months, I've been in daily contact with a financial advisor. The difficult part of investing these days is determining when to sell or hold a company when it is trending. My supervisor can advise me on points of entry and exit in the sectors in which I am now active. I can't say I'm sorry because my profits increased by 63% in the third quarter of 2022.
@sabastinenoah
@sabastinenoah 17 дней назад
I've been considering taking that path. I've kept a lot of stocks, but they're starting to depreciate, and I'm not sure if I should stick onto them or sell them. I believe restructuring my portfolio would be facilitated by engaging your investing coach.
@larrypaul-cw9nk
@larrypaul-cw9nk 17 дней назад
Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
@sabastinenoah
@sabastinenoah 17 дней назад
Thank you for sharing. it was easy to find her, then I scheduled a phone call with her. She seems proficient considering her résumé.
@aulex4822
@aulex4822 Год назад
I’m a 500 year old Golden Retriever from Africa and don’t follow the economy anymore, but man do I love to pop back and watch these videos! Great stuff.
@highbred
@highbred Год назад
xD
@SUDMONEYBAGS
@SUDMONEYBAGS Год назад
Hello 500 year old godlen retriever
@KyleNamiteVlogs
@KyleNamiteVlogs Год назад
💀💀💀💀💀
@thsimpsonsguy
@thsimpsonsguy Год назад
I was about to say you were lying, then I saw your profile picture of yourself. Im glad I didnt embarass myself pewww
@muchannel8959
@muchannel8959 Год назад
@Don't read profile photo ok
@andrew.alonzo
@andrew.alonzo 10 месяцев назад
Some economists have projected that both the U.S. 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.
@james.atkins88
@james.atkins88 10 месяцев назад
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
@edward.abraham
@edward.abraham 10 месяцев назад
@@james.atkins88 It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance.
@Believer292
@Believer292 10 месяцев назад
@@edward.abraham That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of $550k, which is about 10 times more than I average on.
@rebecca_burns14
@rebecca_burns14 10 месяцев назад
@@Believer292 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
@Believer292
@Believer292 7 месяцев назад
I'm guided by *Mary Onita Wier* An experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@leondonald
@leondonald 11 месяцев назад
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.
@philipr1759
@philipr1759 11 месяцев назад
Keep this in the back of your mind. There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.
@duane_29
@duane_29 11 месяцев назад
With the assistance of an investment advisor, I was able to diversify my $401k portfolio across multiple markets, earning over $980k in net profit from high dividend yielding stocks, ETFs, and bonds in just a few short months.
@HarrietBemish
@HarrietBemish 11 месяцев назад
@@duane_29 That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
@duane_29
@duane_29 11 месяцев назад
@@HarrietBemish My Financial adviser is ‘’Christine Jane Mclean’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@HarrietBemish
@HarrietBemish 11 месяцев назад
@@duane_29 Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.
@thumpertorque_
@thumpertorque_ Год назад
The best part about his videos is a 15 minute video feels like a 5 minute one. They’re never boring and very engaging.
@firstlastname5146
@firstlastname5146 Год назад
Very true ! Love his video's.
@benink5690
@benink5690 Год назад
True, even though he's wrong A LOT
@Degen_Tech
@Degen_Tech Год назад
actually tru, great video...
@sierram376
@sierram376 Год назад
I feel like Johnny Harris is on drugs.
@stockradamus6018
@stockradamus6018 Год назад
​@@gabegabe2452 Saying we will not be in a recession shows you have zero economic understanding. IT WILL be a horrible recession
@ClementRusso2
@ClementRusso2 6 месяцев назад
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.
@VickyAlvy
@VickyAlvy 6 месяцев назад
With supervision from an investment advis0r, I diversified my $401k portfolio across various markets, resulting in a net profit of over $850k within just a few months, thanks to high dividend-yielding stocks, ETFs, and bonds.
@Rodxmirixm
@Rodxmirixm 6 месяцев назад
​@@VickyAlvy How can I get in touch with your advisor? I'm interested in finding a more effective investment strategy for my savings.
@VickyAlvy
@VickyAlvy 6 месяцев назад
@@Rodxmirixm My financial advisor is Stacey Lee Decker, a highly qualified expert in portfolio diversification. Research her credentials, she's a valuable resource for financial supervision.
@Jason9o669
@Jason9o669 6 месяцев назад
@@VickyAlvy After reading your insights, I researched her full name and found her online webpage. Unfortunately, my portfolio took a significant hit, so holding it longer seems unwise. I will look to schedule a call with her.
@bananagoose1224
@bananagoose1224 6 месяцев назад
landlord...yikes.
@Riggsnic_co
@Riggsnic_co 2 месяца назад
With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
@bob.weaver72
@bob.weaver72 2 месяца назад
If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.
@martingiavarini
@martingiavarini 2 месяца назад
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
@TheJackCain-84
@TheJackCain-84 2 месяца назад
Mind if I ask you to recommend this particular coach you using their service?
@martingiavarini
@martingiavarini 2 месяца назад
Credits goes to "Carol Vivian Constable” one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@TheJackCain-84
@TheJackCain-84 2 месяца назад
thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@Mr-sweeny
@Mr-sweeny 4 месяца назад
The 1% of rich Americans think of how to invest their money to increase their wealth during the recession. While the 99% of struggling hard-luck Americans think of how to survive without food and daily necessities in the recession and the coming hyperinflation. I am just about to make my first index fund purchase via vanguard. I intend to invest long term. just getting slightly stuck on how I balance my percentage portfolio between equity vs bonds. Low risk is good for me. Any tips
@PatrickLloyd-
@PatrickLloyd- 4 месяца назад
You are absolutely right ,firstly I believe money in the bank is not money because it is bond to inflation and losses values overtime, You have to be well disciplined to achieve success and save before you spend Lastly success does not happen overnight it takes time, dedication and self discipline
@PhilipDunk
@PhilipDunk 4 месяца назад
money is a liability, not an asset. You have to exchange it for assets that represent real VALUE. Real estate - properties for rent. Stocks (dividends). Bonds (interest), funds, REITs (interest), intellectual property, The aid of an institutional or basic financial advisor's cannot be over expressed. I started saving and investing in 1989 at the age of 20... I am 54 today and have 2.2 million in my retirement account, 135k liquid and I trade securities with 50-55k
@Nernst96
@Nernst96 4 месяца назад
@@PhilipDunk How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
@PhilipDunk
@PhilipDunk 4 месяца назад
I work with "Vivian Carol Gioia". Her honest approach gives me complete ownership and control of my position, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a fiduciary.
@Nernst96
@Nernst96 4 месяца назад
@@PhilipDunk Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
@claydow-peterson5245
@claydow-peterson5245 Год назад
As an Econ major as well the biggest thing my professors have been trying to teach us, is the economy isn’t a machine. It’s a collection of every small decision of 10 billion people. Good video very informative and easy to understand
@Laking86er
@Laking86er Год назад
Should the media report on the possibility of recession? If economics is by in large due to psychology, should we be influenced into thinking things are going to get bad, thereby creating a snowball effect? What does reporting on a potential recession actually help with?
@WideAwakeHuman
@WideAwakeHuman Год назад
@@Laking86er recessions can result from different things but psychology isn’t causing massive depressions/recessions. Fractional reserve banking is the problem. Irresponsible financial practices carried out in every sector from the govt to banks to companies to private individuals is what causes depressions. Printing money and inflating cost/stealing buying power from regular people. Overleveraging is what causes the snowball. One dip happens and no one can handle it because they have so much debt and so little room for error. If everyone would just be responsible, save some money and be prepared and the govt would stop printing money into the system the recessions would pretty much disappear
@CraftyF0X
@CraftyF0X Год назад
10 billion wtf? Not even 10 bill on the planet let alone that much participating in measurable economic activity.
@troodon1096
@troodon1096 Год назад
@@Laking86er With that kind of argument, why should people report on anything? Because people want to know, and people want those people to know. That's why reporting exists.
@Laking86er
@Laking86er Год назад
@@troodon1096To both people who acknowledged me, thanks for the reply. That isn't my position, just a question with considering. The answer isn't black and white within a confluence of factors. I agree the root is certainly not reporting, but psychology can carry a notion to levels it would not otherwise reach. Do you need to know about a recession that might be or might not be happening? What Johnny lies out is that once you know, you (we) make it worse. It's interesting to consider the media influence on the depth of recessive economics. I like to hear reporting on tangibles; things that have happened, not so much about unknown futures. although I'm sure you can find examples of where I'm wrong. Ps reporting is generally done to make money first and foremost, and we know how bad news sells.
@JayBacay
@JayBacay Год назад
I just wanna say the animation is amazing! great job to the editors and animators!
@eyan_official
@eyan_official Год назад
The bakery part is the best recession explanation I've seen in my small life.
@GRAITOM
@GRAITOM Год назад
Why is your life smol 😣
@eyan_official
@eyan_official Год назад
@@GRAITOM because I just hit 26 and have a bunch of decades to live through 😅
@GRAITOM
@GRAITOM Год назад
@@eyan_official ok I'm 23, cheers to the decades
@MrTaxiRob
@MrTaxiRob Год назад
yeah except he left out the law of diminishing returns
@stargoid670
@stargoid670 Год назад
Aye lmao
@JulianMael-us2bx
@JulianMael-us2bx 7 месяцев назад
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.
@cythiahan8455
@cythiahan8455 7 месяцев назад
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience since the 08' crash
@MarkFreeman-xi3rk
@MarkFreeman-xi3rk 7 месяцев назад
The effects of the U.S. dollar's increase or fall on investments, in my opinion, are complex, but it has never been simpler to learn how to build your money than it is right now, when you may discover and experience a genuinely broad market passively by working with a successful Financial Consultant,,.
@AntonioBianh
@AntonioBianh 7 месяцев назад
@@MarkFreeman-xi3rk That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
@MarkFreeman-xi3rk
@MarkFreeman-xi3rk 7 месяцев назад
Margaret Johnson Arndt is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
@SophiaChristian-so2of
@SophiaChristian-so2of 7 месяцев назад
Thank you for this tip. It was easy to find your coach's webpage by looking up her name online. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
@tomgorden4189
@tomgorden4189 Год назад
The $4 baguette is on point. My local bakery is selling them for that. Not like I can't buy one, but out of principle, I refuse to now. When you start feeling like you are getting nickel and dimed by everyone, you start pinching those pennies.
@dekjet
@dekjet Год назад
Thank you for pointing out that economics is a *social* science. I think that often kind of gets lost because there's quite a bit of maths and data involved. But economics is not like maths where everyone agrees on what the rules are. Economics is all about interpreting data.
@psikeyhackr6914
@psikeyhackr6914 Год назад
How is the data on the depreciation of durable consumer goods interpreted?
@danellis-jones1591
@danellis-jones1591 Год назад
It's the dismal science because it's theoretical foundations are very far from reality. Like rational actors and that individuals are motivated by personal benefit. I understand that psychology and economics overlap, which is at least something. But the economics I learnt is totally silent on sustainability and the immovable boundaries to growth.
@jaredharmer7047
@jaredharmer7047 Год назад
Yep. A marxist and a conservative can often look at the same graph and explain how it supports their ideology
@psikeyhackr6914
@psikeyhackr6914 Год назад
@@jaredharmer7047 Which ideology explains why they don't advocate mandatory accounting/finance in the schools?
@ectopicortex
@ectopicortex Год назад
At 7:18 he says there is a random price increase for the baker, this skips a huge data point of so many monopolies raising their product prices just to make a bigger profit even when they don’t need to raise their price. E.g. price gouging gasoline prices.
@yuruyenmorerik
@yuruyenmorerik Год назад
I have a bachelor's degree in business administration, took a few econ courses, hated it but I'm only NOW starting to understand what economy really is, thanks to your channel! Thank you for simplifying and making it interesting! I love the fact that you don't get into too much detail while recommending sources if the viewer is curious about a specific subject.
@giornogiovanna3934
@giornogiovanna3934 Год назад
He has a google docs in his description with all his sources
@a_doggo
@a_doggo Год назад
Oh god. You actually fell for this WEF-sponsored nonsense? I don't know how people can go into finance with a US-only degree; brainwashed as heck. Everyone who works at my fund studied overseas - the Chinese econ students understand the economy the best. The American ones need to be re-educated; they think like Johnny. It's frustrating.
@db-ur6td
@db-ur6td Год назад
@@a_doggo Shut up, Tankie.
@sampeter2714
@sampeter2714 Год назад
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.
@SFVYachtClub
@SFVYachtClub Год назад
Everyone said the recession was gonna happen back in 08 for literally months and months and then it happened and then everyone was like "OH MY GOD WHAT HOW COULD THIS HAVE POSSIBLY HAPPENED???" and then I think all of Bakersfield became homeless.
@2degucitas
@2degucitas Год назад
Bakersfield? Because they had jobs not tied to farming
@thijsjans5457
@thijsjans5457 Год назад
As an econ nerd, I highly recommend looking into the "Malthusian Trap". It's a very elegant model that explains why economies didn't have an upward trend over periods longer than about a century prior to the industrial revolution. Gives you great insight into the dynamics of modern economies.
@bozimmerman
@bozimmerman Год назад
Wasn't Malthus the guy who predicted starvation and death forever into the future? IOW, wasn't he basically really really wrong?
@ZeroX02c
@ZeroX02c Год назад
@@bozimmerman Not necessarily. Thanks to how our economy attributes value with no consideration for long-term ramifications, we've set up a complex system for extinction. It's clear that climate change is currently causing an extinction event right now (just look at the snow crab die-off), and it's clear that it will affect humans (it already is), but it's unclear how bad the cascading effects will be, or if we can mitigate it at all. We may have simply dragged out the "prosperity" section of that cycle for a longer period than ever before, only to take the biggest haymaker in human history. We might be staring down a situation where we literally cannot get back to where we are now because we used too much of our easily accessible fossil fuels. We may have already set up the conditions needed to curbstomp human society in general, but we can't know because this would be the first time ever. What is certain is that, barring some latchkey energy advancement, there is a world of hurt coming in the next few decades for humanity. Malthus looks to have only been wrong in the short-term.
@jakekennedy6718
@jakekennedy6718 Год назад
@@ZeroX02c Well here I am getting into youtube comment arguments but... Malthusian trap is not about global extinction. It its an economic theory related to labor participation and production output. His main argument is that overpopulation crowds out the middle class and drives wages down. Even though it might appear that he's right, modern demographic trends in developed countries are actually disproving Malthusian theory. Due to a bunch of factors, birthrates are significantly declining in affluent countries. If you want to put your undergrad hat back on, look up the Lewis model. Its related to "breaking" the Malthusian trap. I find it to be more compelling and more reflective of how society got to where we are today.
@miamijules2149
@miamijules2149 Год назад
@@ZeroX02c 🙄 No, no it’s not clear at all that climate change is yada yada yada, blah blah blah
@michaeld4861
@michaeld4861 Год назад
@@jakekennedy6718 But wages are being driven down. You must not be from the US. Also, I thought his theory was about the limitations of production of things like food having a limiting effect on population especially in regards to population density? (Although I haven't really researched it, his ideas were just briefly mentioned in a book I read so maybe I got it wrong?)
@drewbinsky
@drewbinsky Год назад
Awesome stuff man, you continued to impress and knock all of us out of our seats
@Homer-OJ-Simpson
@Homer-OJ-Simpson Год назад
Hey drew! Love your stuff! Been watching you since 2019 or so. I guess Johnny joined Nebula. Any plans for you to join as nebula? Or are travel videos not a target for nebula content?
@willzyxOfficial
@willzyxOfficial Год назад
This message is nothing but shameless self-promotion.
@httrtaylor21
@httrtaylor21 Год назад
I love that Drew watches Johnny's stuff
@therbear17
@therbear17 Год назад
I’m so excited to hear that you’re on nebula! I would absolutely love to see what kind of content you can produce without worrying about they RU-vid algorithm. I’ve subscribed to your channel and will watch all your videos there. Good luck!
@flyingmonkeiesRus
@flyingmonkeiesRus Год назад
As an econ major with a family that has no idea what I do or talk about. I'd love to see more econ terms explained so well so I can share them with my family
@marvin2678
@marvin2678 Год назад
as an econ major you should see and point out the flaws in this video first
@osmarsantanafilho3184
@osmarsantanafilho3184 Год назад
It’s quite hard to explain to commom people some economics logic. Ppl usually don’t have any patience nor will to understand it
@johnkeefer8760
@johnkeefer8760 Год назад
@@marvin2678 While not perfect, it does a good enough job for a very basic introduction. It blurs details etc but they aren’t essential for such a basic intro. If anyone actually wants to know enough about the topic to make decisions on it, they will learn the details he glosses over
@johnnyharris
@johnnyharris Год назад
Lots more to come!
@vedadityaved538
@vedadityaved538 Год назад
​@@johnnyharrisJohnny can you make a video on indo china conflict
@tom690
@tom690 Год назад
I'm glad Johnny highlights the psychological aspect of recessions. A large part of why recessions happen (or at least why they're more severe) is because we THINK they're going to/are happening. The fundamentals only matter up to a point.
@bunmibello3043
@bunmibello3043 Год назад
ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ. sᴇɴᴅ ᴀ ᴍᴇssᴀɢᴇ ᴏɴ ⬆️
@acethemain7776
@acethemain7776 Год назад
paradox of thrift
@scpatl4now
@scpatl4now Год назад
It's the same for inflation too...you think prices will rise so you go out and buy stuff before it gets more expensive, which in turn causes shortages and higher prices.
@singular9
@singular9 Год назад
LMFAO this has nothing to do with it. Fake money = collapse, its pre programmed into the capitalist system.
@scpatl4now
@scpatl4now Год назад
@@singular9 Wrong...you have no idea what you are talking about...trolling is what you know
@Lee.Lee.9
@Lee.Lee.9 Год назад
You made this way easier to understand than any of my teachers. Thank you. While a recession seems scary, I have a little comfort knowing that it has happened often and there’s a guarantee that it will pass and get better.
@laszlolee
@laszlolee 11 месяцев назад
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..
@monicavazquez280
@monicavazquez280 11 месяцев назад
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance.
@user-wt6zf4ek9k
@user-wt6zf4ek9k 11 месяцев назад
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@romiverajr
@romiverajr 11 месяцев назад
please tell me how to use this recession to make gains! Grew my reserve of $121k to over $513k btw DEC. 2011 and AUG 2012 but the market is diff now
@LofgrenMark
@LofgrenMark 11 месяцев назад
Can you kindly provide me with the information of your investment advisor as I am currently in desperate need of one?
@user-wt6zf4ek9k
@user-wt6zf4ek9k 11 месяцев назад
@@LofgrenMark I've shuffled through a few advisors but “Susan Bauer Normansell” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself..
@LtNduati
@LtNduati Год назад
I was born in 1996, graduated college in 2019 and I feel like there has always been a recession. My Dad is a financial advisor and was our sole provider for most of my life. Recessions scare me, and fortunately I've been fully employed since graduation, and during covid, and still to this day, but I left my higher ed job in March 2022, I'm now at a very large and successful nonprofit and work for the CEO/board. I feel safe, even through a recession, but now I'm relearning the worries that the word "recession" now bring and I'm not sure how to manage this fear long term.
@MsUnderlig
@MsUnderlig Год назад
this sounds like "financial anxiety", it's always good to have some extra money in case one gets laid off but i think actually the best medicine may be therapy or talking with a friend. It's good to be prepared but it's not good for you to be stressed and have big fear that stresses you a lot. (sorry for the unsolicited advice).
@MrTaxiRob
@MrTaxiRob Год назад
Sounds like your anxiety may have helped you avoid frivolity to some degree, but I hope you are at least able to enjoy your life outside of work and finances.
@AliceChen
@AliceChen Год назад
If you're looking for some good material on financial anxiety, I would highly recommend Ramit Sethi's work. He runs I Will Teach You to be Rich and has a podcast where he talks to people directly about a lot of topics including this!
@chinochasakara2363
@chinochasakara2363 Год назад
I literally smiled when you said, "I'm going to be making more videos." lol Love the channel!
@kevinv91
@kevinv91 Год назад
Dude. You deserve all my praise. I can tell how much work you put into your videos. I just have to say thank you for your educational content. You are truly a blessing. Thank you!
@KARL-el3hr
@KARL-el3hr Год назад
Thanks for explaining this ♥️. I always watch your content & vids not only because they are educational but also entertaining. Watching from 🇵🇭
@fllnthblnks9681
@fllnthblnks9681 Год назад
Bro, this is, like, my fifth recession.
@tfall
@tfall Год назад
You have literally condensed my entire Econ 101 class into 15mins. Mike Drop Johnny strikes again!!
@A3421
@A3421 Год назад
Mic*
@Wisudadwipana
@Wisudadwipana Год назад
The way you exctract the point of the topics from a lot of resources is stunning, I mean your videos always trigger me to learn more and more. I don't need to mention your animation/visualisation as it is always at it's best from time to time. There's should be a lot of work behind the scenes, can't wait for another videos!
@Wisudadwipana
@Wisudadwipana Год назад
@@togo7022 first of all I never read wikipedia as references man, the good point is this guy push me to search for more information, to find the clarification, rather than just believe on his content. He triggered me to do it. I don’t mention whether his information ‘good’ or ‘bad’. Have you read the references that he put on the description? I don’t see he writing any wikipedia things
@changusakala8949
@changusakala8949 Год назад
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!
@mlondishoba4076
@mlondishoba4076 Год назад
If you had a storytelling with data course I'd definitely buy it. Brilliant video!👏🔥
@mrsmokingskittles148
@mrsmokingskittles148 Год назад
You can buy mine
@john_doe1st
@john_doe1st Год назад
@@mrsmokingskittles148 take a hike
@mrsmokingskittles148
@mrsmokingskittles148 Год назад
@@john_doe1st what's the problem
@lifePaultheball
@lifePaultheball Год назад
Jhonny's videos have been so entertaining lately. He and his teams are killing the storytelling and animations. 👌
@johnnyharris
@johnnyharris Год назад
wow thank you
@etashelinto8253
@etashelinto8253 Год назад
Ikr. Johnny’s killing it.
@crowxar2891
@crowxar2891 Год назад
@@etashelinto8253 AND his team
@pakru92
@pakru92 Год назад
Thanks for your great videos! Always love to see new stuff from you!
@lovegansaw
@lovegansaw Год назад
Best explanation of what recession is! Thank you, dude!
@adawg2059
@adawg2059 Год назад
Hell yeah, glad you joined nebula. Been a couple months since I've been on, but I joined for reallifelore's conflict series. Hope to see some extra content along those lines from you in the future!
@jenjen4520
@jenjen4520 Год назад
I absolutely LOVE LOVE LOVE your videos! I'm quite the curious person & the content you post cover such a vast number of subjects & loaded with information & u actually list references, as well? I'm big on trusting the sources of where "facts" are coming from & I consider your info a trusted source! Thank you for all you do, sir! Keep up the good work!
@abikrsen3205
@abikrsen3205 Год назад
I started watching your videos just few days ago and now I'm clicking on every video of yours that pops up in my feed !
@natandessie
@natandessie Год назад
This is fantastic. Love this channel. Now I don't feel so bad about a recession longterm.
@corukvee
@corukvee 11 месяцев назад
😊😅 😅
@michalsokolowski5728
@michalsokolowski5728 Год назад
Beware of curiosity stream subscriptions. A few days ago, I got overcharged by them. They charged me more than the advertised $11, I contacted them, and they said everything was correct. For the entire purchase process, the price displayed was $11, but I discovered the difference after looking up my bank account. To me, not disclosing all the costs upfront is an example of a scam.
@LE-do5by
@LE-do5by Год назад
@annaluera1357
@annaluera1357 Год назад
What was the price they charged you?
@johnsamuel1999
@johnsamuel1999 Год назад
I think the price didnt include taxes ?
@thavs
@thavs Год назад
I love that the landlord is just chilling… we all know that’s not a real job
@bunmibello3043
@bunmibello3043 Год назад
ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ. sᴇɴᴅ ᴀ ᴍᴇssᴀɢᴇ ᴏɴ ⬆️.
@johnsamuel1999
@johnsamuel1999 Год назад
Not really landlords provide housing and of course spend the money they earn, which stimulates the economy. A landlord has to provide you with housing that fits regulations etc .
@ethanclark4116
@ethanclark4116 Год назад
@@johnsamuel1999 The housing developers make sure everything is up to code and the construction crews build it financed by the developers. The landlords just come in and buy it straight out the gate so they can jack up the price and make a profit on their investment.
@johnsamuel1999
@johnsamuel1999 Год назад
@@ethanclark4116 but your assuming that the landlord did not commission the construction. Also when a landlord buys a finished house it gives the developer money and interest to build more housing . The developer is going to keep building as long as landlords keep buying. Plus landlords increase the housing available for renting
@ethanclark4116
@ethanclark4116 Год назад
@@johnsamuel1999 lol why do landlords have to buy the houses why can't they just sell them straight to the people
@Add50326
@Add50326 Год назад
These videos are never boring and one of the most interesting and educational videos that I can find online. They are very well made not too long not too short the right length with the most amount of information.
@georgecarrascomusic
@georgecarrascomusic Год назад
thank you Johnny and the team. just thank you. all of your combined effort to be thorough and engaging is as awesome as the orange jacket and all the adventures it continues to go on. keep em coming.
@bilalcelik7799
@bilalcelik7799 Год назад
All AOR22T guys need to write their own comment why AOR22T is best, that's how we make sure as many people as possible will know
@meamstreme8305
@meamstreme8305 Год назад
bots are getting coordinated damn
@minipie0116
@minipie0116 Год назад
Report him so people don’t get fooled
@HorseWithNoBane
@HorseWithNoBane Год назад
Warning! There are bots in the comments.
@kabewar77
@kabewar77 Год назад
that was by far the best Nebula ad I have ever seen. Seen a bunch of RU-vidrs mention it and I am now going to sign up
@phodamentals
@phodamentals Год назад
Good stuff. Also recommend "Economics in One Lesson" by Henry Hazlitt and "Cooperation and Coercion" by James Harris & Antony Davies.
@anishadahal6128
@anishadahal6128 Год назад
You make everything so easier to understand. Thank you for all the videos!
@goingwalkaboutnow
@goingwalkaboutnow Год назад
Love you and your peeps Johnny, you guys make hard concepts easy to understand.
@therenzix
@therenzix Год назад
I really appreciate that you mentioned your sources so many times
@BIGBenProductionsTV
@BIGBenProductionsTV Год назад
Nice stuff, love your vids! Super informative, keep going!
@paolaanimator
@paolaanimator Год назад
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.
@vannhantran547
@vannhantran547 Год назад
Keep your grind up 💪 Johnny's team. Love to watch these easy to understand videos
@Spike.SpiegeI
@Spike.SpiegeI Год назад
both of those services for $1 a month?! I'm in and I hope they help support this new project you're working on!!
@olivierbringas5819
@olivierbringas5819 Год назад
As a pre-service teacher majoring in Social Studies here in the Philippines, this video really helps me to understand how economy runs with your simple yet engaging means of presenting it. Thank you Johnny. I will definitely share this to my students.
@jakeingram2083
@jakeingram2083 Год назад
The Swiss bunker video was awesome, that's why I subscribed. Good stuff
@LohashLakra
@LohashLakra Год назад
Thank you so much for the good content, I haven't missed any of your videos & I would try my best to keep up. See you on Nebula.
@benjaminfarrar5099
@benjaminfarrar5099 Год назад
Such an awesome news that you joined Nebula Yourself & TLDR news are two of the most brilliant channels deconstructing the world and society so we can understand more of it
@ayushjain8265
@ayushjain8265 Год назад
Great content as always Johnny! Just signed up for Nebula, amazing value. Can’t wait to watch your Swiss bunker series and upcoming Nebula powered series!
@BrieElizabeth
@BrieElizabeth Год назад
Thank you so much for your videos, I have learned so much and always look forward to watching!
@mikoajtokar5846
@mikoajtokar5846 Год назад
Thank you! I never understood anything economy related before. You are amazing
@NunoSoares22
@NunoSoares22 Год назад
Johnny Harris you are BRILLIANT! Congrats! Love the way you explain and communicate! Keep it up!
@truth.speaker
@truth.speaker Год назад
He would be even better if he erased the scammers from his comment section
@MattTucker
@MattTucker Год назад
I love the animations, really keeps things engaging and adds a depth and entertainment value.
@KomalSanjeev
@KomalSanjeev Год назад
Immediately subscribed to Nebula and watched the Swiss bunker video. MIND BLOWN. You had my attention every second through that video. Thank you for doing what you do!
@hrachdavtyan9815
@hrachdavtyan9815 Год назад
This video is absolutely amazing!!! Why i could not find your channel earlier, please keep creating such an amazing videos!!!
@BlackfeatherTanfur
@BlackfeatherTanfur Год назад
As for layoffs, they're very much here in Silicon Valley & SF. Most of the big tech companies have had massive layoffs (thousands impacted, for each of the tech giants). And I'm not even including Twitter, whose layoffs aren't as far as I can tell, related to the overall economy. It's scary as I'm an unemployed engineer living in the Bay Area.
@ZenkaiGoose
@ZenkaiGoose Год назад
Johnny and his team are just masters of storytelling. Great video!
@chrislanejones
@chrislanejones Год назад
Yes, I love the Johnny World creation and story, After Effects is the Shit;
@emptyhad2571
@emptyhad2571 Год назад
I know right buddy I actually worked with the guy once. At least in my dreams not IRL.
@singular9
@singular9 Год назад
Exactly, story telling, not fact telling. He would never blame the hand that feeds, the fed and the printing press and the american army that protects it.
@itsytyt5192
@itsytyt5192 Год назад
Ghgh
@lifePaultheball
@lifePaultheball Год назад
Jhonny's videos have been so entertaining. He and his teams have been killing the animations and storytelling lately. 👌
@Mizc33
@Mizc33 Год назад
Your content is super-awesome. Thank's for the curiosity/nebula code! I'm thrilled to see what kind of content you will be releasing there in the future. (also the bunker episode is fucking rad)
@yourlocalrealestatenv777ho3
Great content keep it up! Thank you for bringing the most valuable content and fascinating histories.
@hans7743
@hans7743 Год назад
This was a description of a demand induced recession, the recession we’re potentially looking towards is a recession caused by inflation/higher interest and energy supply issues
@sandyboyd7040
@sandyboyd7040 Год назад
Hey it would be amazing if you did a video exploring the ideas of a post growth economy or a degrowth economy. The idea of getting off the road of constant economic booms and busts and also one that potentially provides a solution to ecological destruction and the climate crisis. Would love to see your analysis of these ideas and what they could mean for the future economy.
@bunnyben5607
@bunnyben5607 Год назад
The transition to post growth economics (inevitable) will probably be marked by widespread contagion in companies unfortunately. Every company on the planet is at least partially predicated on infinite growth, and post growth is going to cause the mother of all shocks.
@cclambie
@cclambie Год назад
Love to see @Johhny do a piece on this. Maybe bring in some ideas from Utopia for Realists by Rutger Bregman
@candyshane3611
@candyshane3611 Год назад
Omfg standing ovation. 👌🙌🙌🙌👏👏👏👏👏👏👏👏👏 I'm so slow when it comes to this topic. But baby u explain this so well. Me and my teens understood what is going on with the world. Amen to u. Thank you u rock🤙
@ecuadorianpersian
@ecuadorianpersian Год назад
Keep up the great work. Love what you do.
@house102
@house102 Год назад
Nice! Well explained! And simple to understand! Definitely helps those who struggle to understand in schools. Love your work Johnny!
@LimboGene
@LimboGene Год назад
I think what people are scared of the most is the unknown. By clarifying what a recession is, this really raises a lot of hope and puts the scene into light.
@bunmibello3043
@bunmibello3043 Год назад
ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ. sᴇɴᴅ ᴀ ᴍᴇssᴀɢᴇ ᴏɴ ⬆️ok
@markstrom3630
@markstrom3630 Год назад
It’s worse than we know we can only base what we know off history an economic collapse is coming we have very little manufacturing here hyper inflation fixed interest rates artificially deflated and so much corruption
@FireAllOfEverythingAtOnce
@FireAllOfEverythingAtOnce Год назад
Hope is the worst thing ever. There is no hope. That is a false god that needs to be slain/relegated to myth status.
@yvonneplant9434
@yvonneplant9434 Год назад
Jesus. Just effing review what happened 2007-09/10.
@Peritye
@Peritye Год назад
well yes. fear of the unknown is the biggest fear of humanity. its what drives us.
@t.j.sortino7844
@t.j.sortino7844 Год назад
As a once working Head Baker that ran a very succesfull bakery in the Seattle area for over a decade, until the recession I appreciate this example used to teach modern economics so much!!!!
@chrissartain4430
@chrissartain4430 Год назад
Great Video, never have I understood the word RESESSION once before ! Know I do understood it before today !! Thank you for this new understanding !!
@robin_fang
@robin_fang Год назад
Nice video, would love (as an economics uni student) for you to go deeper in economic theory, such as the yield curve inverting and other signs too!
@rustyp69
@rustyp69 Год назад
read Karl Marx and listen to Richard Wolff
@rishabh.malviya
@rishabh.malviya Год назад
I think you should also touch upon the role of credit and borrowing in causing recessions. It's one of the main reasons we have recessions now that we didn't before
@taycalvin5758
@taycalvin5758 Год назад
it's the govt doing that. they are in control of how money get into the economy for everybody.
@antonrochniak9755
@antonrochniak9755 3 месяца назад
Thank you! You have a talent for explaining complex concepts in a clear and straightforward manner.
@derrickcsh
@derrickcsh Год назад
Always making different videos and perspective on different topics and making simple for everyone to understand. Keep up the good awesome content. I will try to check our NEBULA.
@RealEngineering
@RealEngineering Год назад
Welcome to Nebula Johnny!
@rebekahj8662
@rebekahj8662 Год назад
What Johnny is missing here is that, at least right now, we are all being price gouged by corporations. Corporations have made record profits this year, and are passing on the costs of their private jets and bonuses on to us. This isn't just happening with optional goods and services but for necessary staples, like groceries, that have typically been stable. This recession is due to greedy corporations, it's not because folks are worried that they should save some money because of the war or whatever. Infinite growth is impossible.
@Biker790
@Biker790 Год назад
I really really wish this had been addressed. It's kind of fundamental to our current situation.
@Tommyownzz
@Tommyownzz Год назад
What would you expect, those videos are basic af
@saadcringe
@saadcringe Год назад
you know, muahs
@LucasRicardoBarbieri
@LucasRicardoBarbieri Год назад
yeah! let's expropriate corporations profits to be redistributed between the people! for sure that will work!! As in URSS, Cuba, Venezuela, Argentina!!
@saadcringe
@saadcringe Год назад
@@LucasRicardoBarbieri read, and then you can talk
@dutzi
@dutzi Год назад
I've just signed up for Nebula! Love your work mate
@goldiemusic8394
@goldiemusic8394 Год назад
The quality is unbelievable. Thank you for your work !
@Cloudthinkk
@Cloudthinkk Год назад
This is super relatable- and the example shown is a bakery- which is exactly where i chose to spend less money, because usually the donuts there were 80c now they are 1.25$ so.. this video is so relatable making it understandable.. my point is- I agree with him, and I really want those donuts, but I dont want to spend.
@Lana-ro6cb
@Lana-ro6cb Год назад
Life is so much bigger than a donut, Susan.
@Cloudthinkk
@Cloudthinkk Год назад
@@Lana-ro6cb mhm, just a way of saying "this is understandable and relatable"
@Homer-OJ-Simpson
@Homer-OJ-Simpson Год назад
@@Lana-ro6cb but it’s about hundred such buying decisions we make each month.
@rojermathew7069
@rojermathew7069 Год назад
What an amazing video, I loved your explanation ❤❤
@nunyobiznes
@nunyobiznes Год назад
Yes Johnny, we understand! And we watch the WHOLE thing. Stay frosty💯
@stevenarnold5151
@stevenarnold5151 Год назад
I'm glad Mr. Mitchell History came to your defence after the European History video. Keep up the outstanding work!
@Redarmy1917
@Redarmy1917 Год назад
Are you talking about part one that was insanely biased and just told flat lies, or part two that didn't just flat out lie about global history?
@jackmiller1561
@jackmiller1561 Год назад
Mr. Mitchell History is very underrated!
@maddwhissp7092
@maddwhissp7092 Год назад
This will happen mainly in europe, after the oil/gas price cap, corruption in the eu parlament, high inflation.
@john.n.5980
@john.n.5980 Год назад
🙌🙌🙌
@cchastee0614
@cchastee0614 Год назад
So happy I found this channel ! I feel I absorb so much here !!
@avalentine5571
@avalentine5571 Год назад
Incredibly well explained. Succinct and digestible! thank you!
@AddilynTuffin
@AddilynTuffin 6 месяцев назад
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.
@louis71350
@louis71350 6 месяцев назад
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
@Emmanuel90970
@Emmanuel90970 6 месяцев назад
Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $650K in net profit from high dividend yielding stocks. you should try it if you're unsure about the market.
@AddilynTuffin
@AddilynTuffin 6 месяцев назад
Pls who is this coach that guides you? I’m in dire need of one
@Emmanuel90970
@Emmanuel90970 6 месяцев назад
My consultant is *Sharon Louise Count* She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@louis71350
@louis71350 6 месяцев назад
I took the time to Google the individual you mentioned, and after reviewing her resume, it is evident that she is a seasoned professional. I have reached out to her and am eagerly awaiting her response. 1
@thetrison
@thetrison Год назад
This feels like an award winning explainer that can replace so many economics classes worth thousands of dollars each. Thanks, Johnny.
@justenm3751
@justenm3751 Год назад
Did u get it instantly coz i got Curiosity but not nebula idk why tho used "johnnyharris still???
@rafimd8827
@rafimd8827 Год назад
Jhonny, your research is amazing.
@GustavoSanchez-ic3ok
@GustavoSanchez-ic3ok 9 месяцев назад
Great vid. Really love the way you display your videos👍
@coasteringkid
@coasteringkid Год назад
Watching Johnny's growth on youtube after vox borders has been amazing
@jonrolfson1686
@jonrolfson1686 Год назад
One of the ‘rules-of-thumb’ for the identification of positioning along the economic cycles graph is that ‘Employment is a Lagging Indicator.’ Lagging Indicator status means that, all other things being equal, firms are somewhat reluctant to cut employment early in a recession and tend to be slow to expand employment early in a recovery. Differing balances among other drivers of the cycle may eventually be identified and quantified in their effects on the depth and rate of slowdown and recovery. Demographic change, specifically the aging out of a very large cohort and its replacement by a somewhat smaller cohort, may tend to soften this particular down-cycle’s impact on unemployment. The combination of training costs and costs related to industrial reshoring and expanded capital reinvestment probably should be expected to slow or flatten the rate of recovery.
@mrpablomx
@mrpablomx Год назад
Whoa 🤯
@danphillips6399
@danphillips6399 Год назад
Ceteris paribus
@jonrolfson1686
@jonrolfson1686 Год назад
@@danphillips6399 Rather more dismal than science, is it not?
@danphillips6399
@danphillips6399 Год назад
@@jonrolfson1686 yeah but it does force producers to create products more efficiently and it also shows that actually the markets are competitive and that actually you should make products that appeal to consumers
@jonrolfson1686
@jonrolfson1686 Год назад
@@danphillips6399 You are quite correct sir: Efficiency and understanding of one's market are sine qua non. That is a feature, rather than a but.
@myliveroom
@myliveroom Год назад
This is the best video I have seen explaining recessions, and I understood it. WAOOO!
@Cresh21
@Cresh21 Год назад
Great video as always! Excited to see you partner up with Nebula! :)
@illiteratecitizen
@illiteratecitizen Год назад
Hey Johhny, I am a student of Engineering but I also study Economics and IR and anything that constitutes our world and how it runs today, and your videos and ideas are such a huge huge source of these information. I am really thankful for you being a content creator on RU-vid and I hope we dont stop seeing you... When I can, I would start contrbuting to your Patreon because there are so many stories that I would like to add to your research interests (perhaps they already are there) Nevertheless, thank you and godspeed. Sincerely, one of your dedicated subscribers
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