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A Recession Before 2020 Is Likely

28 pointsby cgmilabout 7 years ago

2 comments

Bucephalus355about 7 years ago
Recession would be caused by the fact that $10 trillion was poured into the economy during the Global Financial Crisis. Yet all this money failed to really stimulate GDP. The reasons it failed are extensive and likely were beyond fixing by any Central Banking policy anyway.<p>It also was worsened by the fact that likely another $5-$10 trillion is leaking into world’s economy, unreported, via opaque Chinese banking regulations and currency schemes. One way this has been deduced is that if you add up all the values of the world’s exports and imports...they should equal each other right? But the thing is...they don’t, and they’re off by trillions of dollars.<p>td;lr: it’s like a person taking steroids for the last 10 years, only bench pressing a few more pounds by the end of it, all the while aging and building disease on the inside. And also they’re committing wire fraud.
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brad0about 7 years ago
This is really cool and I wish I knew more statistics to fully grasp it.<p>I can’t see what would cause the recession though. Interest rates are only just starting to rise.<p>Though to be fair if the media says the economy is good then it’s time to pull out. If the media says the economy is bad it’s time to invest.