Quote:
Originally Posted by combusean
This is the longest economic expansion in the history of the country.
It is totally reasonable to not take it for granted, especially as things started to look dicey in the beginning of the year.
Honestly after the abject horror of the Great Recession I wonder why people don’t have their guard up. My only saving grace is that private capital markets will get hurt the most and hopefully that doesn’t trickle down to people on the street, but it absolutely will if there’s a similar credit crunch and businesses can’t make payroll.
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I agree with you if you read my earlier posts but biggus is famously overly pessimistic and cautious for years.