I am not prepared really. I don't see how anyone can be suitably prepared for a recession where there is inflation. Any stock you have will go down, any proper

I am not prepared really. I don't see how anyone can be suitably prepared for a recession where there is inflation. Any stock you have will go down, any property you own will go down, financial institutions will lend out less, any cash you have will be eroded by interest EDIT: After taking a minute to consider it further, I am prepared in the following ways: * My job is stable and would hopefully be okay during a recession * My rent is reasonable * My hobbies (coding, learning, tv/movies, walking, reading, working out at home) are very low cost * I can happily eat oats, eggs, rice, beans, chicken, turkey, homemade pizza for a long time. I don't need to eat out much.