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Old 08-14-2019, 11:05 AM
 
Location: Columbia, SC
19,003 posts, read 10,460,163 times
Reputation: 7428

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Quote:
Originally Posted by WaldoKitty View Post
Poor Democrats.

Been telling us that Trump is in Trouble since the day he announced he was running 4+ years ago.


They have been wrong every single time. Why? Because the alternative is a crazed Democrat.



Self Deception by definition can't be perceived by the sufferer.
The Dow is down 750 points right now, and 1,800 since the high on July 15.

You can call it a rose, but it smells more like the BS the rose grew in.
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Old 08-14-2019, 11:05 AM
 
Location: Scottsdale, AZ
15,375 posts, read 12,728,138 times
Reputation: 27388
Liberals would rather cut off their nose to spite their face than see our country/President succeed. Most Liberals don’t have 401ks anyway. Lol

Extreme Terminal TDS!

We can lose 5000 points on the DOW and still be better than when Obama left office.
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Old 08-14-2019, 11:06 AM
 
Location: Columbia, SC
19,003 posts, read 10,460,163 times
Reputation: 7428
Quote:
Originally Posted by Ferd View Post
liberals all over the country are all excited because Americans are about to suffer.


nice
All the Liberals will be dancing in the streets when the Trump Depression hits next month.
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Old 08-14-2019, 11:07 AM
 
Location: The middle of nowhere
9,619 posts, read 4,433,251 times
Reputation: 8158
Quote:
Originally Posted by turkey-head View Post
Trump's fate hinges on what the economy does. It's true of any president, but even more so with Cheeto Von Tinyhands. People are willing to put up with his antics as long as things are going well... but they'll be quick to turn on him if we really do have a recession.

Tinyhands knows this. That's why he sends panicky tweets about the Fed daily. If he can keep the markets afloat another 15 months, he'll get a second term.

If not, he'll go down in history as a one-term mistake.
A one-term mistake that it will take at least a decade to recover from. Millennials may be a lost generation economically due to the one-two suckerpunch of the 2008 financial crisis and then the Trump recession/depression.

Bush's approval rating went into the 20s during the 2008 financial crisis. I imagine Trump's will do the same next year when the economy is shedding 500,000-1 million jobs per month.
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Old 08-14-2019, 11:10 AM
 
Location: The middle of nowhere
9,619 posts, read 4,433,251 times
Reputation: 8158
Quote:
Originally Posted by cuebald View Post
All the Liberals will be dancing in the streets when the Trump Depression hits next month.
Really? We're looking at a very rough 5-7 years ahead for the USA. Everyone will either lose their job or somebody they know will. It doesn't matter if you are liberal, conservative, Christian or non-Christian. The next few years are going to be the most perilous economic years of our lifetimes and only one person is to blame; Donald Trump.
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Old 08-14-2019, 11:10 AM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
25,900 posts, read 14,398,194 times
Reputation: 6734
Quote:
Originally Posted by TwoByFour View Post
An inversion of the yield curve on US Treasuries is a very accurate predictor of recessions and it just inverted today. The one thing, and probably only thing, that Trump has going for him is the economy. If that goes south on him, which is now looking highly likely, he is going to be booted out of the White House.

https://finance.yahoo.com/news/yield...102034083.html


In late 2014 the Obama admin stated that we would enter a recession in 2017, no matter who got into office




so now a single predictor, (which has been kinda accurate,) shows that we could enter a recession in 18-24 months
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Old 08-14-2019, 11:11 AM
Status: "Relax and eat a cookie." (set 4 days ago)
 
9,105 posts, read 11,110,616 times
Reputation: 13228
A lot of economists are saying we're due for one. Time will tell, but I'm betting it will happen.
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Old 08-14-2019, 11:12 AM
 
Location: Tip of the Sphere. Just the tip.
4,043 posts, read 1,738,913 times
Reputation: 4824
Now even though I think Trump is a dumpster-fire, I don't think he's the *cause* of our upcoming recession. IMO it's inevitable, and would already be well underway had we elected Hillary.

Tinyhands and the GOP have prolonged the Obama Recovery by turning on the money-firehose and spending like there's no tomorrow. Handing out tax breaks and deregulation to The Swamp... all at the expense of future generations.

Had Hillary been elected, these same Republicans would have clamped down on spending everywhere possible and blamed the ensuing recession on Hillary. Because they're ****s.

Either way, we're at the end of a LONG bull market. A recession is gonna happen regardless of who is in power. Just a question of timing, and what the trigger will be.

Note that a trigger isn't the same thing as an underlying cause. The Tinyhands Trade War may well trigger the Trump Recession. But if not for that trigger, it would've been something else. Bull markets don't last forever.
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Old 08-14-2019, 11:13 AM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
25,900 posts, read 14,398,194 times
Reputation: 6734
Quote:
Originally Posted by bawac34618 View Post
A one-term mistake that it will take at least a decade to recover from. Millennials may be a lost generation economically due to the one-two suckerpunch of the 2008 financial crisis and then the Trump recession/depression.

Bush's approval rating went into the 20s during the 2008 financial crisis. I imagine Trump's will do the same next year when the economy is shedding 500,000-1 million jobs per month.
this upcoming recession, if it happens, will be tiny
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Old 08-14-2019, 11:15 AM
 
Location: Kansas City, MISSOURI
10,151 posts, read 3,098,774 times
Reputation: 7738
Quote:
Originally Posted by workingclasshero View Post
this upcoming recession, if it happens, will be tiny
The 1990 recession was a mild recession, but was enough to topple George Bush and elect Bill Clinton.

In fact, by the time the 1992 election arrived it had technically been over for a year or two, but that was still enough to see Bush booted out of office.
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