Politics Is another recession/depression on the horizon?

Started by KingZ, Jul 15, 2018, in Life Add to Reading List

?

  1. Yes

    57.1%
  2. No

    28.6%
  3. Maybe

    14.3%
  1. KingZ
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    Jul 15, 2018
    All the signs are there or close to it. Ive heard many economists talking about this coming for a few years now. My father's best friend was a successful analyst for suntrust, also says another crash is going to happen in the next 3-4 years and he predicted the 08 crash a few years before. Corporate debt is high, inflation is high while wages are stagnant, premiums are sh--, and the stock market is due for a major correction anytime now.
    [​IMG]
     
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  2. reservoirGod
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    reservoirGod reckless adventurer.

    Jul 15, 2018
    The stock markets stop growing as soon as the GOPs tax scam kicked in in January.

    Of course we will have a recession... and we will survive... same thing happens every time the Republicans are in charge...

    Then the Democrats will come back and clean everything up and when everything is going good again white people will start getting pissed at minorities again and the electoral college will give the Republicans the presidency again.
     
    Last edited: Jul 15, 2018
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  3. Enigma
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    Enigma Civil liberties > Police safety

    Jul 15, 2018
    Yeah, we’re probably bound for another recession soon. I’d be surprised if we don’t have one before the end of 2020.
     
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  4. eddie313
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    eddie313 MUSIC TO BE MURDERED BY

    Jul 16, 2018
    Lol at asking SXN 80...
     
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  5. KingZ
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    Jul 16, 2018
    Im bored, why not? Always like a discussion.
     
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  6. KingZ
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    Jul 16, 2018
    If we have a second recession in the next 2 years it wont be all on trump or republicans. Obama f----- up by providing bail outs. He should have let the bottom drop out, we would be better off because of it. Of course the republicans do play a very large part tho.
     
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  7. reservoirGod
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    reservoirGod reckless adventurer.

    Jul 16, 2018
    Uhhhhmmm, the bail outs happen during Bush43.
     
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  8. KingZ
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    Jul 16, 2018
    Im in the middle, opinions on either side are important imo.
     
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  9. KingZ
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    Jul 16, 2018
    He played a huge part in maintaining and extending them. Bush signed them into law at the very end of his presidency. He played a big role in releasing more funds for TARP, an additional 300 something billion if i remember correctly.
     
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  10. reservoirGod
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    reservoirGod reckless adventurer.

    Jul 16, 2018
    Bush43 was President during the Emergency Economic Stabilation Act... it was a one time bailout.

    Obama was on the campaign trail at the time... McCain left his campaign to help spearhead the bailout with Bush.
     
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  11. KingZ
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    Jul 16, 2018
    Im talking about the TARP, the incoming obama admin worked with the bush admin to administer the TARP, he talks about it in his book. He played a pivotal role in passing it. The democrats are not somehow completely out of the blame for it lol.

    https://www.politico.com/story/2009/01/obama-gets-first-major-win-with-tarp-017504
     
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  12. reservoirGod
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    reservoirGod reckless adventurer.

    Jul 16, 2018
    TARP was apart of the Emergency Economic Stabilation Act passed when Bush43 was President.


    Obama still wasn't President at the time of the article was wrote that you linked.



    There is only one POTUS at a time.
     
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  13. SliK
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    SliK mad kunt

    Jul 16, 2018
    Australia didn't have the most recent one and won't have another one in the near future so whatever
     
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  14. KingZ
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    Jul 16, 2018
    I know he wasnt potus, youre completely missing my point. He still played a large roll in the bailouts and was the one who got the "win" for convincing the remaining democrat votes through in order to pass the second half of the bailout.
     
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  15. reservoirGod
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    reservoirGod reckless adventurer.

    Jul 16, 2018
    So funny how you are so desperate to give Obama credit for something that probably did help turn around the economy for over 10 years.
     
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  16. Enigma
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    Enigma Civil liberties > Police safety

    Jul 16, 2018
    Obama’s American Recovery & Reinvestment of 2009 saved the economy & prevented us from falling into another Great Depression.
     
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  17. Alchemist34
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    Alchemist34 DO MY HEAD

    Jul 16, 2018
    I'm heading for a great depression since my tinder crush isn't returning my texts
     
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  18. Australia
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    Jul 16, 2018
    fuar giv her da old uce willis left rite gud nite G! str8 up uso if she duznt repli tu ur txtz break her jaw so she cant reply tu any1, unlucky uso foa her!
     
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  19. Skux Daddy
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    Jul 16, 2018
    Just put your age gap up to 55+
     
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  20. Zebedee
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    Zebedee Banned

    Jul 16, 2018
    Don’t be clingy with it bro. There obv a reason. Shes probably found a much more handsome non-bisexual Albanian oz.

    Random thought: id love for there to be some sort of tinder app but solely for finding shemales.
     
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