We are already in deep doo-doo economically. People forget or don’t realize that many key indicators for deep recession (or worse) lag far behind the numbers we are hearing from the media.
Consumer spending is slowing down with major repercussions throughout our economy and much of this new “debt” is for items considered essential (rent, mortgage, utilities, groceries, etc). People have less “fun money” for “non-essentials” which puts many small businesses (also in debt) in a downward spiral.
Layoffs are coming and they are going to be very big.
If we have a railroad strike (it appears likely) that is almost half the freight transportation in America. That kind of supply chain disruption will be another body blow to our economy and with lock-downs in China impacting exports in the coming months many manufacturers are going to be losing money.
If you wanted to deliberately sabotage our economy the playbook would look a lot like what we are doing right now.
The Rail Strike will cripple this country like nothing before. This coupled with the Diesel shortage could doom the supply chain. It is freighting.
TSMC dropped their chip orders by 50%.
https://wccftech.com/tsmc-cuts-down-orders-by-up-to-50-sending-shockwaves-says-report/
Real estate bubbles in US and China. Investment firms heavily exposed.
Dems and media are pushing that things are getting better day by day-—stock market up this past week, people to travel in record numbers, total employment up and gas prices still going down to people’s relief.
We have better have a big recession that hits these morons hard or they will bring the biggest electoral landslide in history to sink America.
They have to suffer. Or we the good people will.
(If you wanted to deliberately sabotage our economy the playbook would look a lot like what we are doing right now.)
You could have just written:
“Voting Democrat”