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Old 04-04-2016, 07:26 PM
 
Location: Orange County, CA
4,901 posts, read 3,363,072 times
Reputation: 2975

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Surprised that nobody has posted about this yet...

Trump predicts "very massive recession" in U.S.

Any thoughts?

Mind you, he definitely isn't the only wealthy person out there who feels that US economic system is in grave danger (Overstock CEO comes to mind)...
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Old 04-04-2016, 07:41 PM
 
Location: Sonoran Desert
39,076 posts, read 51,246,227 times
Reputation: 28325
There will be if he or Bernie are elected and succeed in wrecking world trade.
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Old 04-04-2016, 07:54 PM
 
Location: Pyongjang
5,701 posts, read 3,223,962 times
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We are due for a recession so it will happen. Massive is pretty subjective so there isnt too much to debate here.
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Old 04-04-2016, 07:56 PM
 
Location: Florida
23,795 posts, read 13,269,029 times
Reputation: 19952
Quote:
Originally Posted by Lycanmaster View Post
Surprised that nobody has posted about this yet...

Trump predicts "very massive recession" in U.S.

Any thoughts?

Mind you, he definitely isn't the only wealthy person out there who feels that US economic system is in grave danger (Overstock CEO comes to mind)...
Actually thought it was ridiculously transparent that he was doing what he always does--fear mongering.

You left out the part where he implied only he alone could prevent it and save the country. Kind of like a Bruce Willis movie.

He sounds as if he is becoming exceedingly desperate for votes.

https://www.washingtonpost.com/polit...f33_story.html

Trump's prediction of 'massive recession' puzzles economists | Reuters

Trump predicts massive recession but economists say he's wrong
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Old 04-04-2016, 08:02 PM
 
Location: louisville
4,754 posts, read 2,740,800 times
Reputation: 1721
Former head of the Dallas fed:

http://www.linkedin.com/pulse/americ...1mayozwwiK5nc1
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Old 04-04-2016, 08:03 PM
 
45,233 posts, read 26,457,645 times
Reputation: 24992
Quote:
Originally Posted by Enigma777 View Post
Actually thought it was ridiculously transparent that he was doing what he always does--fear mongering.

You left out the part where he implied only he alone could prevent it and save the country. Kind of like a Bruce Willis movie.

He sounds as if he is becoming exceedingly desperate for votes.

https://www.washingtonpost.com/polit...f33_story.html

Trump's prediction of 'massive recession' puzzles economists | Reuters

Trump predicts massive recession but economists say he's wrong
Not a trump voter, but I wonder if those puzzled economists are the same ones that didn't see the last collapse coming? I'll bet they are.
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Old 04-04-2016, 08:50 PM
 
Location: louisville
4,754 posts, read 2,740,800 times
Reputation: 1721
Quote:
Originally Posted by Frank DeForrest View Post
Not a trump voter, but I wonder if those puzzled economists are the same ones that didn't see the last collapse coming? I'll bet they are.
Same economists who state debt is sustainable... Aka keynesian.
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Old 04-04-2016, 08:55 PM
 
Location: Santa Monica
36,853 posts, read 17,373,891 times
Reputation: 14459
Quote:
Originally Posted by Stymie13 View Post
Same economists who state debt is sustainable... Aka keynesian.
Austrian > Keynesian
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Old 04-04-2016, 09:06 PM
 
Location: louisville
4,754 posts, read 2,740,800 times
Reputation: 1721
Quote:
Originally Posted by No_Recess View Post
Austrian > Keynesian
Could have swore he was British... That's how I answered it in Econ but that was many moons ago
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Old 04-04-2016, 09:32 PM
 
20,524 posts, read 15,909,938 times
Reputation: 5948
Trump or NO Trump; we're going to have a real bad recession very soon IMHO. Tho we never came OUT of the biggie of 2007.
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