Message from @cornshoe
Discord ID: 611130819494412289
It doesn't actually have to come
it will come
And not necessarily as before
With online currency now
Things are quite different
hm online currency, interesting
Wasn't America's greatest stock market crash mostly because of the banks' lack of ability to provide physical currency?
People literally lost money because the bank had no more
Well, it was also over-spending
And the stock market is being pretty unpredictable right now, so I think investing in something cheaper that I know will gain more value would be a safer option
Should short the US dollar
You’ll be rich
what?
@Katze Miaulitzer let me talk to your sister
nu, pedo
no
germany is in recession
run. it. up.
**IT WOULD MEAN A LOT IF YOU GUYS DID MY POLL IN THE VOTES CHANNEL**
Why?
Lol @ my boss who told me a recession wasn't coming. He flat out denied the a recession was inbound so I quit.
What recession..?
yield curves have been inverted for months
the 2s and 10s just inverted
everytime this happens, a recession follows
Put the tinfoil down, grandpa
>all economists are tinfoils
(Omg I'm sorry mods please forgive me, I think this is a meme 😦 )
ignore the bond market peeps, it aint ever got useful info 😉
@Children.Deserve.Cancer.REBORN for 70 years, every single time the yield for long term treasury bonds go below short term bonds there is a recession on average 12 months afterwards. It isn't even an opinion. These are statistics. Research it for yourself. Not to mention the stock market volatility is haywire, 1.4 Million Americans have been unemployed for longer than 30 days, global markets are declining aka Germany.
It isn't necessarily the end of the world but these are all great tells that the American economy will go into a recession. I'd say before Q3 2020 but probably sooner.
In 2008 it was a full 24 months after the yield curve invert. But it still happened.
2s and 7s have been inverted since december too
its the 2s/10s, 1s/10s which have been flat mostly, rather than fully inverted
the 3 month/10s have been firmly inverted
PMIs are in contraction in europe
china is slowing down quite a lot
australia's economy is shithouse
south korea is a basket case
UK, germany, italy and turkey are corked