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RichM

Us Will Be Hit By Recession Next Year, Says Soros

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US will be hit by recession next year, says Soros

A potential HPC hero in the making? We'll have to see...

The root problem was lax monetary policy dating back to the 1990s, leaving an overhang of imbalances.

"When you hold interest rates below normal levels you merely bring spending forward from the future. Well, the future arrives at some point. The housing market is already tipping over," he said.

Amazing!!! Have any other economists thought of this idea? :lol::lol::lol:

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Just tonight on the news they were saying how strong the US economy is. The Dow went over 11,000, yadda yadda yadda.

:lol::lol::lol:

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"When you hold interest rates below normal levels you merely bring spending forward from the future. Well, the future arrives at some point."

That's a very quotable quote.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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