Looking at my paychecks, tax bills, savings, and real estate prices I think we have been in a recession since about 2008. This thing that is going to happen next is going to be much worse.
Buy some cans of food and stock up your freezer now friend.
Up-voted. Last week a survey -- quickly suppressed -- surfaced in which 70% of top economists admitted that the United States is definitely heading into a recession.
Maybe but by 2020 wouldn't you think that the economy and stock market had recovered nicely?
Contributing factors to a recession: Public and private debt hits record highs, which could trigger a damaging financial crash, if not handled with care. As well as the Feds action of rate hikes.
A RECESSION IS NOT INEVITABLE. A RECESSION IS NOT INEVITABLE. A RECESSION IS NOT INEVITABLE. WHEN IN REALITY; WE'RE AT A 44% RECESSION PROBABILITY. WHICH MEANS WE ARE ALREADY IN A RECESSION OR ON THE BRINK OF ONE.