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Re: Oleblue post# 99573

Thursday, 08/21/2025 1:21:49 PM

Thursday, August 21, 2025 1:21:49 PM

Post# of 102883
LOL! Only means retail will get slaughtered when the rug is pulled.

Smart money will have already been out of the market when the bubble bursts.

Just like last time and the time before that.

Recession is Still Coming, Warns Reagan Economic Adviser:

The U.S. is on the cusp of a major economic downturn, according to a leading economist who served on Ronald Reagan's Council of Economic Advisers, despite such fears having abated for many.

In a recent interview, Steve Hanke, currently a professor of applied economics at Johns Hopkins University, described the contraction in the U.S. money supply—the total amount circulating in the economy—as a "harbinger of things to come."

"I think things will continue to show weakness and slow down in the United States and probably end up tipping into a recession later this year," he added.

https://www.newsweek.com/reagan-economist-warns-recession-coming-2111880

https://www.fidelity.com/learning-center/trading-investing/are-we-in-recession

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