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Ex-Federal Reserve chair says US economy is heading toward period of stagflation for first time since 1970s: CEO of Goldman Sachs says risk of America falling into a recession 'is very, very high'
UK Daily Mail ^ | May 16 2022 | ADAM MANNO

Posted on 05/16/2022 12:33:50 PM PDT by knighthawk

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1 posted on 05/16/2022 12:33:50 PM PDT by knighthawk
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To: knighthawk

Ex-Federal Reserve chair says US economy is heading toward period of stagflation for first time since 1970s: CEO of Goldman Sachs says risk of America falling into a recession ‘is very, very high’


And with the Unelected Biden Regime’s disastrous oil and farm policies, depression.


2 posted on 05/16/2022 12:37:06 PM PDT by PIF (They came for me and mine ... now its your turn)
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To: knighthawk

You don’t have to be an Ex-Federal Reserve Chair to realize this. I’ve been saying for months we are heading for a disaster. Inflation, recession, stagflation, depression. The future is not looking bright. (And I’m just a little ole grandma).


3 posted on 05/16/2022 12:37:24 PM PDT by CFW
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To: knighthawk

4 posted on 05/16/2022 12:39:33 PM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: CFW

Stolen elections have consequences.


5 posted on 05/16/2022 12:40:59 PM PDT by packagingguy
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To: knighthawk

We are already in a recession. The only questions are how deep will it go and how long will it last.


6 posted on 05/16/2022 12:41:59 PM PDT by FtrPilot
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To: knighthawk

Talk to ten economists and you’re come away with thirteen predictions on what the future holds.


7 posted on 05/16/2022 12:43:04 PM PDT by DoodleDawg
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To: knighthawk

Another reason why Biden will announce (right after the midterms) that he is not seeking re-election in 2024.


8 posted on 05/16/2022 12:44:06 PM PDT by Erik Latranyi (We are being played by forces most do not understand)
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To: Erik Latranyi

Only if his handlers allow him.


9 posted on 05/16/2022 12:53:21 PM PDT by Tai_Chung
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To: Erik Latranyi

Biden will announce that the skillets are now in style and that Scranton PA is going to be relocated to another state.

He will drive the truck.


10 posted on 05/16/2022 12:56:17 PM PDT by Texas resident ( Let's Go Brandon)
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To: knighthawk

What’s frustrating is that many people know that government spending and largesse causes a great deal of these problems and that we should have learned those lessons back in the 1970s. Unfortunately, too many ignoramuses of today who vote for these greedy and corrupt characters will have to learn the hard way.


11 posted on 05/16/2022 1:05:11 PM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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To: knighthawk

I wish I were an economist. I can preface every thought with “may be” and watch folks fawn over every word that follows.

Kinda like Fauci.


12 posted on 05/16/2022 1:18:24 PM PDT by Raycpa
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To: knighthawk

This economy is very weird. All the metrics pointing to downturn. Yet it doesn’t slow up at work. All the mechanical contractors are slammed. My friend runs his own surveying business and his phone is ringing off the hook. He got 12 call before 2 pm today.

So weird.


13 posted on 05/16/2022 1:18:42 PM PDT by Rural_Michigan
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To: knighthawk
Now We Are Being Told To Expect Food And Diesel Shortages For The Foreseeable Future
14 posted on 05/16/2022 2:01:29 PM PDT by blam
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To: All
09761-B56-3-DC1-4417-BEB0-6-D0-B19-B6-DA09

29-B8-AE2-A-1-C93-4-B14-94-D2-4813-A374-A6-D7

15 posted on 05/16/2022 2:19:24 PM PDT by AnthonySoprano (Lindsey Graham: How can anyone be Mad at Joe Biden)
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To: Rural_Michigan

Interesting!


16 posted on 05/16/2022 2:43:31 PM PDT by Paperpusher (Gal 5:15 But if ye bite and devour one another, take heed that ye be not consumed one of another.)
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To: knighthawk
risk of America falling into a recession 'is very, very high'

Says Wile E. as he plunges off a cliff, looks up and sees the anvil coming down on his head.

17 posted on 05/16/2022 2:55:04 PM PDT by AndyJackson
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To: knighthawk

Welcome Back, Carter


18 posted on 05/16/2022 2:55:36 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Rural_Michigan
All the mechanical contractors are slammed. My friend runs his own surveying business and his phone is ringing off the hook.

they are in businesses where you get paid money in exchange for a wanted tangible service or good. Most of the economy doesn't work that way.

19 posted on 05/16/2022 2:56:37 PM PDT by AndyJackson
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To: knighthawk

Falling into? We’re already there.


20 posted on 05/16/2022 3:15:39 PM PDT by Newtoidaho (All I ask of living is to have no chains on me.)
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