Interest rate rise in US
Is a recession necessary for Trump to reignite the Economy?
A recession would ignite a liquidity crisis
>>1854650
March 15th is gonna be a bad time
>>1854699
Thanks bane
>>1854650
>Is a recession necessary for Trump to reignite the Economy?
The legacy of the great recession is it left a huge mound of debt globally that's weighing down the global economy. Companies still have high debts to repay or service making them reluctant to invest more, governments are burdened with high debts making governments unwilling to invest and households are still burdened with large mortgages so they won’t spend but save. If interest rates start to rise this debt burden could turn into a spiral of collapse.
im pretty sure another recession would destroy us all. id rather avoid one.