General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis is the beginning of the Great Depression
I know I'm depressed as hell.
Walleye
(35,671 posts)Marthe48
(19,023 posts)No one I know is recovering from this horror
Kablooie
(18,775 posts)Trump will have control of the nuclear codes and no generals to talk him out of using them.
So go ahead. Be depressed. It's a great time for it.
JoseBalow
(5,169 posts)knowing drumpf wouldn't do shit about it.
Persondem
(2,092 posts)... situation. The bond yield has been inverted for the last 6 months or so. Historically this augers a recession that begins 3 to 12 months later. With The Felon's idiotic economic ideas, shit could get real bad by the end of 2025. Tighten up, put some money into safe investments and keep an eye on the situation.
roamer65
(37,162 posts)Here are examples.
1837, 1857, 1873, 1908, 1929, 1937, 1953, 1960, 1969, 1973, 1981, 2001, 2008, 2020
2025?
Probably.
BTW, the yield curve inversion on Treasuries has been nearly two years
even longer than the inversion before the 1929 crash.
Marthe48
(19,023 posts)But thanks for the information
Marthe48
(19,023 posts)I was thinking more of the emotions.
I am trying to work on moving my assets, but so far, I'm thinking out of the bank and under the mattress :/
roamer65
(37,162 posts)Im sure the 1930s fit that scenario.
Be kind to yourself.