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Are we headed for a Recession? - Dave Ramsey
Posted on 8/28/19 at 10:21 am
Posted on 8/28/19 at 10:21 am
Really good video by Dave Ramsey:
Dave Ramsey - Short YouTube Video
He says some pretty funny things at the very beginning
Dave Ramsey - Short YouTube Video
He says some pretty funny things at the very beginning
quote:
"Everyone's talking about, nah, the news is talking about it, normal people are just going to work"
quote:
Meteorologist and Economist are the only people who can be wrong all the time and keep their jobs
8
Posted on 8/28/19 at 10:22 am to BaddestAndvari
quote:
"Everyone's talking about, nah, the news is talking about it, normal people are just going to work"
That goes for more than just the economy too...
Posted on 8/28/19 at 10:23 am to BaddestAndvari
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
Posted on 8/28/19 at 10:25 am to birchbayduck
quote:
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
Could you be more anecdotal?
Housing prices in your area are due for a correction. Highly overpriced. Highly overtaxed.
Can't help that the demand isn't there.
Posted on 8/28/19 at 10:25 am to birchbayduck
quote:
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
People leaving the area because they are tired of radical left wing socialist lunatics destroying the area?
Posted on 8/28/19 at 10:26 am to birchbayduck
quote:
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
Or you could also say that policies implemented in Washington State and Seattle over the last 24 months are forcing companies to leave in droves for other areas of the country. I see that giant sucking sound of Technology companies relocating to Tenn, Georgia, Idaho, Utah, and most importantly to Texas from Washington State or locally out of Seattle into the suburbs or to Spokane due to the progressive policies being implemented.
Exclusive: Amazon moving thousands of employees out of Seattle, relocating key division to nearby city
This post was edited on 8/28/19 at 10:28 am
Posted on 8/28/19 at 10:27 am to birchbayduck
quote:
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
THAT BECAUSE ALL THAT LIBERAL TRASH IS MOVING TO TEXAS, N CAROLINA, AND TENNESSEE. You're a cancer to the nation! Destroy your own community, move to a healthy community, and vote to make it like the place you fled.
Liberals fleeing the sh*tholes they create is NOT a sign of a recession. Dumbassery, but not a recession.
This post was edited on 8/28/19 at 10:30 am
Posted on 8/28/19 at 10:28 am to birchbayduck
quote:
the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping.
Are the shite-stained streets contributing to the exodus in any way?
Asking for a friend.
Posted on 8/28/19 at 10:30 am to birchbayduck
He can't keep getting away with this!
Posted on 8/28/19 at 10:30 am to birchbayduck
Maybe it is all the bad press combined with a glut of housing in Seattle?
Posted on 8/28/19 at 10:31 am to birchbayduck
quote:
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
Fastest bubbling cities.
Home prices in specific areas have been massively overinflated because of foreign investment. Chinese capital flight is real, and for a lot of practical purposes, turned areas like Seattle, San Francisco, and Vancouver into pseudo-colonies of China. Your growth has been driven by cash buyers willing to pay exorbitant prices for below average residential real estate, and as a consequence, your prices are at the mercy of Chinese capital controls.
The Chinese relaxed capital controls about 10 years ago, and are now tightening them in an attempt to get the money to flow back. What you're seeing is the result. It has very little if anything to do with the US economy at the moment, and everything to do with the time bomb of the Chinese one.
Posted on 8/28/19 at 10:34 am to birchbayduck
quote:I detect a strong lacking of logical deduction capabilities in you.
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
Posted on 8/28/19 at 10:35 am to BaddestAndvari
Since we average a recession every 6-7 years, aren't we always heading for one, technically?
This is the Left's best ploy so far in their effort to defeat President Trump. They'll predict a recession and then do everything in their power to generate one. You can bet that we will be in a recession by 2020, a reported one at least.
This is the Left's best ploy so far in their effort to defeat President Trump. They'll predict a recession and then do everything in their power to generate one. You can bet that we will be in a recession by 2020, a reported one at least.
Posted on 8/28/19 at 10:41 am to birchbayduck
quote:
..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
Damn right. We need to elect Eliz Warren President. She'll get all those corporations under govt control and that will cause the biggest economic boom ever!
Posted on 8/28/19 at 10:42 am to Vecchio Cane
Well last week's recession was brutal. I had to sell my house.
Posted on 8/28/19 at 10:43 am to birchbayduck
quote:
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
Low mortgage rates have people moving. Large supply means lower prices.
Still doesn’t equal recession
Posted on 8/28/19 at 10:44 am to BaddestAndvari
Econ majors know exactly what is going to happen, but have no idea when it will happen.
Business majors have no idea what is going to happen, but know exactly when it will happen.
Business majors have no idea what is going to happen, but know exactly when it will happen.
Posted on 8/28/19 at 10:48 am to BaddestAndvari
He's spot on here.
I don't care for his cult-like following, but the man makes sense.
I don't care for his cult-like following, but the man makes sense.
Posted on 8/28/19 at 10:49 am to MrLSU
quote:
I see that giant sucking sound of Technology companies relocating to Tenn, Georgia, Idaho, Utah, and most importantly to Texas from Washington State or locally out of Seattle into the suburbs or to Spokane due to the progressive policies being implemented.
although the other guy's "observation" about housing listings doesn't even qualify as poor evidence for a national recession, y'all need to check this narrative too
washington state has consistently outpaced the national average for both GDP and jobs growth over the decade
Posted on 8/28/19 at 10:49 am to birchbayduck
quote:
Here in Washington State, the housing market is being flooded with home listings especially in the Seattle metro area and prices are a dropping..so yeah..if one of the fastest growing cities in America is already slowing down..I'd say yup..we all are gonna be taking that nosedive into the recession pool.
You're a fellow Trekkie and that's awesome, but this is a crock of fake news.
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