Posted on 08/23/2019 5:55:30 AM PDT by CptnObvious
This is the Third Media Hoax in a Row. The first was the Russian Collusion Hoax. That Hoax went up in flames with the fiasco of the Mueller Report. The Second was the Trump Racist meme falsely started for the Charlottesville Statue comments. The third and present hoax is that we are about to have a Recession.
Best to disinfect this hoax with a little definition. A recession is two quarters of Negative Growth (GDP); there hasn't even been one in a very long time.
The Recession Hoax was built on the Inverted Yield of the short term vs long term bonds and some economists who couldn't hit the side of a barn with a shotgun. Right now many countries are buying up our bonds while their bonds are so much lower, causing in a large part to invert the yield due to so much buying (the law of supply and demand).
Thus the whole "A Recession is Coming, A Recession is Coming" is a out and out Media HOAX.
The negative yield curve is a hoax based on our hoax banking system.
“Everything about socialism is sham and affectation.”- 23.11 Ch23 Evil; Economic Harmonies; Frederic Bastiat 1801-1850
DEPOPULATE sociallsts from the body politic.
live-free-republic
https://www.nytimes.com/2016/08/08/business/balance-fairness-and-a-proudly-provocative-presidential-candidate.html
“Trump Is Testing the Norms of Objectivity in Journalism - If you’re a working journalist and you believe that Donald J. Trump is a demagogue playing to the nation’s worst racist and nationalistic tendencies, that he cozies up to anti-American dictators and that he would be dangerous with control of the United States nuclear codes, how the heck are you supposed to cover him?”
The press openly declared in 2016 what we had known for many years. Their job is advocacy and not facts. They are part of the Democrat propaganda machine, and their role it to set the agenda and then tilt the scales.
Thanks CptnObvious.
Partisan Media Shills update.
Do not be surprised when known liars (the “media”) lie to you yet again. Liars lie...that is what they do. The “media” is replete with chronic liars with defective characters.
They've tried everything:
"Trump's an antisemite!" (His daughter and grandchildren are Jewish. He's strongly pro-Israel.)It's like the coyote and the road runner, except that their hysteria keeps intensifying. As 2020 and President Trump's re-election approach, their panic, frenzy, and wild accusations will reach a fever pitch. Who knows what will happen?"A racist!" (Before he ran against the Democrats, he received awards for his civil rights work. His former sweetheart is of African-European descent. He's dedicated to rebuilding the "inter cities." Black and hispanic unemployment is at a record low under his administration.)
"Knows nothing about economics!" (A man who spent 50 years building a multi-billion dollar international financial empire. Under his administration, the US economy has soared to unprecedented heights.)
"He's got Alzheimer's disease!"
"A white supremacist!"
"He want's to kill all the endangered species!"
"He want's to lock children in cages!"
"A misogynist!"
"Homophobic!"
"A nazi!"
"He's insane!"
"He's a liar!"
"He's fat!"
"He's a Dummkopf!"
You name it!
The biggest hoax perpetrated on Americans is the Leftist activists masquerading as journalists.
The 2nd is that Democrats actually care about America.
They run frauds and hoaxes 24/7... which is why it's such fun watching them lose so much money and prestige on a daily basis. Year-over-year losses are awesome.
I love watching bad things choke and die.
I love how everyone suddenly became an expert on bond markets last week.
Even people who should know better were worried when it looked like the stock market was “confirming” the recession signal. But now the Dow and the S&P look like they are going to close this week at or maybe a little higher than they closed the week before last, and the VIX is still low.
It looks like it was just a blip caused by European money running away from negative interest rates, just like most of the experts said it was before they got the memo on the “recession” narrative.
I remember a couple of other hoaxes from last year. First, all the phony hate crimes. Second, the fake bombs sent to Democrat leaders.
Good catch, good point. And of course, the ongoing collusion hoax.
Until it happens. That could be this year or three years from now or five years from now. The old joke is that economists have successfully predicted fourteen of our last five recessions.
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