No.99145
What sectors do you think the next recession will be in? How bad do you think it will be?
My predictions:
- The city of NYC, the city of Chicago, or the State of Illinois will declare bankruptcy.
- Money will flow out of the municipal and state bond markets, causing interest rates to rise in these markets.
- Loads of municipal and State bankruptcies.
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No.99147
here's my prediction:
>trump can't get re-elected because he isn't fulfilling campaign promises
>Bernie Sanders or Joe Biden win 2020 (pic related)
>Bernie or Biden make it so banks are forced to give out high risk investment loans and have to give consumer loans
>amount of savings drastically decrease
>economy goes into a recession like 2008
this will all happen conveniently when China's economy begins to collapse because all they do is print money.
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No.99148
>>99145
Funny you should mention NYC bankruptcy: >>>/n/752955
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No.99149
>>99145
bankruptcy is a natural part of a market economy
bailouts aren't
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