Bernanke sees 'very sharp' recession, followed by 'fairly quick' rebound

Bernanke sees 'very sharp' recession, followed by 'fairly quick' rebound

From cnbc.com

Former Federal Reserve Chairman Ben Bernanke predicted the U.S. economy is heading into a sharp recession that shouldn’t last. “It is possible there’s going to be a very sharp, short, I hope short, recession in the next quarter because everything is shutting down of course,” he said. “If there’s not too much damage done to the workforce, to the businesses during the shutdown period, however long that may be, then we could see a fairly quick rebound,” Bernanke later added. Bernanke spoke Wednesday to CNBC’s “Squawk Box.” During the financial crisis that exploded in 2008, Bernanke guided the Fed ... (full story)

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Not-KPMG

Mar 25, 2020 7:06am

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Quoting afevir

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'fairly quick' rebound ???? 👎👎👎

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Yes...

After these guys...

Huzaaa

Attached Image

tmpascoe

Mar 25, 2020 3:27pm

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Quoting redpants

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Bitcoin is not a fraud but owned by people who pump dump it from 3000 but recently 4000 it tends to make lower highs. Corona shows us its not a safe haven. Its mining blocks halve in May so on principles of supply & demand it as value. But anything that can drop 40% in value like last week as real issues !

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Luckily the Dow only dropped 38.5% or we'd be in trouble

afevir

Mar 25, 2020 6:39am

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and , ok, we going down , first,

here2there

Mar 25, 2020 8:40am

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Quoting Maxthetrader

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{quote} Are you the BITCOIN freak? Don't you know bitcoin is a F-R-A-U-D?

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I wouldn't go so far to say Bitcoin is a fraud. But the crytpo market certainly seems to be the shadiest of all.

Not-KPMG

Mar 25, 2020 8:55am

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You haven't lived until you've seen this

https://brrr.money

Www.Brrr.Money
This asks for captcha?!?! First goes directly

I'm dying laughing

Maxthetrader

Mar 25, 2020 7:27am

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Quoting Not-KPMG

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{quote} Yes... After these guys... Huzaaa {image}

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Are you the BITCOIN freak? Don't you know bitcoin is a F-R-A-U-D?

redpants

Mar 25, 2020 9:16am

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Bitcoin is not a fraud but owned by people who pump dump it from 3000 but recently 4000 it tends to make lower highs. Corona shows us its not a safe haven.
Its mining blocks halve in May so on principles of supply & demand it as value. But anything that can drop 40% in value like last week as real issues !

Terrapin

Mar 25, 2020 6:06am

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He forgot the Else of his If, Then statement.

Not-KPMG

Mar 26, 2020 12:07am

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Quoting redpants

Disliked

Bitcoin is not a fraud but owned by people who pump dump it from 3000 but recently 4000 it tends to make lower highs.

Corona shows us its not a safe haven.

Its mining blocks halve in May so on principles of supply & demand it as value. But anything that can drop 40% in value like last week as real issues !

Ignored