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The Left Is Trying To Wish A Recession Into Existence

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posted on Jun, 18 2019 @ 03:32 PM
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a reply to: Dfairlite

I find it highly disturbing that dems, socialists, liberals and progressives would wish hardship on their fellow Americans just because they have been told by the subversives and seditious in media and politics to hate trump. It really is disgusting the way these democrats and socialists behave

Cheers - Dave




posted on Jun, 18 2019 @ 03:35 PM
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a reply to: TheConstruKctionofLight

Let me make sure I have this right. I post an OP about the media and leftists hysterical hopes for a recession. Your response is to post a left wing news source, hysterical about a coming recession?

This is just absurdity, both your response and the article. Take the first paragraph for example.



Last summer, my colleague Brunello Rosa and I identified 10 potential downside risks that could trigger a US and global recession in 2020. Nine of them are still in play today.
Many involve the United States.
Trade wars with China and other countries, along with restrictions on migration, foreign direct investment, and technology transfers, could have profound implications for global supply chains, raising the threat of stagflation (slowing growth alongside rising inflation). And the risk of a US growth slowdown has become more acute now that the stimulus from the 2017 tax legislation has run its course.


1) Trade wars
They have not caused any noticeable slowdown to the US. China, sure, but not the US.

2) Restricting migration? What? Where? Europe has basically open immigration. US has increased the number of legal immigrant visa's that are authorized. We also have an awfully big illegal immigration problem right now. Furthermore, how would slowing migration (illegal or otherwise) slow the world economy down? We had basically zero immigration in the US for fourty years, during one of the greatest economic expansions of our history.

3) Foreign direct investment? it never clarifies why this is a risk.
4) Technology transfers are also never expanded upon.

But no, I don't think it's a left/right thing. I think the left hopes for a recession to boost their political advantage, but whether it happens or not, they do not really control right now. They have too little power to cause it. I don't think a recession is coming, but I could be wrong. Recessions are pretty common and part and parcel of living in a world run by fallible beings.



posted on Jun, 18 2019 @ 03:36 PM
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a reply to: carewemust

If you only watched the media you'd think we were down 20% this year instead of up 15%.



posted on Jun, 18 2019 @ 03:43 PM
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a reply to: Dfairlite

Fox News carried Joe Biden's campaign kickoff rally in that Kiddie Park. We'll see if CNN and MSNBC do the same with President Trump's kickoff rally.



posted on Jun, 18 2019 @ 03:54 PM
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a reply to: bobs_uruncle

It's mass mind control via subliminal messages in the propaganda created to influence suggestible people.

Seriously, I'm not making it up or being a conspiracy theorist. It's been done before and was made illegal to conduct against American citizens until the obuma admin reversed it.


The Operational Potential of Subliminal Perception
APPROVED FOR RELEASE 1994
CIA HISTORICAL REVIEW PROGRAM
18 SEPT 95

SECRET

CIA equals Communists In America



posted on Jun, 18 2019 @ 04:43 PM
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Markets go bear
Markets go bull
That's what they do
It is all bull , though



posted on Jun, 18 2019 @ 05:24 PM
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originally posted by: ADVISOR
a reply to: bobs_uruncle

It's mass mind control via subliminal messages in the propaganda created to influence suggestible people.

Seriously, I'm not making it up or being a conspiracy theorist. It's been done before and was made illegal to conduct against American citizens until the obuma admin reversed it.


The Operational Potential of Subliminal Perception
APPROVED FOR RELEASE 1994
CIA HISTORICAL REVIEW PROGRAM
18 SEPT 95

SECRET

CIA equals Communists In America


I know what they are doing, been there done that, misdirection/misinformation, worked for CI and the military :-) But in our business it was to throw the enemy, which were terrorists, off guard or lead them right to a coral point. So unless citizens are the enemy..... Oh yeah, that's right, they are according to the intel community these days. My how things have changed in 30 years... Or have they?

Cheers - Dave



posted on Jun, 18 2019 @ 07:58 PM
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They will crash the economy before next year is out. It's the Democrats only chance of winning the election.



posted on Jun, 18 2019 @ 10:14 PM
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Yeah, it was the left that did the tariffs and all the other stupid economic moves by Trump.



posted on Jun, 18 2019 @ 10:53 PM
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a reply to: Dfairlite

www.bloomberg.com...


It was terrible, showing the biggest monthly decline since the last recession. And as the red line shows, it doesn’t drop this low for long without presaging a true recession to come...


Looking at the U.S. stock market, we see the type of relative performance that would be expected in the run-up to a recession



posted on Jun, 18 2019 @ 10:58 PM
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a reply to: Dfairlite

No doubt you have seen how fast news travels. Another take on it is this from May 2019

edition.cnn.com...




Increasingly, economy watchers wonder whether uncertainty and pessimism — captured in a number of regularly released surveys that tend to be grouped under the squishy term "sentiment" — might be driving economic performance more than it used to do.

On Wednesday, Richmond Federal Reserve president Tom Barkin delivered a speech advancing this theory, noting the shock to business confidence brought on earlier this year by factors like the government shutdown and a simmering trade war. The risk: Consumers could delay big purchases and businesses could cancel expansion plans, creating a spiral that the economy couldn't self-correct.

"We could talk ourselves into a recession," Barkin said. "Some economists have studied the spread of information from a disease perspective, where the information spreads slowly at first but quickly gains steam. I would argue that in today's media climate, the 'disease' spreads faster."



The economic jitters from late 2018 didn't end up snowballing into a downturn this time, thanks in part to help from the Federal Reserve's shift toward patience on raising interest rates. But Barkin worries that weak expectations could become a self-fulfilling prophecy down the line.






posted on Jun, 18 2019 @ 11:05 PM
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a reply to: Willtell

What most are willfully ignorant of is that trade wars usually end up as hot wars.

www.scmp.com...


www.scmp.com...



Everyone else, however, blames Trump for upsetting global trading patterns and bringing on what could be a new era of restrictions and restraints on free trade. Go one step beyond that, and countries are going to begin blockading shipping and closing borders entirely. Finally, there is the danger of war as the only recourse that some leaders will decide is needed to set matters straight again.



posted on Jun, 19 2019 @ 05:27 AM
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a reply to: luthier

What does maxing out credit have to do with a president?the only ones I know of maxing out credit are idiots keeping up with the Joneses,living beyond their means,why because they have to? no because they want to,being stupid isn't a leaders,people have choices



posted on Jun, 19 2019 @ 06:22 PM
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originally posted by: luthier
a reply to: Lumenari

Which is the same fake numbers every politician including trump use.

Like calling massive yearly deficit and over extended credit throughout the economy today as great.


1.6 million more jobs than people to fill them.

Fake number that....




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