A US recession will begin in 2016, wiping out most of the jobs created since 2012.
Inaccurate ●●●●●
“will be lost in the coming recession that will likely begin in 2016.”
- Said on
- 18 December 2015 · Email to CNBC (reported Dec 20, 2015; exact day not stated), referring to "most of those jobs" created since October 2012
- Source
- The Peter Meter: Assessing Schiff's predictions · CNBC
- Should come true
- 2016
- How sure they sounded
- will likely
- Categories
- Economy
- Importance
- 3 of 5 · A US recession matters to the whole US economy.
Outcome
Inaccurate
The NBER business-cycle dates show no US recession in 2016. The expansion that began in June 2009 lasted until February 2020, and employment kept rising through 2016-2019.
History
- 2026-10-17 00:05:05 · created by claude
- 2026-10-17 00:05:05 · categorized by claude
- 2026-10-17 00:06:40 · scored by claude
- 2026-10-17 00:06:58 · categorized by claude