Bubble Pop: Janet Yellen Could Create An Economic Crisis

19FortyFive ^ | 2/7/2021 | Desmond Lachman

[Onthebrink]

Sadly it seems like things in the U.S. economy are only destined to get worse.

[Lurker]

Wow. You commented instead of doing a hit and run.

Congrats.

Now to the point. Buy food suitable for long term storage.

Lots of it.

L

[HangnJudge]

All bubbles pop, better sooner than later. This one is likely to be horrific however, pray for the children and grandchildren

[EEGator]

Well, “we’ve” destroyed small business owners and propped up real estate for a year.

[facedown]

Bubble Pop: Janet Yellen Could Will Create An Economic Crisis

FIFY

That's part of the plan.

[Onthebrink]

It looks pretty awful. $27 trillion in debt...

[HangnJudge]

… It looks pretty awful. $27 trillion in debt...

All that debt , bound by full force of contract law…

[Lod881019]

Your going to feel it in the energy and job market not so much in the stock market

[Sirius Lee]

I can't believe people would still have debt after the housing bubble popped. But then again, so many deadbeats walked away with little repercussion, they never had a need to change behavior.

Average folks with 401Ks will be getting the haircut this time around, I predict. The commies are already eyeballing that pile of other people's money.

[Sacajaweau]

But she said if Biden gets his 1.9...we'll go to full employment in the wink of an eye.

Maybe having businesses reopen would help.

How does she even have the nerve to say that....because no one else is saying it.

[rrrod]

In 6 months you won’t recognize this country.

[Leaning Right]

> Well, “we’ve” destroyed small business owners... <

And when it comes to large businesses, who in his right mind would want to open a new factory in Biden’s America? You’d be choked to death by taxes, regulations, and directives.

[EEGator]

You’ve got some balls to blame those people while Ivy League MBA’s gave them loans knowing they would get screwed and walked away with millions in bonuses.

[cherry]

well, any suggestions on what to do with our 401ks?

[Sirius Lee]

You’ve got some balls

Thanks, I know.

[1Old Pro]

well, any suggestions on what to do with our 401ks?

At some point, move some to the guaranteed account.

[EEGator]

A true accomplishment, being born and all.

[Georgia Girl 2]

They’ve put her at Treasury because Trump basically dissolved the FED and folded it into the Treasury Dept. last year. Remember that movie “Pet Cemetery”? They are hoping she can somehow figure out how to resurrect it. 😆

[Sirius Lee]

That and being smart enough not to be like the people with 50K incomes that took out loans on 500K homes with only a $742.93 downpayment.