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We are headed for recession
Posted on 8/14/19 at 7:58 pm
Posted on 8/14/19 at 7:58 pm
And have been for a while. While tax cuts do indeed stimulate the economy, it only helps provide short term growth. As long as we have a federal reserve that can determine national interest rates on a whim and can print money out of thin air, we are continuing to hurt the middle class and working class. We’ve been in a bubble ever since we started recovering from the 2008 recession.
Posted on 8/14/19 at 8:00 pm to DyeHardDylan
Suck my curved yield, Dylan
Posted on 8/14/19 at 8:01 pm to DyeHardDylan
quote:
We’ve been in a bubble ever since we started recovering from the 2008 recession.

Posted on 8/14/19 at 8:01 pm to DyeHardDylan
Wtf is wrong with you people?
What the hell happened today?
What the hell happened today?
Posted on 8/14/19 at 8:01 pm to DyeHardDylan
What assets specifically? Or just a bubble?
Posted on 8/14/19 at 8:02 pm to DyeHardDylan
quote:This is true literally 100% of the time. We’re always headed for a recession, the question is how far off. And there are still plenty of reasons to think that the next recession is still a fair ways off
We are headed for recession
Posted on 8/14/19 at 8:03 pm to DyeHardDylan
You are wrong. There is no reason for the economy to slow down. The bond rate inversion is being caused, not be what caused past ones, but by a flight to safety from Europe and Asia because they have negative interest rates. So they are buying long bonds which raised their value and lowers the interest rate. The rate is not being pushed down by the Fed or by US economic issues.
Pretty simple really.
Pretty simple really.
Posted on 8/14/19 at 8:03 pm to funnystuff
Don’t be asking for no specifics. They weren’t provided in the script
Posted on 8/14/19 at 8:04 pm to DyeHardDylan
quote:Zerohedge? Mises? Great-grandpa?
and can print money out of thin air
Posted on 8/14/19 at 8:04 pm to DyeHardDylan
This post was edited on 8/14/19 at 8:06 pm
Posted on 8/14/19 at 8:06 pm to DyeHardDylan
quote:
We are headed for recession

Posted on 8/14/19 at 8:07 pm to DyeHardDylan
You bring truth. Truth upsets The Orange Army. Prepare to he downvoted.

Posted on 8/14/19 at 8:08 pm to DyeHardDylan
If we are, it’s only because of sky screaming like this thread. 
Posted on 8/14/19 at 8:10 pm to DyeHardDylan
quote:
We’ve been in a bubble ever since we started recovering from the 2008 recession.
You mean the "jobless recovery"? The "new normal"?
We might have a bear market for 6 to 8 months. I doubt we will be in a true recession. Too much fundamental improvement since - not coincidentally - January 2017.
People have jobs, money, more security in decades (really since Reagan). Once we finish up the new deals with China, the economy will surge again for 2 or 3 years.
Embrace the future, baw.
Posted on 8/14/19 at 8:19 pm to Ted2010
quote:
You bring truth. Truth upsets The Orange Army. Prepare to he downvoted
Truth is the body of real things, events, and facts : actuality.
It is not based on prediction, assumptions, fairy tales or liberal fantasies. Of course if you are a liberal you assume that you can redefine words, history. Your incurable sickness prevents you from experiencing from that which you are deadly afraid of - reality.
Posted on 8/14/19 at 8:22 pm to Ted2010
Orange Army.
I’m gonna use that one.
Honk Honk
I’m gonna use that one.
Honk Honk
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