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But But But CNN Says The Recession is Here!

Discussion in 'Politics Forum' started by Weather Man, Sep 12, 2019.

  1. Weather Man

    Weather Man Persistance Is A Bitch Established Member

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    :eek:

    The MetLife & U.S. Chamber of Commerce Small Business Index reached an all time high of 70.7 this quarter. The Index, first published in Q2 2017, is up two points from 68.7 last quarter.

    Index Summary
     
  2. 04MysticCobra

    04MysticCobra Well-Known Member Established Member

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    Lol.....I know that every weekend I pull into Costco and I have 3 in a hour radius of my home I get really pissed off because I can't find a parking spot and the lines at the register are very long. If we are in a recession...lol...I would hate to see the lines when we pull out of this recession but these dumb asses at CNN know Trump's economy is humming along just fine. They are just trying out the new narrative. Next will be impeachment....again.

    CNN= Conspiracy News Network.
     
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  3. Recon

    Recon Well-Known Member Established Member

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    May we have 4 more years of this “recession” with the man at the helm.


    Pick your poison.
     
  4. COOL COBRA

    COOL COBRA Hell Yes! Premium Member Established Member

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    Russia, racism, recession, climate change, guns. Repeat... that's all they know.
    Oh, and one more. Illegal immigration good! ****ing idiots.
     
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  5. Ohio Snake

    Ohio Snake Well-Known Member Established Member

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    Recession-Only in certain small sectors. As a whole, nah!
    Probability of zero fed funds rate: high
    Dealing with China on trade agreement: progressing until Trump tweets a derogatory nickname for Zi Jinping. If that happens, deals off.


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  6. tones_RS3

    tones_RS3 I like members members. Premium Member Established Member

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    Man, I really do hate the media!! They would rather people lose their jobs, homes, cars, and livelihood than have Donald Trump in office because they want to fundamentally change America. **** YOUR SOCIALISM/COMMUNISM!!!
    Unbelievable!!!
    If you vote left, please think about it for a second. Think back to 2008-2010. Do you really want to go back to that?!?!!? THINK ABOUT IT!!
     
  7. CV355

    CV355 Well-Known Member Established Member

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    Recession is a relative term. Technically 2019 Q3/Q4 and 2020 Q1/Q2 will be a recession. It is a blip, nothing comparable to '08
     
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  8. Ohio Snake

    Ohio Snake Well-Known Member Established Member

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    Liberals like pounding a
    “a big recession” is on the horizon.
    Trump wants Treasuries to look like shit or unattractive to help weaken the dollar...globally. He wants the Fed funds rate at zero or negative right now.
    I’d be more concerned about student loan debt balance and potential for default.



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  9. scott9050

    scott9050 Hillary for prison Established Member

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    Anyone voting Democrat is a brain dead idiot, slacker or just your regular criminal element.

    Sent from my SM-N950U using the svtperformance.com mobile app
     
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  10. Weather Man

    Weather Man Persistance Is A Bitch Established Member

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    Where are you getting a forecast for negative GDP?
     
  11. CV355

    CV355 Well-Known Member Established Member

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    I think they're using a different KPI- percentage growth figures. On Monday when I'm in the office, I'll send you a message with the economist/consultant info.
     
  12. Weather Man

    Weather Man Persistance Is A Bitch Established Member

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    OK, yeah, everything I see online is positive GDP growth through 2020. Recession being defined as 2 quarters consecutive of negative GDP.
     
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  13. tones_RS3

    tones_RS3 I like members members. Premium Member Established Member

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  14. me32

    me32 BEASTLY SHELBY GT500 TVS Moderator

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  15. tones_RS3

    tones_RS3 I like members members. Premium Member Established Member

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    Not too long ago.
    I think Trump wants to lower them for the trade war with China.
     
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  16. CV355

    CV355 Well-Known Member Established Member

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    I see that too. I did go back and look, and part of the analysis was aimed at manufacturing. Right now, it is insanely difficult to get funding from automotive suppliers. Usually main cycles and midcycle enhancements = $$$$, but it has been cut-throat. They're recommending we refocus on medical and food and not waste our time with automotive until late 2020.
     
  17. nxhappy

    nxhappy Vette Killer Established Member

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    let me tell you something : **** china. I am an international shipper and I can tell you these countries **** us on EVERYTHING. I am GLAD Trump has balls to raise their rates. Eventually the dust will settle, China will pay the USA piper. Will our imports go up slightly ? Sure. But we don't HAVE to use China. We have plenty of our countries for importation. Not to mention, more US companies will keep business in AMERICA and stop ordering this chinese BULLSHIT.
     
  18. bglf83

    bglf83 Well-Known Member Established Member

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    California.....
     
  19. HillbillyHotRod

    HillbillyHotRod Hooligan rabble rouser Established Member

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    They lowered the rate a couple months ago.
     
  20. Blk04L

    Blk04L . . . Premium Member Established Member

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    I felt the Fed got ahead of it's self last year with their set rate increases instead of watching the economy and how it reacted.

    Overdid it last year and cut back this year.
     
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