Thread: Next recession?
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cabmandone cabmandone is offline
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Join Date: Jul 2013
Location: Delphos OH
Posts: 32,387
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Quote:
Originally Posted by Shaun @ Tru6 View Post
On a broad scale, regulations are typically made to:

Reward K Street donors, essentially creative anti-competition

Prevent decrease in quality of life, e.g., asbestos, meat inspection

Increase quality of life, e.g., minimum wage, environmental regulation
Those last two have a direct effect on the economy and are the primary regulations that Trump reversed by EO.
I could be wrong but I don't see the economy going south anytime soon and I think if the "trade war" gets sorted out you're going to see another big year in 2019. We'll see. Meanwhile, I'm going to enjoy this ride! I'm moving inventory faster than I can acquire inventory and I'm not talking about cheap machines. In the last 4 weeks I sold three machines that were over 40K and one at 35K and I have customers waiting for similar machines to arrive. Times are good!
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Nick
Old 11-20-2018, 12:03 PM
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