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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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To: Secret Agent Man

“What they call recession is a depression.”

I’ve said several times that the recession would be so short-lived many people would barely notice it. We are moving through a recession straight into a depression. People are going to be shocked. Especially young people who have never seen the times of high interest rates, high unemployment, shortages of food, etc.

This time though we have a high level of crime and lawlessness on the streets along with deep and open corruption in our government leaders.

Hard times make strong men. Strong men make good times. Good times make weak men. Weak men make hard times.

Around and around it goes.


21 posted on 04/16/2023 8:12:37 PM PDT by CFW (old and retired)
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To: CFW

Hordes of corporate leaders..,,

....Are holding out their hand demanding government money.


22 posted on 04/16/2023 8:15:07 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: All

There are about 535 Members of Congress (both houses), about four even give a Fuock.

They can’t spend money fast enough.


23 posted on 04/16/2023 8:33:52 PM PDT by AnthonySoprano (Statute of Limitations is going to elapse on Hunter Biden )
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To: CFW

I thought we were already in a recession?


24 posted on 04/16/2023 8:38:15 PM PDT by Angelino97
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To: entropy12

If only we had a Capitalist system. The poorly run companies will likely be the ones bailed out at taxpayer expense because they are “too big to fail”. The Feds are driving us to economic collapse but I suppose that will be a good thing in ways.


25 posted on 04/16/2023 8:40:50 PM PDT by gawatchman
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To: CFW

We will declare war against Russia. And Biden will blame Trump and the GOP. And the sheep will all go Baaah and believe him


26 posted on 04/16/2023 8:44:51 PM PDT by realcleanguy (quickly things are falling apart, now that the )
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To: CFW

Nobody expects a Black Swan.

We need a recession to bring back some sensibility to things if only for a short time.


27 posted on 04/16/2023 8:49:14 PM PDT by Sequoyah101 (Procrastination is just a form of defiance.)
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To: gawatchman

Yes, our government is like a mother, always favoring the poorer and less talented.


28 posted on 04/16/2023 9:27:48 PM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
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To: BradyLS

Nah, recessions are known for price deflation.
The inflation is still potent regardless of massaged numbers by government.


29 posted on 04/16/2023 9:29:30 PM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
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To: wardamneagle

the great rest is upon us


30 posted on 04/17/2023 2:06:30 AM PDT by ronnie raygun
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To: CFW

[I’m expecting a black swan event.]

BidenDepression 2023.

I’ve been saying it for some time now.

World War III should then accomplish Population Reduction and a Great Reset.

Hello New World Order. /shiny side out


31 posted on 04/17/2023 4:34:54 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: realcleanguy

yep


32 posted on 04/17/2023 4:38:45 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Bobalu

In SovietBiden’sAmerica, beggar on street is YOU!!!!

High food prices, high gas prices and war.

And idiots still vote Democrat. SMH


33 posted on 04/17/2023 4:40:57 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: CFW
will the Biden administration do to deflect from the disastrous economy prior to the 2024 election season?

full blown war in the homeland
that'll be a distraction from election season

34 posted on 04/17/2023 5:17:38 AM PDT by SisterK (it's controlled demolition)
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To: lightman

good post


35 posted on 04/17/2023 5:19:04 AM PDT by SisterK (it's controlled demolition)
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To: Openurmind

Chinese are dictating Biden’s and Dem’s overall business plan to destroy the American dollar so they can get control of the World’s Reserve Currency using the Yang.


36 posted on 04/17/2023 5:22:02 AM PDT by chopperk ( )
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To: CFW

37 posted on 04/17/2023 5:26:04 AM PDT by Fresh Wind (Soros on assisting Nazis with the Holocaust: "That's when my character was made.")
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To: Openurmind

https://www.zerohedge.com/economics/recession-risk-grows-after-money-supply-shrinks-fastest-pace-great-depression

The U.S. money supply contracted for the third consecutive month, and is declining at the fastest pace since the Great Depression, new Federal Reserve data show.

In February, the M2 money supply - a benchmark for how much cash, bills, bank deposits, coins, and money market funds are circulating throughout the national economy - tumbled 2.24 percent from the same time a year ago, down from negative 1.7 percent in January. This represented the third straight month of a contracting money supply.


38 posted on 04/17/2023 5:41:34 AM PDT by CFW (old and retired)
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To: CFW

What will the Biden administration do to deflect from the disastrous economy prior to the 2024 election season?

The same plan they had for the last two years spend more money to pay your way out of debt.

Democrats never change


39 posted on 04/17/2023 10:06:50 AM PDT by Vaduz (....)
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