Talk of The Villages Florida - View Single Post - Slowdown or recession?
Thread: Slowdown or recession?
View Single Post
 
Old 08-19-2019, 02:36 PM
GrumpyOldMan GrumpyOldMan is offline
Soaring Eagle member
Join Date: Jul 2019
Posts: 2,016
Thanks: 333
Thanked 2,479 Times in 753 Posts
Default
Quote:
Originally Posted by ColdNoMore View Post

And THIS is why facts and research (and the point of my earlier post)...are so important.

It's not "whether," it's just the year...in question (click here)



So the TRUTH is, that the 34% predicting it happening in 2021 is ADDED to the 38% who think it will happen by 2020 (making the 72%).

What a difference...the TRUTH and FACTS make.
Also, few if any are laying this at the feet of the current administration, recessions are cyclical and its that time again.

What some are concerned about is the Fed lowering interest rates, and the administration asking for more. When a recession happens, being able to lower interest rates is an important tool to help soften the landing.