A recession worse than 2008 is coming

CNBC ^ | 01/15/2016 | Michael Pento

[GilGil]

Most importantly, the average market drop during the peak to trough of the last 6 recessions has been 37 percent. That would take the S&P 500 down to 1,300; if this next recession were to be just of the average variety.

But this one will be worse

[GilGil]

If this is true, may as well swear Trump in now!

[VTenigma]

This is what happens when you build an economy on a Marxist lie.

[griswold3]

Peddling ‘fiction’!
Obama’s Keynesian policies of fixing a debt crisis with more debt will save us. Just wait and see.
But in the long run, we’re all dead. <>

[Jeff Chandler]

[boycott]

Check out this link. We’re certainly heading into recession.

Wolf Street: Rail Shipments Indicate US Heading for Recession

http://wolfstreet.com/2016/01/07/rail-volumes-at-recessionary-levels/

[dangerdoc]

Looks like this summer will be time to buy.

[al_c]

Yep. The Dems have propped up the economy and it’s sure to tank eventually. And it’ll happen during a Republican presidency. Who do you think will get the blame?

[dragnet2]

I personally think were going to see a massive drop in spending in the future.

It’s going to make this look like the good times.

[HotKat]

And we’re gonna die!

[catfish1957]

This is what happens when you build an economy on a Marxist lie.

or on a limitless credit card.

[dragnet2]

Rail Shipments Plummet to Recessionary Levels

There ya go. Folks are rolling back on spending big league. It’s a comin and I’d guess it will probably be with us for several few years at minimum. Then again, it might become the new norm to go along with the decline of nearly everything else.

[tbw2]

And if a Democrat wins, 50-50 chance they will STILL blame it on Bush.

[Jim Shoe]

Of course, it’s the way they planned it. It was OB’s plan from the get-go - knock America out of the saddle, take us down a notch or two. Why shouldn’t we expect this to not happen? Guess we better tighten our belts, lock & load (perhaps) and hang on for dear life. I expect it to be worse before it will get better.

[sheik yerbouty]

More like Kenyan policies..

[Georgia Girl 2]

Zero hedge is saying deflationary recession. I say deflationary depression.

[MeganC]

Ouch.

[Intolerant in NJ]

A recession worse than 2008 is coming...is there no end to the dmamge George Bush has done???.....

[PROCON]

...is there no end to the dmamge George Bush has done???.....

[SkyPilot]

[Intolerant in NJ]

George W just might have the last laugh after all.....