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Comments by "" (@HShango) on "The chart that predicts recessions" video.
boom and bust cycle is part of capitalism, when investors see uncertainty occur in the masses and the masses start to stop spending then that is a tell tale sign that the economy is not looking good. 2. when a country example like USA and China go through trade wars that also makes investors that have heavily invested in that country or countries very nervous, remember this if investors pull out of that country or countries then you will be in trouble.
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he started it through a trade war, i thought that was obvious to an average American 🤦♂️
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@abhishekbhaskar6268 india, are you kidding lol, they're no where near as big as china in terms of middle class, not to sure about USA.
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the samething here n the uk, we always put tories (conservatives) into power when the GDP is looking dodgy or even when it is at its best or even when there is too much uncertainty
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All i am saying is... when USA and China sneeze 🤧 economically the whole world becomes ill economically.
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Recessions occur when there is too much uncertainty and too much debt going on in business too, this recession will be based on too much business debt and to many family debts, it may even involve mortgage debts again.
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