Can you spot recessions from afar, or do you need to smell steam rollers?

Question

Can you spot recessions from afar, or do you need to smell steam rollers?

Answer 1

Not to worry. The $600 tax rebates will fix everything, just like the $300 rebate stopped... the recession... from.......

hmmm... nevermind.

Joking aside, it depends how much people are paying attention to the indicators, and what's been covered up to keep the indicators looking positive. So, it pretty much sneaks up on most people who are too busy looking elsewhere. They see the DOW is up, they think that means the economy is good, when the DOW is actually just one minor indicator among many.

Answer 2

Funny. Solar Power ,help for Society  forgotten each time so no they cannot be detected. Global Warming and Middle Eastern opinion on it ignored by The B.S. Mill which of course cannot smell either recession or Global Warming.

Answer 3

Seen it coming right around 9-11 I knew then what was going to happen and it is and yes Bush stole as much as he could and will. Funny thing about rich people they always need more for some mental reason andcould care less if someones starves to death-it mental and when recession hits the poor farmers that know hw to grow their own food will be rich and the rich will starve!

Answer 4

If you could wipe the greed from your eyes, the housing/easy finance boom of 05 was a good tell on an oncoming recession. Another tell is if you have a republican president for more than one term.