A recession is coming. Actually, it is already here. How do I know? The top officials in the Avatar’s administration are screaming that we are not in a recession ahead of this week’s report that will show us to be in a recession. They are even trying to change the definition of a recession just like they changed the definition of a vaccine.
Treasury Secretary Janet Yellen, National Economic Council Chairman Brian Deese, White House Economist Jared Bernstein and even Joe Biden himself, all declared that despite the economic contraction you feel, see and can even quantify, we are not in a recession.
Even CNN cannot go along with this incredible nonsense. Let’s Go Brandon may be the first Democrat ever to strain CNN’s credulity. Think about the airports around the world. Everybody just heard Biden and the Democrats called unethical. Perhaps CNN is just trying to become a little bit relevant.
Of course, they did not say, “Biden is a liar and he’s not getting away with it, no matter how much he lies and cheats.”
The Democrats are trying to pivot to predicting a “mild recession.” This is delusional. A severe financial crisis is ahead. Selectively pumping trillions into the economy and the payrolls of globalist multinationals can only be sustained for so long. This is a cost-push, inflationary and energy-driven recession we are headed into.
In the real world companies like Walmart are predicting that high food costs and high fuel costs will continue to cause the economy to contract. Non-essential demand is being obliterated.
What is going on in China? There were runs on banks in China recently. There is a massive non-payment of mortgages going on there. The Chinese people seem to think that their economic system is falling apart. How will this propagate out to the rest of the world?
It seems that the time is ripening for the ending of Joe Biden’s time in the White House. The real question is how to do it. Everyone knows he has dementia but if they go that route they expose themselves to further backlash since they knew about it long before the election.
Hunter’s laptop probably precludes the corruption route for the same reason. The recent whistleblower news from the DOJ and FBI show that.
Biden did announce (was it a gaffe?) that he had cancer. Will they use this route to get him out? Is there some other disease that they could go with? This seems like the most likely path since they might be able to generate some sympathy for him and that could help in November.
Regardless, the recession is here and will be with us for a while. November cannot come soon enough.
This administration has no accountability. In order to fix a problem you have to acknowledge it exist. There are no problems so they do nothing. Pathetic!
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