US recession is over...!?

Discussion in 'Markets & Economies' started by theFNG, Aug 18, 2015.

  1. theFNG

    theFNG New Member

    Joined:
    Jan 17, 2015
    Messages:
    73
    Likes Received:
    0
    Trophy Points:
    0
    According to this article consumer debt is a good sign for the economy. The data given is from the FED's G-19 report. It shows a huge jump in consumer debt in the last 12 months. So does this mean the recession is over, or does it mean the bull run end is near? I can't find similar data for year prior to 2006 to see what exactly is a "healthy" level of consumer debt, but negative to near zero debt growth appears to be sign of recession. Thoughts?

    http://useconomy.about.com/od/demand/a/Average-Consumer-Debt-Statistics.htm
     
  2. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,861
    Likes Received:
    101
    Trophy Points:
    63
    What is happening now are the seeds that will grow into the wipe out in the U.S. economy.
    No single reason will cause this but instead an alignment of lots of small things.
    The interest rates in the U.S. will soon rise and these loans will be one of many things that will strangle any recovery. A soaring U.S. dollar will damage exports and the overtaxing government will do the rest.
     
  3. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    6,203
    Likes Received:
    12
    Trophy Points:
    3
    Location:
    Bundaberg
    People have to borrow to make everyday living expenses....Recession over? I don't think so.

    Regards Errol 43
     
  4. ninteno

    ninteno Member

    Joined:
    Mar 25, 2011
    Messages:
    648
    Likes Received:
    9
    Trophy Points:
    18
    Location:
    Germany
    us propaganda machine is doing at its best.
    how can hugh private dept show a sign of a good working economy.
    show on real income and you will see the truth

    normally the stock market level gives you an answer to how good the future expection is.
    since 2008 nothing is true that is comming out of the us propadanda and its mainstreammedia
     
  5. -j-p-shmorgan

    -j-p-shmorgan New Member

    Joined:
    May 24, 2015
    Messages:
    1,009
    Likes Received:
    1
    Trophy Points:
    0
    Lol @ the recession is over.
    RECOVERY hasn't even started. Have you seen the amount of printed money since 2008???
    QE4 coming soon.
     
  6. Stroctor

    Stroctor New Member

    Joined:
    Apr 29, 2015
    Messages:
    112
    Likes Received:
    0
    Trophy Points:
    0
    The tee-vee told me so, thats good enough for meeee.....
     
  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member

    Joined:
    Nov 15, 2010
    Messages:
    22,026
    Likes Received:
    4,725
    Trophy Points:
    113
    Location:
    昆士蘭
  8. ryan71

    ryan71 Member

    Joined:
    Dec 3, 2013
    Messages:
    216
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Florida
    Yes, the US recession is over......as the depression begins.
     
  9. ryan71

    ryan71 Member

    Joined:
    Dec 3, 2013
    Messages:
    216
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Florida
    Yes, the US recession is over......as the depression begins.
     
  10. billybob888

    billybob888 Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2014
    Messages:
    1,692
    Likes Received:
    109
    Trophy Points:
    63
    Location:
    Australia
    dow just lost 531 points over night, oil dipped below $40
     

Share This Page