Recession coming without proper leadership

evince said:
In the U.S., the still-unresolved tariff war with China and the stalemated government shutdown may be having a bigger impact on the economy than many anticipated. Ian Shepherdson, chief economist of Pantheon Macroeconomics, told Politico’s Ben White that when the ripple effects of these big events are factored in, first-quarter U.S. GDP growth could drop to zero.

the second paragraph of the piece
Click to expand...

https://www.msn.com/en-us/money/mar...ecession-this-year/ar-BBSCOcj?ocid=spartandhp
 
evince said:
https://www.msn.com/en-us/money/mar...ecession-this-year/ar-BBSCOcj?ocid=spartandhp
Click to expand...

Here's the second paragraph of the opinion piece you linked to:

In the U.S., the still-unresolved tariff war with China and the stalemated government shutdown may be having a bigger impact on the economy than many anticipated. Ian Shepherdson, chief economist of Pantheon Macroeconomics, told Politico’s Ben White that when the ripple effects of these big events are factored in, first-quarter U.S. GDP growth could drop to zero.

https://www.msn.com/en-us/money/markets/contrarian-who-called-2008-housing-crash-expects-a-recession-this-year/ar-BBSCOcj?ocid=spartandhp

Thread title is a lie.
 
so the right is claiming this economic expert isn't correct

They said the same thing last time he correctly predicted what would happen due to the republican partys horrible management of our economy
 
Legion said:
That isn't in the opinion piece that Desh posted a link to, either, is it?
Click to expand...

your republican party was in the leadership when you crashed it last time


now your leadership is doing it again


He was correct last time


you were incorrect last time


why would any sane person believe your take on it?
 
evince said:
Voluntary regulation doesn't work, SEC's Cox says
By Rex Nutting
Published: Oct 23, 2008 10:32 a.m. ET



WASHINGTON (MarketWatch) -- Financial regulators made "fateful mistakes" that helped drive the global financial system to the brink, said Chris Cox, chairman of the Securities and Exchange Commission, in congressional testimony Thursday. Cox said he and other regulators have learned many lessons, chiefly that "voluntary regulation does not work." Cox urged Congress to fill "regulatory gaps" that are still putting the economy at risk. "The lessons of the credit crisis all point to the need for strong and effective regulation, but without major holes or gaps." Cox said Congress should appoint a select committee to address the challenges of regulation on a comprehensive basis.
Click to expand...

Bush's guy
 
evince said:
Voluntary regulation doesn't work, SEC's Cox says
By Rex Nutting
Published: Oct 23, 2008 10:32 a.m. ET



WASHINGTON (MarketWatch) -- Financial regulators made "fateful mistakes" that helped drive the global financial system to the brink, said Chris Cox, chairman of the Securities and Exchange Commission, in congressional testimony Thursday. Cox said he and other regulators have learned many lessons, chiefly that "voluntary regulation does not work." Cox urged Congress to fill "regulatory gaps" that are still putting the economy at risk. "The lessons of the credit crisis all point to the need for strong and effective regulation, but without major holes or gaps." Cox said Congress should appoint a select committee to address the challenges of regulation on a comprehensive basis.
Click to expand...

here is a link
 
SEC Votes for Final Rules Defining How Banks Can Be Securities Brokers
Eight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.
 
see that first link in my signature


its to the securities and exchange link frim this nations government


Its them admitting they left regulations unimplemented for 8 years while the housing bubble ballooned resulting in the bank CEOs screwing the American people for big retirement packages
 
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