Is a recession coming? Alan Greenspan says the answer is in men's underwear

basquebromance

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Nov 26, 2015
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MUI shows below while there is no recession yet, we are headed lower in MUI Index as it makes lower highs. Theory is in uncertain times men buy fewer undershorts


FS3bwnWUUAAYrbq
 
MUI shows below while there is no recession yet, we are headed lower in MUI Index as it makes lower highs. Theory is in uncertain times men buy fewer undershorts


FS3bwnWUUAAYrbq
Alan Greenspan is the last person anyone should listen to. Even if he is right.
He is one of the grand architects of the "debt as income" economic plan.
He is the antithesis of sound economic principles on every-single-level.
 
Smerconish just presented this on his show.

I think the purchase of new underwear is just an anology for "less discretionary income". I'm sure you could replace underwear with any number of products, from t shirts to new cars.
 
we just don't know how deep it is. fed rates are going up, prices are too high
Yes, they are. As it stands right now, at least another trillion dollars of fake American monopoly money is being pumped into the economy for just the rest of this year alone. How deep it is will depend mainly on how the government does little spending between now and this time next year.

It will worsen even if the GOP takes Congress away from Joe. Republicans are not any better at reining in spending than Democrats.
 
MUI shows below while there is no recession yet, we are headed lower in MUI Index as it makes lower highs. Theory is in uncertain times men buy fewer undershorts


FS3bwnWUUAAYrbq
the xiden recession has already started…it’s only more compound because of the dembot inflation
 

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