►
Description
Jonathan reacts to @AndreiJikh regarding his views on how the recession is going to get worse before it gets better. What are your thoughts?
Original video: https://youtu.be/030ZXpEwVKc
---------------------------------------------------------------------------------------
Peerplays is the first-ever blockchain
Humanizing your experience of crypto.
Join the movement to bring you crypto ecosystems that
understand you, build relationships & maximize your freedom.
---------------------------------------------------------------------------------------
Join us now:
Rocket Chat: https://chat.peerplays.live/
Twitter: https://twitter.com/peerplays
Instagram: https://www.instagram.com/peerplays/
chat.peerplays.live
#crypto #cryptocurrency #bitcoin #bitcoinnews #investing #stockmarket #peerplays #reaction #reactionvideo #viral #andreijikh #recession
A
A
B
A
B
A
They
had
a
meeting
to
talk
about
where
they
think
the
economy
is
going
I'll,
I'll
just
correct
that
by
saying
they
had
a
meeting
to
talk
about
where
they
plan
to
on
where
the
economy
is
going,
you
think
in
a
room,
that's
filled
with
politicians,
bankers
and
all
the
powers
that
be
are
there
to
try
to
figure
out.
Where
is
it
all
going
to
go?
It
wasn't
like
that
at
all.
It
was
more
like
here's.
What
we're
going
to
do
and
here's
the
plan
and
at
the
end
of
it
all
you
will
all
be
richer.
A
A
C
B
A
I
don't
think
it's
anywhere
near
you
know
what
else
got
more
views
than
that
my
son
actually
doing
a
short
got
more
views
than
that.
That's
how
bad
that
is.
The
fact
that
jerome
powell
couldn't
get
more
views
than
my
son.
Who's
like
not
even
11,
is
pretty
sad,
so
and,
and
even
his
video
of,
like
yeah
being
in
asana,
did
better
so
yeah,
not
looking
good
for
the
economy.
Folks,
anyways,
let's
keep
going.
B
B
A
B
C
B
A
B
A
B
B
385
billion
or
less
than
20
000
per
bitcoin.
That's
a
price
level
that
a
lot
of
investors
never
thought
we'd
see
again,
but
as
a
reminder,
if
you're
a
crypto
investor
just
remember,
prices
could
always
go
way
lower
than
you
ever
thought
possible.
So
just
be
very
careful,
and
it's
also
why
I
never
invested
more
than
10
of
my
net
worth
at
my
cost
basis,
because
it's
extremely
risky
now
when
it
comes
to
real
estate.
Okay,.
A
So
andre's
talking
about
bitcoin
and
he's
talking
about
only
putting
10
of
your
portfolio
into
bitcoin,
and
he
also
said
you
know:
oh,
they
never
thought
that
we
would
ever
see
under
20k
again
and
whatnot.
Let
me
tell
you
something:
if
you've
been
in
this
space
long
enough,
you
will
see
comments
like
that.
All
the
time
it
is
is
absolutely
going
to
happen.
You're
absolutely
going
to
see
people
claiming
this
is
the
price
bottom.
We're
never
going
to
see
this
again
and
it'll
be
repeated
at
every
single
price
level.
A
Trust
me
it
is
going
to
be
done
over
and
over
again,
because
it's
just
human
nature
they
like
to
make
claims
like
this.
Maybe
it's
just
their
hopium
whatever
you
want
to
call
it,
but
it's
the
truth.
You're
going
to
see
the
price
fluctuate,
it
is
a
volatile
asset
and
in
the
long
run
it
doesn't
matter
it
really
doesn't
matter.
So
if
you're
in
the
long
run,
which
is
what
you
should
be
doing,
you
should
be
hodling
when
it
comes
to
bitcoin,
then
having
the
price
fluctuate
all
the
way
down
to
19k.
A
When
people
thought
it
was
only
gonna
go
to,
it
was
never
gonna
go
below.
20
is
just
the
nature
of
the
beast.
So
if,
if
that's
not
good
for
you,
then
maybe
you
shouldn't
be
in
bitcoin,
but
that
is
where
all
the
wealth
will
be
for
the
future,
so
he's
getting
into
real
estate.
Now.
So
let's
hear
that.
B
B
A
B
B
B
A
So
isn't
it
funny
how
the
market
reacts
to
data
that's
a
month
old
in
a
way
as
though
it
just
got
announced
this
like
that
day,
I
just
find
that
funny.
It's
almost
like
they're
looking
for
an
excuse
for
a
party
whether
it's
going
to
be
bowler
bear
I
don't
I
don't
it's
just
funny
how
that
works
right.
It's
like
all
this
he's
making
the
point
it's
like
look.
All
this
data
is
a
month
behind.
So
it's
like
this
isn't
what's
happening
now.
This
is
what
happened
a
month
ago.
A
A
A
B
A
There
is
nothing
there
is
nothing
to
suggest
that
this
is
the
truth,
like
that.
I
think
that's
how
it
would
work.
It
would
work.
We've
never
had
anywhere
in
history
where
that
actually
worked.
So
this
idea
that
you
know
we
need
to
hit
two
percent
is
sort
of
like
a
straw
man.
You
know
it's
like
this
idea
that
you
have
to.
A
A
They
accept
the
two
percent
as
though
it
is
you
know,
gospel,
like
truth
and
and
there's
just
no
denying
it,
because
all
the
other
economic
theory
around
it
expects
that
that's
how
it
should
work
and,
unfortunately,
as
a
system.
It
doesn't
so
just
want
to
make
that
note.
But
let's
go
on
with
all
the
funny
numbers.
B
A
B
B
And
the
reason
the
stock
market
is
predicting.
This
is
because
of
the
single
biggest
contributor
of
inflation,
which
are
gas
prices
which
we
could
see
are
starting
to
come
down.
So
assuming
nothing
else,
changes
and
gas
will
continue
to
go
down.
Inflation
should
also
come
down,
but
that's
only
a
theory
and
maybe
famous
last
words.
So
that's
what
happened
to
asset
prices
and
inflation.
Now,
let's
talk.
B
Super
secret
banker
meeting
that
happened
in
jackson,
hall,
wyoming.
So
here's
what
jerome
powell
said
in
that
super
secret
meeting.
He
said
in
order
to
bring
inflation
down
to
two
percent
and
stabilize
prices
that
they'll
have
to
be
below
trend
growth
and
that
will
see
a
softening
of
the
labor
market
and
this.
B
C
B
A
B
He
goes
into
his
top
three
lessons
that
he's
learned
over
the
last
50
years.
These
are
actually
really
interesting
lesson
number
one
he
says
is
that
it's
his
job
and,
by
extension,
the
federal
reserve's
job
to
keep
the
economy
stable.
This
is
his
way
of
saying
I'm
not
going
to
wait
for
the
government
to
do
their
job.
A
A
A
B
C
B
The
argument
on
this
one,
the
first
side
is,
of
course,
papa
jerome
powell's
side,
which
is
just
let's
increase.
Interest
rates,
bring
demand
down
and
inflation
will
cool
down
right,
but
on
the
other
side,
people
like
senator
elizabeth
warren
are
saying.
Increasing
interest
rates
does
nothing
to
help
the
reason
why
the
economy
is
really
suffering
in
the
first
place,
which
is
that
we
have
to
fix
the
supply
chain.
A
There
are
geopolitical
forces
that
are
manipulating
that
so
as
long
as
that
continues
all
that
they're
doing
in
terms
of
like
you
know,
turning
these
dials
with
interest
in
order
to
be
able
to
fix
the
economy
or
or
be
able
to
handle
inflation
and
whatnot
is
doing
nothing
as
far
as
like
fixing
anything
and
she's
right,
she's
right.
So
I
have
to
agree.
A
B
B
A
B
B
A
B
B
A
B
A
Buying
an
index
fund
and
this
kind
of
climate's,
actually
a
pretty
bad
idea,
he's,
probably
not
gonna,
be
happy
with
the
results.
At
the
end
index,
funds
are
notorious
for
investing
in
various
kinds
of
companies
that
don't
produce
enough
value.
I
wouldn't
recommend
doing
an
index
finance.
This
is
where
I
don't
agree
with
andre.
I
guess
on
this
point.
A
These
rates
and
the
idea
that
we're
gonna
get
hit
over
the
head
with
a
stick,
as
he
put
it
to
finally
believe
that
inflation's
gonna
come
down
yeah,
I
just
I
don't
think
so.
I
I
just
I
I
can't
agree
with
that
assessment
only
because
the
fed
isn't
in
that
position
to
be
able
to
to
be
able
to
reel
this
in
in
any
significant
way.
I
know
that
the
idea
is
like:
if
we
keep
raising
rates,
then
people
are
going
to
believe
it.
A
The
truth
is
people
just
don't
have
enough
money
to
be
able
to
live
and
they're
going
to
keep
on
spending
as
much
as
they
can
to
be
able
to
survive,
and
I
don't
think
that
like
right
now
there
is
people
out
there
who
are
making
over
a
quarter
million
dollars
a
year
that
are
living
paycheck
to
paycheck
36
of
people
who
are
making
quarter
million
dollars
a
year
are
living
paycheck
to
paycheck.
Think
about
that
for
a
second
imagine
how
much
worse
it
is
for
everybody
else.
A
That
is
not
an
inflation
spending
issue.
That's
a
systemic,
oh
crap
or
sinking
issue.
So
if
he
thinks
that
this
is
just
going
to
be
some
kind
of
other
cycle,
I'm
sorry
andre,
you
don't
have
it!
You
don't
have
it
right
here.
This
is
far
worse
than
you
think
it
is.
So
that's
my
assessment,
though
that's
his
thoughts,
my
thoughts.
You
can
decide
for
yourself
I'd
love
to
see
in
the
comments
what
you
think.
Let
us
know,
let's
keep
going.
B
A
So
that
was
the
recession
just
got
worse
with
andre.
I
really
appreciate
some
of
his
thoughts
on
this.
I
didn't
agree
with
his
final
assessment
on
things
because,
simply
put,
I
think,
it's
going
to
get
far
worse.
He
also
doesn't
seem
to
be
a
real
believer
in
bitcoin
like
I,
I
don't
think
he
he's
really
getting
into
the
macroeconomics
of
the
fact
that
this
is
the
dollar
that
is
in
a
state
of
like
that.
A
That
is
being
it's
in
it's
in
so
much
strength
right
now
in
the
macroeconomics
of
it
all,
but
the
fundamentals
holding
it
up
are
completely
a
mess,
and
I
don't
think
he's
really
looking
at
it.
From
that
perspective,
bitcoin,
on
the
other
hand,
has
very
solid
fundamentals.
I
think
that
we're
going
to
see
a
race
for
people
to
find
some
kind
of
cover
and
they're
only
going
to
find
bitcoin
as
being
the
only
asset
that
isn't
being
inflated
into
the
nines.
The
way
everything
else
is
right.
A
Now,
there's
this
correlation
sort
of
thing
happening.
I
think
that's
going
to
end
really
soon,
as
this
process
continues
and
then
you're
gonna
start
to
see
a
real
shift
in
the
way
that
people
think
about
money.
So
if
you
think
that
this
was
helpful
at
all,
please
sure
to
like
and
subscribe
and
do
all
that
crazy
stuff
that
you
do
at
the
end
of
videos
or
during
the
video
it
would've
been
better
and,
of
course,
want
to
hear
your
thoughts
on
what
you
thought
about
this
topic.
A
Do
you
think
the
recession
just
got
worse,
or
do
you
think
it's
actually
going
to
get
better?
I
don't
think
it's
going
to
matter,
but
do
you
think
that
it's
really
as
bad
as
what
andre
says?
Do
you
think
that
bitcoin
is
the
answer,
or
is
it
going
to
be
us
dollar
all
the
way?
Let
us
know
and
we'll
be
sure
to
see
you
in
the
next
one.
Take
care.