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Signs of potential recession popping up

Discussion in 'BBS Hangout: Debate & Discussion' started by robbie380, Dec 31, 2018.

  1. Andre0087

    Andre0087 Member

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    It's not that he doesn't know, he just won't admit it.
     
  2. Andre0087

    Andre0087 Member

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    You may want to rethink that one.
     
    B-Bob and mdrowe00 like this.
  3. mdrowe00

    mdrowe00 Member

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    How so?:)

    Curious, as always...
     
  4. pgabriel

    pgabriel Educated Negro

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    Yield curve inverted again today with no fanfare.

    I agree with people who say debt is gonna catch up to Uncle Sam but the economy is still churning.
     
  5. FranchiseBlade

    FranchiseBlade Contributing Member
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    Not for the middle class. The boom hasn't benefited them. For most Americans, they aren't sharing in the economic the boom.

    https://www.brookings.edu/opinions/...better-for-most-americans-but-there-is-a-fix/
    https://www.usatoday.com/story/mone...arent-benefiting-robust-us-economy/705655002/
    https://www.theguardian.com/us-news/2019/jan/16/trump-economy-billionaires-working-people
     
  6. pgabriel

    pgabriel Educated Negro

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    MOST Americans? You sure

    You make middle class money. You having hard times?

    All this article talks about is spending. Its all about perspective and relative

    People have jobs, and are putting food on the table.
     
  7. FranchiseBlade

    FranchiseBlade Contributing Member
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    Read the articles.
     
  8. pgabriel

    pgabriel Educated Negro

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  9. NewRoxFan

    NewRoxFan Contributing Member

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    Behind a firewall. Is that an article or op-ed?

    Are Wages Rising or Flat?
    https://www.factcheck.org/2019/06/are-wages-rising-or-flat/

    The mystery of sluggish wages
    https://www.axios.com/mystery-sluggish-wages-ee7bf523-fc96-47a5-86ed-72e5eddae250.html
     
  10. pgabriel

    pgabriel Educated Negro

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  11. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    i hear a weird little consumer factoid about increased spending right up to recessions. Americans will spend knowing they are about to lose their jobs because, "Might as well get that TV now before I stop working". It's a funny little mindset in this country.
     
  12. FranchiseBlade

    FranchiseBlade Contributing Member
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  13. pgabriel

    pgabriel Educated Negro

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    Minimum wage is what needed to increase the most. Again we haven't experienced much inflation in the last 20 years either

    Are gas prices going up? What about food?
     
  14. FranchiseBlade

    FranchiseBlade Contributing Member
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    That has nothing to do with the topic. You can read the reasons that the middle class isn't experiencing the economic boom if you wish, or you can keep talking about these few things that are positive.
     
  15. pgabriel

    pgabriel Educated Negro

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    If prices arent going up why do wages need to. People are paid from producing products so yes it does go hand in hand

    Steady employment for a decade is great news
     
  16. peleincubus

    peleincubus Member

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    I'm not debating one way or the other. But I would like to see house and rent prices on a graph in the last 20 years in Austin TX. Rent has to be around 225%-250% increase.
     
  17. pgabriel

    pgabriel Educated Negro

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    Yes rent in places like Austin and Houston have somewhat to do with the rate of population growth these cities but that is a very fair point
     
  18. peleincubus

    peleincubus Member

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    Yes for sure. If not happy with prices in Austin I should be move to Detroit lol
     
  19. B-Bob

    B-Bob "94-year-old self-described dreamer"

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    I hear it's cold in the D tho.
     
  20. DaDakota

    DaDakota If you want to know, just ask!

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    I hope it starts Spring 2020.

    DD
     

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