Current Events > Do any of you here believe the u.s. economy will officially be in a recession

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Smallville
03/10/24 6:02:22 PM
#1:


in like a years time? Like in 2009 it was bad and it was officially called that. Could it happen very soon?

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"That won't work Boss, hide the target in a place they're unlikely to be found"---GZ
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TommyVercetti
03/10/24 6:10:16 PM
#2:


No
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pretzelcoatl
03/10/24 6:10:53 PM
#3:


i think so. maybe not in a year, but the next few years. the actual job market is strong, but I think there's going to have to be some level of reckoning in the near future. there's only ever been one economic soft landing, it's more likely that a recession will happen. no matter what the lines on charts say, the reality is that a lot of people are struggling to afford food and housing at the moment, and at some point the market will have to reflect that reality.

japan and U.K. are already in recession, China is on the way. might be wise to save some money, just in case.
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GranTurismo
03/10/24 6:12:51 PM
#4:


pretzelcoatl posted...
i think so. maybe not in a year, but the next few years. the actual job market is strong, but I think there's going to have to be some level of reckoning in the near future. there's only ever been one economic soft landing, it's more likely that a recession will happen. no matter what the lines on charts say, the reality is that a lot of people are struggling to afford food and housing at the moment, and at some point the market will have to reflect that reality.

japan and U.K. are already in recession, China is on the way. might be wise to save some money, just in case.
One economic soft landing? When?
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loafy013
03/10/24 6:13:46 PM
#5:


Depends. If a democrat is president, people will call it a recession. If its a republican, they will call it a slowdown or something else.

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The ball is round, the game lasts 90 minutes. That's fact.
Everything else, is theory.
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GranTurismo
03/10/24 6:16:39 PM
#6:


loafy013 posted...
Depends. If a democrat is president, people will call it a recession. If its a republican, they will call it a slowdown or something else.
Bush jr was prez in 2009 that didn't help him it was officially called that
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pretzelcoatl
03/10/24 6:20:26 PM
#7:


GranTurismo posted...
One economic soft landing? When?
In the 90s, apparently
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Smallville
03/10/24 6:21:35 PM
#8:


pretzelcoatl posted...
In the 90s, apparently
oh you mean after the recession of bush sr...to clinton....

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"That won't work Boss, hide the target in a place they're unlikely to be found"---GZ
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TommyVercetti
03/12/24 1:29:36 PM
#9:


Yeah I guess
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