Search Result for “economic recession”

There’s a difference between poor and broke. It would be nice if millennials now taught their children the power of debt, and how it can enslave a person. Hopefully, the next generation won’t make as many mistakes.
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Sadly, we haven’t learned from our past mistakes, and millions upon millions of Americans will find themselves drowning in an ocean of red ink once again during this next recession.
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We haven’t experienced anything quite like this since 2008, and most Americans are completely unprepared for a new economic downturn.
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This unsustainable bubble of debt-fueled prosperity that we have been enjoying in recent years has lasted for far longer than it should have, and it is just a matter of time before things dramatically deteriorate.
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Frankly, this should be common sense without a sheriff making you aware of it.
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The “Everything Bubble” is bursting, the “Perfect Storm” is coming, and all of our lives will never be the same again.
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The retail apocalypse is accelerating, America’s debt crisis is starting to reach a critical level, and very challenging days are approaching for all of us.
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The economy is very unstable right now, and all the signs of a coming recession on there. Will it happen in 6 months? One year? Two years? No one knows exactly, but the everything bubble the global economy is experiencing now will at some point, deflate.
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The federal deficit is expected to reach $897 billion in the fiscal year 2019, alarming many economists.
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If nobody blinks for a couple more months, the economic consequences of this government shutdown are likely to be quite severe.
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