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Is this the tipping point that will start the recession?
by sschueller 7y ago
Is this the tipping point that will start the recession?
- nappy-doo 7y agoDoubt it. GE is small potatoes nowadays.
- whatok 7y agoI'm not agreeing with the previous poster but GE is anything but small potatoes nowadays. They have over 100bn in debt and there's a very real case where they get downgraded to high yield which is a near death sentence for an industrial company of their size.
- camjohnson26 7y agoThere’s much bigger problems with the economy than GE. See the yield curve inversion yesterday, the most reliable signal we have of a pending recession.
- theandrewbailey 7y agoMy bet is the trade war will be blamed as the reason for it. Looks like we're well underway.