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We are headed for recession

Posted on 8/14/19 at 7:58 pm
Posted by DyeHardDylan
Member since Nov 2011
9156 posts
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 by udtiger
Over your left shoulder
Member since Nov 2006
112936 posts
Posted on 8/14/19 at 8:00 pm to
Stahp
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 8/14/19 at 8:00 pm to
Suck my curved yield, Dylan
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
80410 posts
Posted on 8/14/19 at 8:01 pm to
quote:

We’ve been in a bubble ever since we started recovering from the 2008 recession.


Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73301 posts
Posted on 8/14/19 at 8:01 pm to
Wtf is wrong with you people?

What the hell happened today?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10607 posts
Posted on 8/14/19 at 8:01 pm to
What assets specifically? Or just a bubble?
Posted by funnystuff
Member since Nov 2012
8975 posts
Posted on 8/14/19 at 8:02 pm to
quote:

We are headed for recession
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
Posted by cajuncarguy
On the road...Again!
Member since Jun 2013
3135 posts
Posted on 8/14/19 at 8:03 pm to
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.
Posted by DTRooster
Belle River, La
Member since Dec 2013
8898 posts
Posted on 8/14/19 at 8:03 pm to
Don’t be asking for no specifics. They weren’t provided in the script
Posted by LSURussian
Member since Feb 2005
133737 posts
Posted on 8/14/19 at 8:04 pm to
quote:

and can print money out of thin air
Zerohedge? Mises? Great-grandpa?
Posted by Strannix
C.S.A.
Member since Dec 2012
53009 posts
Posted on 8/14/19 at 8:04 pm to
This post was edited on 8/14/19 at 8:06 pm
Posted by scrooster
Resident Ethicist
Member since Jul 2012
42360 posts
Posted on 8/14/19 at 8:06 pm to
quote:

We are headed for recession

Posted by Strannix
C.S.A.
Member since Dec 2012
53009 posts
Posted on 8/14/19 at 8:06 pm to
NPC
Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/14/19 at 8:07 pm to
You bring truth. Truth upsets The Orange Army. Prepare to he downvoted.

Posted by SlapahoeTribe
Tiger Nation
Member since Jul 2012
12457 posts
Posted on 8/14/19 at 8:08 pm to
If we are, it’s only because of sky screaming like this thread.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94867 posts
Posted on 8/14/19 at 8:10 pm to
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 by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 8/14/19 at 8:12 pm to
Posted by Huge Richard
Member since Dec 2018
4332 posts
Posted on 8/14/19 at 8:13 pm to
We are so fricked.
Posted by kbmaverick
Baton Rouge, Maui and Toledo Bend
Member since Nov 2009
1018 posts
Posted on 8/14/19 at 8:19 pm to
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 by KingOrange
Mayfair
Member since Aug 2018
12889 posts
Posted on 8/14/19 at 8:22 pm to
Orange Army.

I’m gonna use that one.

Honk Honk
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