The Makings of a 2020 Recession and Financial Crisis

in #economy6 years ago

The global economy is on fire. This is being led by the United States which rang in a staggering 4% growth rate.

There are many reasons for this success, one of the main being the easy money policy shown by central banks. The stimulous provided is reaping great benefits.

How long can this last?

According to economist Nouriel Roubini, not too much longer. He sees things carrying forward into 2019 but the party will be over by 2020.

He lists 10 reasons why this will happen and how it will be worse than 2008.

Click on image to read full article.



My guess is late 2020... after Trump get re-elected... too the extreme surprise of left of course which will flip their shit btw... The left will blame the right, and the right will blame the left, and meanwhile the larger agenda at play will continue on as planned. When the fuck are people going to wake up to the bigger agenda at play here?

I have been reading thousands of crash prophecy over the last ten years and it never happend what the so called experts are telling. My guess is the crash is coming when the last Bear like Marc Faber, Peter Schiff and Roubini turns bullish on the market. How can a crash happen when so many people are expecting it?

Not taking away from this or Roubini, but isn't the pattern of financial warnings generally an imminent +1.5-2 years out regardless of the year?

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