Quote:
Originally Posted by Icarus2001 View Post
Have you got any factual trends to back up your belief in a recession or just the Facebook headlines?
your kidding right ?? Real estate developers/builders/speculators are going belly up left right & centre. It's going to be a bad one. We had to have it though. Everyone thinks they should be paid a $1000 an hour for doing SFA & everyone thinks their ****ty little house is worth $2m. Reality is coming home fast.
Well you have an opinion and I disagree. A real estate downturn does not a recession make. Do you have any other economic indicators pointing to a recession?