If the Fed avoids recession in 2023, then look for a more severe slump in 2024 or 2025
A bit more to it than that though, in the article that it.Quoting from there:
So a recession is *definitely* on its way. I'll better dust off my own crystal ball though...
I wouldn't agree with your views. It isn't the first time I've said that mind lolThe era of cheap money is over. The global economy is very fragile with very high government debt, inflation, bloated stock markets what gorged themselves on that cheap money, high energy prices and the risk of war in Europe. Are we about to have another crash?
Are we about to have another crash?
The era of cheap money is over. The global economy is very fragile with very high government debt, inflation, bloated stock markets what gorged themselves on that cheap money, high energy prices and the risk of war in Europe. Are we about to have another crash?
I'm asking a question here, not offering an opinion.I wouldn't agree with your views. It isn't the first time I've said that mind lol
We are very exposed to international factors so demand within the domestic economy isn't be the main driver.A crash in what?
House prices? = no, as there isn't excessive credit or construction
Comm property prices? retail property values are falling, already
Share prices?
I'm around since the early 1950's and as far as I am concerned we've just being going for one recession to the next. Recession seems to be our normal position regarding international/national finance. We've got over every recession in the past; we'll get over the next one whenever it comes. Don't go looking for one though; it'll find you soon enough. We live in precious times and let's keep them precious.
He can never resist.....Very funny.
Celtic tiger.What's a good recession?
One where you don't lose your job.What's a good recession?
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