Recession News. A Hot Take Here. 🔥 This Economy is Far Away from a Recession. Your Thoughts 🤔 💰💰💸 🇺🇲

by RunThePlay55

20 comments

  1. Listened to him. He is saying buy the 493 stocks that have lagged this year.

  3. I say next Christmas, 2024, will be lower volume than this one, personal debt is skyrocketing, and by then, money will be tighter in most middle and lower class families. I hope it’s not the case, but my 2 cents.

  4. President Biden has steered our economy into the safe zone. Inflation is over and now folks are starting to be able to breath a little bit easily.

  5. Inverse this. There is so much – lies – being reported as gospel truth.

  6. While we might not be facing an immediate threat of recession it is coming. I fear this recession will be worse than the one back in 2008.

    We have a housing bubble, we have a automobile finance disaster just starting, credit card debt climbing, savings being spent, and not mention the threat of a major war starting in the middle east.

    So far nothing has kicked us off into a recession. The UAW strike, writers strike and a casino strike that has cost the casinos millions of dollars. The other strikes that have been happening recently.

    Even high rates haven’t slowed housing that much. People are still building, and buying new homes at a record pace. A slight increase in unemployment isn’t anything to be concerned about.

    There is going to be a tipping factor soon, but what is is I’m not certain. This year looks fine, people are out spending, working, and the economy is chugging along.

    Last year in Dec of 2022, I thought there would be a recession starting about now, but it looks like I was wrong.

    I remember ’08 and I don’t want to repeat it. I hope we get that soft landing.

  8. Narrator: “Turns out the economy was not far away from a recession.”

  9. Yeah because the recession happened a year ago. We’re far away from the next one

  10. Uh oh, if they’re starting to say that there’s no recession incoming, it means that we’re actually fucked

  11. Is there an economic phrase for we’re not in a recession because people are putting everything on plastic?

    In the third quarter, credit card debt hit a new record high of $1.08 trillion, with the biggest year-to-year jump since the Fed started collecting the data. How is this sustainable on top of unaffordable housing and student loan debt?

  12. Depends on what you mean by recession

    Stonks will go up due to the inflated money supply. Assets always go up when money printer go brrr and it went BIG brrr during COVID

    Looking at personal debt levels / defaults / consumer spending – A lot of Americans probably feel like they are in one already.

  13. NBC is saying it ???
    Same network as Jim Cramer…
    everyone’s fucked

  14. Dude these guys are basically weatherman. There takes don’t matter.

  15. With unemployment so low, I can agree with the concept. Things can always change though.

  16. The fact that the establishment is in overdrive to try and propagandize and soothe the populace into believing that everything is ok should be the only warning that you need to realize that the very opposite is probably true.

  17. I think we are slowly turning into a recession. It would of been quick if bidens admin didn’t fix all of the financial aid errors. Now I’m waiting to see what happens when people HAVE to start paying back their loans. I also believe that AI is going to cause a recession. So many processes have become streamlined because of it and we could see a company shift to less people needed.

  18. Look online. People are crying they can’t feed their families. Can’t pay bills. Can’t find jobs.

  19. I mean, these people are SO out of touch with reality. It AMAZES me

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