In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Recession Likely to Come to America – Bitcoin Will Soon Enter Uncharted Territory.

Recession Likely to Come to America – Bitcoin Will Soon Enter Uncharted Territory.

Expect nothing in particular, but be ready for everything.

Sylvain Saurel
Jun 24, 2022
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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Recession Likely to Come to America – Bitcoin Will Soon Enter Uncharted Territory.
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At the end of May 2022, David Malpass, the president of the World Bank, spoke to the U.S. Chamber of Commerce and explained that he saw 5 major reasons why the world could not escape a recession in the coming months.

He obviously couldn't give dates, but David Malpass was more than pessimistic. His speech was meant to prepare for the release a few days later of worse-than-expected figures by the World Bank.

In the report published on June 7, 2022, by the World Bank, here is the sentence that worried the most:

“Global growth is expected to fall from 5.7% in 2021 to 2.9% in 2022, significantly lower than the 4.1% forecast in January.”

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