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We are in a global recession

Discussions about the economic and financial ramifications of PEAK OIL

Re: We are in a global recession

Unread postby onlooker » Fri 21 Apr 2017, 17:48:07

https://www.theguardian.com/business/20 ... ent-expert
China's debt is 250% of GDP and 'could be fatal', says government expert
nice artwork Plant
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Re: We are in a global recession

Unread postby onlooker » Fri 21 Apr 2017, 17:56:48

Whatever its a heck of alot of debt. Has Short set up his new website?
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Re: We are in a global recession

Unread postby dissident » Fri 21 Apr 2017, 18:18:23

Plantagenet wrote:We are NOT in a global recession. Not right now.

The IMF just raised their economic projection for next year to 3.5% GDP growth.

No doubt sometime in the future there will be another global recession. But we're not in a global recession right now, and IMF projections shows the global economy will be better next year then this year.


IMF is the new Gospel...

http://wolfstreet.com/2016/03/25/world- ... in-volume/

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Re: We are in a global recession

Unread postby Plantagenet » Fri 21 Apr 2017, 18:26:43

dissident wrote:IMF is the new Gospel......wolfstreet.com.....wolfstreet.com.....


The IMF just raised their number for next years GDP growth to +3.5%.

What is wolfstreet.com's number for next year's GDP?

Do they even have a number?

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Re: We are in a global recession

Unread postby kublikhan » Fri 21 Apr 2017, 18:45:34

pstarr wrote:OMG. 8O :mrgreen: :idea: The trolls can't blame the bad news on zerohedge! At least Cog can blame the commies lol
..
diss, you charts are no good. :( The come from a . . . doomer site OMG . . . so say the trolls lol
And Pstarr wins this year's peakoil.com award for projecting. After having trolled the same thread twice within an hour and then projecting his trollish behavior onto others. Congrats!
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Re: We are in a global recession

Unread postby Outcast_Searcher » Fri 21 Apr 2017, 19:20:01

kublikhan wrote:
pstarr wrote:OMG. 8O :mrgreen: :idea: The trolls can't blame the bad news on zerohedge! At least Cog can blame the commies lol
..
diss, you charts are no good. :( The come from a . . . doomer site OMG . . . so say the trolls lol
And Pstarr wins this year's peakoil.com award for projecting. After having trolled the same thread twice within an hour and then projecting his trollish behavior onto others. Congrats!

+1
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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