"Ben Swann ON: Will The Economy Crash In 2020?" by Ben Swann on RT (2019-03-04)

submitted by JasonCarswell from youtube.com

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[–]Farren 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (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 - 2 fun -  (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 - 3 fun -  (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...