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#GreatRecession

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Posts tagged #GreatRecession

I like to remind people, I only became a #medical #doctor because I graduated into the #GreatRecession in 2008. If the #economy was booming I likely would have never taken that path. And I understand this is not a feasible path for many/most unemployed recent college grads for many reasons

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Original post on masto.ai

After that, #Congress decided in bipartisan fashion that it had had enough of special counsels sniffing around the #ExecutiveBranch. Barack #Obama pledged to look forward & not backwards, not only closing the door on prosecutions for executive lawbreaking but also failing to hold accountable […]

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#AIBubble #DotCom #SubPrime #GreatRecession have nothing on those. Everyone will feel the spray, not just the valley. All the economy eggs are in one basket. It is not competing against itself, #China is going to win the race. They have the energy, engineers & researchers.
bsky.app/profile/thin...

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Don't Worry - the Men Who Stole the American Dream Are Doing Just Fine I decided to take a look at executives involved in the 2008 financial crisis, which crushed the American dream for millions of families, only to find out, most of them are thriving in Trump's America

That was the most appalling part of the market meltdown known as the #GreatRecession. Little people lost their homes and everything else, and only a small potatoes banker got jail time. SO EASY to hate those creeps!
www.bettedangerous.com/p/dont-worry...

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Remember The Great Recession?

It's Déjà vu all over again."

#GreatRecession #EconomicNews

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Last month was the worst January for layoff plans since 2009: Challenger Layoff announcements ballooned in January, hitting the highest level for the month since 2009, according to a Thursday report from the global outplacement firm Challenger, Gray & Christmas.

Since 2009? Who remembers the #GreatRecession?

Tipping into #Trumpcession? Driven by tariffs, corrupt "deals" of self-enrichment, broligarch patronage, spiteful and delusional economic mismanagement?

Last month was the worst January for layoff plans since 2009
finance.yahoo.com/news/last-m...

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January layoffs highest since Great Recession: analyst Layoffs hit their highest total last month since the Great Recession nearly two decades ago, according to a new analysis, and employers don't look to be adding jobs soon.U.S. employers announced 108,4...

#SoMuchWinning #GreatRecession #FOTUSbankruptsUSA #ETTD 😐

January layoffs highest since Great Recession: analyst www.rawstory.com/layoff-total...

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Trump Is Reverse Engineering The Great Recession Residential mortgage-backed securities are back. Subprime mortgages are up. Welcome to 2008 2.0.

Amid aggressive bank lobbying and PEDO Trump’s deregulatory efforts, one of the core financial products that led to millions of #foreclosures during the #GreatRecession is being quietly readied for a comeback — even as #economic and #climate conditions make its return all the more #destabilizing

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GOP pollster shares damning chart about Trump's economy A GOP pollster shared an eye-popping chart about the state of President Donald Trump's economy on Tuesday. Trump campaigned on a promise to revive the American manufacturing industry, primarily by imp...

#America is losing blue-collar jobs – something that last occurred during the early #Pandemic and the 2008-09 #GreatRecession. Employment across trades and industry is DOWN -123,000 since early 2025, and has declined nearly EVERY month since FEBRUARY,"
www.rawstory.com/gop-26748543...

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The "Trump Effect" is on full display in recent reports confirming that #corporate #bankruptcies surged in 2025 (at least 717) to levels rivaling those in the immediate aftermath of the #GreatRecession --- thanks to Trump's failed #tariffs.

#MAGA 👌🏻🇺🇸

The #Trumpcrimefamily made over $10 billion 😂

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#WaPo: Corporate bankruptcies surged in 2025, rivaling levels not seen since the #GreatRecession, the highest level since 2010!

During the economic mess caused by convicted FELON and adjudicated sex offender, donald trump, the #US manufacturing sector lost more than 70,000 jobs!

Because trump is 🗑️

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uhhh...not sure about this. I switched sectors to #medicalschool due to the #GreatRecession, and it took me...8 years of training and a total of 13 years to get myself out of the #studentloan hole.
Not sure a lot of people are gonna do that on a whim.

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At least 717 large companies filed for bankruptcy, levels not seen since the Great Recession.

Reasons cited: inflation, interest rates and the Trump tariffs which increased costs.

Small businesses, farmers, & consumers are also filing bankruptcy at a record pace.

#bankruptcy #GreatRecession

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a black and white photo of a street scene with a sign that says pepsi on it ALT: a black and white photo of a street scene with a sign that says pepsi on it

Republicanomics gave us the #GreatDepression and the #GreatRecession.

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With surging auto debt and repos across US, car-dependent Miami feels the pain Soaring car prices, predatory loans and stagnant wages are pushing Americans into record levels of auto debt.

The report found that annual car #repossessions and loan default rates are at their highest since the years during and immediately after the #GreatRecession
@erinwitte-cfa.bsky.social
www.miamiherald.com/news/busines...

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11 Signs That The U.S. Economy Is In The Worst Shape That It Has Been Since The Great Recession Get Michael Snyder’s Substack in your inbox

11 signs that the #US #economy is in the worst shape since the #GreatRecession.
To wit: In 2009 the #USGovt was $10Tr in debt, now $38Tr.
Debts of states, local govt, corporations & consumers have all soared.
We have been on the greatest debt binge in human history, but what did we get for it?

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The Next Foreclosure Crisis Has Arrived (The New Republic) While President Donald Trump is scrambling to try to fix all of the economic problems he’s caused with his own policies, many American families may be headin...

l.smartnews.com/p-6BQNJb56/x... #foreclosures
#GreatRecession 2 - canary in the coal mine'? l.smartnews.com/p-6BQNJb56/X...

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No! Such a bad idea. You’d never build any EQUITY. This is nuts.
Hedge, Equity Funds also purchased a large % of housing Last Quarter!
#GREATRECESSION #HousingCrisis 2009-took 7 pets of those who lost homes- in St Augustine. Many lost all. Even pets. Heartbreaking. Worried. #PulteNO #NO50yearMTG

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Repo Nation How America’s Auto Loan Bubble Turned Working Families Into Collateral

It wasn’t an anomaly.
It was a snapshot of the new American #economy: 1.7 million #cars #repossessed in a single year, the highest since the #GreatRecession. Banks call it “portfolio normalization.” Families call it ruin.

#TrumpCrimeFamily #MAGA #GOP

open.substack.com/pub/greedban...

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Layoffs surge to highest level since Great Recession—thanks, Trump (Daily Kos) A new report released on Thursday revealed a massive surge in job cuts last month and an overall increase in layoffs for this year—hitting levels not seen si...

l.smartnews.com/p-6xgw16Y8/q...
#layoffs
#jobmarket
#Trumponomics
#GreatRecession

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How soon will we find out what The Billionaires told their 6 Corrupt SCOTUS Justices to do about donOld's Illegal Tarriff Taxes?
Will SCJs tell The GOP's The Grift is over .. immediately?!
GOP's inevitable #GreatRecession is HERE & they've been in Power for 9 months.
#86theGOP and #InvokeThe25th

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Is double majoring a #public school thing? That being said, I don't think a double major is gonna help in this craptastic job market. I graduated into the #GreatRecession and neither of my majors helped me (friend above also went to #medical school and became a surgeon)
I feel for the youths today

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Here’s How the AI Crash Happens The U.S. is becoming an Nvidia-state.

"In this way, the #datacenter financing ends up being a real-estate deal as much as an #AI deal.

#nvida
#economy
#ChatGPT
#stockmarket
#risk
#greatrecession

www.theatlantic.com/technology/2...

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Hedge fund assets reach historic $5 trillion as quarterly capital flows hit 18-year high Hedge funds assets have reached an all-time high, as quarterly investor allocations grew to their biggest level since 2007.

Hedge fund assets highest since 2007. Hmm, was there another historic economic shift that happened around 2007... hmmm.
#GreatRecession

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Americans reach record car debt… experts fear a 2008-like collapse The soaring cost of cars and insurance is pushing millions of Americans to the financial brink. Wall Street is nervous that could trigger a recession.

' #Delinquencies, #defaults, and #repossessions have shot up in recent years,' the Consumer Federation of America warned in recent analysis. #Auto

'It looks alarmingly similar to trends that were apparent before the #GreatRecession.'

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Although we don’t have the same problems with subprime mortgages that we did during the #GreatRecession, these are some alarming 🚨 signs.

On top of one of the biggest subprime car loan companies going bankrupt.

We are heading for a credit crunch.

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Credit scores are falling at the fastest pace since the Great Recession, according to new data.

#equifax #experian #transunion #creditkarma #creditscore #creditscores #greatdepression #greatrecession #DOWjones #stockmarketcrash #wallstreet #banks #theFED

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Credit scores drop by the most since the Great Recession
Credit scores drop by the most since the Great Recession YouTube video by CNN

While Trump brags about how “great” the #economy is, #creditscores are dropping off a cliff!
Americans are falling behind on #carloans, #creditcards & personal #loans at rates we haven’t seen since the #GreatRecession 🛑 #MAGA 🎯

People are struggling just to keep up, and he’s completely disconnected

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If you forgot about the mortgage foreclosure crisis, today marks the date in 2008 when the largest Chapter 11 bankruptcy was filed. It was Lehman Brothers.

Crazy times!

#LehmanBrothers #Chapter11 #MortgageMeltdown #ForeclosureCrisis #GreatRecession #TooBigToFail

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Americans are drowning in auto loan delinquencies. Report says Congress needs to fix it. (USA Today) The growing costs to buy and maintain a car –exacerbated by inflation and tariffs –are leading to rising auto loan defaults and repossessions and a potential...

""Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the #GreatRecession," according to a report by the #CFA." #autoloans l.smartnews.com/p-6aXAtUiY/5...

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