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Posted: 12/18/2016 4:28:28 AM EST
https://news.vice.com/story/its-beginning-to-look-a-lot-like-right-before-the-great-recession?utm_source=vicenewsfbads


Its beginning to look a lot like before the great recession


What are these schmucks getting at?
Link Posted: 12/18/2016 4:32:58 AM EST
Eh, would like to read, but not giving those assholes a click.
Link Posted: 12/18/2016 4:33:54 AM EST
They are idiots. The market is waay over inflated, but it has nothing to do with Trump. The Federal Reserve has royally fucked things up, and it will come crashing down in the next year. Look at the ‘80s for what happens next.

Link Posted: 12/18/2016 4:42:40 AM EST
Originally Posted By saigamanTX:

What are these schmucks getting at?
View Quote

Reads like they are trying to establish the new narritive.  Let "TRUMP'S FAULT" ring throughout the land.

A month away from the inauguration and anticipation of a further recession is being promoted. I would argue we have not been allowed to recover from the 2008-9 recession as a direct result of government policy and restrictive control.
Link Posted: 12/18/2016 4:53:46 AM EST
The left is praying (ok, hoping is a better word) for another Great Depression.
Link Posted: 12/18/2016 5:04:01 AM EST
Originally Posted By saigamanTX:
https://news.vice.com/story/its-beginning-to-look-a-lot-like-right-before-the-great-recession?utm_source=vicenewsfbads


Its beginning to look a lot like before the great recession


What are these schmucks getting at?
View Quote


Well yes. Pretty accurate but its not as if they are saying anything that isnt obvious.
Wall Street thugs are now running the country directly, thats why the financial sector, stocks, etc is expecting to bubble and of course to burst right after that (which the nice poor folks, along with middle class, upper middle class and rich) will pay for, just so that the super rich/elite can make a few more billions.
FerFAL
Link Posted: 12/18/2016 6:41:09 AM EST
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Originally Posted By SouthHoof:

Reads like they are trying to establish the new narritive.  Let "TRUMP'S FAULT" ring throughout the land.

A month away from the inauguration and anticipation of a further recession is being promoted. I would argue we have not been allowed to recover from the 2008-9 recession as a direct result of government policy and restrictive control.
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Originally Posted By SouthHoof:
Originally Posted By saigamanTX:

What are these schmucks getting at?

Reads like they are trying to establish the new narritive.  Let "TRUMP'S FAULT" ring throughout the land.

A month away from the inauguration and anticipation of a further recession is being promoted. I would argue we have not been allowed to recover from the 2008-9 recession as a direct result of government policy and restrictive control.


Correct on all counts.
Link Posted: 12/18/2016 7:12:16 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ferfal308:


Well yes. Pretty accurate but its not as if they are saying anything that isnt obvious.
Wall Street thugs are now running the country directly, thats why the financial sector, stocks, etc is expecting to bubble and of course to burst right after that (which the nice poor folks, along with middle class, upper middle class and rich) will pay for, just so that the super rich/elite can make a few more billions.
FerFAL
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Originally Posted By ferfal308:
Originally Posted By saigamanTX:
https://news.vice.com/story/its-beginning-to-look-a-lot-like-right-before-the-great-recession?utm_source=vicenewsfbads


Its beginning to look a lot like before the great recession


What are these schmucks getting at?


Well yes. Pretty accurate but its not as if they are saying anything that isnt obvious.
Wall Street thugs are now running the country directly, thats why the financial sector, stocks, etc is expecting to bubble and of course to burst right after that (which the nice poor folks, along with middle class, upper middle class and rich) will pay for, just so that the super rich/elite can make a few more billions.
FerFAL


NObama and the Dems would sell out the middle class in a heart beat, Trump because of his middle class support wouldn't at least in his first term. The real mess is the problem NObama and the Democrats own lock stock and barrel, it is student loans. With over a trillion outstanding student loans, if they allowed them to be bankrupted or forgiven it would destroy the economy.
Link Posted: 12/18/2016 9:45:13 AM EST
One thing about Trump; Soros and friendss ability to wreck the markets and walk away is pretty limited. Trump may have friends on wall street but they didnt support him, if they fuck him he'll send the DoJ, FBI, IRS and SEC after them. Basically Obama spent 8 years weponizing the goverment to use after political enemies, Trump will expect (demand) the same tools from these agencies.

Link Posted: 12/18/2016 10:03:20 AM EST
How about cliffs notes, don't care to visit a site that promotes man buns.
Link Posted: 12/18/2016 10:10:50 AM EST
Manipulating Inflation is what's going to kill us.
Link Posted: 12/18/2016 10:13:10 AM EST
it's not a crash, it's a correction.
Link Posted: 12/18/2016 10:16:08 AM EST
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Originally Posted By spartacus2002:


Correct on all counts.
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Originally Posted By spartacus2002:
Originally Posted By SouthHoof:
Originally Posted By saigamanTX:

What are these schmucks getting at?

Reads like they are trying to establish the new narritive.  Let "TRUMP'S FAULT" ring throughout the land.

A month away from the inauguration and anticipation of a further recession is being promoted. I would argue we have not been allowed to recover from the 2008-9 recession as a direct result of government policy and restrictive control.


Correct on all counts.


Yep! Obama kept us form having a recession by keeping us in the 2008-2009 recession.
Link Posted: 12/18/2016 10:49:48 AM EST
Economics from Vice?

Link Posted: 12/18/2016 12:37:21 PM EST
[Last Edit: 12/18/2016 12:37:38 PM EST by Combat_Jack]
Yes, we are recreating the same problems. I don't even know why this is a matter in question.
Link Posted: 12/18/2016 12:43:45 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Combat_Jack:
Yes, we are recreating the same problems. I don't even know why this is a matter in question.
View Quote


(taps sarcasm meter, frowning)
Link Posted: 12/18/2016 12:54:46 PM EST
Originally Posted By saigamanTX:
https://news.vice.com/story/its-beginning-to-look-a-lot-like-right-before-the-great-recession?utm_source=vicenewsfbads


Its beginning to look a lot like before the great recession


What are these schmucks getting at?
View Quote


As others have said, people have been saying this since TARP rolled out and the FED reinflated the bubble. So, not Trump's fault despite the effort to blame him.

When the bubble pops the best thing is to do is to not repeat all the bad policies FDR and his administration tried (all of which worsened and extended the economic depression).

Instead do what Calvin Coolidge did in 1920-1921, cut taxes AND cut government spending, and then let the market work it out without further government intervention.
Link Posted: 12/18/2016 1:07:39 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bhart89:
The left is praying (ok, hoping is a better word) for another Great Depression.
View Quote


They want upheaval.
Economic crash, war with China or Russia, a pandemic, whatever they can get.

Link Posted: 12/18/2016 1:10:10 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Atomic_Ferret:


They want upheaval.
Economic crash, war with China or Russia, a pandemic, whatever they can get.
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Originally Posted By Atomic_Ferret:
Originally Posted By Bhart89:
The left is praying (ok, hoping is a better word) for another Great Depression.


They want upheaval.
Economic crash, war with China or Russia, a pandemic, whatever they can get.

We need a real war to get the Millenials off the couch.
Link Posted: 12/18/2016 1:20:13 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By mnvwguy02:


As others have said, people have been saying this since TARP rolled out and the FED reinflated the bubble. So, not Trump's fault despite the effort to blame him.

When the bubble pops the best thing is to do is to not repeat all the bad policies FDR and his administration tried (all of which worsened and extended the economic depression).

Instead do what Calvin Coolidge did in 1920-1921, cut taxes AND cut government spending, and then let the market work it out without further government intervention.
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Originally Posted By mnvwguy02:
Originally Posted By saigamanTX:
https://news.vice.com/story/its-beginning-to-look-a-lot-like-right-before-the-great-recession?utm_source=vicenewsfbads


Its beginning to look a lot like before the great recession


What are these schmucks getting at?


As others have said, people have been saying this since TARP rolled out and the FED reinflated the bubble. So, not Trump's fault despite the effort to blame him.

When the bubble pops the best thing is to do is to not repeat all the bad policies FDR and his administration tried (all of which worsened and extended the economic depression).

Instead do what Calvin Coolidge did in 1920-1921, cut taxes AND cut government spending, and then let the market work it out without further government intervention.


That wouldn't sit well with the average voter. Government MUST do SOMETHING.
Link Posted: 12/18/2016 1:29:28 PM EST
There is mass over valuation of assets held by banking institutes. That why interest has been held low by the Fed - the more the money flows, the higher the vaues stays
When interest starts to climb, we will see massive deflation like never before.
And interest rates wil climb or the monetary system will fall apart.
Link Posted: 12/18/2016 1:51:20 PM EST
[Last Edit: 12/18/2016 1:52:02 PM EST by boltcatch]
Originally Posted By saigamanTX:
https://news.vice.com/story/its-beginning-to-look-a-lot-like-right-before-the-great-recession?utm_source=vicenewsfbads


Its beginning to look a lot like before the great recession


What are these schmucks getting at?
View Quote



They're getting at exactly what I've been saying for more than a year now; the Dems and the lefty media have barely kept a lid on their economic mess, and that if the GOP wins, all they have to do to try and burn it all down is start reporting shit they've been burying.

Honest reporting - and honest BLS figures - would have shown us in a recession for nearly all of Obama's time in office.

Vice is doing groundwork to set up another collapse. This shouldn't be surprising, since their owner was involved in engineering several of the runs that kicked off the October 2008 mess.
Link Posted: 12/18/2016 1:58:44 PM EST
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Originally Posted By Caeser2001:


That wouldn't sit well with the average voter. Government MUST do SOMETHING.
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No problem, just have to know how to market doing nothing as doing something.
Link Posted: 12/18/2016 2:15:35 PM EST
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Originally Posted By thehellbringer:

We need a real war to get the Millenials off the couch.
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During which war did you enlist?
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