Impending Depression???

Aquila · #1 10-14-2018, 12:52 PM

Economists give dire prediction:

THERE COULD BE A FINANCIAL CRASH BEFORE END OF TRUMP'S FIRST TERM, EXPERTS SAY, CITING LOOMING DEBTS
https://www.newsweek.com/stock-market-1134867

Scott Pitta · #2 10-14-2018, 06:28 PM

A cut in federal tax revenue plus out of control spending and increased national debt do not nurture a healthy economy.

n david · #3 10-14-2018, 08:20 PM

"It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? A first-pass answer is never… So we are very probably looking at a global recession, with no end in sight." Paul Krugman, NY Times on election night, 2016.

Originalist · #4 10-15-2018, 05:00 AM

Quote:

Originally Posted by n david

"It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? A first-pass answer is never… So we are very probably looking at a global recession, with no end in sight." Paul Krugman, NY Times on election night, 2016.