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Kablooie

(18,775 posts)
3. This could be the end of civilization.
Wed Nov 13, 2024, 08:06 PM
Nov 13

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.

Persondem

(2,092 posts)
5. Americans need to have a serious look at their financial
Wed Nov 13, 2024, 08:12 PM
Nov 13

... 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)
6. Recessions/depressions in the US most often start the year of OR the year after a presidential election.
Wed Nov 13, 2024, 08:19 PM
Nov 13

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)
8. Thanks for the ideas
Wed Nov 13, 2024, 08:43 PM
Nov 13

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)
9. Depressions can be mental and economic at the same time.
Wed Nov 13, 2024, 09:32 PM
Nov 13

I’m sure the 1930’s fit that scenario.

Be kind to yourself.

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