Saturday, September 24, 2022
Way..
Not..
We are not able to announce we are in a recession. First vote for us in November, then we can till you the truth. Today... You can't handle the Truth.
Ugly..
An interview with Bloomberg this week, Nouriel Roubini said that a recession is likely to hit the U.S. by the end of 2022 before spreading globally next year, conceivably lasting for the entirety of 2023.
“It’s not going to be a short and shallow recession; it’s going to be severe, long, and ugly,” Roubini said.
Roubini said that a recession is likely to hit the U.S. by the end of 2022 before spreading globally next year, conceivably lasting for the entirety of 2023.
“It’s not going to be a short and shallow recession; it’s going to be severe, long, and ugly,” Roubini said.
But with the current economic climate, the Fed’s soft landing goal is “mission impossible” according to Roubini, who sees the rapid rise in both corporate and government debt over the past year as a damning indicator.
BBB
Biden, in a tweet Tuesday,
President Biden
@POTUS
United States government official.
I am sick and tired of trickle-down economics. It has never worked.
We're building an economy from the bottom up and middle out.
9:39 AM · Sep 20, 2022
·The White.
Note: The idea of building the economy from the bottom up, is not to bring it to it's bottom first before you attempt to build it back better. Not to block the US energy project and not to sanctions the energy of Russia, knowing for a fact that this will cause inflation worldwide.
The White house always comes out after any speech by this President to say something to the effect "He really really didn't mean it". He himself got comfortable with that notion.