Posted on 08/06/2024 9:46:56 AM PDT by Red Badger
“A recession is when your neighbor loses his job. A depression is when you lose yours’’.-President Ronald Reagan.
Books such as The Great Crash 1929 by John Kenneth Galbraith
detailed big swings up and down before the one that wasn’t taken seriously at first but signaled the end of the exuberance of that era.
But if the market is rescued by investors for real it would bring in the Kamala era and the US Chinese Communist style Woke Dem Dark Age. For generations.
The recession began shortly after OBiden took office. It’s just that the MSM has covered it up, lied about the numbers, and done everything it can to prop up the current regime in the WH.
And no manufacturing base..........................
This recession started in 2008.
Thanks to John Mcpain and his gang of howevermany, and the creation of the liars loan.
Cash needed to be printed up fast to get into the hands of the banks, so they could pay depositors their money during the panic.
bushie could have turned off the tap.
fubo could have turned off the tap.
President Trump could have turned off the tap.
biteme could have turned off the tap.
None of them did.
They wanted the good times and easy money party to keep on goin...
Now we pay the piper for the dysfunction of 16 years of piss poor government.
The government screws up, and we suffer for it.
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