Great Depression 2020 News Thread

[null]

Saying that there will be a depression in 2020 is the equivalent of fortune tellers that state that a famous celebrity will die in 2020.

Can you define what a recession is for starters so we can pin down what exactly you are referring to?

Yes, we will be screwed when the recession hits because Trump has handicapped the Federal Reserve's ability to fight off a recession among other terrible policies that bring short term profits and long term pain.

However that is not the tone of your argument. You don't just drop a 40 minute video in your first post and mic drop. You need to explain your beliefs and positions better.

I'll be back breh. My cazack colleagues are still trying to get me out of here and I have stuff that I need to focus on for now.

The general idea is that the "recovery" since 2008 has been largely smoke and mirrors and that our economies have been kept on life support by the printing of money. This according to "some" (MMT?) is not inflationary but it is.

The excessive debt within the system has not been corrected as it would normally be during an economic cycle. Interest rates are historically low. National debt historically high. We find ourselves at the precipice of a turn for the worse and this time we do not have the (historical) tools to fight it so it's likely that they will print.

That will take us into uncharted waters.

 

[ConPHIdential]

It's supposed to be high. That's why crashes happen, cause shyt is overpriced and overinflated. Are you dumb?

I’m just alluding that we’re not in a depression fam.

 

[null]

Okay. What’s YOUR definition of a economic downturn???

Look outside your window ...

Oh and bump !!!

 

[Wild self]

The blue hairs and corporate elite are gassed right now.

Especially that this orange fukk cheated impeachment.


We will be in the black untill mid 21 when the fukkery begins.

This post aged very, very badly.

 

[FreedMind]

My stocks say otherwise.

 

[Tug life]

Oil is plunging Oil Drops to 18-Year Low on Global Demand Crunch, Storage Woes

Huge bets against the stock market
Bets Against the Stock Market Rise to Highest Level in Years

Disney cut half it's workforce
Subscribe to read | Financial Times

But the Coli told me the economy is gonna bounce right back and everything will go back to normal

 

[ConPHIdential]

My portfolio is at an all time high. I’d have no problems showing proof if needed.

 

[FreedMind]

My portfolio is at an all time high. I’d have no problems showing proof if needed.

That's good brother we were worried.

 

[Jean Jacket]

This post aged very, very badly.

I take no responsibility...

 

[Mr. Negative]

the stock ticker at the bottom of every news channel is another language that the common man doesn't understand.

 

[null]

My portfolio is at an all time high. I’d have no problems showing proof if needed.

But breh (as someone tried to point out) the stock market is dislocated from the real economy. High stock prices are not a sign of a healthy economy.

The underlying weakness of the US economy must be visible to most by now.

 

[Tug life]

My portfolio is at an all time high. I’d have no problems showing proof if needed.

I'll take you up on that offer.

 

[ConPHIdential]

I'll take you up on that offer.

Here you have it.

 

[null]

See when people say silly shyt like this is just devalues any real point you might attempt to make

you’re talking emotionally. you not talking facts right now

True dat. I said 2020 though so we will know soon enough.

Oh and bump.

 

[Thethirdpew]

My portfolio is at an all time high. I’d have no problems showing proof if needed.

Your portfolio is up because of the inflated stock prices. Sheesh I hate when people new to stocks post dumb things like this .