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by bluGill 2505 days ago
It has been that way for as long as I can determine. There are always bad signs. Sometimes the doom is hours away, sometimes it is years away and in a completely different area. I have no idea how to tell the difference and I don't believe anyone else does either.

There are things you should do to prepare yourself. There are things you can do to prevent doom. They are all things you should be doing anyway even if God told you things would be alright for many more years.

1 comments

Between 2014 and 2018 or so, the mainstream economic outlook was really good. Unemployment feel below 5%, consumer confidence finally turned positive, economists were complaining about Yellen's continued doveishness towards interest rates when economic indicators showed things were strong, then the tax cuts and associated bonuses and reinvestment.

Brexit happened in mid 2016, the US trade wars start up in late 2017, consumer confidence fell off a cliff last year, etc.

Yeah, there's segments where doom and gloom is perennial. But mainstream reporting tend to report based on fundamentals such as employment, wages, corporate profits, etc.

Look outside the mainstream and you would have seen the people warning about the crash to come then. Nothing came of it as it turns out, but many crashes are not seen in the mainstream press in advance either so that doesn't mean much.