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BA Deere
Honored Advisor

Evans-Pritchard sees recession clouds gathering

The new president will be handed the baton along with a recession.

 

http://www.telegraph.co.uk/business/2016/10/19/fed-risks-repeating-lehman-blunder-as-us-recession-st...

3 Replies
bruce MN
Advisor

Re: Evans-Pritchard sees recession clouds gathering

Are you generally on board with his recommendations? This piece is a bit of a different take on things than you tend to ascribe to.
BA Deere
Honored Advisor

Re: Evans-Pritchard sees recession clouds gathering

Nox is a fan of Evans Pritchard and they are or were in the "everything`s great, everything`s fine Obama saved us all from calamity" crew.  However, I thought interesting Pritchard had this more "Peter Shiff" slant of liquidity drying up and the fed can`t...well better not tinker with interest rates or helloo recession.   Things aren`t good and fine and Obama didn`t rescue us from calamity, the can has merely been kicked down the deadend road.  And if Trump is lucky, it will be Hillary dealing with it...if it does make it to 1/20/17 before imploding.

Milligan Hay - Iowa d:^)
Veteran Advisor

Re: Evans-Pritchard sees recession clouds gathering

Hillary will blame "the Russians" and launch a nuclear attack. 

 

Enjoy these last few days before the Apocalypse begins. 💣