Forecast for US Recession Within Year Hits 100%

Celticguy said:
nothing like a World War to get people to straighten up and fly right. and martial law makes everything so god damned easy.

I wonder if EU will hitch their wagon to Russia or us... hmmm ? Good reasons to chose either one.
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The EU will go for the Empire as hard as the Canadians have in the end.

America will be all alone, and will be crushed.
 
Life is Golden said:
(Bloomberg) -- A US recession is effectively certain in the next 12 months in new Bloomberg Economics model projections, a blow to President Joe Biden’s economic messaging ahead of the November midterms.

The latest recession probability models by Bloomberg economists Anna Wong and Eliza Winger forecast a higher recession probability across all timeframes, with the 12-month estimate of a downturn by October 2023 hitting 100%, up from 65% for the comparable period in the previous update.

The forecast will be unwelcome news for Biden, who has repeatedly said the US will avoid a recession and that any downturn would be “very slight,” as he seeks to reassure Americans the economy is on solid footing under his administration.

But tightening financial conditions, persistent inflation and expectations of a hawkish Federal Reserve pressing ahead with rate hikes are raising the risk of a contraction.

https://www.msn.com/en-us/money/mar...in-year-hits-100-in-blow-to-biden/ar-AA133nzh
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Biden sure is damaging the US .I hope the Bozos that elected him are happy.
 
cawacko said:
This may be behind a paywall but good read on the struggles of the Chinese economy and why their growth is currently slowing and predicted to continue on that path going forward. This idea that China is all powerful and the controller of the U.S. os a false own. They have too many problems of their own.


https://www.wsj.com/articles/china-economy-xi-jinping-ideology-11666016306?mod=mhp
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Beijing has the cash to survive the Greater Depression. The US government is desperately pushing for WW3 as their only hope for global dominance. Chinese folk are tough enough to survive the Greater Depression, whereas Americans are soft and will be the last to revolt against empire.
 
goat said:
Beijing has the cash to survive the Greater Depression. The US government is desperately pushing for WW3 as their only hope for global dominance. Chinese folk are tough enough to survive the Greater Depression, whereas Americans are soft and will be the last to revolt against empire.
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They have the unit cohesion.

We certainly do not.
 
goat said:
Beijing has the cash to survive the Greater Depression. The US government is desperately pushing for WW3 as their only hope for global dominance. Chinese folk are tough enough to survive the Greater Depression, whereas Americans are soft and will be the last to revolt against empire.
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They said much the same about Japan and the West before WW2. This time round Vietnam, Phillipines and Japan are all against Chinese hegemony.
 
Hawkeye10 said:
The EU will go for the Empire as hard as the Canadians have in the end.

America will be all alone, and will be crushed.
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Sorry but that's grade A bullshit. Trudeau is the son of a hardened Communist dictator whilst Europe is finally awakening to reality after a long slumber.
 
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Primavera said:
I started watching way back in 2011 in Saigon when there were street protests against the Chinese over the Spratly Islands. Shortly after the Vietnamese gave the 7th Fleet berthing facilities in Da Nang.
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My Sympathy Tank truly is running on fumes.
 
Hawkeye10 said:
They have the unit cohesion.

We certainly do not.
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Belt and Road is only able to invest in Eurasia because the world knows the IMF is a criminal organization. Msm is not allowed talk about all the protests going on in Europe, hoping Americans don't catch on to the world we live in.
 
goat said:
Belt and Road is only able to invest in Eurasia because the world knows the IMF is a criminal organization. Msm is not allowed talk about all the protests going on in Europe, hoping Americans don't catch on to the world we live in.
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This Revolution has spent 50+ years doing everything the could to keep the people ignorant.

I Refused.
 
goat said:
Belt and Road is only able to invest in Eurasia because the world knows the IMF is a criminal organization. Msm is not allowed talk about all the protests going on in Europe, hoping Americans don't catch on to the world we live in.
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I think on balance previous few would want to live in a world controlled by the CCP, America for all its faults is far more preferable. The worst day in recent history was 12/11/2001 and the admission of China to the WTO, only now is the West fully waking up to that reality.
 
Life is Golden said:
(Bloomberg) -- A US recession is effectively certain in the next 12 months in new Bloomberg Economics model projections, a blow to President Joe Biden’s economic messaging ahead of the November midterms.

The latest recession probability models by Bloomberg economists Anna Wong and Eliza Winger forecast a higher recession probability across all timeframes, with the 12-month estimate of a downturn by October 2023 hitting 100%, up from 65% for the comparable period in the previous update.

The forecast will be unwelcome news for Biden, who has repeatedly said the US will avoid a recession and that any downturn would be “very slight,” as he seeks to reassure Americans the economy is on solid footing under his administration.

But tightening financial conditions, persistent inflation and expectations of a hawkish Federal Reserve pressing ahead with rate hikes are raising the risk of a contraction.

https://www.msn.com/en-us/money/mar...in-year-hits-100-in-blow-to-biden/ar-AA133nzh
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Kind of easy to make a prediction of this sort when it's already come true... Don't ya think?
 
Primavera said:
They said much the same about Japan and the West before WW2. This time round Vietnam, Phillipines and Japan are all against Chinese hegemony.
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China, Russia, India, Africa, South and Central America, along with Iran, have all come a long way since WWII. The US was kicked out of Vietnam and Afghanistan for all the world to see. The last war we won was in Panama. Do you want to talk about the Falkland Islands, or the survival of Liz Truss?
 
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