Posted by JRSutton on March 27, 2015 at 08:35:00 from (108.49.155.221):
In Reply to: Our Economy posted by John in La on March 27, 2015 at 06:41:36:
Just think, recessions come around roughly on a 7 year cycle, so we're due now.
Our stock market has been artificially driven up by the low rates. Just talking about rates makes the market dip painfully, sooner or later they're going to actually RAISE them - and the market's going to nose-dive, again. I get that the "talking about it" is to lower the market and relieve some of the "pressure build up" - but it's still going to hurt when it happens.
That could be a big part of the next recession.
So what I wonder - have we recovered enough from the last one yet to have another one? Past recessions usually follow an economy that's booming that grew too fast. This time it's going to follow an economy that we have bend and twist statistics just to call recovered. I worry that it's not a good starting point to fall down from.
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