I don't really care what forum it goes in as long as the word is out. I still fail to see how mocking the democrats ability to predict economic events and relating it to their failures in global warming predictions is not political, but hey no problem, I get more exposure in 'Economics' anyway, so be it. Its a win for Wildchild, AGAIN.
I can see we are dealing with a real scholar here gentlemen. Now, you'll have to excuse him - he's late for his birther meeting. Markets need to go down. The scary thing is that they aren't right now. Its Trump Pump after Trump Pump to the point it feels like a mixture of market manipulation and the PPT saving the market from realizing the ride up has to stop somewhere. Everyone I know who has an idea what is going on in the market has moved mostly into cash and cash equivalents in their retirements. If we don't start getting back to normal levels soon when the last boomers start drawing on their retirement we (the people who are left to clean up their mess) will be in a really bad position. All signs point to recession, and here you are pretending its some democratic conspiracy to hurt your fee-fees. Hannity would be very proud of you. Tow the line shill. He seems a little inbred (and racist) based on the "Hussein Obama" comment. Maybe we should give him a break. Its no fun punching down.
Based on your post you sound like a big time, bitter Hillary Clinton supporter and you do not have a firm grip on reality. Trump Pump after Trump Pump? What are you talking about? Who do you know who has an idea what is going on? Are you a Krugman supporter? Ohh racist, yeah did you think of that one yourself? Why is saying someones name racist? It makes no sense. At least you tried to put some substance in your post, which is more than I say about your buddy, but you are painfully wrong on many fronts.
The warning in 2019 was for a possible recession coming. Not for a recession in 2019. Anyway Economists got it wrong. Wow what a shocker. Now how about that federal budget deficit, baaaaaaaaalooning once again. Seems Dump got it wrong too how eaaaasy it would be to reduce it. Fake news huh?
I aced Calculus all the way up but Gaussian still gives me grief. I think he just has a hard-on for Boomers. Oh well, it is our fault really. We spoiled ya'll and made you soft af.
The boomers inherited a rich financial market and proceeded to destroy it with not even a single look towards the future. They grew up in a time of uninterrupted economic prosperity. The boomers were the original trust fund babies, living off the hard work of the post WW2 baby boom brought on by the greatest generation. This isn't conjecture, economists have attributed our current financial peril to the selfish actions of the baby boomers. Culturally, the destruction of the family unit, falling numbers of successful marriages, and poor education can be completely attributed to the "prosperity and individualism-without-remorse" culture cultivated by the worst generation to grace this unfortunate planet. Their hedonism took on loans the rest of us are going to be forced to pay off. "We made them soft" might be the way your father would describe you. How sad he'd be to see you're so willfully ignorant of the luck you had being handed one of the greatest economies in history. The core millennials born between 1989 and 1994 came of age in the worst market in the last 30 years. I remember competing for my first real job against a bunch of people 3 times my age. We had no benefit. We've been fighting since 2006. Millennials by and large save more and spend less compared to their boomer counterparts. The Millennials are closer in nature to the greatest generation than the boomers in terms of economic participation. While the boomers sucked on teet of the greatest generation they saved nothing, drove the economy into the ground on multiple occasions (1980 housing bubble anyone?), and took individualism to a level that ruptured the community fabric the country had before. Boomers still hold the majority of power, leaving Gen X and the millennials wondering when their opinions will actually matter. And now, for their final hurrah, we will see that they are going to begin leaving the country in droves to live somewhere cheaper (Mexico seems popular). Their magnum opus, the ultimate "fuck you, I got mine", will happen in the next 5-10 years. An edit for clarity: I have a grudge with boomers because their lack of foresight will come to a head by the time I'm getting ready to retire. My greatest economic fear will be when all of the 401ks and pensions start getting drawn on, and the market stays high - effectively locking my generation out of buying lower in hopes of accumulating wealth through passive investing in the same instruments. I have plenty of boomer friends. I don't hate someone for being a boomer. My grudge is strictly business - I am worried about my economic future. I realize what I said above might be inflammatory. I apologize if you're offended.