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The Fed, Bank of America and Hordes of Corporate CEOs Are All Warning That a Recession Will Happen This Year
Discern Report ^
| 4/16/23
| Michael Snyder
Posted on 04/16/2023 6:58:44 PM PDT by CFW
If virtually everyone is expecting a recession, and most people start acting accordingly, do you think that will make an economic downturn less likely or more likely?
Needless to say, the answer to that question is obvious. Right now, banks all over the country are getting really tight with their money, large corporations are laying off workers at a frightening pace, and consumers are cutting back on their spending. In other words, it really is starting to look a lot like a recession out there, and economic conditions are only going to get even more harsh in the months ahead.
I know that this is not good news. Things are already far from great, and one recent survey found that 70 percent of all Americans are “feeling financially stressed”…
(Excerpt) Read more at discernreport.com ...
TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: bidenflatin; depression; economy; recession
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The question we should all be asking is what will the Biden administration do to deflect from the disastrous economy prior to the 2024 election season? Whatever it is I suspect it will be done this fall, or at least it will be apparent this fall. The plans may already now be in place with the initial parts being put in place.
I'm expecting a black swan event.
1
posted on
04/16/2023 6:58:44 PM PDT
by
CFW
To: CFW
They spelled Depression wrong.
2
posted on
04/16/2023 6:59:50 PM PDT
by
Openurmind
(The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
To: Openurmind
3
posted on
04/16/2023 7:00:22 PM PDT
by
Bobalu
(There was always going to be a reckoning....... and here it is.)
To: Bobalu
4
posted on
04/16/2023 7:02:43 PM PDT
by
Openurmind
(The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
To: CFW
Recession? We’re soaking in it.
5
posted on
04/16/2023 7:03:54 PM PDT
by
BradyLS
(DO NOT FEED THE BEARS!)
To: CFW
It is hard to have a depression with this level of inflation.
To: alternatives?
Good, maybe prices will go down so I can get the new house built cheaper.
7
posted on
04/16/2023 7:07:10 PM PDT
by
oldasrocks
(quew)
To: CFW
They should know as they are causing it.
8
posted on
04/16/2023 7:16:31 PM PDT
by
Paladin2
To: CFW
9
posted on
04/16/2023 7:16:32 PM PDT
by
Raycpa
To: CFW
Covid Part II……all about govt. control.
To: Openurmind
A Recession is when your neighbor loses her job.
A Depression is when you lose your job.
A Recovery is when Xoe BuyDung loses his.
11
posted on
04/16/2023 7:23:53 PM PDT
by
lightman
(I am a binary Trinitarian. Deal with it!)
To: lightman
12
posted on
04/16/2023 7:36:08 PM PDT
by
Openurmind
(The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
To: CFW
If everyone is expecting a recession, it is highly likely that a recession will not occur.
To: Raycpa
Buy Lead and have the will to expend it.
14
posted on
04/16/2023 7:39:49 PM PDT
by
OHPatriot
(Si vis pacem, para bellum)
To: CFW
Recessions are necessary in a capitalistic system. It helps bankrupt poorly run businesses and we’ll run businesses grow. It is like culling dead wood on a tree. It makes the tree stronger. Poorly run companies pay less tax and are a burden on national economy.
15
posted on
04/16/2023 7:46:34 PM PDT
by
entropy12
(Food is most popular anxiety drug, exercise is the least popular.)
To: proxy_user
You just gave away all your market secrets.
16
posted on
04/16/2023 7:51:20 PM PDT
by
eyedigress
(Trump is my President!)
To: CFW
These are the idiots that put a transvestite on a Bud can?
Hard pass.
17
posted on
04/16/2023 7:55:00 PM PDT
by
Fido969
(45 is Superman! )
To: CFW
Warning That a Recession Will Happen This YearCompared to what, you pampered dickheads ?!
18
posted on
04/16/2023 7:55:23 PM PDT
by
tomkat
(SOTU = FUBAR)
To: CFW
We’re in a recession.
What they call recession is a depression.
19
posted on
04/16/2023 8:03:02 PM PDT
by
Secret Agent Man
(Gone Galt; not averse to Going Bronson.)
To: CFW
20
posted on
04/16/2023 8:11:35 PM PDT
by
Bikkuri
(I am proud to be a PureBlood.)
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