Dismiss Notice
Thanks for being a member of our community. Please donate toward site expenses if you can.

Dr. Doom: "Credit Crunch Will Tip The U.S. Economy Into A Recession Later This Year"

Discussion in 'Political Opinions & Beliefs' started by resisting arrest, Apr 17, 2023.

  1. resisting arrest

    resisting arrest Well-Known Member Past Donor

    Joined:
    Oct 24, 2008
    Messages:
    2,944
    Likes Received:
    509
    Trophy Points:
    113
    Credit crunch ‘will tip the U.S. economy into a recession later this year,’ Dr. Nouriel Roubini says!

    The US gov't (FDIC) spent $22 billion to bail out 2 big banks (Silicon Valley and Signature). Who now pays for that bailout: big banks, small banks, the public? Big capitalists usually make others pay; that's capitalism.
     
    resisting arrest, Apr 17, 2023
    #1
  2. dharbert

    dharbert Well-Known Member

    Joined:
    Oct 23, 2020
    Messages:
    2,271
    Likes Received:
    3,330
    Trophy Points:
    113
    Gender:
    Male
    While we shouldn't be bailing out banks (they should be allowed to fail), we have given ten times that amount or more to Ukraine so far.....
     
    dharbert, Apr 17, 2023
    #2
    FatBack and ButterBalls like this.
  3. lemmiwinx

    lemmiwinx Well-Known Member Past Donor

    Joined:
    Aug 29, 2016
    Messages:
    8,069
    Likes Received:
    5,430
    Trophy Points:
    113
    Gender:
    Male
    So we're definitely going into a recession later this year. Please somebody tell me how are we supposed to know?
     
    lemmiwinx, Apr 17, 2023
    #3
    ButterBalls likes this.
  4. Independent4ever

    Independent4ever Well-Known Member

    Joined:
    Nov 23, 2020
    Messages:
    3,543
    Likes Received:
    3,581
    Trophy Points:
    113
    Gender:
    Male
    Well, the bigger, Pinocchio Biden's nose gets, the worse the recession
     
    Last edited: Apr 17, 2023
    Independent4ever, Apr 17, 2023
    #4
    FatBack, ButterBalls and lemmiwinx like this.

Share This Page