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To: CodeToad
The markets are also bracing for major inflation. Inflation right now is being reported at 6% but this spending signals more debt to come and more inflation.

The anticipated pandemic end this summer and the associated opening of the economy will never be able to offset this reckless spending and the damage done to millions of small business owners. Inflation and recession in 12 months.

44 posted on 12/30/2020 7:17:31 AM PST by 1Old Pro
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To: 1Old Pro

“The anticipated pandemic end this summer and the associated opening of the economy will never be able to offset this reckless spending and the damage done to millions of small business owners. Inflation and recession in 12 months.”

Exactly. People wanted their businesses to be open not a meager handout. Even $2k doesn’t cover a month much less 10 months. Congress and Trump could have stopped this. I don’t think they want to. I think everyone is out to start some sh*t and economics is a great way to do it.


47 posted on 12/30/2020 7:19:00 AM PST by CodeToad (Arm Up! They Have!)
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To: 1Old Pro

“The anticipated pandemic end this summer “

I wouldn’t place that as the expectation. The communists are getting very high mileage out of this drama bug and they will never let it go. This could easily go on for years if we don’t physically stop it.


66 posted on 12/30/2020 7:28:37 AM PST by CodeToad (Arm Up! They Have!)
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