I knew it!!
Oh how you make me laugh clempzenbill ! 😂 🤡The luny paranoid delusional Left hysterically declared many ridiculous things before he became potus last time, and none of them were even tried.
They don’t exist in reality.
We are headed for global depression and worse than the 1930’s.
We’re looking at global depression iyam. I’m stock piling food and anything I use on a monthly basis for two years worth. Buying a bread maker and a bunch of flour,salt yeast and freezing tons of butter cheese meat and even some milk. It’s only just beginning. Multiple droughts / famines around the world and poorer countries can’t afford exponentially higher fertilizer prices. China has killed 2/3 of their pork due to swine flu - more than the rest of the worlds pork combined. They also had the worst wheat harvest in generations. 44% of US farmland in severe drought. Buckle up.
Yes I’m thinking deep recession is best case scenario but I honestly don’t know how, and depression is probable if not likely.
All the indicators are worse than 2008 with more of them.
The lower and most middle class lost any saving they had because of the lockdown and inflation has prevented them from catching up, let alone saving up which is one of the very low indicators. Credit card debt is at all time high, and defaults are rising rapidly as well as car repos and mortgage defaults with one month late or more on payments rising rapidly as well.
The small businesses that survived the lockdown now can’t get commercial loans as banks are losing deposits and see the writing on the wall. They’re also holding hundreds of billions in treasuries that they can’t sell for what they paid, moving them closer to insolvency. Couple that with tighter M2 and people moving money out of banks there’s little to drive growth
Global orders and global shipping are crashing as well as domestic trucking.
Dont want to write a book, but that’s the tip of the iceberg, and it’s pitch black, no moon, foggy and we’re headed straight for it at flank speed
None of this is made up. We’re heading for at best a long deep recession but more likely a global depression. For us here it won’t be as bad. We are the most self sufficient country in the world and the most resilient economy, But financially many will lose big time and the poor and lower middle class will suffer severely.
the simpletons here will of course will throw there insults but ignore them, the way they ignore anything but their same old tired media sources. Do your own research, it’s all easy to find if you can be honest with yourself and deny what you hope is true. The world will never be the same again.