bUT tHe ExpERTs!!!
The recession predictions were about as accurate as the global warming predictions.
Yeah but… TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP!!!
In other economic news my 2 IRA’s are up 9% year to date and my 401k is up over 13%, but that may include my contributions.
Give it time.
1 Like
Give us a date Mr Doom and Gloom.
Because TACO.
Too many variables… especially when we have a POTUS causing such herky jerky on-again-off-again activity in the markets and monetary systems.
FOR FUCK’S SAKE
FOR FUCK’S SAKE
What is funny is if you say there is a recession every week, eventually you will be right.
3 Likes
To be honest, just due normal market volatility, there will almost certainly be a small recession during the next 3 1/2 years, and the “experts” will say “I told you so”, while wholly ignoring every other economic indicator and the fact that there was a recession under Biden.
It is like Nostradamus, make vague, ambiguous predictions and when something close to what you said happens you jump up and down like you knew it all along.
There was no recession under Biden.
The first two quarters of 2022 had negative GDP growth.
No matter what the Orwellian ministry of truthiness says, that is a recession.
I diagree, just beacuse we used that definition in the past, doesn’t mean it applies to biden.
It’s as close to an official definition as we currently have.
Agreed, I tend to not trust secret organizations that don’t disclose their methods but just say, “trust us, we are experts”.
The issue is they used different criteria for Biden
Correct, it is almost like Winston Smith was working there.
We had a negative first quarter because of Trump’s tariff war. 100% if he hadn’t backed off, we’d be in a full fledged recession by now, possibly worse.
You use the word TACO because it is a cute little left wing dig at Trump.
Instead of actually admitting that Trump has a good feel for economics.
Part of that feel is being willing to shift his position depending on the circumstances and depending on the actions of others.
Economics is a moving target, not every economic theory or stance works 100% of the time.
1 Like
Even if he had good instincts, I don’t think 21st century economic policy should be made by the seat of the pants. Much less throwing markets into turmoil and profiting from it.