[RobRoy]

>>30-year fixed mortgage interest rate = 5.9% (bankrate.com)

unemployment rate = 4.7% (bls.gov)

Worst economy since Hoover!/sarc<<

Like I said, the positive news comes with playing creative with numbers.

Your post is like a guy that is living off credit cards, has maxed out all but one, and is within ten percent of max on that one, saying “I’m making all my payments and we have more stuff than ever!”

Get back with me in a few months.

Or, in the case of our current economy, the few months are up.

[riverdawg]

Just curious - what, exactly, is your evidence that warrants gloom-and-doom?

Some people have been posting economic-doomsday scenarios on FR for 3 or 4 years. Yes, eventually there will be an economy-wide recession and they will crow, “I told you so!” But I won’t be impressed ...