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The FED has already raised interest rates and has said they will continue to do so in the coming qtrs/years. The 2007 recession started about 2-3 years after gr
by eighthnate 9y ago
The FED has already raised interest rates and has said they will continue to do so in the coming qtrs/years. The 2007 recession started about 2-3 years after greenspan started raising rates in the latter part of 2004.
Also, we generally get a recession every 7 to 10 years.
Do we really need wall street banks to tell me what is going to happen.
I still think we have 2 or 3 years of economic growth but sooner or later the hammer is gonna drop on us.
The growth of asset prices, the expansion of debt and the growth of FED balance sheet is quite interesting. And this isn't just the US - China, Europe, Japan, SK, etc are also interesting.