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Message

re: Worst. Recession. Ever.

Posted on 12/6/19 at 7:15 pm to
Posted by DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/6/19 at 7:15 pm to
This post aged well

quote:

Posted by dawgfan24348 ? on 8/19/19 at 5:11 pm to DyeHardDylan

I think the general consensus or from what I've seen is that our economy is a bit of a mirage. That the unemployment numbers while really good don't tell the entire story with many of those people having to take multiple jobs.


Posted by DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/6/19 at 7:16 pm to
As did this one
quote:

Posted by 9th life ? on 8/19/19 at 5:20 pm to DyeHardDylan

There is data to suggest it is trending towards a recession.


Posted by DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/6/19 at 7:18 pm to
Or how about this gem?

quote:

Posted by 9th life ? on 8/19/19 at 5:27 pm to HailHailtoMichigan!

That would be the data.

And i am not saying it is the be all end all, but i also think that the threshold for a rule-of-thumb indicator for a recession was met. That is a newsworthy event and i can understand why it is being reported.


Posted by DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/6/19 at 7:24 pm to
Or maybe this one?

quote:

We are headed for recession Posted by DyeHardDylan ? ? 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 DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/6/19 at 7:28 pm to
Moar stupid progressives

quote:

Posted by TejasHorn ? on 8/14/19 at 1:26 pm to Desert King

Even a recession will be fake news around here. ?

You can't drag a trade war out and expect no repercussions. It's not "winning" to try and tank other countries' economies. We're all in the same boat, economically these days


Posted by DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/6/19 at 7:37 pm to
LMFAO

quote:

Posted by CXSteve ? on 8/5/19 at 10:25 pm to Clark14

I have concerns all of Trumps Corporate deregulation could lead to another 2008 crash.


Posted by DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/6/19 at 7:44 pm to
As I have quoted their posts above: There was a LOT of chirping from leftists in August and September cheering for a fictional wish-cast recession that then never happened.

These idiots bought the media propaganda cycle HOOK LINE AND SINKER. They even parrotted "Muh inverted yield curve" like good little window-licking puppets. And then it was on to the next sky-scream when the faux-impeachment stuff began and ramped up through October/November.

Meanwhile the economy BOOMS better than ever.


Newsflash commies: you got played (as usual) by your propaganda overlords. Again.
Posted by shoelessjoe
Member since Jul 2006
11352 posts
Posted on 12/6/19 at 8:43 pm to
Once again, the idiots on the left and the fake news media, were hoping for America to lose, so it would help Trump become a one term president. They see that wasn’t going to work, Russia didn’t work, how bout impeachment?
Then the racist piece of shite, congressman Greene, says there is no limit on how many times a president can be impeached so you know the long play here.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 12/6/19 at 8:57 pm to
That 3rd week of August was brutal.

Where were you? How did you weather it?
Posted by DeusVultMachina
Member since Jul 2017
4245 posts
Posted on 12/7/19 at 7:23 am to
Thread bump for the laughs
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 12/7/19 at 7:37 am to
If spending keeps pace, we are in for a big surprise.
It could be this year or three years from now. But if big government spending and debt doesn’t relax, it’s going to be trouble. And the fed won’t be able to play their little rates tricks.
On top of that the Fed has been pumping billions upon billions into the market. I believe over a trillion now since they started pumping again. Anyone who believes this is sustainable is an economics dumbass.

And all brought to you from a “republican”. Spending more than obama and more debt than obama.
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