f7ben Posted June 20, 2019 Share Posted June 20, 2019 Just now, Zambroski said: We’ve never had an economic downturn based on nat’l debt levels. It takes investors worrying about the G’ment’s ability to pay. Not saying it couldn’t happen but, the US is still a leader on this ability. Consumer debt levels are a better indicator. High debt and an economic downturn and....OOOOPS!!! Corporate debt levels ARE consumer debt levels Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 20, 2019 Share Posted June 20, 2019 2 minutes ago, f7ben said: Corporate debt levels ARE consumer debt levels I have some brown shoes with black laces. Quote Link to comment Share on other sites More sharing options...
Anler Posted June 20, 2019 Share Posted June 20, 2019 There are lots of bubbles out there. Credit card debt, car loans, student loans, mortgage, corporate debt and there is still a derivative bubble out there at $1.5 quadrillion that could take down the entire world financial system all by itself. This is what we allow with a nation of 73ers... Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 20, 2019 Author Share Posted June 20, 2019 1 minute ago, Anler said: There are lots of bubbles out there. Credit card debt, car loans, student loans, mortgage, corporate debt and there is still a derivative bubble out there at $1.5 quadrillion that could take down the entire world financial system all by itself. This is what we allow with a nation of 73ers... Economic models have one fatal flaw that played out during the last financial crisis. It fails to take into consideration (perhaps because it can’t) irrational and unethical human behavior. Truly, all the signs and signals are in place. Current policies have traded 10 futures for 1 here and now. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 20, 2019 Platinum Contributing Member Share Posted June 20, 2019 (edited) 13 minutes ago, f7ben said: Corporate debt levels ARE consumer debt levels 2008 was an anomaly. The perfect storm so to speak. While corp debt is high there still are some bullets in the gun at current rate levels and there are always other methods as well. Plenty of room in tax rates to cut for stimulus. Also lots of corp's holding cash as well as why spend your own when the banks/govt were basically giving money out for free. Yes a recession is coming. Probably early 2021 but it will more similar to the early 90's slowdown than the 08 crash. Edited June 20, 2019 by Highmark Quote Link to comment Share on other sites More sharing options...
Cold War Posted June 20, 2019 Share Posted June 20, 2019 Finger on the pulse of the entire economy, forecasting the worst economic meltdown we have ever seen, hoping , praying for it...............with zero plan in place for when it happens. Oh........I don't know..........maybe, I sell my house, if I get around to it. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted June 20, 2019 Share Posted June 20, 2019 Right now 40 million Americans live in poverty. Quote Link to comment Share on other sites More sharing options...
Pete Posted June 20, 2019 Share Posted June 20, 2019 6 minutes ago, Mainecat said: Right now 40 million Americans live in poverty. but yet you want to help the illegals Quote Link to comment Share on other sites More sharing options...
Cold War Posted June 20, 2019 Share Posted June 20, 2019 1 minute ago, Pete said: but yet you want to help the illegals Yeah, There is plenty of that poverty to go around. Americans are starving to death. Did you miss the death chart that posted? 😂 The world is a ugly, scary place watching from your recliner. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 20, 2019 Share Posted June 20, 2019 10 hours ago, spin_dry said: It’s the dems race to lose. just like it was the pubs in 12. Obie still won again because the pubs couldn't figure out there message just like the dems have issues with now. he stands a far greater chance than many will give him of being reelected Quote Link to comment Share on other sites More sharing options...
frenchy Posted June 20, 2019 Share Posted June 20, 2019 dems have no one that can steal votes away from disenfranchised trump voters. That's the sorry truth. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 20, 2019 Platinum Contributing Member Share Posted June 20, 2019 Just now, frenchy said: dems have no one that can steal votes away from disenfranchised trump voters. That's the sorry truth. I wouldn’t underestimate the popularity of Sleepy Joe...jus sayin. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 20, 2019 Share Posted June 20, 2019 Just now, frenchy said: dems have no one that can steal votes away from disenfranchised trump voters. That's the sorry truth. Yup, i voted for the orange idiot and no one running towards the front of the dems is getting my vote. Tulsi I might consider but she's not getting any shot at it. Bidens too fucking old, Beto is the poster child for being a beta bitch. Warrens a shrew like hillary was. Quote Link to comment Share on other sites More sharing options...
Pete Posted June 20, 2019 Share Posted June 20, 2019 Just now, Jimmy Snacks said: I wouldn’t underestimate the popularity of Sleepy Joe...jus sayin. you gonna vote for him? Congrats Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 20, 2019 Platinum Contributing Member Share Posted June 20, 2019 Just now, Pete said: you gonna vote for him? Congrats Did I say that? Try to follow along Dopo as as hard as that might be for you. Quote Link to comment Share on other sites More sharing options...
frenchy Posted June 20, 2019 Share Posted June 20, 2019 4 minutes ago, Jimmy Snacks said: I wouldn’t underestimate the popularity of Sleepy Joe...jus sayin. I don't think he stands a chance. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted June 20, 2019 Share Posted June 20, 2019 2 hours ago, Highmark said: Sorry a recession is inevitable but it will not be a repeat of 08. We've seen a check up on orders thru the end of the year but have new products coming into production as well. Not even close. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted June 20, 2019 Platinum Contributing Member Share Posted June 20, 2019 2 minutes ago, Angry ginger said: Yup, i voted for the orange idiot and no one running towards the front of the dems is getting my vote. Tulsi I might consider but she's not getting any shot at it. Bidens too fucking old, Beto is the poster child for being a beta bitch. Warrens a shrew like hillary was. Im right there with you..It's like the dems have no fucking clue what to do to win.. Seeing what they put up there and im just like wtf.. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 20, 2019 Share Posted June 20, 2019 4 minutes ago, Jimmy Snacks said: Did I say that? Try to follow along Dopo as as hard as that might be for you. partisan blinder make comprehension hard. 1 Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 20, 2019 Share Posted June 20, 2019 (edited) 18 minutes ago, Angry ginger said: just like it was the pubs in 12. Obie still won again because the pubs couldn't figure out there message just like the dems have issues with now. he stands a far greater chance than many will give him of being reelected No, that's not why Obie won. Don't you remember the lies that happened before november? Then magically they came out as lies after the election. Either way, it worked out well, Paul Ryan turned into a panzy and quit as speaker, who would have wanted him for VP. Edited June 20, 2019 by racer254 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 20, 2019 Platinum Contributing Member Share Posted June 20, 2019 12 minutes ago, frenchy said: I don't think he stands a chance. We’ll see. Quote Link to comment Share on other sites More sharing options...
frenchy Posted June 20, 2019 Share Posted June 20, 2019 3 minutes ago, Jimmy Snacks said: We’ll see. Trump will hammer him relentlessly on his creepiness, as ironic as that is. 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted June 20, 2019 Share Posted June 20, 2019 1 hour ago, spin_dry said: Economic models have one fatal flaw that played out during the last financial crisis. It fails to take into consideration (perhaps because it can’t) irrational and unethical human behavior. Truly, all the signs and signals are in place. Current policies have traded 10 futures for 1 here and now. That's the problem with a debt based economy and a financial system that runs like a casino instead of a model on fundamental economic system. Quote Link to comment Share on other sites More sharing options...
Tinker Posted June 20, 2019 Share Posted June 20, 2019 If your employment rate drops any lower the growth is gonna stop Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 20, 2019 Platinum Contributing Member Share Posted June 20, 2019 19 minutes ago, ArcticCrusher said: Not even close. 08 was a perfect storm so to speak. Great article on corp debt. Some positive and some negative. This will be above most people on here's pay grade when it comes to comprehension. https://www2.deloitte.com/insights/us/en/economy/issues-by-the-numbers/rising-corporate-debt-levels.html Quote Link to comment Share on other sites More sharing options...
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