Posted on 06/14/2022 2:30:41 PM PDT by blam
Whatever Ben is smoking, I want some of that.
I thought we already had our two consecutive quarters of negative growth. Am I wrong??
Inflation this bad never ends without a MAJOR recession.
Janet Yellen will tell us she doesn’t understand recession 🤪
With things getting worse by the day...
A recession cannot be avoided.
And after the recession is here officially, things will get much worse.
Things will not get better until Biden and democrats are out of office.
Anyone for waffles?
Just gotta love these experts.
They don’t even have a clue about Econ. 101
Things will not get better until Biden and democrats are out of office.“
Right, in the meantime Joe is “changing lives”
We have had one quarterly report, I think it was -1.4%, later revised to -1.5% IIRC. In July we’ll get the 2Q report which would make a recession official.
I’m leaning towards it being “obvious” that we will get another negative report, the one wildcard being government spending. I know I’m in Frugality Mode at this point, if a decent number of other people are following suit then recession is a sure thing.
At least we may be able to stop any more damage till we have the House, Senate and Presidency.
We’re already in a recession, genius.
And by what measure of Bernanke’s past experience are we to trust Bernanke’s opnion now?
Things HAVE gone bad, and we are nowhere near the bottom yet.
The fit has hit the shan, folks, and there is no place or any time left to duck what is coming.
If we have a parallel in history, look at the storm that took down Herbert Hoover from 1930 on. His defeat in the 1932 election ushered in FDR and the New Deal, and a depression that was worse in 1938 than it was in 1933.
It’s not the landing I’m worried about, it’s the depth of the hole.
Well, with fuel and food prices this high, housing and transportation costs high and an inverted yield curve, recession seems to be a sure thing.
No you don’t. it clearly destroys brain cells.
you don’t want to become a Kool-Aid drinking commie do ya?
This is coming from the guy who said in 2007 that the potential problems coming from the subprime mortgage market would be contained. Shortly thereafter the SHTF.
Biden’s squinty eyed ship is going down in flames!!!
The good news, ammo supply and prices are just about back to normal, time to stock up again!
Well, when you put it that way... NO.
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