Steve Hanke says the chance of a U.S. recession just shot up to 80%: There’s an 80% chance of the U.S. falling into a recession — much higher than previously predicted, according to Steve Hanke, a professor of applied economics at Johns Hopkins University.
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By Stock Chat

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34 thoughts on “Economist steve hanke predicts 80% crash: time to sell?”
  1. Avataaar/Circle Created with python_avatars Jay Renko says:

    Ok if you won't make the joke, I will… "Howdeee Hooo, Kyyyyle"

  2. Avataaar/Circle Created with python_avatars Dar Robinson says:

    I believe he meant 80% chance of a crash and not an 80% crash.

  3. Avataaar/Circle Created with python_avatars Jesus G. says:

    Hey Tom – I'm sure you won't see this message, but just wanted to let you know that I'm glad you changed the thumbnail on the video. I'm subscribed and watch/enjoy your content, but I saw the video pop up on my feed with that click-baity title and thumbnail and immediately decided to not watch it. Tom – you're better than that click-baity stuff, and your content is top-notch and can stand for itself – you don't need to be resorting to that type of stuff to get views/clicks….

  4. Avataaar/Circle Created with python_avatars Michael Plotkin says:

    Another great video, thank you for your hard work.

  5. Avataaar/Circle Created with python_avatars David Best says:

    DENVER, September 26, 2022–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE: PLTR) announced today that the Department of Homeland Security renewed its contract to support Homeland Security Investigations (HSI) with Investigative Case Management (ICM) software. The contract is worth $95.9M over a five-year period.

  6. Avataaar/Circle Created with python_avatars Karen Loing says:

    Jeremy Siegel got it right!!

  7. Avataaar/Circle Created with python_avatars Russell Takemoto says:

    I love the title Tom, "Time to Sell?" That's rich. The time to sell was Nov last year. Too late now bro. Lol.

  8. Avataaar/Circle Created with python_avatars David Hayes says:

    Tom – what is your definition of recession? Aren't we already in one? Only Joe Brandon doesn't think we are.

  9. Avataaar/Circle Created with python_avatars Giwa Nifemi says:

    I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for

  10. Avataaar/Circle Created with python_avatars d c says:

    💩We love him, we love you 💩😂

  11. Avataaar/Circle Created with python_avatars Zunaid Porbandawala says:

    My guy. What's with the kiss at the end

  12. Avataaar/Circle Created with python_avatars Janet Mason says:

    It’s a new week and we’ve been facing a downward market ever since the dump in digital assets this year but on the bright side I have a well trained professional trader who helps me go home with a very satisfying amount in profits, I’m so grateful to him.

  13. Avataaar/Circle Created with python_avatars Francis Randolph says:

    We'll be fine

  14. Avataaar/Circle Created with python_avatars DavidTrumble says:

    So when do we say it's recession if the definition doesn't mean anything?

  15. Avataaar/Circle Created with python_avatars SEA says:

    👍👍

  16. Avataaar/Circle Created with python_avatars OldSchoolDude says:

    Me (whispers):
    USA is already in a recession
    (runs out the door)

  17. Avataaar/Circle Created with python_avatars BOSS ROSS says:

    We already had 2 quarters of – GDP…. We are already in a recession ….

  18. Avataaar/Circle Created with python_avatars EGE TAŞKIN says:

    Nice, a video about AMC2000X, AMC2000X is The Best Blockchain, I sold all my ETH for AMC2000X hours ago and I've never regretted the decision. I choose AMC2000X because I prefer to invest in The Best, I don't care who was first. On the long term, The Best will be number one.

  19. Avataaar/Circle Created with python_avatars GenBu says:

    1

  20. Avataaar/Circle Created with python_avatars Panda Kafası says:

    I`m having FOMO at the moment, everyone is talking about the new amazon AMC2000X

  21. Avataaar/Circle Created with python_avatars KOALA says:

    My life feels fixed after horrible markets but AMC2000X is the one I believe in!

  22. Avataaar/Circle Created with python_avatars Anand Houston says:

    I watched it though haha. There's definitely going to be a recession. Shocking people still don't see it somehow

  23. Avataaar/Circle Created with python_avatars Linda Sante says:

    You put out valuable content always…thank you, Tom💗

  24. Avataaar/Circle Created with python_avatars Darin Douglas says:

    Someone told me that interest rates should 2% above inflation for things to be normal. Is that a fair assessment of where interest rates should be?

  25. Avataaar/Circle Created with python_avatars Randy Ratcliff says:

    That's enough of that Hanke Panke.

  26. Avataaar/Circle Created with python_avatars David Beppler says:

    Who knew giving the top 5% trillions in tax breaks before paying the other 95% billions in stimulus would be a bad idea? When you hire a master of bankruptcy as president, what do you expect?

  27. Avataaar/Circle Created with python_avatars Worthless garbage says:

    I love seeing my retirement account down 12 percent

  28. Avataaar/Circle Created with python_avatars lum tavon says:

    Financial engineering by the government is failing: we are in a recession already till at least till Russia will retreat, so at least still 12 months.
    Good that interest rates are jumping up as free money only leads to high debts and greed.
    Good for all to force going green first and afterwards a safer world as Russia and the Middle East will then loose out big time .
    So just let it happen as nowadays I see too many spoiled kids upto 45 years of age!!!!!

  29. Avataaar/Circle Created with python_avatars Miriam Strauss says:

    Great video, as always!! We need to catch up soon!

  30. Avataaar/Circle Created with python_avatars Heather Tawn says:

    Why ha nobody mentioned the collapse of an austrialian central bank ?

  31. Avataaar/Circle Created with python_avatars Greg Busch says:

    It already is a recession. These guys are just F'ck'n clueless…LOL…

  32. Avataaar/Circle Created with python_avatars S O says:

    Mr hanky has been busy doing the hanky panky and now notices the moisture

  33. Avataaar/Circle Created with python_avatars Mr.Market says:

    What are you talking about??? We HAVE BEEN IN A RECESSION. We are near the bottom already

  34. Avataaar/Circle Created with python_avatars Martin Woods says:

    EV sales are booming. Polestar (PSNY) is on target to deliver 50k cars this year and 100k cars next year. October sees the launch of the Polestar 3 made in the USA – so will benefit from the new Biden EV tax credits. Orders start in October and deliveries will start in Q1 2023. The Polestar 3 will be Polestar's version of the Tesla Model Y – it will be their top seller going forward. Just look at the insane demand for the Model Y. Polestar is making more cars than Lucid and Rivian and yet the stock price is around $6 – what a bargain IMHO. Polestar is selling in 25 countries (30 by the end of this year). Lucid and Rivian are only selling in the USA.

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