Gateway Pundit
During his remarks Powell said he does not foresee the U.S. sliding into a recession soon, despite a slowdown in global growth and uncertainties surrounding the U.S.-China trade war.
“I wouldn’t see the recession as the most likely outcome in the U.S.,” he said during his remarks in Zurich.
Powell told the assembly, “Our main expectation is that there will not at all be a recession.”
The only people surprised by this are those who didn’t take any kind of higher math or study any kind of economics in school; opting instead for more macrame’ classes and study hall.
The only recession worth noting is the dimwits declining hopes for victory in 2020!!
The recession is coming for all the grifting, globalist schemes that relied on the exfiltration of trillions of our dollars.
That’s because VSGPOTUS Trump is putting a stop to this grandest of all thefts!!!
We win on our own, they can’t win unless it’s stolen from us.
Still not tired of winning…although I did have to take a nap!
It’s Conventional Wisdumb. We are overdue for a recession which happen on average ever 10 years but usually there is some triggering event. Multiple cascading events.
Energy is cheap. Home prices are overinflated. Bank rates are low. Unemployment is low. These are good things, yes? Home prices if you are the owner not so much as a buyer.
But student loan debt now exceeds $1.3T which is creating a breakdown of the family in conjunction with higher earning women with college degrees who won’t marry a man whom makes less than them or is less educated. Some may but a lot aren’t.
Privatize student loans again and sell them back to banks.
When the next event happens what will be the excuse? They passed Dodd-Frank. Sarbanes-Oxley has been wasting a lot of people’s time for more than a decade.
As usual, the threat is a government that wants to jump into the fray to bailout those who should fail on their own.