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To: SeekAndFind

This is beginning to look like the economic crisis in 2007-2008.

IIRC, it was in February. I was watching some of the Sunday news-talk programs. I noticed an eerie pattern. Guests on some of those program were from the GWBush economics and commerce sectors. They were all parroting the same theme: ‘The economy is in great shape. The economy is strong.’

I thought it strange that these guys were touting the economy when usually these news-talk programs were about politics and foreign policy.

About 4 months later the GWBush economy began to crash. As with the current economic disaster, they began throwing money at the problem with the multi-billion dollar bail-outs. One was The Emergency Economy Stabilization Act of 2008. [Sort of sounds like Biden’s Inflation Act.]


7 posted on 05/03/2023 8:47:39 PM PDT by TomGuy
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To: TomGuy

[This is beginning to look like the economic crisis in 2007-2008.]

Yep. I’ve been saying that 2008 will return again. Except that it will be worse this time around.


9 posted on 05/03/2023 8:55:16 PM 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: TomGuy
[Guests on some of those program were from the GWBush economics and commerce sectors]



Not to worry. The Bush clan has property in South America. I think we can all take comfort that they'll be O.K. while Americans struggle to eat and heat (and A/C) their homes.

The rest of us can eat bugs, apparently. /WEF - World Economic Foundation


10 posted on 05/03/2023 8:59:02 PM 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: TomGuy

You’ll know it’s over when Jim Cramer comes out and says everything is good


43 posted on 05/04/2023 3:48:02 AM PDT by Tilapiafish2
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To: TomGuy
https://www.fdic.gov/bank/historical/bank/

PacWest bank not "failed" ...yet.

54 posted on 05/04/2023 5:21:56 AM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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