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Will the global economy implode in 2016?
We're hosed - I have stocked up on canned goods
My private security guards will shoot the paupers
We'll be good or at least coast along
I have no earthly clue
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sitchensis
Mar 4, 2009

shrike82 posted:

Like the election was largely decided by how lovely neoliberal Dems have managed the economy and we still have people defending the Obama-Clinton economy. Like there's a serious amount of denial among posters here.

shrike82 posted:

We'll see a flood of money from Europe to the US partly due to flight to safety and partly due to the US commitment to deregulation. With stuff like Dodd-Frank on the chopping board, US financials are up 20% over the past month. I mean the EU is melting down - look at Fillon talking about firing half a million civil servants while Trump is focused on bringing jobs back to the US e.g. Sprint.

What exactly are you arguing here? Do you even know what neoliberalism is? :psyduck:

Yes, as a leftist, Clinton-Obama sucked. The Republicans and the Democrats agree on virtually everything in terms of economic philosophy. The only debate is on how hard and brutal the reforms will be. Neither party will substantially improve economic conditions for the average American -- at least, not to the extent the average American believes they will.

sitchensis fucked around with this message at 14:30 on Dec 8, 2016

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sitchensis
Mar 4, 2009

FWIW, I was reading these forums around 2007 or so and goons were very saavy at seeing the signs of the impending sub-prime mortgage catastrophe that eventually led to the 2008 GFC. Much more so than any mainstream economic coverage that was, like today, breathlessly reporting how amazing everything was.

I feel as though the big catalyst for the next recession will be the continued collapse of retail.

sitchensis
Mar 4, 2009

TBH any decision which economists hate gets a thumbs up in my books

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