General Discussion

elleng

(137,743 posts)

11. 'Thanks.'

Tue Nov 19, 2024, 05:01 PM

Nov 19

You are probably correct; happens every 4-8 years; they mess up, we clean up.

Hoping my daughters and grands can 'survive;' I'll live for a 'few' more. (Have life insurance for THEM; hoping it'll help. Sad they and 'kids' not likely to do traveling I've done; THANKS DAD!!!)

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crimycarny

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Highlight:

We're about 12-13 months away from a long term economic decline. [View all] Yavin4 Nov 19 OP

Do you think we have a year of somewhat a normal economy? Irish_Dem Nov 19 #1

We'll be on Biden's economy through Aug-Sept of 2025. Yavin4 Nov 19 #8

Thank you very much. Irish_Dem Nov 19 #10

The cost of housing will probably go up. Jk23 Nov 19 #18

Yes definitely for new housing. Irish_Dem Nov 19 #19

If that is the case, we should do well in the midterms. Nt Fiendish Thingy Nov 19 #2

Trump will need a major distraction in 2026 to save Republicans in congress. Yavin4 Nov 19 #9

Disagree... WarGamer Nov 19 #20

He needs something bigger than that. Yavin4 Nov 19 #21

Nutanyahoo will do all he can to kill it. roamer65 Nov 20 #41

Already preparing. Starting to cut back on big expenses/big ticket items (not that I really have any now), and SWBTATTReg Nov 19 #3

And it will probably occur a lot sooner... Wuddles440 Nov 19 #4

I think it will happen even sooner than that Wiz Imp Nov 19 #5

Agree, Trumpism is terrible business. radius777 Nov 19 #33

Putin will be delighted Walleye Nov 19 #6

Agree, but think it will happen sooner bucolic_frolic Nov 19 #7

This ☝️☝️☝️☝️☝️ roamer65 Nov 20 #42

'Thanks.' elleng Nov 19 #11

THIS !!! Great time to sit in bonds, I'm at the age I can miss a 10% up vs take a 10% dip but at 5% bond returns I'd can uponit7771 Nov 19 #12

He can activate the tariffs and start the deportations on January 20. We'll feel the effects within a few weeks. LonePirate Nov 19 #13

I've heard Norm Ormstein estimate the collapse would being within 3-6 months. (nt) Earthrise Nov 19 #14

I can see that. Yavin4 Nov 19 #15

Tariffs and also undocumented laborers return to their countries to avoid being violently removed? Earthrise Nov 19 #17

I agree with you that there will be an economic crisis during Trump's Jspur Nov 19 #16

Bush got zero interest rates after 9/11 Yavin4 Nov 19 #22

I wonder who he'll put up for Treasury Secretary flamingdem Nov 19 #23

Everybody is on pins and needles about this pick. Yavin4 Nov 19 #24

Big Bird, no really it'll be Big Bird... Who'll be his best pick uponit7771 Nov 19 #25

(Kan)Ye would be on brand. (nt) Pinback Nov 19 #29

It will be basically immediate if the tariffs are going to happen. dchill Nov 19 #26

This depends greatly on how fast they enact their plans relayerbob Nov 19 #27

Agree! Make big purchases now. crimycarny Nov 19 #28

Definitely 👍 roamer65 Nov 20 #39

Interesting discussion. yellow dahlia Nov 19 #30

Don't even consider a house until 2026 or 2027. roamer65 Nov 20 #40

i'd say 6 months after he's sworn in Takket Nov 19 #31

Retail sales are already slowing down at an upscale mall I work part time at, Freethinker65 Nov 19 #32

You haven't seen anything yet. roamer65 Nov 20 #38

It will start in December 2025. Eko Nov 19 #34

The standard of living in the USA peaked in 1968 GreatGazoo Nov 20 #35

You say this based on what exactly? VegasVet Nov 20 #36

1. Trump's economic and domestic agenda Yavin4 Nov 20 #44

March to May 2025. roamer65 Nov 20 #37

Decline? These fucking idiots are going to usher in Great Depression 2.0: Depression Harder. Initech Nov 20 #43

I'm watching the market carefully... bif Nov 20 #45