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Money and Finances
Reply to "2001, 2008, or 2022"
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[quote=Anonymous][quote=Anonymous]A recession seems likely. But people are forgetting how bad 2008 was. Without intervention, there was a serious risk of a global banking collapse in 2008-2009. We are no where near that level of risk.[/quote] I see your banking collapse risk, and raise you that we have completely depleted any interventions. The call will be the Fed raising interest rates to combat global inflation trends. Ugh I don’t play poker, but the gist is that sure things aren’t as bad, Fed can’t help, and in fact may have to put the squeeze to economy because of worldwide inflation [/quote]
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