The silent recession

by Elon_Mockster

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Working in the energy field for many years starting during the 2008 recession and all the signs are back. Contractors are not ordering materials, there’s a glut of solar panels no one wants to buy, investors are no longer investing in startups and banks are failing. It’s interesting the “job market” is what’s holding us up however we read about major layoffs daily and hear of people applying to hundreds of jobs without any replies. The homeless population is booming, the government is overspending at an alarming rate and our border is wide open at a cost of $1,200 per year to every family and growing. Forget about energy prices and grocery prices as people have now accepted that as part of life. When will it all pop? What’s it going to take for the market to plunge below 3500? The market is completely disconnected from reality even with so much cash on the sidelines or permanently withdrawn. Anyone have a guess?

 

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