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Thread: Recession coming without proper leadership

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    Quote Originally Posted by Legion View Post
    I don't see any reference to "proper leadership" in the opinion piece that Desh posted a link to.
    Why are leftists trying to talk down the economy?

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    Quote Originally Posted by #MAGA View Post
    Why are leftists trying to talk down the economy?
    the same shit you assholes said when this man and others like me were WARNING a great big mess was being created yet again by republican assholes deregulation

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    One well-known independent economist thinks it will happen even sooner—he’s looking for a global recession to start in 2019. A. Gary Shilling, president of his eponymous consulting firm, made two of the best contrarian calls of recent decades: he saw the mega-bull market in bonds at its very outset in 1981, and in the years before the 2008 financial crisis and Great Recession, warned repeatedly that the housing bubble would turn into a bust and would take the whole economy down with it.
    Now he says it’s once again time to batten down the hatches. Although he concedes that financial excesses aren’t what they were a decade ago and that the Federal Reserve is not raising rates willy-nilly—the two principal causes of recessions since World War II—he thinks the global economy will die a “death by a thousand cuts” in 2019.

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    Contrarian who called 2008 housing crash expects a recession this year


    being proven correct is meaningless to cons


    this guy CORRECTLY predicted the big recession


    While the republican party and their butt hole boys in the financial industry denied one was coming




    The right hates people who are proven correct


    It makes it harder and harder to lie to the people

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    Quote Originally Posted by reagansghost View Post
    yup, Trump's government shut down is negatively affecting quarterly GDP

    undeniabble

    They'll spin it into a Lie anyway ...

    Maybe he'll blame Obama or better yet, Hillary
    ONE-N-DONE, YOU GOT PLAYED; Time To Play-On
    Remember ... ELECTIONS HAVE CONSEQUENCES ... So STFU Bitch

  6. The Following User Says Thank You to Bourbon For This Post:

    evince (01-23-2019)

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    Voluntary regulation doesn't work, SEC's Cox says
    By Rex Nutting
    Published: Oct 23, 2008 10:32 a.m. ET



    WASHINGTON (MarketWatch) -- Financial regulators made "fateful mistakes" that helped drive the global financial system to the brink, said Chris Cox, chairman of the Securities and Exchange Commission, in congressional testimony Thursday. Cox said he and other regulators have learned many lessons, chiefly that "voluntary regulation does not work." Cox urged Congress to fill "regulatory gaps" that are still putting the economy at risk. "The lessons of the credit crisis all point to the need for strong and effective regulation, but without major holes or gaps." Cox said Congress should appoint a select committee to address the challenges of regulation on a comprehensive basis.

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    Quote Originally Posted by evince View Post
    Contrarian who called 2008 housing crash expects a recession this year


    being proven correct is meaningless to cons


    this guy CORRECTLY predicted the big recession


    While the republican party and their butt hole boys in the financial industry denied one was coming




    The right hates people who are proven correct


    It makes it harder and harder to lie to the people
    Replies: 39
    Views: 134

    to this thread


    everyone is reading it and the right here is terrified of it


    Like very other time for a decade that I post these cold hard undeniable facts.


    The republican party CREATES economic messes t push all the wealth further and further into FEWER hands folks

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    I have a massive amount of FACTS left to prove these things


    The republican party is evil and owned by the wealthy

    then Russia stepped in with cash to try and be the TOP buyer


    Did you now the Koch brothers daddy made the wealth he left them IN RUSSIA

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    In 1929, Koch's partner Lewis Winkler's former employer, Universal Oil Products (now UOP LLC), sued Winkler-Koch for patent infringement. Also that year, nearly three years before the patent case went to trial, Winkler-Koch signed contracts to build petroleum distillation plants in the Soviet Union, which did not recognize intellectual property rights.[12]


    https://en.wikipedia.org/wiki/Fred_C._Koch

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    If Trump crashes the US economy, and puts a screeching halt to the decade-long Obama Economic Recovery with his shutdown and foolish attempt at extortion, then he is going to have accountability for the economic crash hung around his neck.

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    He doesnt care

    what he doing is the Russians dictator bids him to do


    the republican party is soaked in Russian money

    they WANT this nation to be all tore to shreads

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    How many times are the American people going to sit back and watch the republican party crash the entire worlds economy to benefit the wealthy?

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