The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. Continue reading Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession
There is a belief among some in the cryptosphere that a global recession or cataclysmic events are bound to imbue the populace with a sudden desire for cryptocurrencies. Continue reading Op-ed: Would a Global Recession be Good for Bitcoin?
Jamie Dimon — the anti-bitcoin CEO of JPMorgan Chase — says a global recession is not coming, so everyone needs to “take a deep breath” and chill out. Dimon said the Dow and other stock market indices are merely experiencing a temporary hiccup, but that doesn’t mean the US economy will slide into a recession anytime soon. Continue reading Anti-Bitcoin JP Morgan CEO Jamie Dimon: No Recession Ahead, Dow is Rebounding
Amazon is now the fourth largest company in the world behind Apple, Microsoft, and Alphabet (Google) after suffering its worst quarter since the 2008 recession. Continue reading Why Amazon is En Route to End Q4 as Worst Quarter Since 2008 Recession