Do you think a recession is looming and why or why not? (unemployment, March) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - City-Data Forum

Mtnluver8956 · 03-07-2019, 05:23 PM

Curious....

https://www.youtube.com/watch?v=w75Wl66eG8Y

turkeydance · 03-07-2019, 05:26 PM

yes.
always.
looming.
but EXACTLY when?
an economic BOOM
is also always looming.

andywire · 03-07-2019, 05:30 PM

Of course. We always have a recession eventually. Humans can't march forward forever. Sometimes they need a break, or at least a slowdown. This is why it's important to save money for a rainy day. You never know what's around the corner.

Recessions aren't something to be afraid of. They are an ordinary part of the economic/business cycle.

somebodyfromnc · 03-07-2019, 05:34 PM

As already said, every boom has to come to an end at some point. If I knew when, I'd be a very rich man.

Kibby · 03-07-2019, 05:34 PM

2019 should be fine - GDP up, employment up, unemployment at record lows, Trade Talks going well. Too early for the Leftists to make their move against the US Economy.

2020 is a different kettle of fish ..... IF the Leftists can figure out how to do it .....
They will attempt to Crash the Economy .... all for possible Political gain.
Late Summer, Early Fall ..... right before the 2020 Election.

CCbaxter · 03-07-2019, 05:36 PM

I think so, but hopefully slow and shallow.

James Bond 007 · 03-07-2019, 05:43 PM

Quote:

Originally Posted by Kibby

2019 should be fine - GDP up, employment up, unemployment at record lows, Trade Talks going well. Too early for the Leftists to make their move against the US Economy.

2020 is a different kettle of fish ..... IF the Leftists can figure out how to do it .....
They will attempt to Crash the Economy .... all for possible Political gain.
Late Summer, Early Fall ..... right before the 2020 Election.

I love the way some people set up their arguments so that only leftists can crash the economy. Somehow, they seem to forget that republicans hold 2/3 of the power in Washington.

greywar · 03-07-2019, 05:46 PM

Absolutely. We have a boom and bust capitalistic system. This isnt political, no matter who is running it a bust will occur. 20% odds this year. 70% next year.

Tonyafd · 03-07-2019, 05:48 PM

Leading economic indicators were down here last month.
Leading economic indicators are down in Germany, France, and Britain.

Treasury yield curve is almost flat
Gold is up since December

If Trump's economy falters in the third quarter next year, the media will be on it like white on rice.

Mathguy · 03-07-2019, 05:50 PM

Well, I never believe a you-tube video unless it has flames flickering at the edges and ominous music.

So, check and check!