Thread regarding Verizon Communications Inc. layoffs

Bloomberg, FOX, Goldman Sachs, Big Media All Saying the Same Thing

All big banks, all big media, talking heads are telling you to expect a major global economic slowdown in 2019, which has already started. Did you think all the empty malls were due to Amazon? Pull your head out of the sand ostriches.

https://www.bloombergquint.com/markets/commodities-are-flagging-a-weaker-economy#gs.524sCGY

https://www.cnbc.com/2018/11/19/goldman-sachs-believes-the-us-economy-will-slow-to-a-crawl-next-year.html

https://thehill.com/opinion/finance/417379-global-economic-slowdown-will-expose-trumps-trade-ignorance

https://www.nytimes.com/2018/11/18/business/dealbook/federal-reserve-interest-rates-stocks-economy.html

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Post ID: @OP+Wdja1yF

9 replies (most recent on top)

“What’s a mall?” - @drh

Mall: /môl/ a large building housing showrooms generally devoid of people, where one can go to examine and test items such as big screen TVs, prior to going home and ordering them on line.

ORIGIN: believed to be derived from the English language term maul (i.e., The 21st century mall was mauled by Amazon and, to a lesser extent, eBay et al.)

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Post ID: @2obs+Wdja1yF

OP, you mention FOX in your “sky is falling” rant aimed at the rest of us “ostriches” but you don’t site an article from them, but rather Bloomberg, CNBC, The New York Times, and The Hill.

What gives? Is there a FOX article/link too that you forgot to add?

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Post ID: @2rgm+Wdja1yF

Surprise, liberal media is all doom and gloom because of who's in office. The propaganda is strong.

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Post ID: @2ozh+Wdja1yF

Facts all that free money for 10 years ..only slaves pay interest ..Corporations will bring in the robots and automation

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Post ID: @1uax+Wdja1yF

Payments don’t go up because of recession .. it depends on what kind ARM/options/fixed individual choose

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Post ID: @ojy+Wdja1yF

"Ups and down natural..recession in Corner... as I interest rates hikes a little."

A little? When rates go from 3% to 5% it's only 2% but in payment terms, your payment just increased by 66%. If your mortgage payment goes up by 66% would you call that "A little" increase?

It's called Math.

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Post ID: @ooj+Wdja1yF

Amazon's share of total retail is roughly 5-6%, yet most believe the narrative that Amazon's the cause of the retail bankruptcies and empty malls. Funny, too bad people don't spend 1 minute fact checking

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Post ID: @hyl+Wdja1yF

Ups and down natural..recession in Corner... as I interest rates hikes a little.

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Post ID: @esb+Wdja1yF

What’s a mall?

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Post ID: @drh+Wdja1yF

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