REPORT ABUSIVE REPLY
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Message Subject
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Breaking: "RECESSION IS COMING AND FAST" - Worst German data since 2007 as Retail Sales plunge, Italy enters in a technical recession
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Poster Handle
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Wondering Mind |
Post Content
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We're at the end of an 11 year bull run. The longest run in the history of the Unites States. Of course we're due for a recession or worse. 2016-2020 was always the cycle "Winter" timeframe.
I said over and over that if the cycle was correct then 2016-2020 will see one of the craziest economic downturns in history, and that the POTUS would be blamed for it and whatever party held the POTUS seat at that time would see the near destruction of that party for 10 years. No one listened.
We are at the precipice of the time in the Kondratiev long wave cycle where all those "new" technologies that have been brewing for about a decade replace the old ones. It's a time where those holding on to the past models and things will lose. Yes, I'm talking about a collapse that will user in near 100% use of electric self driving cars, cryptocurrencies, the complete death of big box retail, and so on. All those things that were "never going to happen" are about to. Get ready.
Quoting: The Årtist You would think that in time of global chaos as do have in many regions that securing EMP protection would have already been initiated and set up. If it is not then lights out for power grids.
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