Thread: Remember
View Single Post
Old 08-07-2019, 01:12 PM   #27
tw
Read? I only know how to write.
 
Join Date: Jan 2001
Posts: 11,933
People whose information comes from honest sources know leading indicators say a recession apparently started at the the beginning of 2019 (as predicted at the end of 2018).

For example, the Obama economy results in construction permits of
2014 1.04 million
2015 1.18 m
2016 1.20 m
2017 1.28 m
2018 1.32 m

The current trend for 2019 (per marketwatch.com puts that number at 1.14 m - recessionary. Honest news sources have been reporting this. Friends who process this stuff had noted a maybe as much as a 20% drop at the end of last year - and continuing. All leading indicators.

Anyone not educated by propaganda (masking as news sources) also know the inverted yield curves said a recession started in the first quarter 2019. Another leading indicator.

GDP is a lagging indicator. For example, those leading indicators in early 2000 noted that America was not doing as well (but still growing) between 2002 and 2006. So the resulting recession finally appeared in jobs, corporate profit sheets, trade numbers, and GDP in 2006 through 2009.

Extremists only want to be told what to believe. The definition of wackos. Propaganda (lying) sources forget that this is still the tail end of an Obama economy. Extremist are only told lagging indicators. Some were posted above by forgetting its reports on the strength of that Obama economy.

Even stock markets (mostly Republican biased) are questioning this economy. Including an unprecedented 3% drop in one day. They have good reason to fear due to economic destruction obviously and currently implemented by a scum bag president that only extremists could love. Since extremists love anyone who would wreck shit.

Starting about Jan 2018, the stock market indexes where suddenly quite volatile. And have averaged almost no growth in that 18 months. Even markets have become suspicious of this economy.

This suggests (if things do not change) a recession will appear in job losses in a few more years (another lagging indicator that only reports what was happening in the economy many years previously).

Those who get honest news have been watching an ominous situation (and not only in economics - who still deny warning about the Sprately and Parcel islands). A recession is a certainty in part because it has been intentionally created by an extremist president for self serving and egotistical reasons.

This president loves how Putin, Xi, and Kim appeal to his ego. He has harmed American trade. He even insults American allies. American prestige around the world is at an all time low in all but a few places.

American trade in the Obama years increases on average 6.3% exports and 6.5% imports annually. In the past year, both exports and imports are now down (negative) about 0.7%. A number expected to fall as Trump advances himself at the expense of America. And another indication that growth has already stalled. What happens before lagging indicators report this recession years from now.

American annual GDP numbers from 1960 to 2017 have never seen a dip except during 2007 - the only recession that threatened to become as bad as 1929. Citing GDP numbers is a poor indication of a recession since recessions in 1979-1982, 1990-1991, and 2001-2002 do not appear as notable dips in annual GDP numbers.

Leading indicators report a recession has started in the first quarter this year. Extremists educated by Sean Hannity, Glenn Beck, Laura Ingles, et al would never learn reality. And clearly do not know what a leading indicator is. People using honest new sources do. It explains why a wacko extremist will post more disparaging comments rather than honest facts.

Some facts posted previous are posted again. The extremist would not know any of this. Extremist propaganda services don't report honestly - just like they lied about Hurricane Katrina and the dead of 5000 good American servicemen for no purpose in a Mission Accomplished war. More facts that exrtremist will ignore to instead post what they were ordered to believe.
tw is offline   Reply With Quote