The Probability Of A Recession Happening In The Next 12 Months Is The Highest In More Than 40 Years!

by Michael

If they are actually telling us that a recession is coming this time around, how bad is it going to be?  In 2008, officials kept assuring us over and over again that there wouldn’t be a recession, and then we plunged into the greatest economic downturn since the Great Depression of the 1930s.  But here in 2023, what is coming is so obvious that nobody can deny what is happening.  The economy is already starting to come apart at the seams all around us, and the “experts” at the Federal Reserve openly acknowledge that they are making things even worse by hiking interest rates.  Pretty much everyone agrees that rougher times are ahead of us, and “a probability model from the New York Federal Reserve” is now projecting that there is a 68.2 percent chance that there will be a recession within the next 12 months… (Read More…)

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