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who thinks the US economy is 'roaring back' ..? will we have the 'roaring 20s"? why news seems to promote this idea?
and why many think that we are actually entering the 1930s again? which is true? why this difference in opinion?
11 Answers
- darkvelvetrainLv 73 weeks agoFavorite Answer
The stock market and housing markets are both artificially inflated and the bubble will burst badly. We are on the cusp of a depression far worse than the Great Depression. Mark my words, it is going to be a very unpleasant few decades.
- Anonymous3 weeks ago
We are "roaring back" and anyone who thinks that will end in depression does'nt know what they hell they are talking about. The economy is on track to grow by 6.4 % in 2021 and 8.0 % in 2022. Your "favorite answer" guy knows nothing.
- 3 weeks ago
Think "tortoise and the hair," my Yahoo friend: "Slow but steady wins the race." What must be closely monitored by Janet Yellen and other economic professionals is the potential for INFLATION that weakens the value of the dollar. The fiscally illiterate Congressional Republicans let fiscally insane Donald Trump keep interest rates artificially LOW (near zero) to misrepresent (manipulate) economic variables during his tenure, so these interest rates must now be ever so slowly increased in small increments as our economy recovers---a balancing mechanism.
- Anonymous4 weeks ago
The "Roaring 20's" came after a pandemic (The Spanish Flu). "The Great depression" started when the stock market crashed in 1929.
We are dealing with a pandemic, but jobs are returning and the stock market is doing fine. That means, we're not heading towards another Great depression.
All because we learned from our mistakes 100 years ago.
- Anonymous4 weeks ago
It's in the process of gradual recovery just like Clinton and Obama had to deal with.
- Anonymous4 weeks ago
I really hope we don't have another roaring 20s period...I'd prefer to Not live through Another depression, and then a World War.
But, it seems like this century is determined to repeat the last one. Except this time, America is Germany.
- bilLv 74 weeks ago
Free press, the broadcast free Democrat 'reporters' and Cable Republicans...The The Democrat press thinks 're-opening' businesses SHUT by government actions = Roaring back. Republicans will wait and SEE if things ROAR like before the Cuomo Democrat 'care' home style actions that caused the shut down of every business with actual on site customers.
Source(s): Because slow Joe is 'president' - something MUST BE 'roaring.' - DavidLv 74 weeks ago
It won’t be if Democrats keep pushing these radical policies and agendas. I’m not Dem or Republican just in case anyone ad hominems me. They keep saying they want unity, but they’re actually causing the opposite by making everything about political beliefs, race, gender, etc.
- Anonymous4 weeks ago
the roaring twenties ended with a roaring collossal finacial crash in 1929
fact is economics works in cycles, and you can only influence that no matter who you are, you cannot outright change it..