Deutsche Bank Forecasts U.S. Recession For 2023-24

[newarkhiphop]

I don’t listen to no soft ass Dutch nikkas

Edit It’s in Germany but the name got Dutch in it so them nikkas Dutch. I hate that stupid ass name

 

[Saysumthinfunnymike]

The used car prices are just pure greed.... let's be honest

 

[Mega]

Hopefully it causes house prices to drop. I’ve been saving for the last year and a half.

I doubt we will see a housing crash like 2008

 

[Sbp]

I don’t listen to no soft ass Dutch nikkas

Edit It’s in Germany but the name got Dutch in it so them nikkas Dutch. I hate that stupid ass name

The proper name for German is Deutschland. And the Netherlands(Dutch) got their name from you guessed it... Germany. It means Low Countries.

 

[Originalman]

Hopefully it causes house prices to drop. I’ve been saving for the last year and a half.

 

[Originalman]

I doubt we will see a housing crash like 2008

Just knocking a few folks out the buyers market can make house prices come down....

 

[MoneyTron]

Who would have thunk it? The Democratic party will be unelectable for atleast a generation.

American hit major financial setbacks under Bush I, Bush II, and Trump. The public has a short memory.

 

[MoneyTron]

This isn’t surprising in the slightest as the signs were all there even if certain economists would tell you otherwise. With that being said, this could have been avoided had the Feds not chose to raise interests a year too late.

Hindsight is 20/20.

The market would have pitched an absolute tantrum if they had tried this in winter 2020/spring 2021. No one was prepared to do anything to rock the boat before we were sure there was some sense of post-Covid normalcy returning.

 

[Shabazz]

I doubt we will see a housing crash like 2008

Y not

 

[Thavoiceofthevoiceless]

Hindsight is 20/20.

The market would have pitched an absolute tantrum if they had tried this in winter 2020/spring 2021. No one was prepared to do anything to rock the boat before we were sure there was some sense of post-Covid normalcy returning.

There’s no hindsight 20/20 about it when you had some people saying it back what the Fed’s needed to do. Let’s not forget this is the same Fed’s that insisted that inflation was only transitional even when people including on The Coli insisted otherwise.

As I’ve said before, they threw money to solve the problem and now we’re going to have to deal with the ramifications of those decisions.

 

[Mega]

Y not

2008 was a different beast.
Literally anyone from 2004-2007 who had a heartbeat was getting Adjustable Rate NINJA loans. When the rates on those loans started to go up and folks could not refinance out those loans. It started the avalanche of foreclosures.

Today most current homeowners are locked into real low fixed interest rates
With the FED raising rates we will see home prices cool off for sure but not nose dive like 2008.

 

[Mega]

2008 Crash was wild.

 

[ignorethis]

told y'all this last year,

Lol and Yellen talking about raising interest rates at the fed, pretending the economy is healthy.

The US economy is damn near a ponzi scheme right now, they claimed they prevented an economic collapse, but they just delayed it, the rug is about to get pulled.

But this is part of the plan, America has to die to be born again. Nobody said industrial revolutions came easy.

but they're really still lying to prevent people from panicking, we're gonna enter a full-blown global depression, great depression 2.

 

[ignorethis]

Hopefully it causes house prices to drop. I’ve been saving for the last year and a half.

depends on where you're located, if you're in a prosperous city you're gonna see housing prices rise to levels never seen before, if you're in a dying city the bubble is gonna pop hard

 

[RARI_Godwind]