Close To Recession?

[Mark K]

How does this differ from stagflation of the 70's?

Or deflation/stagnation (stagflation is probably a good word for it, I remember it from years ago) similar to that Japan's been experiencing for the past 20 yrs. or so. I think we're headed more in that direction.

Aging population. Check.
Lost a lot of manufacturing overseas. Check
Artificially low interest rates. Check

Short article.

https://www.weforum.org/agenda/2016/02/why-is-japans-economy-shrinking/

A lot of similarities. Maybe we can avoid it but I'm skeptical. I don't see the economy falling off a cliff like in '08 but more of a slowdown that defies attempts to revive it. Maybe an occasional dead-cat bounce but overall slow decline over the next 5-10 years. Maybe not a bad thing.

 

[Meandering]

The biggest companies on the stock market are international companies.

They have their foreign markets to bouy their stocks, and we'll just keep believing that things are great here because the largest companies are still making money.

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[Eli]

I hope Dr Carson comes up with some new angle for the slums.

 

[Meandering]

I hope Dr Carson comes up with some new angle for the slums.

Like fill 'em up with the former middle class?

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