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Everything related to Economics, including its theory, its applications, its anecdotes, its study and its lessons. Please feel free to discuss and debate economic issues and how they impact our life.
"Ben Swann ON: Will The Economy Crash In 2020?" by Ben Swann on RT (2019-03-04)
submitted 5 years ago by JasonCarswell from youtube.com
[–]hennaojisan 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - 5 years ago (0 children)
Ten years ago the major requirement for a housing loan was getting through the door. Never get a variable-interest loan at the peak of a bubble.
[–]Jesus 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - 5 years ago (0 children)
BEFORE 2030. That's all we really know. That's IF, a big IF, the US can give up her national soverignty to the UN and agenda 2030 can be implemented with a digital currency backed by the SDR.
Another reason to take those Scary assault weapons (all firearms) before the collapse. Oh also, militarize the police.
[–]Farren 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 5 years ago (2 children)
TBH it looked like 2017-18 was primed for a recession what with many major retailers going out of business and auto industry leaning heavily into big trucks but slowing for small cars. But here we are in 2019: unemployment didn't spike, large vehicles are a good wave to ride on, and those who worked at the smaller auto plants that are closing/closed are redistributing to other jobs... Recession could still hold off for a few years, probably just long enough for the US politics to change hands and everything to be blamed on the other side.
[–]JasonCarswell[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 5 years ago (1 child)
I was sure it was going to hit in 2017. Everyone was saying so.
And then I learned about Presidential Plunge Protection Team. Sounds like a joke but it's legit. Naturally there's diverse propaganda and counter-propaganda on it: https://duckduckgo.com/?q=Presidential+Plunge+Protection+Team
[–]Farren 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 2 fun4 insightful - 3 fun - 5 years ago (0 children)
Jesus Christ... you'd think that market decisions would be based on data and facts, not on the president's buddy phoning up some bankers to tell them that all the numbers they're seeing are wrong, and they should buy stocks and lend money...
[–]hennaojisan 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - (0 children)
[–]Jesus 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - (0 children)
[–]Jesus 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - (0 children)
[–]Farren 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (2 children)
[–]JasonCarswell[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - (1 child)
[–]Farren 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 2 fun4 insightful - 3 fun - (0 children)