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Recession NOT coming in 2019/2020

  • Last Updated:
  • Nov 3rd, 2019 12:52 am
Deal Addict
Jul 8, 2013
4427 posts
6867 upvotes
Somewhere in AB

Recession NOT coming in 2019/2020

This is a sarcastic post to counter-balance the weirdness that is going on in this thread: https://forums.redflagdeals.com/recessi ... 2-2228844/

First off, no one know when the recession will be happening and how long it will last. Therefore, I will now claim that there is no recession coming. Please invest as early and as often as possible, and wait about 3 decades and enjoy your fruits of labour.

Flame away!
"You don’t need to sacrifice stability, common sense, and comfort if a 1% bond still lets you achieve your financial goals." M. Housel
35 replies
Deal Fanatic
Nov 9, 2013
5800 posts
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Edmonton, AB
I’ll only believe you if your brother in law told you so!
Buy quality. Keep calm and go long (and note to self STOP SELLING).
Deal Fanatic
Apr 11, 2012
5865 posts
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Winnipeg
so it will come in 2021
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Banned
Jan 23, 2016
1430 posts
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Kitchener, ON
TileMan001 wrote: no recession, depression :)
This. The debt levels are worse this time.
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Deal Addict
Jun 28, 2018
1031 posts
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Toronto
Sparky9087 wrote: This. The debt levels are worse this time.
damn that comma!
The Distracted Investor

Dividends through quality companies 😃 Though I usually lose money with trades :facepalm:
Deal Addict
Oct 6, 2015
2463 posts
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Long-haul airfares are often a pretty good indicator of where the global economy is going.

And they appear to be collapsing right now. Can book a roundtrip New York to Singapore in Premium Economy for $1100 USD$. On a flight that goes 20-21 hours.
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Apr 21, 2004
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Hasn't drop for YYZ to the Far East for my daughter though. :(
Deal Fanatic
Mar 24, 2008
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Toronto
My brother in law supports OPs theory that there is indeed no recession coming this year, he is not a 100% sure about 2020 though. He is a very smart guy and he is a 100% invested right now. :lol:
-
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Aug 4, 2014
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5. We rarely fall off a cliff.

People often change their habits in the face of a looming catastrophe. But for that behavioral change to occur, the catastrophe must be salient, the outcome certain, and the solution simple.
10 Rules for Forecasting
Deal Addict
Jul 8, 2013
4427 posts
6867 upvotes
Somewhere in AB
Recession still not coming for 2019/2020.

Oh recession, where art thou?
"You don’t need to sacrifice stability, common sense, and comfort if a 1% bond still lets you achieve your financial goals." M. Housel
Sr. Member
Oct 21, 2016
946 posts
718 upvotes
TuxedoBlack wrote: Recession still not coming for 2019/2020.

Oh recession, where art thou?
Is everyone feeling good and confident because the market is soaring right now ? So naturally this thread comes out . As soon as we get another dip there will be doom and gloom posts regarding whether to go all cash, selling everything and waiting for the imminent recession to buy again . You can tell by the tone of the posts when market is doing well and when it is not. I wish people stay even keeled, yet we have posters who tend to get too high (currently ) or too low (dips)..
Last edited by Shaun80 on Oct 30th, 2019 7:18 pm, edited 2 times in total.
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May 11, 2014
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Rankin Inlet, NU
Shaun80 wrote: Is everyone feeling good and confident because the market is soaring right now ? So naturally this thread comes out . As soon as we get another dip there will be doom and gloom posts regarding whether to go go all cash, selling everything and waiting for the imminent recessiont to buy again . You can tell by the tone of the posts when market is doing well and when it is not. I wish people stay even keeled, yet we have posters who tend to get too high (currently ) or too low (dips)..
You've completely missed the joke :facepalm:
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Sr. Member
Oct 17, 2008
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Earth
LOL....reminds me of the overdue "End of the World" I've been waiting for since 2012 December.
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Aug 4, 2014
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TuxedoBlack wrote: Recession still not coming for 2019/2020.

Oh recession, where art thou?
Yeah I gave up waiting for layoffs & the package, so gave my boss 3 months notice today (plenty of time to find a replacement - I hope ;)) So will start my early retirement 11 months later than originally planned, but before I turn 52, so all good :) Feel so relieved that I won’t have to commute in February - the winter was predicted to be colder than usually Face Screaming In Fear

(This is not a joke :) Well unless I get bored staying home and will find another job.. lol But at least for a bit shall enjoy not taking crap from never happy 30 somethings ;))
Last edited by freilona on Oct 30th, 2019 7:12 pm, edited 1 time in total.
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Sep 18, 2016
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TuxedoBlack wrote: This is a sarcastic post to counter-balance the weirdness that is going on in this thread: recession-incoming-part-2-2228844/

First off, no one know when the recession will be happening and how long it will last. Therefore, I will now claim that there is no recession coming. Please invest as early and as often as possible, and wait about 3 decades and enjoy your fruits of labour.

Flame away!
Whats your play on Banks, lol.
"Do not allow yourself to become resentful, deceitful or arrogant"
Jordan B. Peterson
Sr. Member
Oct 17, 2008
793 posts
331 upvotes
Earth
freilona wrote: Yeah I gave up waiting for layoffs & the package, so gave my boss 3 months notice today (plenty of time to find a replacement - I hope ;)) So will start my early retirement 11 months later than originally planned, but before I turn 52, so all good :) Feel so relieved that I won’t have to commute in February - the winter was predicted to be colder than usually Face Screaming In Fear

(This is not a joke :) Well unless I get bored staying home and will find another job.. lol But at least for a bit shall enjoy not taking crap from never happy 30 somethings ;))
Happy Retirement! :) I am very jealous of you - :( 25 years more for me...argh!
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Aug 4, 2014
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andy_ca_cn wrote: Happy Retirement! :) I am very jealous of you - :( 25 years more for me...argh!
Thank you :) 25 years ago - heck even 5! - I was sure I’ll work till 65.. glad I found this and other forums - and learned about FIRE (initially I kept asking “But what are you gonna dooo for the rest of your life?” - but eventually “don’t take crap” became “good enough” reason Face With Tears Of Joy)
Sr. Member
Nov 24, 2016
684 posts
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freilona wrote: Thank you :) 25 years ago - heck even 5! - I was sure I’ll work till 65.. glad I found this and other forums - and learned about FIRE (initially I kept asking “But what are you gonna dooo for the rest of your life?” - but eventually “don’t take crap” became “good enough” reason Face With Tears Of Joy)
Congrats. Yeah, it's not about what you're going to do. Something will always come up. It's more about not doing things you don't want to do. I'm 31 and I think I have 15 years left. But depending on income levels over this time it might be sooner or later. I wish I could do it by 40 but there's no way lol.
Deal Guru
Aug 17, 2008
10841 posts
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Congrats @freilona. Bank year end is less than 24 hours away and there might have been still hope to get packaged out. On the flip side, this means Full Time "Short Term" thread soon. Smiling Face With Sunglasses
Answer not a fool according to his folly, lest thou also be like unto him = Never argue with an idiot, they'll only bring you down to their level & beat you with experience

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