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Decent college freshman
Recession coming?
https://www.youtube.com/watch?v=3nR2lQUT-ok
Peter Schiff has always been alarmist shouting from the rooftops, but he's a sharp guy and has a better understanding of sound money and monetary policy than 99.9% of people walking around...
Says a recession is coming as early as 2019 and that we're going to get a socialist in 2020 as President...
Says this is just a continuation of the 2008 recession, and I think he's right. This is something that started with Bill Clinton that was exacerbated by George Bush... the federal reserve moved desperately to "correct" it and they were "able to" for many years, but the chickens have come to roost, fellas...
Trump will get blamed, even though it's not his fault nor is it Obama's...
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NBA Superstar
Re: Recession coming?
https://www.cnbc.com/2018/12/20/trea...wtr_Fgsx6tYA9Y
https://www.cnbc.com/2018/12/21/moha...HLc3LbZfSWgBb8
https://www.cnbc.com/2018/12/20/wors...4tsIVX0rRNxi8w
None of these guys can predict the market. You always have very divergent opinions coming from all these financial analysts and economists, because at the end of the day none of them can predict with any sort of accuracy.
There could be a recession coming, but it's not certain.
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Re: Recession coming?
Of course there's going to be a recession coming again at some point. They're part of the natural economic cycle.
The question is, to what extent does man cause global recession?
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Decent college freshman
Re: Recession coming?
I'll take Ron Paul's word on the matter over any of the aforementioned including Schiff...
https://youtu.be/0IlQnKIXhfI?t=59
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NBA lottery pick
Re: Recession coming?
I ****ing hope not otherwise my inheritance is going to take a pounding
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Re: Recession coming?
4th quarter revenues probably wasn't as expected in the traditional sense based on holiday sales
But I expect the 'talk' between children and parents on how they intend to manage their excess of cash to occur somewhere between the 1st quarter, when the European counter parts report similar performance based on rising credit debt and lag in human resources
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One of the Goodfellas
Re: Recession coming?
I'm really hoping not since I'm contemplating a career change.
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Decent college freshman
Re: Recession coming?
Anddddd the chatter continues to build.
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NBA lottery pick
Re: Recession coming?
Originally Posted by eliteballer
There could be a recession coming, but it's not certain.
It's certain, date and severity is uncertain.
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3-time NBA All-Star
Re: Recession coming?
Give the lockdown another month and we will be in a recession.
Trump Built This.
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Decent college freshman
Re: Recession coming?
Originally Posted by Lakers Legend#32
Give the lockdown another month and we will be in a recession.
Trump Built This.
As it pertains to the economy, you are completely asleep.
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NBA lottery pick
Re: Recession coming?
Originally Posted by Lakers Legend #32
Give the lockdown another month and we will be in a recession.
Trump Built This.
Originally Posted by Ben Simmons 25
As it pertains to the economy, you are completely asleep.
lakers legend- 1
ben simmons- 0
White House Says U.S. Could See Zero Growth This Quarter With Shutdown
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Le11th
Re: Recession coming?
**** man, I'm tryna buy a house in a couple of years.
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NBA lottery pick
Re: Recession coming?
Originally Posted by superduper
**** man, I'm tryna buy a house in a couple of years.
If your job is fairly secure or you have a skill or education that you are good enough at to be in demand, then you want a recession. I bought a rental right smack in the middle of the last recession. It's worth twice as much now. Should have bought another....maybe the next time around.
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wet brain
Re: Recession coming?
Originally Posted by Long Duck Dong
If your job is fairly secure or you have a skill or education that you are good enough at to be in demand, then you want a recession. I bought a rental right smack in the middle of the last recession. It's worth twice as much now. Should have bought another....maybe the next time around.
exhibit A: trump supporter making excuses why a recession is a good thing
but i thought trump was going to take us to new economic heights?
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