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Thread: JPP Nostradumbasses and their recession predictions

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    Default JPP Nostradumbasses and their recession predictions

    Given the blowout reading on GDP this past Friday, I thought it would be fun to post a few predicktions from JPPs resident economic nobel laureates. This is only a small sampling. I could have gone on for days

    Quote Originally Posted by katzgar View Post
    First quarter 2019 looks like 1.5%. He is such a fuck up. https://www.independent.co.uk/news/b...rce=reddit.com

    Quote Originally Posted by Cypress View Post
    For some weird reason, none of the promises and predictions Republicans made concerning their trickle down tax cut scheme seem to be panning out.

    We have record deficits, slowing economy, flat lining stock market, and people pissed off about getting smaller tax refunds.
    Quote Originally Posted by Nordberg View Post
    Fact is economic indicators, some of them very reliable are glowing red. There is a big chance that Trump will have to deal with a recession of his own making.3/4rs of corporate CFOs expect a recession in a bit over a year according to Barron polling.

    Quote Originally Posted by Jack View Post
    We could be legging down towards a Recession. After 10 years of going UP, ... it's about time it starts heading DOWN.
    Quote Originally Posted by Cypress View Post
    I hope I am wrong about this, but I have a bad feeling that Trump is going to crash the nearly decade long Obama Recovery that he was lucky enough to inherit.
    Quote Originally Posted by reagansghost View Post
    MAGA m'fuckers!

    the Trump Recession is well on its way
    Quote Originally Posted by reagansghost View Post
    recession imminent?
    Quote Originally Posted by LV426 View Post
    Yes. I believe that by this time next year, we will be in a recession. All the early indicators are there. The market is a bear market now. GDP growth for Q1 2019 is going to be shit.
    Quote Originally Posted by LV426 View Post
    None of this was unpredictable.

    In fact, we predicted this would happen.

    It was screamed from the rooftops this time last year that Trump and Conservatives were going to destroy our economy with their terrible policy; and now that's happening, suddenly they're all like "who could have predicted this?"

    We did. We predicted this.
    Quote Originally Posted by reagansghost View Post
    can't wait to see Trump's next televised rah rah speech about the Dow

    24K range around the corner, and GDP on its way south to recession

    Trump cultists = suckers
    Quote Originally Posted by reagansghost View Post
    sheds jobs, ADP says


    https://www.marketwatch.com/story/pr...ays-2019-04-03


    The Great Trump Recession will make Bush's look like boom times


    when will the voters realize GOP administration = recession and further destruction of our flagging middle class? wtf?
    Quote Originally Posted by reagansghost View Post
    there's definitely a recession right around the corner, and believe me the Dems will beat Trump's deranged orange head like a drum when it does

    tick tock...........


    meanwhile

    U.S. Auto Sales Hit Massive Speed Bump. Yes, Even Jeep Wrangler Sales Declined


    http://fortune.com/2019/03/01/auto-c...-honda-nissan/
    Quote Originally Posted by PoliTalker View Post
    Oh, it's coming. I'm just trying to figure out where the bottom will be after the fall.
    Quote Originally Posted by Nordberg View Post
    Many bankers see a recession much sooner and are elevating lending requirements, That, of course, will slow the economy down more. The pieces are in place for a real mess created by Daffy and his ignorance.

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    LOLOLOLOLOLOLOLOLOLOLOLOLOLOL !!!! Bunch of idiots !

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    There is almost zero chance of Trump losing if the economy keeps humming away like it has been.

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    Quote Originally Posted by Spookycolt View Post
    There is almost zero chance of Trump losing if the economy keeps humming away like it has been.
    That is why so many demalquedacrats are pushing impeachment

    It must be so sad being a democrat/NeverTrumper having to wish for a recession

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    If they try to impeach without a solid reason it will definitely cost them the election, probably the house also.

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    BHO told us that 1.9 GDP was the "new normal" get used to it? His handlers (NWO) assumed that BHO's fundamental changes would last forever....or at least through Obama redux Hillary 101.

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    Quote Originally Posted by Spookycolt View Post
    If they try to impeach without a solid reason it will definitely cost them the election, probably the house also.
    There's plenty of reasons in the Mueller report.

    Have you read it?
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by Ralph View Post
    BHO told us that 1.9 GDP was the "new normal" get used to it? His handlers (NWO) assumed that BHO's fundamental changes would last forever....or at least through Obama redux Hillary 101.
    The big mystery in the GDP report — where did the inventories come from?

    We got high GDP growth because of inventory stockpile, not economic activity.
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    Quote Originally Posted by LV426 View Post
    There's plenty of reasons in the Mueller report. Have you read it?
    There are? Cite these alleged "reasons."

    I'll understand if you can't, naturally.

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    Quote Originally Posted by LV426 View Post
    We got high GDP growth because of inventory stockpile, not economic activity.
    How come Obama didn't think of that?

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    Quote Originally Posted by LV426 View Post
    There's plenty of reasons in the Mueller report.

    Have you read it?
    What is Pelosi waiting on?

    Will you be sad if she doesn’t?

    She is in a real bind right now.

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    Quote Originally Posted by Teflon Don View Post
    What is Pelosi waiting on?

    Will you be sad if she doesn’t?

    She is in a real bind right now.
    We have hearings scheduled to start for May 5th.

    Hold the hearings, expose Conservative corruption, then impeach based on what the hearings produce.

    I would hold hearings all summer long, among every single House Committee, and force Trump, Conservatives, and the GOP to defend this shit for the next three months. I'd call every single member, past and present, of the Trump Administration. I'd subpoena McConnell and GOP leadership to testify before the House why they refused to go along with Obama's denunciation of Russian attacks in 2016. I'd subpoena Bannon, Kushner, Don Jr, and Pence.

    Then, once the summer is over and we're in the fall, hold impeachment vote then. Put it all on McConnell and make that the focus of the 2020 election.
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    The arrogance of the OP is exactly the same arrogance Trump's Economic Advisor Larry Kudlow had in 2005:

    The Housing Bears Are Wrong Again
    By LARRY KUDLOW
    June 20, 2005 2:40 PM
    Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market.
    https://www.nationalreview.com/2005/...-larry-kudlow/

    Of course, Kudlow was wrong and all the "bubbleheads" were right.

    Kudlow is Trump's chief economic adviser.
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    Quote Originally Posted by Teflon Don View Post
    Given the blowout reading on GDP this past Friday, I thought it would be fun to post a few predicktions from JPPs resident economic nobel laureates. This is only a small sampling. I could have gone on for days
    Fun to see how they live in your head and that you're compelled to imagine you're now living out yet another impotent revenge fantasy.

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