you forgot the past 70 years of War and entitlement spending, and the 30 year treasury bull market, and the 6 years of ZIRP that made this possible. Debt will never go down. We're nowhere near Japan levels yet.
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The way Obozo has been quadrupling down on national debt, creating even more unsustainable entitlement economic nuclear bombs and this anemic "recovery" be lucky America is still around as we know it in ten years let alone QC.
Already some of you fools are seeing what your vote for Obozo got you as we see our health benefits evaporating before our eyes.
The next POTUS has a HUGE job to do, and I'm not sure we haven't passed the event horizon so to speak where anyone can stop what may now be inevitable.
If America dies, then QC goes with it and you will be out of a job?
death to america
Anonymous131638 - you nailed it
another recession
something gonna big happen
stay tuned for September and later end of this year
Stupid character escaping... I meant 1. new software leads to new hardware demand...2 new hard demand leads to component/semi-growth and 3. new hardware leads to new software demand...And the cycle repeats.
I wouldn't say it's a leading indicator of a tech recession. It's more of a indicator of transition/evolution of where the next stage of growth is headed.
The tech cycle usually is 1. new software ---> new hardware demand ....2. new hardware demand -> component/semi growth .... 3. new hardware ---> new software demand... and the cycle repeats. An all out tech recession happens when all 3 categories has "nothing new". However, in a transition stage, it might simply be one category is has not grown to the point of putting more demand on the other two categories. I don't think we're in a full blown tech recession. I think we're in this stage in which mobile software (though growing) has not really pushed a big demand for more hardware innovation that will drive semi/component demand (yet). Afterall, how much are those cores in a 8 core phone really being fully utilized??