HOLY SHIT IT'S GOING TO HAPPEN. It's getting evident with each passing month here.
I have been following news of a recession on google news ever since the last recession. What many will tell you is that there is only a 10 to 15 percent chance of a recession in the coming two years, but this is far from the truth if you look at all the data. The real number is really at 50 percent chance of recession.
They also go on to say that export dependent nations will be hit very hard, so will the United States, but more to do with political repercussions as presidents always get blamed for such events, even when they have no direct control over it.
As someone in the know puts it
>This time the recession will be different. >Over 30 percent of malls will close down. >Sears unlikely to make it pass 2018 >Even a mild US recession will have GLOBAL implications.
Now I do not know much about economics or business, or how these things work, but almost all the articles I have read in the last month or two have been on a decline, from forbes to market watch to cnn to everything I can get my hands on that has the word "Recession" is that it's coming within the next 2 years, and that it will be a GLOBAL event.
Who knows Sup Forums we might just get a legit socialist demonrat in 2020.
Take your pick, these are from the last couple of days.
>Now I do not know much about economics or business, or how these things work, Then don't pontificate about it
And yes everyone already knows, we're very overdue for a correction, and it will center around private debt and thus retail
Logan Allen
>socialist demonrat in 2020. Depends on how much Trump gets his claws into the system Oddly enough he might make the right financial choices because he's been in bankruptcy before and knows how to run a business If he consolidates enough power to get what he wants done (he already has the Senate and House for repubs) then he might have a shot, IF he does the impossible -- which he's already done once by winning the election. If he fails, however, kiss conservatism and a deregulated market goodbye FOREVER, because by 2030 we will have legit Marxists in positions of power and they WILL destroy personal liberties left and right
David Cruz
Millenials ain't got no money, Boomers all have Alzheimers' and couldn't get to the mall even if they wanted to.
GenX is too small to make much of a difference but they don't have much money either.
Basically this is the end of the party started back in the mid-70s by the Boomers. Money's all gone, nothing's left.
Sebastian Moore
This site has correctly predicted 200 of the last 2 recessions. 24/7 100% Economic Doom Porn. You can jerk off to it while eating spam in your bomb shelter.
We ARE overdue for a recession. And there are massive systemic problems with the ENTIRE ponzi scheme Babylonian Money Magic sytem. But they pulled 10 TRILLION dollars out of their ass in 2008, so who knows what crap they can come up with next time?
Jacob Lee
They're going to shut down credit and replace it with vouchers
Owen Roberts
So, is there a chance that this recession will be just as bad or worse than the last one? I want the good old days of happenings on here anons. I mean what would it take for a FDR era depression?
Connor Nguyen
Money is just paper remember. If they need more money, they can always make more appear when its convenient. I'm sure the elite have it all figured out. They don't want their resources and servants to die, so they'll reinvest just enough to make sure we're good for the next 8 years.
Nathan Myers
And it will keep happening until the Fed gets audited/destroyed completely.
They control the interest rates by setting the rate to whatever the fuck they see fit, and they basically control how much inflation we have because they print the money.
AND they do this COMPLETELY independent of our government, no elected official has any control over the fed in any way.
Huh, who knew we actually had 4 branches of government and one of them is not elected in any way at all. SC isnt directly elected but they are indirectly by who the "people" vote for in the president/senate.
Nathaniel Barnes
Great point, unfortunately it's true. No one but God knows when it's going down.
Chase Robinson
Yes, but the Jews reject the concept of God and think that they are God. So when it happens, just remember that the Jews did it.
Joshua Gonzalez
Sears is a shit company.
Malls are overrun with niggers, so no one shops there any more.
I made a lot of money during the last recession, bring on the next one.
Isaiah Bennett
Ban fractional reserve banking
Oliver Roberts
>50% chance of recession.
It will or will not happen, so yeah I'd say that's spot on.
Easton Kelly
Housing is still going up though.
Brody Watson
>so who knows what crap they can come up with next time?
Another 100 trillion.
Elijah Price
ive seen threads like these for the last 5 years 0 credibility 100% speculation on sugar picked economic variables
So many countries are in either an economic bubble or doing poorly economically.
Once the bubbles begin to burst not only will some countries go into a recession but other countries will enter a depression This is what will cause numerous civil unrests in the coming years. People are tired of the lack of prosperity and they will overthrow their governments and replace it with populist politicians
In other words its the build up to WW3
Thomas Edwards
nice story 0 evidence
Owen Clark
>made a lot of money during the last recession How?
Asher Jenkins
Australia and Canada are in huge housing bubbles. The U.S is in a stock market bubble while China and Russia are abandoning the petrodollar which keeps the U.S' dollar alive The majority of E.U are sinking into economic disparity while the E.U is already on the brink of collapsing which in that case will push Europe into a depression
Once the world is in a worse place than it was in 08 than war will break out. Nazi Germany rose to power because of their dire economy and FDR brought the U.S into war since it was the only way out of their Depression In other words bloodshed plants seeds of prosperity
Aiden Allen
Not him but my boss said the same thing It's the simplest lesson in economics: buy low, sell high My boss bought a shit ton (several hundred thousand $) of stocks around 2012/2013 when it was at its worst and after holding onto them since, has over the past 4-5 years that has turned into a couple million.
The problem is twofold: 1) actually having enough cash on hand to do it 2) knowing when to pull the trigger and buy despite all the idiots around you freaking out and selling
Jaxon Davis
i dont think you know what bubble is. + this is pure speculation
Elijah Scott
is your boss one of (((them)))?
Nathan Garcia
Damnit, I havent even finished my degree yet.
Jose Young
ur boss is a genius, he bought stocks and 4years of biggest stock market rally happened. he must be some sort of a genius, amazing >s the simplest lesson in economics: buy low, sell high this is a meme, u'd need a crystal ball or insider information to know when the stock is low/high compared to the discounted, inflation and risk adjusted future
Hudson Morgan
No. White guy whose family immigrated from (((Denmark)))
>that flag t. jealous poor person that doesn't even invest It's obvious when everything is down like it was in 08/09 and that's why lots of smart folks made money
Tyler Perez
There are 2 ways this can play out. 1) Trump brings the economy down like the twin towers (controlled demolition), using the implications to reform governmental structure and function. Not only can he drain the swamp, but he can recast the role America plays in the global economy going forward. If he does it his way, he can blame the federal reserve, the governing financial elite. This will lay bare the corruption, incapability of the system to maintain itself. 2) the federal reserve, globalists snip the string and allow America/world to descend into chaos at massive human cost. They get to blame Trump, Putin, "alt right" axis for destabilizing the populations toward tribal rather than pragmatic ends. They continue as planned.
They wanted Clinton so badly because it would have put them in control of the demolition AND the rebuilding. Hell, they may have even kept the economy propped up until we can maximize cultural enrichment/secure interests in mid east.
Christopher Cruz
>It's obvious when everything is down like it was in 08/09 and that's why lots of smart folks made money enron just fell 50%, buy the dip right?
Eli Lee
Oy væy.
Samuel Turner
It will probably be #2. It's too perfect for them not to do it. Who knows, it might have been planned this way the entire fucking time, before the election even started.
Jack Fisher
>2) knowing when to pull the trigger and buy despite all the idiots around you freaking out and selling
Like Trump winning the election? I remember on predictit where Trump winning was like 9 cents a share, then I watched as the numbers coming in how it turned upside down. Fuck man, I mean, I know there is a limit on how much you can make with predictit, but I literally could have made a small fortune had I known.
Sebastian Murphy
bump
Logan Martin
Of course we are going to have a recession. It happens ever 7 to 10 years, and it is called...wait for it...THE BUSINESS CYCLE. And this time it's going to be really bad. pic related. Am I the only one on this board that knows about cycles?
Parker Sanchez
Well, that's exactly how you make money with speculation, through the fun that is asymmetric information. You indeed may know better than does the rest of the market and if you're confident in your suspicions you can then place bets against it. So, you can purchase stocks when you feel they've bottomed out and then sell them when you believe they've peaked should you feel you have a better grasp of the markets than most commentators and speculators (far too many of whom are fucking retarded btw). Of the same vein, if you felt that you have your hand directly on the pulse of the American people then you could have placed enormous bets on Trump to win and made a bundle. That's how it works. That's how all business works for that matter. You think you know what the market really wants better than everyone else so you invest in an industry, you create a new product, or you place bets on market/political outcomes. Just because you didn't have the confidence in your own knowledge to do so yourself doesn't make it impossible for others. t. econfag
Kevin Harris
tell me user, why do these business cycles even have to exist in the first place? It seems to me at least that society gets fucked every 10 years to fix whatever ((((they)))) fucked up on.
Am I wrong in wanting a complete collapse? Am I wrong to say that fast pain is better than pain that lasts for decades? I would rather go into chaos and come out ahead than get tortured for another 10 years without any prospect.
Trump was just handed a hot potato by the democrat super jewish underground elite.
Easton Cook
That is when the "big money" is made, at the bottom. I bought two houses for rentals back in 2009.
John Cruz
Woops, sorry for: being a tad condescending. I thought you were also the whiny retarded leaf here:
Easton Jones
Nigger, we've been in a Depression since 2009. Both parties found it to be politically viable to call it a recovery and worry about tranny bathroom rights or shit like that. Get your head out of your ass.
Ryan Hughes
The sources you're reading are establishment sources. They loved their puppet Obama so everything was good no matter how bad. Now they hate Trump so everything thing is doom. It's a narrative, don't fall for it.
Evan Peterson
Way oversimplified but this. The US economy has been a zombie functioning off of artificially low interest floating rate debt since '08. Middle-class is shrinking rapidly while being the key consumption base that drives the domestic economy. We have two options - suffer through a massive depression (not likely - America is way too armed and violent to let things naturally collapse), cause world war to distract and cull the population, or massively inflate our currency where the home ownership rate would completely disappear and the quality of life gap between capital and labor would skyrocket.
People will default on their auto loans January 2018 similar to the housing loans
Carter Ortiz
Central bank manipulation of interest rates and credit availability.
Jack Cook
The business cycle exists with, or without the FED. Look at our own history before the FED existed. There were plenty of downturns back then, they are not a modern phenomenon The business cycle existed before the FED, and will be here after the FED is dead. The Marxists and Communists thought they could control the business cycle by controlling supply and demand from the top...and how did/is that working out? It's human nature.
Adrian Campbell
>Stock crash in early 90's >stock crash after new millennium >stock crash in 2008 >stock crash due soon
Why are you retards surprised about this? We are overdue for one. I am salivating waiting so I can unload all my money from my savings into the market.
Adam Brown
House prices are rising again. Unnatural increases in the housing market are increasing debt. This stagnates other sectors of the economy.
Adam Reed
lol at least if you go down we will all go down together brother
if shit hits the fan, our survival skills will be tested. will you be willing to drink your pee to survive?
will you be willing to snuggle with us, like penguins, to keep us warm in the cold?
Can you get over eating other human beings because there is no other way to survive?
time will tell.
Gabriel Lee
Larger problem is CMBS maturity wall of $120B - specifically the retail portion of ~$35B which includes most of the failing malls around the country.
Chase Cook
What's the best way to protect yourself?
Tyler Allen
...
Ayden Carter
check'em, digits of truth people, read'em and prepare.
Samuel Miller
Buy physical gold/silver as a hedge. Convert a large portion of equities to cash and wait. Investment grade bonds are probably the safest place to be right now other than cash for the time being. Who knows - they could go full retard and start lowering rates again...
Bentley King
literally thanks Obama
Nicholas Wright
>People will default on their auto loans January 2018 similar to the housing loans I've been waiting for that. Lots of sub-prime car loans out there. It's going to pop sooner or later. I need a new truck.
Samuel Phillips
>Trump supporters still unironically thinking he has any idea what he is doing in office, and that he wasn't bought and sold just like the last 20 presidents
The level of cognitive dissonance of Trumpfags is striking.
>Literally supports Israel and has Jewish family in his administration >Not draining the swamp >Has changed his stance on almost every issue he campaigned on >His cabinet is LITERALLY filled with Goldman Sachs bankers and oil CEOs
I just don't get you faggots, yet statistically you're the ones who will be having children to further this dying civilization with your stupidity.
Benjamin Perry
You can already buy stuff at 60-70 cents on the dollar if you can get into the auctions...
James Flores
i hope this happens, the australian housing market is in the middle of a huge bubble right now. if the US lowers interest rates we might be able to let this thing off gracefully instead of destroying the australian economy.
or, well, since we're so connected with the american economy a recession could ALSO pop the housing bubble, in which case... fuck.
Eli Rivera
true
Adam Hughes
Word on the street is the housing market might again be responsible, only this time it's not greedy jew bankers, but the gov't
Robert Ortiz
This video made me fucking sick, send the MOAB
Ethan Nelson
i remember people like mike maloney and ron paul in like 2010 and 2011, saying there is going to a crash WAY big the crisis of 08.
>pic related
>"m-millennials are just l-lazy!!! hit the p-pavement kid! go talk to a manager, shake his hand!!!"
jesus fucking christ
John Gutierrez
>>Sears unlikely to make it pass 2018
Sears still exists? Haven't shopped there since the 90s.
Hudson Reed
Will this effect 401ks and Ira's (all of them)?
William Ramirez
hah! that? overvalued? that's an earnings-price ratio of 3.5x, melbourne is around 12x i believe. sydney i think is 14x.
Landon Collins
Dude recessions happen every decade lol. Calm down. How is this news to people?
Lincoln Gray
those are big cities, the chart line is based on national average. i'm sure if you look at big US cities too it'd be that way also.
but yeah, everything is in a fucking massive bubble. stock up on things with real value like land, fuel, metals, yada yada.
Grayson Sanders
I'd argue retail and the associated real-estate mortgages are a bigger concern.
Running the government is NOTHING like running a business. Are you 13 years old?
Dominic Jones
check'em and read'em, digits confirm.
and then there are these gems digits trying to tell us something
Asher Morales
Of course - they are all invested in ETF's which gives you exposure to a bunch of toxic shit.
Landon Flores
>i'm sure if you look at big US cities too it'd be that way also. i believe san francisco hit something like 8x at the peak of the housing bubble. you also have to account for the majority of people in australia (nearly 80% of the country) living in the city, or close to it.
Alexander Adams
Anyone else want to take the homesteading pill when they read about this shit?
Carter Young
>Venezuela wew
Btw. how legit is that picture
Nolan Baker
if shit hits the fan brother, i bid you great luck. we will need it.
good thing the ancients are on our side.
i love you kek and i love you thoth
Cameron Lee
Some how this will be Trump's fault, even though he's only a few months in and still riding on Obama's economic success.
Let's see how that is worked out.
Thomas Gray
Buy bitcoin and gold
Brody Jenkins
I've been more inclined to do so over the past few years. Hopefully, I can get a bankroll to do so
Dylan Gonzalez
...
Ayden Smith
You're wrong on several levels. >Literally supports Israel and has Jewish family in his administration He promised to support Israel throughout the entire campaign, but later you say he switched on every promise? >Not draining the swamp he banned a ton of lobbyists and has his entire new staff, Sessions is firing people all the time, etc. It's not like its legal for him to clean sweep the government. >Has changed his stance on almost every issue he campaigned on read Art of the Deal. Figuring out how Trump works isn't difficult. Obama didn't get everything he wanted either. >His cabinet is LITERALLY filled with Goldman Sachs bankers and oil CEOs This is only inherently a bad thing to progressive lefties. I only care about how the individuals are doing, which I admitately don't know, but I'm guessing neither do the people who criticize them. Also, Rex is doing great. >yet statistically you're the ones who will be having children to further this dying civilization with your stupidity Actually this is likely the third world immigrants you guys keep bringing in. So have fun with that.
There are legitimate criticisms of Trump, and I'm frustrated about the whole situation in several ways, but you're just spouting useless memes. More importantly, both sides, and even Trump himself, need to learn that Trump is not a dictator, and can't just say "let it be written" to everything he wants.
Samuel Davis
While I disagree with the notion that it must necessarily exist as most people think of it, I agree that to some extent downturns are inevitable. It's simply that we have a finance and political system which needlessly exacerbates the issue. Downturns in an economy are nothing more than periodic restructuring when you remove the aforementioned things from the picture. Look at the creation of the internet, people overvalued the fuck out of it and invested heavily into things that everyone later on realized were pretty much worthless. The people were wrong and the system corrected itself. When you look at things like the housing crisis however, you can see the deleterious effects that unrestrained political and finance systems can have on economies. You had the politics pushing an unsustainable system that the finanace system was more than happy to exploit. So, eventually the system corrected itself in a grand fashion. The most important thing in any system are the foundations which it is all built upon and after that, ensuring that the players of the game don't overstep their bounds. Just like in any philosophy all systems must work to have all things balanced, but when you have politicians thinking with their hearts (or their wallets) instead of in terms of what a system can actually do, it all falls apart.
John Watson
I did the same thing. I only had a few thousand to play with though. When I cashed out I bought a truck and put money into the house that is now paid off.
I don't have much in liquid assets, but I have no debt.
How fucked am I in the next recession?
Jayden Price
>Btw. how legit is that picture
Very
Jose Diaz
Yeah watch some Ray Dalio for those who are new to this.
The next one is already overdue (approx every 70 years)
Robert Smith
you know what to buy next
Carter Gutierrez
>I don't have much in liquid assets, but I have no debt. > >How fucked am I in the next recession?
You'll lose it all.
Ian White
Agree, i think we're on the same page. Basically what a downturn or correction is, is the system flushing out the excess, whatever it may be at that time. I think we're looking at a bubble in gov bonds this time. If so, that should be a "fun" happening, along with the sub-prime auto loans.
It does seem that the recessions have been getting worse (deeper) as our debt gets higher. Thoughts on that?
Hudson Bell
this seems like a good idea but i feel like it could only be implemented in 100+ iq states. you can't have normeis and niggers of alabama making roads and doing city plumbing.
Nathan Baker
Yay my thread is growing. Thanks for all the replies, lets float this incoming happening till 3 oclock pst because we can accelerate this.
I think in the end the GOP as a party is finished, it seems nobody gives a shit in this world unless their big mouths don't have any food going in it or their wallets are empty. I agree, the United States will never allow it to get that bad now, like the user above said, too violent of a society now, its not FDR era.
So something needs to happen, UBI or something like that will become mandatory, either that or a massive change. Personally I don't think Trump will be the one to do that, but I definitely do think someone like Breadline Bernie, or Warren or Gavin Newsom will do it, it will be fucking clockwork, shit happens right during the elections, Bernie gets in and uses the situation to his advantage.
Democrats go down AGAIN in history.
Why cant the republicans ever use just 1 situation to their advantage? I get nobody likes "if you cant beat em join em", but come on, we are talking about the existence of the GOP here haha.
What a time to be alive. ****SIPS TEA*****
Levi Harris
Were at quasi 2005 levels of affordability, this train ain't stopping yet
Angel Lee
I say we draft them to fight for the liberation of Eurabia.
Andrew Ross
There was never a real correction in the market because of all of the bailouts and fiat currency pumped into the market. It will make the coming recession that much worse. The consumer economy is failing with lay offs and people losing decent paying jobs. People don't have the money to spend on retail purchases or with going out to restaurants.
Angel Reyes
No debt?!? Car and house paid off?!? I think you're golden. Keep your powder dry (have some cash on hand), and remember the big money is made at the bottom. Good luck.
Hudson Williams
Can confirm that in terms of economics, the Nazis were GOAT. Any chance you could link me to that there pdf, frienderino?
Landon Lopez
>This time the recession will be different. >Over 30 percent of malls will close down. >Sears unlikely to make it pass 2018 >Even a mild US recession will have GLOBAL implications.
