Post
Topic
Board Economics
Re: New recession is around the corner
by
ricardobs
on 05/05/2019, 12:38:52 UTC
Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Your correlation is partially right. But all these movie organizations didn't necessarily rely on bank loans in order to fund their projects. They were already successful and profitable. I Believe that the sign of the next economic crisis is the fact that we undergo a long period of economic growth will low interest rates and this usually blows the recession.
This guy doesn't even know what he's saying and I don't see how movies are what can cause an economic recession. An economic recession is accompanied by a drop in the stock market and an increase in unemployment, that's what we should be talking about and not whether movies are good or not. Factors that can cause recession are reduced real wages, reduced consumer confidence, inflation, and high interest rates. That's the only factors that are sure to lead to a recession.