{"id":192934,"date":"2023-10-27T11:58:38","date_gmt":"2023-10-27T15:58:38","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=192934"},"modified":"2023-10-27T11:59:38","modified_gmt":"2023-10-27T15:59:38","slug":"do-you-see-how-virtually-all-the-economists-are-well-paid-to-lie-about-the-current-recession-and-coming-second-great-depression","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=192934","title":{"rendered":"<h3><b><i>Do you see how virtually all the economists are well paid to lie about the current recession and coming Second Great Depression?!<\/i><\/b><\/h3>"},"content":{"rendered":"<p><!--more--><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-484779\" src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_auto,q_lossless,ret_img,w_991,h_631\/https:\/\/realinvestmentadvice.com\/wp-content\/uploads\/2023\/10\/WSJ-Recession-Forecasts.png\" sizes=\"auto, (max-width: 991px) 100vw, 991px\" srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_auto,q_lossless,ret_img,w_991\/https:\/\/realinvestmentadvice.com\/wp-content\/uploads\/2023\/10\/WSJ-Recession-Forecasts.png 991w, https:\/\/sp-ao.shortpixel.ai\/client\/to_auto,q_lossless,ret_img,w_300\/https:\/\/realinvestmentadvice.com\/wp-content\/uploads\/2023\/10\/WSJ-Recession-Forecasts-300x191.png 300w, https:\/\/sp-ao.shortpixel.ai\/client\/to_auto,q_lossless,ret_img,w_768\/https:\/\/realinvestmentadvice.com\/wp-content\/uploads\/2023\/10\/WSJ-Recession-Forecasts-768x489.png 768w\" alt=\"WSJ Economist Survey\" width=\"991\" height=\"631\" data-perfmatters-preload=\"\" \/><\/p>\n<hr \/>\n<h3>As noted above, during 2007, most media, analysts, and the economic community proclaimed there was\u00a0<strong><em>\u201cno sign of recession.\u201d<\/em><\/strong><\/h3>\n<h3>They were wrong.<\/h3>\n<h3>Today, we are once again seeing many of the\u00a0<a href=\"https:\/\/realinvestmentadvice.com\/a-recession-is-coming-or-is-it\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><em>same early warnings.<\/em><\/strong><\/a>\u00a0Leading economic indicators, inverted yield curves, and the change in monetary velocity suggest the risk of a recession is elevated.<\/h3>\n<h3>There are three lessons to be learned from this analysis:<\/h3>\n<ol>\n<li>\n<h3><em><strong>The economic \u201cnumber\u201d reported today will not be the same<\/strong>\u00a0<strong>when revised<\/strong>\u00a0in the future.<\/em><\/h3>\n<\/li>\n<li>\n<h3><em><strong>The trend and deviation of the data<\/strong>\u00a0are far more critical than the number itself.<\/em><\/h3>\n<\/li>\n<li>\n<h3><em><strong>\u201cRecord\u201d highs and lows<\/strong>\u00a0<strong>are records for a reason,<\/strong>\u00a0as they denote historical turning points in the data.<\/em><\/h3>\n<\/li>\n<\/ol>\n<h3>We suspect the bevy of WSJ economists will again be incorrect in their assumptions.<\/h3>\n<h3>Unfortunately, we won\u2019t have that evidence until it is too late.<\/h3>\n<hr \/>\n<hr \/>\n<h1>READ ENTIRE ARTICLE HERE: <a href=\"https:\/\/realinvestmentadvice.com\/economists-no-longer-expect-a-recession-are-they-right\/\"><strong>Economists No Longer Expect A Recession. Are They Right?<\/strong><\/a><\/h1>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-192934","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/192934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=192934"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/192934\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=192934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=192934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=192934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}