Bernie Sanders 2020

Welcome back!

For sure. Revelette is a thoughtful poster.

Thanks, good to be home (virtually.)

I know, sadly ironic.

Every member of Congress is there because they appealed to a majority of voters. It is very rare that they vote in ways that are contrary to the views of the majority of their constituents. I wish it would happen more but it doesn't.

You can't vote for a bomb-thrower who vows to block every effort of the other side and then complain when things don't get done.

You shouldn't complain about Congress "making sense" because the "sense" you want is a minority view.

We have the Congress we deserve.

It may be premature to forecast recession, but many are thinking about it.

We'll just have to wait to see how all this pans out. One drop in the stock market does not equate to a recession. It has to do with the overall health of our economy, and that includes all of our trading partners. Economics is not science. One man cannot create a recession. Economics is based on 1) supply and demand of all goods and services around the world, and 2) the growth of our demographics.

Investors are spooked by a scenario known as the “inverted yield curve,” which occurs when the interest rates on short-term bonds are higher than the interest rates paid by long-term bonds. What it means is that people are so worried about the near-term future that they are piling into safer long-term investments.

The yield curve has inverted before every U.S. recession since 1955, suggesting to some investors that an economic downturn is coming.

https://www.google.com/search?
q=inverted+yield+curve&oq=inverted+yield+curve&aqs=chrome..69i57j0l5.7783j0j7&sourceid=chrome&ie=UTF-8

I think it's safe to say that stumbling into a trade war exacerbated underlying weaknesses in the global economy.

It recovered 100 pts today.

True: The biggest economies are losing steam, and the world economy always have cycles of good and bad. We just have to hope, we don't experience another "Great Depression." Trump's trade war is a danger sign. https://www.newyorker.com/news/our-columnists/trumps-trade-war-could-make-the-trump-recession-a-reality

The trade issues is one issue I don't understand the point of view with progressives and labor unions. I think trade is good for everybody involved. We the consumers end up having to pay twice as much with Trump's trade wars and the farmers and such suffer without overseas markets. I don't understand a thing about finance and money and all of that, but even I can understand the benefits of trade.

If we in fact "stumbled" into a trade war.

It may prove to be too difficult to pull off without collateral damage, but China's trade policies and violations of international trade laws has to be met head-on. To think that it could be accomplished without some pain would be silly. We didn't stop Nazi Germany, Imperial Japan, and the Soviet Union with just harsh words.

Make no mistake, China wants world domination and they have made long term plans on how to achieve it, primarily with economic means (including piracy and predation) but they will eventually have the military might to hold over the world. The idea that doing business with them would bring them into a peaceful cooperative relationship with democracies was at best naive. Democracies can thwart their goal, but only if they are willing to endure some short term pain. The Chinese government isn't elected and it has demonstrated it is willing to brutally crackdown on dissent. (Unless the Hong Kong resistance backs off, the recent troubles will not end well) so it can weather bad economic times far more than any democratically elected government can.

I worry that Western reliance on relative luxury may assure that China meets its goal.

My post about the “inverted yield curve” is not dependant on the number of points the Dow moves, at this point. If it rises 700 more or drops again is not really what I was posting about.

If we could have truly fair trade between nations, unmanipulated by governments or huge conglomerations, as much as possible, I would be for trying that.

All In w/Chris Hayes
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WATCH: Bernie Sanders on Israel’s decision to deny entrance to two elected U.S. officials: “If Israel doesn’t want members of the United States Congress to visit their country…maybe they can respectfully decline the billions of dollars that we give to Israel.”

You're right — "bumbled" is the word I should have used.

Impressive. It should have gotten more coverage. However, right now the focus seem to be on NH. Plus we are barely two weeks out from the horrible mass shootings. Probably not anybody was covered during that time.

That's proof enough that Israel is not a democracy. We're giving money to a country run by a tyrant. The country needs to be able to vote on this issue during our next election.