Posted on 12/26/2023 1:31:29 PM PST by davikkm
But, but...I did a search today on what the ‘financial forecast’ is for 2024 and ALL of the major brokerage houses and the Enemy Media stated that we’re going to have a ‘soft landing’ and that everything is Rainbows and Skittle-F@rting Unicorns so not to worry!
*SMIRK*
nicely done Diana! I can almost smell the skittlefarts already and I’m sure I heard that “sound” when Joe was asking why riff raff like me can’t understand what a GREAT economy he’s created for us. yeah, must be public school failed me on the road to indoctrination.
Well, I think Yogi Berra said it best: “It’s tough to make predictions, especially about the future.”
We have a consumer driven economy but the consumer has been buffeted by inflationary winds that are steadily shrinking disposable income. The rising costs of necessities (and higher interest rates) are leaving precious little left over for discretionary spending. That could be a big problem going forward.
Indeed a lot of banks going under
A sign of a robust and booming economy, Joe Biden said so, I saw it on TV...
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