▲ 184 r/askSingapore
Are we in or heading to a recession?
Just curious as I’ve been seeing news about massive layoffs happening here and there, and it got me wondering what the current landscape is like and where are we heading to.
I understand that there are rising costs, and being mindful with our expenditure is beneficial for us (invest or not is up to you) but it does feel like things are gloomier /getting harder altogether (like the weather).
Do you think we’re heading towards a recession? Or are we already in one?
Do share your thoughts ✨
u/rachelt1608 — 2 days ago