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https://www.aljazeera.com/programmes/countingthecost/2018/12/economic-developments-watch-2019-181229064109297.html

This article is so well written I wanted to post it here. A lot of stuff to watch out for in the new year. I’m optimistic to an extent but am waiting for a hard crash because our economy has been quite recklessly managed.

The stimulus and tax cuts will potentially lose its leverage over anymore momentous economic growth after a year while the debt and the deficit will have increased tremendously.

The article states it’s possible another era of Reaganomics. So much for financial control on government spending by “fiscal conservatives”.

We think stock market “corrected” the last couple of months. I think there’s more negativity coming. Just give it enough time



Submitted December 31, 2018 at 02:59AM by CAMSE http://bit.ly/2SrYTcw

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