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Thread: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

  1. #131
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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by Conservative View Post
    Exactly and Yellen agrees


    Janet Yellen says yield curve inversion may be false recession signal

    Gloom and doom liberals for that is all they have
    I was yelled at for posting Yellen's words today. I didn't provide a source.
    The perpetually aggrieved are getting battier by the day.

  2. #132
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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by Kushinator View Post
    This was the exact quote: Trying to spin this as some silver lining isn't a good strategy. Current U.S. economic growth is entirely attributable to deficit spending. You remove the deficit, and the economy goes to hell in a hand-basket. The problem is, there isn't much room for future fiscal policy needs. Do you expect the U.S. to run $2 trillion deficits? That's the likely outcome of an economic downturn.
    So do we cut spending and assume a downturn?

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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by HumblePi View Post
    Why don't we ask for the impossible instead? Ask Trump not to lie for one entire day. There's the possibilities of your scenarios.
    Every negative thread finds you on it, think you are doing anyone here a service by posting non stop 24/7 anti Trump posts? Elizabeth Warren is certainly your kind of candidate someone to give you what you cannot earn for yourself.

  4. #134
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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by HumblePi View Post
    Why don't we ask for the impossible instead? Ask Trump not to lie for one entire day. There's the possibilities of your scenarios.
    Leftists should probably practice what they preach... Russia, Russia, Russia!

  5. #135
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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by Mach View Post
    So do we cut spending and assume a downturn?
    An economic downturn is clearly in the cards. It's just a matter of when. I believe we'll be well into a recession come election time. Spending will not decline as automatic stabilizers will begin to swell in the face of economic contraction, and revenues retract by as much as 30%.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by vegas giants View Post
    Well I never mentioned 500 stocks. That was all you. Lol
    The S&P 500 is a broad index that tracks the overall equity market rather well. You're not aware of this, and so you continue to operate from a position of ignorance.

    I notice you still didn't respond with any data that backs your position. You probably don't even know where to begin.

    Here's a start.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by trixare4kids View Post
    I was yelled at for posting Yellen's words today. I didn't provide a source.
    The perpetually aggrieved are getting battier by the day.
    Stunning left wing loyalty but I figured it out, the problem these have is not only with the private sector but the reality that the Trump tax cuts took away their high state and local tax exemptions from their federal return. All this negative rhetoric is falsely attributed to Trump and not their high state and local taxes that they can no longer deduct, getting rid of Trump will restore that deduction or so they believe.

    It is amazing how the DOW is so important now to people who always hated rich people and all that so called corporate greed reflected in a high DOW. I guess anything negative against Trump diverts from their own misery!

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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by Kushinator View Post
    An economic downturn is clearly in the cards. It's just a matter of when. I believe we'll be well into a recession come election time. Spending will not decline as automatic stabilizers will begin to swell in the face of economic contraction, and revenues retract by as much as 30%.
    Should make you very happy to return the WH to Democratic Control and furthering that search for a liberal utopia

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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    There's a VERY simple explanation for this, but in order to understand this, let's put in some context. First off, unemployment is WAY down. Lowest numbers practically across the board and the lowest numbers in US history. This is FULL TIME work not PART TIME. Also means employment rates for private workers is WAY up opposed to government workers. That's the way the economy works. Second, we have the trade war with China. Stocks are going up and down all the time in situations like this. China's economy is weakened greatly. Tariffs are on delay. There's nothing new here. Finally, we have very low tax rates across the board. People are able to not only pay taxes, but to pay off debts and buy other things because they're not being taxed to death. Whether it be food stamps or welfare, people are not forced to pay more for someone else's stuff.

    All this is happening. all these great things economically. It's not perfect, but it's far better than what it was 4 years ago. Somehow, though, for some extremely odd reason, the media and the Federal Reserve are pushing the recession narrative. That makes ZERO sense. With this economic boom, there shouldn't be a recession in sight. So what's the explanation for this? Well you have the media which 500% against Trump and the Federal Reserve is ran by a bunch of Never Trumpers. They don't want to say how well the economy is doing right now, but they'll be glad to talk about bad times. Why? Simple, they don't like Trump and this is a new tactic in the never ending attempt to get rid of him. I'm not experiencing a recession where I live. I don't know of any bad times in a town, except for places like New York City,Detroit, Baltimore, San Francisco, and Los Angeles. Of course, look who runs those towns and states, a bunch of Leftists.

    As someone said earlier today, let these people live their made up recession and let everyone else live in the economic boom which is the Trump economy. Let them be miserable, since that's ALL they're talking about, and, apparently, want to live in. Don't bother listening to them these people. If you do, you're only inflicting harm on yourself. These people will do ANYTHING just to see not only Trump but the rest of the country fail. It's nothing more than a way to scare you out of voting for Trump next year while helping bring the stocks down, and it's going to be an entire year of this crap. The Democrat candidates can't get it done on their own, so it's up to the media and the people at the Federal Reserve to try and take him out. They'll fail, but they're too stupid and arrogant to figure that out.

  10. #140
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    Re: Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

    Quote Originally Posted by Herkamer63 View Post
    There's a VERY simple explanation for this, but in order to understand this, let's put in some context. First off, unemployment is WAY down. Lowest numbers practically across the board and the lowest numbers in US history. This is FULL TIME work not PART TIME. Also means employment rates for private workers is WAY up opposed to government workers. That's the way the economy works. Second, we have the trade war with China. Stocks are going up and down all the time in situations like this. China's economy is weakened greatly. Tariffs are on delay. There's nothing new here. Finally, we have very low tax rates across the board. People are able to not only pay taxes, but to pay off debts and buy other things because they're not being taxed to death. Whether it be food stamps or welfare, people are not forced to pay more for someone else's stuff.

    All this is happening. all these great things economically. It's not perfect, but it's far better than what it was 4 years ago. Somehow, though, for some extremely odd reason, the media and the Federal Reserve are pushing the recession narrative. That makes ZERO sense. With this economic boom, there shouldn't be a recession in sight. So what's the explanation for this? Well you have the media which 500% against Trump and the Federal Reserve is ran by a bunch of Never Trumpers. They don't want to say how well the economy is doing right now, but they'll be glad to talk about bad times. Why? Simple, they don't like Trump and this is a new tactic in the never ending attempt to get rid of him. I'm not experiencing a recession where I live. I don't know of any bad times in a town, except for places like New York City,Detroit, Baltimore, San Francisco, and Los Angeles. Of course, look who runs those towns and states, a bunch of Leftists.

    As someone said earlier today, let these people live their made up recession and let everyone else live in the economic boom which is the Trump economy. Let them be miserable, since that's ALL they're talking about, and, apparently, want to live in. Don't bother listening to them these people. If you do, you're only inflicting harm on yourself. These people will do ANYTHING just to see not only Trump but the rest of the country fail. It's nothing more than a way to scare you out of voting for Trump next year while helping bring the stocks down, and it's going to be an entire year of this crap. The Democrat candidates can't get it done on their own, so it's up to the media and the people at the Federal Reserve to try and take him out. They'll fail, but they're too stupid and arrogant to figure that out.


    Well done but it will be ignored by radicals who don't like positive news and are part of the liberal elite that hate Trump and the private sector. Amazing how these people here feed each other's left wing egos and ignore what is going on in the country which you so accurately pointed out. Also they will ignore that Trump's campaign contributions are exploding from small contributors which normally are attracted to the left. That along with historic low unemployment for African Americans doesn't bode well for the 2020 elections which is why the negative narrative is so important to them now, anything to divert from reality and their own misery

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