The US is heading for a Recession?
- Thread starter mentalfloss
- Start date
Over your head joke ... like most of the others.He's not Orange anymore, he's Peach.
Bad joke :lol:
What inflation? 1.8% is nothing. 3.1% beats inflation and the Trump tax cuts put much more money in citizen pockets and a job pays more than the dole.
Still can't help replying to my posts
Rent Free in your head..
You're a sad person with no fukking life.
They let YOU on a computer down there?
Things are sure looking up for you stripe tans since Trump took over...and all you do is b*tch.
wrong
Canada Unemployment Rate
5.9 is higher than any lower number isn't it?
long term
The Bank of Canada normally responds to the threat of a large recession by aggressively cutting interest rates. It won’t be able to use this strategy the next time around: short-term interest rates would hit zero before the job is done. Instead, the Bank will have to rely on large-scale purchases of long-term financial assets (quantitative easing) and a big depreciation of the Canadian exchange rate. While helpful, these policies are unlikely to be as effective as the Bank’s traditional strategy for fighting recessions.
The Bank’s benchmark-interest rate is now only 1.75 per cent, well below its level of 4.5 per cent on the eve of the 2007 financial crisis. Long-term interest rates are even lower. There is no reason to expect that these rates will rise substantially in the foreseeable future.
https://business.financialpost.com/...e-next-big-recession-and-they-should-share-it
LOl what a NIF - Not In Finances!
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wrong
Canada Unemployment Rate
5.9 is higher than any lower number isn't it?
long term
The Bank of Canada normally responds to the threat of a large recession by aggressively cutting interest rates. It won’t be able to use this strategy the next time around: short-term interest rates would hit zero before the job is done. Instead, the Bank will have to rely on large-scale purchases of long-term financial assets (quantitative easing) and a big depreciation of the Canadian exchange rate. While helpful, these policies are unlikely to be as effective as the Bank’s traditional strategy for fighting recessions.
The Bank’s benchmark-interest rate is now only 1.75 per cent, well below its level of 4.5 per cent on the eve of the 2007 financial crisis. Long-term interest rates are even lower. There is no reason to expect that these rates will rise substantially in the foreseeable future.
https://business.financialpost.com/...e-next-big-recession-and-they-should-share-it
LOl what a NIF - Not In Finances!
You really can't draw ANY conclusions from that graph. The graph has been badly distorted to make one month look a lot worse than may actually be. Regardless you can't take one month to be an indication of anything and sure as hell shouldn't be making financial decision based on it.
Last year, I predicted a recession in 2020. Risks have receded, but not for long
https://www.cnn.com/2019/12/26/perspectives/recession-2020-economy/index.html
Too funny.
https://www.cnn.com/2019/12/26/perspectives/recession-2020-economy/index.html
Too funny.