Posted on 06/25/2014 1:31:56 PM PDT by Signalman
We are likely going into a depression, the lies from the MSM are just to be expected.
The economy shrinks by 2.9% and they yell “recovery”, if you take inflation into account this means Americans are probably 5% poorer than last year.
It will be ugly.
But it would be less ugly if we got rich during the process.
I am convinced that the downward revision for the first quarter to negative 2.9 percent from negative 1.2 percent is to “prevent” a new Obama recessions. A recession is defined as two quarters of negative growth in the GDP. If the “real” numbers for the second quarter is negative 1.6 percent from the unrevised number, the second quarter will show a positive 0.1 percent growth in GDP.
“The Republicans will take over Congress in November and be promptly blamed for the recession.”
The dems will blame repubs and the repubs will blame the dems .
Hillary will blame both and claim a “Third Way” is needed.
She will run third party “Third Way” and as we saw with yesterdays vote, the black drones will vote anyway they are told to vote.
My guess is that the spewing commences mid-2016.
Ping for later
More recently I have just relocated my household to our permanent bug-out location. These days all our eggs are coming straight from the chicken!
So true.
Chop off their heads!
Then next, the politicians.
Exactly! CNBC and the WSJ!
[ the only thing propping up the economy right now is the “propaganda bubble”
That and the near-zero interest rates on savings. ]
And when that savings one Bursts all we will have is the propaganda to prop it up....
You are more of an optimist than I, sir.
Of course. Traitors should hang.
It’s a race to the bottom; a depressive economy with slowing money velocity vs quantitative easing. There is a lot of debt out there, consumer, financial, corporate, and government. The demographic trends in the developed countries don’t look good; there won’t be enough young people to support pensioners, and provide the big consumer demand needed to support the economy.
We never left the 2008 recession. Now we are going to devolve into a depression. It will happen over time but escalating as it moves forward and made worse by the destructive commie in the Whitehouse.
If you are not prepared use the short time left to get stocked up.
There aren’t enough police officers on the face of the earth to adequately handle a situation like that.
I'm sure this will come as a surprise to the author but protecting citizens is not the function of police officers. They investigate and solve crimes already committed.
This thread and all the comments are so depressing!
Prepared, but for what is coming and for how long???
Good grief. SMDH.
-— The Republicans will take over Congress in November and be promptly blamed for the recession. -—
You can bank on that. The homeless may also return. It’s surprising that there haven’t been any homeless people in this depression...
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