It’s time to start talking down the economy. The powers that be want to blame something on Trump. Get people despairing and ready for a change.
We have a winner. We will be hearing more of these stories over the next year whether based in fact or not. The democrats can’t run against the economy so they will try to either destroy it or make people believe it’s collapsing. It’s all they’ve got.
This will be pushed by MSM and all the democrat liberal talking heads. This is a democrat manufactured talking point.... it is all they have... hurt the people and say it is all Trump’s fault. I have been amazed at all the democrats and liberal talking heads making up and telling lies over and over.
The ONLY chance democrats have at the white house in 2020, and they know it, is a complete economic collapse... Or some other black swan event.
So the inversion curve has happened ever time prior to a recession.. sometimes by as much as 24 months? So tell me, exactly how long between inversion curves does this typically take?
24 months is a long window.
Business cycles, no doubt, but given the US economy has been restricted for nearly 2 decades, I hardly thing 2-3 years of growth have made up for the nearly 16 of anemic growth before it.
Recessions will come along. It is part of the business cycle and has been for at least two centuries. Sometimes it is correction. Sometimes it is because of wars and such. Most of the ones I remember have had a clear cause. End of Vietnam, Arab Oil Embargo, dot.com bubble burst.
They have always been predictable in hindsight for at least half a century. We always recover. People who stay in the market wait for the day they break even again and begin to grow value again. People who sell somewhere along the way brag about how fast their investments are growing back to where they were unless they were lucky enough to have new money to invest from the bottom.
The great recession is something the press tried to make happen for nearly two years before it finally did happen. It may not have been contrived but it probably was because of stupid greed and things like credit default swaps and gimme dat mortgages.
In March of 2008 I had bought two new tractors and was working out back, calls were coming in from people looking for people to do work, business was good. Things just felt good. By the end of summer it had all fallen apart at the seams as we remember. The crash didnt feel right. Recessions before this you could feel coming. If it was planned, they over did it.
I hate to see another one come along. If it is recession the media want it is probably recession they will have. They are always painful. We can never hit the middle of moderate and sustainable growth. Just like most things we lurch from extreme to extreme instead.
“Its time to start talking down the economy. The powers that be want to blame something on Trump. Get people despairing and ready for a change.”
That is why...
Apparently the first step was to talk down the spread between the U.S. 2-year and 10-year yields.