subgenius wrote:Doctor CamNC4Me wrote:Just a quick thing, I read this morning that repos have spiked this fiscal year (it may be a record setting year for it). Last time that happened was right before the last crash. I’m not sure if QE can get us much further, but I’m figuring a massive recession is due. Any predictions with regard to consumer debt, repos, and how Trump is going to maintain the status quo?
- Doc
Democrats praying for recession is such an odd political platform, but meh - what else they got?
Got any citation for your repo stat?
This Democrat isn't praying for a recession. I have way too much invested for our economy to go tits up. Quite frankly, if I had to choose between a stable economy with consistent returns and low inflation (~1.5%) over a Democrat who, for whatever reasons, throws the dollar into a stagflation or hyperinflation scenario I'd hope for a Republican.
And since you like pictures:
https://www.google.com/search?q=us+repo ... HXMBJS92aM:
- Doc