Krugman & other economists predict: the next crash will be much worse than the Great Depression

[Mac1958]

Ray Dalio, manager of the world's largest hedge fund, is a much better resource, and he freely admits he can't say what's coming.

And by the way, at about 9:30, he addresses the "national emergency" of wealth disparity and inequality of opportunity.

 

[Crepitus]

https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts/

We have a crisis in leadership. How bad does it need to get for our lawmakers and politicians to stand up to the oligarch led corporations burning America to the ground?

We're building to it right now. Deregulation of the financial institutions that just got regulated after the 2008 crash is a major contributing factor. The banks that were "too big to fail" are now bigger and even more fragile. There's also the facts that credit card debt is at an all time high, incomes aren't keeping pace with inflation, and trade wars will raise prices.

The banks that were "too big to fail" are now bigger and even more fragile.

Bigger, yes.
A lot less fragile.

Not so. tRump and Co. are removing much of the regulation meant to make them stronger.

 

[HenryBHough]

The next Democrat president - and there will be one though possibly not in this century - will immediately start a huge depression and then a world war to "fix it". Hey, ducks quack; snakes slither and Democrats just gotta do what Democrats do.......

 

[Crepitus]

https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts/

We have a crisis in leadership. How bad does it need to get for our lawmakers and politicians to stand up to the oligarch led corporations burning America to the ground?

That libtard dwarf looking Krugman

said the economy would tank if Trump

were elected….

This proves he is Full of SHIT just

like every other libtard we know of.

Market was 20,000 when tRump took over and has gone up by about 6500 since.

Market was still dropping when President Obama took over and fell to a low of 6500. It then added 13500 to get to where tRump took over.

tRump likely will see recession in the next year or so if not sooner.

The Dow closed at 9,625 on election day 2008. Dropped almost 500 points the next day
The Dow closed at 18,332 on election day 2016. Rose over 250 points the next day.
In the 8 years after Obama's election, the Dow rose 8707 points.
Less than 2 years after Trump's election, it's up 8411.

Dow was in free fall when President Obama took over. The low was still to come. It bottomed out around 6500 in like late February of 2009 and proceeded to gain close to 14,000 points (almost tripling in value) over the next 6+ years. And tRumps policies are about to out us into recession.

 

[HenryBHough]

Dow was in free fall when President Obama took over. The low was still to come. It bottomed out around 6500 in like late February of 2009 and proceeded to gain close to 14,000 points (almost tripling in value) over the next 6+ years. And tRumps policies are about to out us into recession.

President Trump could cause a depression but he could do that only by suddenly turning Democrat. Then he not only could; he'd have to.

 

[Leo123]

Krugman is a TDSer and therefore unreliable in his economic predictions.

 

[Toddsterpatriot]

https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts/

We have a crisis in leadership. How bad does it need to get for our lawmakers and politicians to stand up to the oligarch led corporations burning America to the ground?

We're building to it right now. Deregulation of the financial institutions that just got regulated after the 2008 crash is a major contributing factor. The banks that were "too big to fail" are now bigger and even more fragile. There's also the facts that credit card debt is at an all time high, incomes aren't keeping pace with inflation, and trade wars will raise prices.

The banks that were "too big to fail" are now bigger and even more fragile.

Bigger, yes.
A lot less fragile.

Not so. tRump and Co. are removing much of the regulation meant to make them stronger.

Which ones? Be specific.

 

[Toddsterpatriot]

https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts/

We have a crisis in leadership. How bad does it need to get for our lawmakers and politicians to stand up to the oligarch led corporations burning America to the ground?

That libtard dwarf looking Krugman

said the economy would tank if Trump

were elected….

This proves he is Full of SHIT just

like every other libtard we know of.

Market was 20,000 when tRump took over and has gone up by about 6500 since.

Market was still dropping when President Obama took over and fell to a low of 6500. It then added 13500 to get to where tRump took over.

tRump likely will see recession in the next year or so if not sooner.

The Dow closed at 9,625 on election day 2008. Dropped almost 500 points the next day
The Dow closed at 18,332 on election day 2016. Rose over 250 points the next day.
In the 8 years after Obama's election, the Dow rose 8707 points.
Less than 2 years after Trump's election, it's up 8411.

Dow was in free fall when President Obama took over. The low was still to come. It bottomed out around 6500 in like late February of 2009 and proceeded to gain close to 14,000 points (almost tripling in value) over the next 6+ years. And tRumps policies are about to out us into recession.

In the 8 years after Obama's election, the Dow rose 8707 points.
Less than 2 years after Trump's election, it's up 8411.

 

[Deno]

https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts/

We have a crisis in leadership. How bad does it need to get for our lawmakers and politicians to stand up to the oligarch led corporations burning America to the ground?

That libtard dwarf looking Krugman

said the economy would tank if Trump

were elected….

This proves he is Full of SHIT just

like every other libtard we know of.

Market was 20,000 when tRump took over and has gone up by about 6500 since.

Market was still dropping when President Obama took over and fell to a low of 6500. It then added 13500 to get to where tRump took over.

tRump likely will see recession in the next year or so if not sooner.

Trump gets all the credit...……..

obongo didn't have a clue....

 

[Mikeoxenormous]

https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts/

We have a crisis in leadership. How bad does it need to get for our lawmakers and politicians to stand up to the oligarch led corporations burning America to the ground?

That libtard dwarf looking Krugman

said the economy would tank if Trump

were elected….

This proves he is Full of SHIT just

like every other libtard we know of.

Market was 20,000 when tRump took over and has gone up by about 6500 since.

Market was still dropping when President Obama took over and fell to a low of 6500. It then added 13500 to get to where tRump took over.

tRump likely will see recession in the next year or so if not sooner.

The Dow closed at 9,625 on election day 2008. Dropped almost 500 points the next day
The Dow closed at 18,332 on election day 2016. Rose over 250 points the next day.
In the 8 years after Obama's election, the Dow rose 8707 points.
Less than 2 years after Trump's election, it's up 8411.

Dow was in free fall when President Obama took over. The low was still to come. It bottomed out around 6500 in like late February of 2009 and proceeded to gain close to 14,000 points (almost tripling in value) over the next 6+ years. And tRumps policies are about to out us into recession.

I have an idea for the liberals on this post, go listen to Paul and dump all your stocks, and stick it in a wells fargo bank account. See how far your money will go when the next recession hits.....

 

[Crepitus]

https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts/

We have a crisis in leadership. How bad does it need to get for our lawmakers and politicians to stand up to the oligarch led corporations burning America to the ground?

That libtard dwarf looking Krugman

said the economy would tank if Trump

were elected….

This proves he is Full of SHIT just

like every other libtard we know of.

Market was 20,000 when tRump took over and has gone up by about 6500 since.

Market was still dropping when President Obama took over and fell to a low of 6500. It then added 13500 to get to where tRump took over.

tRump likely will see recession in the next year or so if not sooner.

Trump gets all the credit...……..

obongo didn't have a clue....

Lol, you would say that, wouldn't you.