US economy facing 'modest' recession next year, Fannie Mae says

[Delldude]

A law 30 years prior caused Lehman to collapse in 2007?


The government didn’t cause.the 2007 economic collapse. Greedy corporations did.

You should do some serious education on this subject so you don't end up talking out your ass, as you seem totally committed to do.

 

[Mac-7]

Did government control corporate decisions?

Yes government did

Jesse Jackson protested “redlining” and janet reno threatened the lenders who got the message and started writing risky loans

 

[otto105]

Yes government did

Jesse Jackson protested “redlining” and janet reno threatened the lenders who got the message and started writing risky loans

Ohhhhh, and capitalism just crumbled....


Sorry not buying that shit.

 

[Mac-7]

Ohhhhh, and capitalism just crumbled....


Sorry not buying that shit.

You dont have to agree as long as I know what's going on

 

[iamwhatiseem]

Rising interest rates at the Fed and sky-high inflation could trigger a recession​

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.


The mortgage lender said in a new economic and housing forecast that the economy faces a "modest recession" in 2023 as a result of the Fed's aggressive monetary policy tightening trajectory, fallout from the Russian war in Ukraine and the worst inflation in a generation.

US economy facing 'modest' recession next year, Fannie Mae says

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.

www.foxbusiness.com

Be sure and pat yourself on the back if you voted democrat.-OG

Fannie Mae???
Yeah... cause their record of accurate information is sooo good right?

 

[Harpy Eagle]

Jimmy Carter and the Community Reinvestment Act of 1977.

It passed in the House with a vote of 369-20
It passed in the Senate with a vote of 79-7

But it is somehow only the Dems fault.

And you wonder why you are dismissed as a partisan drone

 

[Ordinary Guy]

Fannie Mae???
Yeah... cause their record of accurate information is sooo good right?

its just as good as anything coming out of the Whitehouse which has been nothing short of bullshit since dementia brain took office

 

[otto105]

its just as good as anything coming out of the Whitehouse which has been nothing short of bullshit since dementia brain took office

Yeah, QOP fascists don't like actually governing.