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View Poll Results: Has the American economy entered into a recession?
Yes 89 42.58%
No 120 57.42%
Voters: 209. You may not vote on this poll

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Old 02-27-2020, 04:35 PM
 
Location: Salisbury,NC
16,761 posts, read 8,207,350 times
Reputation: 8537

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Quote:
Originally Posted by jjbradleynyc View Post
Markets go up, and they go down. This is a coronovirus "scare" and hysteria, caused by the outbreak. I *think* it will get under control, and markets will be back up and roaring strongly again in a few days.

Recession is a Democrat and left driven media dream, so that Trump is ideally not re-elected.

The Democrats are so giddy now that stocks are dipping a bit. It's desperation and panic, because Lord knows, they got absolutely nothing else.
More telling then that. The Fed needing to inject liquidity in the overnight credit markets was worrying. Treasury sucking up all the liquidity due to funding the GOP Trillion dollar deficit another problem.


Just a shaky market waiting for a reason to get out with profit. Trump's bad job at the podium the final nail in the box.
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Old 02-27-2020, 04:36 PM
 
Location: Brooklyn, NY
10,054 posts, read 14,418,692 times
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Quote:
Originally Posted by jbtornado View Post
LOL so recessions are just fairytales that never happen?
What I'll say to that is that Democrats live in a fairytale world of "recession right around the corner" for 3 years+.

They've been trying to impeach Trump since day 1, and are so low and desperate at this point, that most Democrats would root for a recession if it weakened Trump's re-election.
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Old 02-27-2020, 04:38 PM
 
11,988 posts, read 5,289,311 times
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It's probably just the corona virus scare, but historically speaking, we’re overdue for a recession.
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Old 02-27-2020, 04:42 PM
 
Location: The Republic of Gilead
12,716 posts, read 7,804,676 times
Reputation: 11338
Quote:
Originally Posted by jjbradleynyc View Post
What I'll say to that is that Democrats live in a fairytale world of "recession right around the corner" for 3 years+.

They've been trying to impeach Trump since day 1, and are so low and desperate at this point, that most Democrats would root for a recession if it weakened Trump's re-election.
Some, such as that comedian who I forget his name, would. However, given the fact I still haven't come back from the 2008 recession and knowing another one of that magnitude right now could cause me to end up bankrupt, I'm definitely not.
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Old 02-27-2020, 04:45 PM
 
Location: Brooklyn, NY
10,054 posts, read 14,418,692 times
Reputation: 11232
Quote:
Originally Posted by Boss View Post
More telling then that. The Fed needing to inject liquidity in the overnight credit markets was worrying. Treasury sucking up all the liquidity due to funding the GOP Trillion dollar deficit another problem.


Just a shaky market waiting for a reason to get out with profit. Trump's bad job at the podium the final nail in the box.
Well, I certainly hope a recession is not coming now. I don't want to see anyone's business dip, or anyone laid off, or anyone struggling to keep their house, like in 07/08.

We'll see what happens here, but I think this is only the virus reaction.
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Old 02-27-2020, 04:47 PM
 
Location: Salisbury,NC
16,761 posts, read 8,207,350 times
Reputation: 8537
Quote:
Originally Posted by jjbradleynyc View Post
Well, I certainly hope a recession is not coming now. I don't want to see anyone's business dip, or anyone laid off, or anyone struggling to keep their house, like in 07/08.

We'll see what happens here, but I think this is only the virus reaction.
I hope not also.
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Old 02-27-2020, 04:51 PM
 
Location: Long Island
32,816 posts, read 19,471,329 times
Reputation: 9618
Quote:
Originally Posted by Cruz Azul Guy View Post
At market close on Thursday it is looking like the worst week on Wall Street since 2008. At this point I can’t help but wonder if it’s officially the beginning of an economic recession?
nope... not a recession.... certainly a correction..... but not a recession....
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Old 02-27-2020, 04:52 PM
 
943 posts, read 1,320,635 times
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The travel industry is already starting to report that it is being devastated. United Airlines just reported that travel to China is now zero (obviously) and to the rest of Asia is off by 75%.
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Old 02-27-2020, 04:54 PM
 
1,503 posts, read 606,716 times
Reputation: 1323
Manufacturing failing for 7 straight months now:
https://tradingeconomics.com/united-...ing-production

FedRes pours about $75Bln into economy each month for this period (another QE, just like 2009-10):
https://www.federalreserve.gov/monet...centtrends.htm

Great economy! No recession ahead! Buy more stocks!
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Old 02-27-2020, 04:55 PM
 
8,378 posts, read 4,359,448 times
Reputation: 11880
Quote:
Originally Posted by Pilot1 View Post
^^^^This. The market downturn is also temporary due to the virus over hype and lies generated by the enemies of America, the Democrats and the MEDIA.
So now republicans are trying to blame a virus outbreak on the democrats?
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