this post was submitted on 04 Apr 2025
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Pretty serious. Recessions affect different layers of the economy at different times. First markets crash, but your income and job security stays the same. Then markets plateau, but workers start losing jobs. Finally, markets start to grow again, but you're still living under the bridge.
If you're not a billionaire, this is the best time to invest - you still have a job, but markets are going down rapidly. You won't have cash later on.