Recession warnings pile up as shutdown exits fourth week - Polidicks

Living through history again. Yes son i loved through hopefully the most retarded presidency ive ever seen

I really wish I could but our whole check and balance system has been fucked up by a corrupt Republican Senate. I honestly doubt trump will get impeached much less jail time. But if by some curse he wins reelection 2020 I'll probably drive up to DC to shoot him myself. It's been a while since the last assassination and if the politicians don't do something about it I think it's time for some real Americans to do it.

This is the hill Trump has chosen to die on, let him die like a man instead of trying to pull him off with concessions. It'll only teach him to climb up an even bigger hill and demand the world fold itself in half for him to come down. You don't give toddlers what they want when they throw a tantrum because it only teaches them that tantrums work.

Say hi to the Secret Service for me

You've gotta do it like this my man https://www.youtube.com/watch?v=1FickQdRT54

Cause capitulation always works, right? Especially with 70 year olds who have mental maturity that would make a ten year old look mature.

That's not what I'm arguing, no. Don't you think there could be a middle ground between globalization and isolationism? Or is that one or the other? I know how economy of scale works. What I take issue with is that we keep building our global economy around a nation that triggered two massive recessions already in the span of a century, and is well set to trigger a third one no more than a decade after the last one. Because of their shitty politics, they keep on removing regulatory financial safeties that aim to prevent or at least reduce the impact of the next recession. Yet, because this hands-off, irresponsible approach is attractive to investors and companies interested in short-term gains, the global economy keeps on tying itself onto a ship that's doomed to repeatedly sink. And because to support globalization means to assume that more free trade is automatically better, and that we can't restrict it to a particular country, especially when it's as "successful" as the US. We could also mention how it makes it much easier for tax dodgers to secure their assets in tax havens, but that's not what this thread is about. I'd rather we took a more sensible approach to global trade. That, to take part in it significantly, every country has to respect certain rules to ensure stability.

https://youtu.be/QEQOvyGbBtY

the point is to not choose a complete fucking moron for the job

That's the fault of the american two-party system and the whole mess with the electoral college to begin with less than the american public themselves, but they're at lesser fault for keeping away from the elections in the numbers that they did. Many of the states that swung, swung by very narrow margins.

Some of those states had voting machines whose records 'spontaneously deleted themselves as well as the backups' when the records were subpoenaed by a judge in order to ensure that the election results were not tampered with.

seeing how you guys elected bush twice so he would avenge 9/11, i wouldn't be surprised if you elected trump twice as well on some kind of similar premise. "the US is in danger and only he can save us, vote trump 20XX he has the balls to blast the bad guys!"

In '04 a lot of the same people who helped Trump smeared John Kerry, and it worked.

Every major economy right now is teetering. Its easy to point at the US, but China has had financial issues as well and Europe's economy isn't fast enough to keep up with demand.

We've yet to see a global recession originate from outside the US, though. As flawed as others may be, I don't think the US are exactly role models when it comes to responsibility towards the global economy.

tbh the problem is aside from US who else do you pass the torch to? China or Russia? EU itself is already fairly unstable so I am not sure they're a good successor either.

Send all your economic development to US-but-not-crazy, your old friend Canada. We're struggling with a minor populist infection ourselves at the moment but the doc says it'll clear up in a few years when Doug Ford mini-Trumps himself out of office through mismanaging Ontario. We're multicultural, we accept and welcome immigrants (although our policies are hardly "anything goes") and asylum seekers, and we've got tons of space for people to live on. Winter sucks but that's latitude for you. I'm kind of serious about this. If the big western powers are crumbling from internal rot, second-tier commonwealth nations like Canada and Australia stand to step into moral democratic leadership where the giants once stood. We don't have the military to play global cop like the US did but we're big enough to negotiate trade agreements with entire blocs, such as the EU trade deal that was recently signed. I don't think we're going to challenge China anytime soon, but give us thirty years of focused economic development as the new center of western economic growth while America goes full Gilead and we'd be spamming factories and trade infrastructure across the landscape as fast as we could accumulate demand to justify more.

the great depression, the japan bubble bursting, and the 1982 recession were all global events triggered by things outside US control. In the 1982 recession's case it was the rest of the world entering a recession and dragging the US down. Before 2008, recessions were just small blips that accompanied years of growth. 2008 was very unusual as far as recessions go.

Yeah, but Rob died of cancer, not of a crack overdose. In fact he was in rehab when his cancer was detected. And all of the Ford siblings are apparently pretty terrible. They're riding their father's successful company into the ground, as I understand it. Hmm why does this sound familiar.

Not sure where you read that the great depression was triggered outside the US. They were the first nation to be affected, and every source I can find mentions the cause was a speculative bubble amplified by the call loan system, which had been authorised to Wall Street in 1926. Hardly a matter "outside US control". Yes, recessions are usually small blips we easily recover from. The only exception being those that originated from the US. Meanwhile, regulations that were put in place after 2008 to prevent another similar economic crisis have been dismantled over the years. It should be pretty clear at this point that the US can't properly handle their responsibilities as global economic leader.

They're furloughed, too

there was a lot more that caused the great depression besides a stock slump. By 1930 the stock market had recovered but germany's economy implpded, which had been tied to the US by a series of loans from private banks granted by congress, and both france and britain also saw collapses which perpetuated the whole thing. the fuel for the great depression was the enormous debt from ww1 that the major european powers had no way to pay off, the 29 stock crash was just a spark.

Also, didn't Lisa Simpson inherit a recession from Donald Trump in that one episode?

It's either he wants it to burn to please Russia, or he wants people to suffer to please his Ego. Neither are qualities for a President fit to serve as President.

You're not wrong but that's a bot repeating posts it's found on FP.