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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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Ramrod Hotshot
May 30, 2003

Why would a recession in the US happen soon, other than it's 'bout that time? And if it did, wouldn't it be rather shallow? It's not like there's a housing bubble now. I don't know if there's a bubble to burst at all right now. Growth has been pretty anemic.

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Ramrod Hotshot
May 30, 2003

Well, good to know our favorite villains from the last recession will have their chance to repeat history:
http://www.rollingstone.com/politics/features/extreme-vetting-but-not-for-banks-w464966

Ramrod Hotshot
May 30, 2003

Apparently LIBOR is fake, which Matt Taibbi thinks means that $350T of lending transactions is now fraudulent. Can anyone with more knowledge of this comment on it?

http://www.rollingstone.com/politics/news/taibbi-is-libor-crucial-financial-benchmark-a-lie-w497305

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