(Total Views: 73)
Posted On: 03/18/2017 10:27:32 AM
Post# of 5789
Getting Badder Bigly Fast is right on. Here is my list of crap that is going to send the US into a deep recession or worse soon.
1. Rising interest rates slow the economy
2. All levels of debt at or near all time highs, home, auto, credit card, government, all levels
3. New debt kid on the block, college loans, almost nothing in 2008, 10 times that now--college kids that get lucky and get a good job can't buy houses and other spending.
4. Pension funds grossly under funded and seeing some pensions already being reduced or like in "Gangland" Chicago where taxes are being raised big time to protect government retirees pension
5. Health insurance skyrocketing.
6. A growing kid on the block, now a teenager, "Robotics". More people losing jobs from technology than gaining. McDonald's and Wendy's getting order kiosks for example.
Feel free to add to the list.
1. Rising interest rates slow the economy
2. All levels of debt at or near all time highs, home, auto, credit card, government, all levels
3. New debt kid on the block, college loans, almost nothing in 2008, 10 times that now--college kids that get lucky and get a good job can't buy houses and other spending.
4. Pension funds grossly under funded and seeing some pensions already being reduced or like in "Gangland" Chicago where taxes are being raised big time to protect government retirees pension
5. Health insurance skyrocketing.
6. A growing kid on the block, now a teenager, "Robotics". More people losing jobs from technology than gaining. McDonald's and Wendy's getting order kiosks for example.
Feel free to add to the list.
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