fbpx
Preps and Solutions
(Sponsored Ads)
Silver
Recently Posted Articles and Videos
Ready Nutrition - Homesteading and Preparedness
Ready Gardens - A Ready Nutrition Company
SGT Report
The Daily Sheeple
The Prepper Website
The Daily Coin
Strategic Relocation
top Prepper Web Sites
Featured Destinations
The Liberty Mill
Web Destinations

Clarocet for Kids

Forecast: The Economy Is At A “VERY REAL RISK” Of going Into A Recession In 2020

Mac Slavo
March 14th, 2019
SHTFplan.com
Comments (13)
Read by 1,247 people
THC-free CBD Formula - Zero High Brand

The UCLA Anderson Forecast announced Wednesday that the United States economy is at a “very real risk” of falling into a recession in the year 2020.  “A year ago we were looking forward to a synchronized global expansion; today we are starting a synchronized slowdown,” wrote David Shulman, a senior economist at the forecast group.

Warnings of a recession began not long after the last recession (dubbed the Great Recession) was declared over. Many thought that the economy hadn’t actually recovered and that the problem was easy money policies of lenders and a much too low interest rate.  But others have been touting the strength of the economy as an American feat of greatness for the past few years, without much evidence other than the stock market bubble to back it up. But now, one of the most watched forecasts has declared the risk for a recession is very real.

A forecast released Wednesday by economists at UCLA Anderson School of Management said:  “The jolt from the very expansionary fiscal policies of the Trump administration will soon exhaust itself and there is a very real risk of a recession in late 2020.” The forecast has predicted that the GDP (Gross Domestic Product) will drop to 1.7% in 2019 and “a near-recession” level pace of 1.1 percent in 2020, according to a report by CNBC.

“The current expansion is getting long in the tooth,” writes UCLA economist Edward Leamer in his essay in the report. “We are in the 38th quarter of the expansion and only one of the previous ten expansions has lived so long, and it perished in the 40th quarter.”

“A year ago we were looking forward to a synchronized global expansion; today we are starting a synchronized slowdown,” wrote David Shulman, a senior economist at the UCLA Anderson Forecast. “The U.S. economy is part and parcel with the global slowdown, an eventuality we have been forecasting for over a year.”

Despite the grim 2020 outlook, the forecast sees the national economy staging “a modest rebound” during 2021. It anticipates the Fed will embark on an easing policy in 2020 and then by mid-2021 the pace of real U.S. economic growth is seen at “around 2 percent.” Even though that’s what caused the bubble to begin with.

Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
CBD Oils, Isolates, Supplements And Information
Please Spread The Word And Share This Post

Author: Mac Slavo
Views: Read by 1,247 people
Date: March 14th, 2019
Website: www.SHTFplan.com

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

13 Comments...

Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
  1. Just Wondering says:

    DemoRatic Response….Welfare for all

    The Gimme Dats will be voting DemoRat for all of the freebies.

  2. Ketchupondemand says:

    So if it happens, buy tobacco and booze stocks. You’ll be fine.
    We used to say when times are good, people drink. When times are bad, people drink.
    They’re gonna need a cigarette too.

    Off topic, on April 6, GPS clocks go into a reset.
    Some people are saying do not fly on that day.
    Could be something, or nothing.
    https://www.tomsguide.com/us/gps-mini-y2k-rsa2019,news-29583.html

  3. Ketchupondemand says:

    So if it happens, buy tobacco and booze stocks. You’ll be fine.
    We used to say when times are good, people drink. When times are bad, people drink.
    They’re gonna need a cigarette too.

    Off topic, on April 6, GPS clocks go into a reset.
    Some people are saying do not fly on that day.
    Could be something, or nothing.
    ht tps://www.tomsguide.com/us/gps-mini-y2k-rsa2019,news-29583.html

    • Mountain Trekker says:

      The real deal just passed you by! Altria stock drop to $42 with a 7% Div.there was no way that was going to stand it’s now around $52. Sure glad I had all my money tied up in PM’s. Trekker Out

  4. “It anticipates the Fed will embark on an easing policy in 2020…”

    They have to. You can’t taper a Ponzi scheme. The debt must grow or it all collapses. Even the ECB has reversed course and started buying again…after only a few weeks.

    Eventually, everything will need a bailout. State and local government pensions, private pensions, corporations and whole countries will need bailed out.

    They take turns creating debt and devaluing their currency to keep the currencies somewhat balanced for FX. It’s a scripted dance that will leave the public destitute and living down by the river in a refrigerator box and the bosses owning all the assets. But that’s how it works with a debt/money system. Growth equals growth of debt. No debt growth, the system collapses like in 2008. No bailouts means tanks in the streets.

    IMO this continues until the resources to run industrial civilization come up short. Whoever controls the most of these resources will be the last one standing. You can print money but you can’t print resources. The empire realizes this and this is why they are interfering in resource rich countries. Pompeo just gave a talk to the CEOs of the major oilcos and basically said that the State Department will be cooperating with them to weaponize the resource industry to their advantage.

    I guess the foreign policy follows that quote “The American way of life is not negotiable”. Was it Rumsfeld that said that?

  5. Old Guy says:

    I welcome a Recession. Inflation is stealing my fixed incomes buying power. I went by the school yesterday as it was letting out. over a hundred vehicles where causing a traffic jam. and they where all newer vehicles. It was parents picking their grade and middle school children up. Us boomers who supposively had it so good. We walked or rode the school bus.And after those parents picked up those kids. they went to the Wal Mart od the fast food joints. Heck many of those kids didn’t need to ride in a car or even walk. If ther was a downgrade the are so fat they could roll!!

    • rellik says:

      OG,
      What we need is a depression, where prices decrease.
      I have the same fixed income problem as you.
      At my location Hawaii island, Hawaii, prices increase
      at least 3% per year. Government inflation numbers
      are pure bullsh it.
      As for school I walked or rode a bike to school.
      I hated buses. I used get into fights just to
      get kicked off the bus. Pissed my parents off.
      They would not or could not give me a ride to/from
      school even in bad weather, so I got lots of exercise.

  6. We did walk about 2 miles to the bus stop in grade school. We only had one vehicle and my dad used that for work so no rides other than the bus. If you dickered around and missed the bus, you hid in the field all day so you wouldn’t get a strapping. No cafeteria lunch either. Brown bagged it until old enough to earn some money picking potatoes, catching chickens, or delivering newspapers.

    • Kids nowadays are “too good” to ride on the bus. That’s for “losers”. Don’t ya know.
      Mommy or Daddy get off at 3 pm to provide limo service. Unheard of in my time.
      Oh, are we going to get our asses kicked in a real war.

  7. Old Guy says:

    I cant see any viable solution. political or otherwise. It actually will not matter to me if Trump gets a second term or not. At present we are a nation in decline. I do not see and hope of reversing the decline.

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Commenting Policy:

Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn't immediately available. We're not trying to censor you, the system just wants to make sure you're not a robot posting random spam.

This web site thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.

 
THC-free CBD Formula - Zero High Brand

Web Design and Content Copyright 2007 - 2015 SHTF Plan - When It Hits The Fan, Don't Say We Didn't Warn You - All Rights Reserved

Our Supercharged Intel Xeon E5-2620 v4 Octo-Core Dual Servers are Powered By Liquid Web

Dedicated IP Address: 69.167.174.108

The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.

SHTFplan is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.