The global economy 2016

[Apollo]

What the hell is going on. S&P500 is down -12% YTD. Oil is heading towards the lower 20s (was $100 a mere 2 years ago). China is slowing down. Will this be a repeat of the 2008-2010 great recession?

@AbdiJohnson and other economists have your say.

 

[Inactive]

Alot of the growth from 2008 until now wasnt natural. You can only have bailouts and central bank intervention for so long.

Recessions are caused by a decrease in investment, not a decrease in consumption. Small/medium business and corporate taxes should always be at 0%. Any government costs that a business or corporation has to deal with should be zero.

Btw I'm not an economist; you need a Masters at the minimum.

 

[waraabe]

Alot of the growth from 2008 until now wasnt natural. You can only have bailouts and central bank intervention for so long.

Recessions are caused by a decrease in investment, not a decrease in consumption. Small/medium business and corporate taxes should always be at 0%. Any government costs that a business or corporation has to deal with should be zero.

Btw I'm not an economist; you need a Masters at the minimum.

You don't even have a bachelor and u talking about masters. ass negriod

 

[Inactive]

You don't even have a bachelor and u talking about masters. ass negriod

Keep hating Saciida Musa

 

[McD30]

Here is an article from 2010 by Mark Hart who correctly predicted the collapse of US housing market in 08 and the European debt crisis. He said the next bubble would be in China and now the yuan is trading at a 5 year low.

http://www.telegraph.co.uk/finance/...the-next-enormous-credit-bubble-to-burst.html

"When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing." CEO Citigroup Chuck Prince in 2007.

You think people like that will stop what they are doing when the government bails them out?