{"id":47906,"date":"2019-08-20T08:32:43","date_gmt":"2019-08-20T13:32:43","guid":{"rendered":"https:\/\/olduvai.ca\/?p=47906"},"modified":"2019-08-20T08:32:46","modified_gmt":"2019-08-20T13:32:46","slug":"11-reasons-why-so-many-experts-believe-that-a-u-s-economic-crisis-is-imminent","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=47906","title":{"rendered":"11 Reasons Why So Many Experts Believe That A U.S. Economic Crisis Is Imminent"},"content":{"rendered":"\n

11 Reasons Why So Many Experts Believe That A U.S. Economic Crisis Is Imminent<\/a><\/h3>\n\n\n\n
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The numbers are telling us that we have never been closer to the next recession than we are right now.  The storm clouds that were gathering on the horizon are now directly above us, and suddenly the mainstream media is filled with stories<\/a>about when the next recession will begin and the effect that this may have on President Trump\u2019s chances of winning in 2020.  In fact, there has been so much chatter about this that even President Trump is talking about it<\/a>.  All over television, experts are breathlessly speculating about when the coming recession will begin, and they are dispensing lots of advice about how people should be preparing for it.<\/p>\n\n\n\n

So what evidence has led so many of these talking heads to come to such a conclusion?<\/p>\n\n\n\n

Well, the following are 11 reasons why so many experts now believe that a U.S. economic crisis is imminent\u2026<\/p>\n\n\n\n

#1<\/strong> Last week, the \u201cspread between the U.S. 2-year and 10-year yields\u201d<\/a> turned negative for the very first time in 12 years.  An inversion of the yield curve has occurred prior to every single U.S. recession since the 1950s, and this is one of the most important economic signals that we have seen yet.<\/p>\n\n\n\n

#2<\/strong> U.S. consumer sentiment just fell to the lowest level that we have seen in all of 2019<\/a>.<\/p>\n\n\n\n

#3<\/strong> 74 percent<\/a> of the economists surveyed by the National Association for Business Economics believe that a recession will begin in the United States by the end of 2021.<\/p>\n\n\n\n

#4<\/strong> U.S. industrial production just slipped back into contraction territory<\/a>.<\/p>\n\n\n\n

#5<\/strong>\u00a0The IHS Markit Manufacturing Purchasing Managers\u2019 Index just fell to the lowest level that we have seen\u00a0since September 2009<\/a>.<\/p>\n\n\n\n

 \u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

11 Reasons Why So Many Experts Believe That A U.S. Economic Crisis Is Imminent The numbers are telling us that we have never been closer to the next recession than we are right now.  The storm clouds that were gathering on the horizon are now directly above us, and suddenly the mainstream media is filled with […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[4901,827],"class_list":["post-47906","post","type-post","status-publish","format-standard","hentry","category-economics","tag-michael-snyder","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47906"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47906\/revisions"}],"predecessor-version":[{"id":47908,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47906\/revisions\/47908"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}