great recession

POD is Ross Perot begins his 1992 Presidential campaign with James Stockdale as his running mate by founding the Reform Party in 1990 as a protest to the beginning of negotiations for NAFTA . For the 1990 Congressional elections he has his party candidates stand all seats in the Congress and...

How plausible is the following scenario: Whatever caused the initial stall in home prices in 2006 happens 6 months earlier. This early weakness leads to Harold Ford inching out a victory in the 2006 Tennessee Senate Race and an additional 10 democratic house seats. This gives the democrats a...

Assuming that the Euro Crisis that started in 2009 somehow became worse, disregarding the why for the sake of this discussion, what would the likelihood be of one or more PIIGS countries (Portugal, Italy, Ireland, Greece and Spain) leaving the Eurozone, either reverting to a ¨Southern Euro¨ or...

In 1998, the default of Russia and the so-called Asian Contagion led to the collapse of the hedge fund Long Term Capital Management. LTCM had a computerized system for managing their Hedge Fund; however, although it was perfectly capable of handling trading under normal circumstances, it had far...

What if the Great Recession became a full-blown Depression? What would have to happen to trigger this, and what would be the effects?

A buddy of mine and myself have debating whether a coup during Saudi Arabia during the Great Recession would've worsened it and I began thinking on how the oil market could worsen the Recession in general? Would an earlier Arab Spring worsen it? How about an Iraq still controlled by Saddam...

The 2008 US Presidential elections by the failure of the Iraq War and the financial crisis. But what would the election have looked like without these two issues? Who would be the Republican and Democratic nominees? Who would win the election?

The year is 2000. Vice-President Al Gore narrowly defeats George W. Bush to become the 43rd US President. Four years later, Gore loses his re-election bid to Senator John McCain. In 2008 President McCain is running for re-election, at least if his health permits. Under these circumstances, and...

After Gordon Brown succeeded Tony Blair in 2007, many expected the new PM to call a general election. At the time Brown was enjoying a honeymoon period and Labour was leading in the polls. However, Brown decided not to call an election. The following year Labour slipped in the polls in the midst...

What if the Great Recession was delayed by 2 years to occur at the end of 2009. Does Obama still win in 2008? Is the response to the Great Recession better or worse? Does it still last as long as it did OTL? Are events still similar as OTL?

Alan Greenspan, a once celebrated conservative economist, served from 1987 to 2006 as Chairman of the Federal Reserve. Lauded in his time, Greenspan has since been blamed for the 2007 financial crisis (along with many others) due his support for extremely low interest rates that encouraged a...

Supposing that John Kerry had narrowly won in 2004 and the Great Recession still occurs in 2007 (it may be different due to butterflies, but this POD isn't going to change the economic forces that lead to the crash) how would President Kerry have handled the economy? And since a Republican...

When discussing a scenario where the Democrats are in power in the early 2000's, the emphasis seems to be placed on Gore beating Bush in 2000. However there's no guarantee that Gore would even make it beyond one term. A Republican could just as well win in 2004, and make the same choices as Bush...

Disco, as it has been noted time and time again, got its reputation from the backlash in the late 70s. The Disco Demolition Night in 1979 was not only the crown jewel of this mentality but also a sign of changes in American cultural and political discourse, with all that it implies. The point...

As the title says, have TARP fail to pass in the House and Senate in 2008.

What if the infamous bank bailous of 2008 were delayed? Basically, Bush and the Repubs couldn't get their act together and it was up to the Obama Administration? Would they do it differently? Would they get the FDIC and SEC on the banks?