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I'm noticing a lot of chatter about the coming recession. Or whether we are actually currently in it.
I was too young to really experience the start of the last recession with respect to what was happening in the business world. Are there similar scenarios happening today as back then. What are experienced business-peoples thoughts?
Btw, this is not to be a doom and gloom post. Just looking for opinions.
He suggests TLT. I'm just curious, what is the lowest yield that the 20 year Treasury has ever gone down to? It's already at 2.3%. Imagine a catastrophic scenario where it goes down to 0.3%, a 40% capital gain.
He suggests TLT. I'm just curious, what is the lowest yield that the 20 year Treasury has ever gone down to? It's already at 2.3%. Imagine a catastrophic scenario where it goes down to 0.3%, a 40% capital gain.
The 20 year contant maturity hasn't dipped below 2.5% much in the last 50-60 years
I also noticed that Jerry Brown has implemented budgetary changes for California for a possible coming recession.
This guy may be the best example of a fiscally conservative democrat... and I think others politicians should take note.
Who would have thought that California of all places would be more financially prepared than most states?
It actually started several years ago. It has been hidden by unprecedented amount of money printing and astronomical world debt. Now countries everywhere are being buried by deflationary pressures caused by the massive overinvesting on the wrong areas of their economy (exactly the same as the Housing Bubble but much, much worse), and it is now being washed ashore. It won't be short. It won't be mild. And it won't be easily fixed. The only historical analogy is the Roaring 20s (similar type of distorted investment and stock market gambling environment) with the Great Depression that followed.
Whatever happens is baked in. The damage has been done and now we have to just wait and see how big the wave is that is coming ashore. Remember that it is the Bankers at the Fed that engineered it all.
It actually started several years ago. It has been hidden by unprecedented amount of money printing and astronomical world debt. Note countries everywhere are being buried by deflationary pressures caused by the massive overinvesting on the wrong areas of their economy (exactly the same as the Housing Bubble but much, much worse), and ask of it is now being washed ashore. It won't be short. It won't be mild. And it won't be easily fixed. The only historical analogy is the Roaring 20s (similar type of distorted investment and stock market gambling environment) with the Great Depression that followed.
Whatever happens is baked in. The damage has been done and now we have to just wait and see how big the wave is that is coming ashore. Remember that it is the Bankers at the Fed that engineered it all.
The definition of a recession is a contraction of GDP for two consecutive quarters - we haven't had this and therefore have not been in a recession for the last 2 years.
Now if your analysis is that the policies to get us out of the last recession (i.e. Central Bank policies and QE) will end up causing another recession through huge debt bubbles than I would agree without a doubt.
The definition of a recession is a contraction of GDP for two consecutive quarters - we haven't had this and therefore have not been in a recession for the last 2 years.
Now if your analysis is that the policies to get us out of the last recession (i.e. Central Bank policies and QE) will end up causing another recession through huge debt bubbles than I would agree without a doubt.
The problem is that for most people the last two years have felt like a recession and they keep their heads above water by taking on greater and greater debt. All the growth had gone to the top 1%. Government dictated definitions of debt are better classified as propaganda as opposed to any real life description of what people are experiencing.
I don't feel any recession, malls, restaurants, grocery stores are jam packed with people.
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