osewalrus

Back in November 2016, after the election, I predicted the economy would begin to tank in 2019. This invariably happens when Republicans take over, largely due to their overall refusal to enforce anything against the private sector. Consolidation and consumer rip offs are naturally contractionairy. Mind you, it isn't clear what the precise trigger will be, but I'm confident enough in the pattern to have predicted in 2016 that solid Republican control of government would mean the economy tanking in 2019.

Which is why I view the inversion of the yield curve with some interest. https://www.vox.com/2019/3/25/18279705/yield-curve-inversion-recession-explained

In 2004, I was off by a year because I hadn't realized just how deep the corruption ran that made it possible to hide everything. I spent all of 2006 wondering why the financial world was not melting down given the large number of unsustainable things that made no sense. Turned out I wasn't wrong -- it was melting down -- but it got swept under the rug until it grew monstrous.

So we'll see.