by BoatSurfer600
The “Scariest Paper Of 2022” Reveals The Terrifying Fate Of Biden’s Economy: Millions Are About To Lose Their Job
… because what Biden calls “the strongest economic recovery in recent history” is – even according to Democrats – about to be the biggest economic disaster in modern history.
The Fed Will Hike to 4 Percent Come Hell or High Water: Credibility Problem and Disconnect
Clarida ducked hard questions on the Fed’s role in this mess while admitting he got the inflation picture wrong. Clarida also supported fiscal stimulus, the last round of which was the big problem. No one at the Fed saw this coming and they ridiculously kept kept QE going all the way to March of 2022. So yes, the Fed has an enormous credibility problem and Powell understands that.
Recession Signals Abound As Fed Hikes Rates: Lance Roberts
While many hope the Federal Reserve can avoid a recession, the are numerous signals suggesting that such will likely not be the case.
Global real disposal incomes crashing worldwide
A million here, a million there, soon you’re losing real money 📉 pic.twitter.com/Kh90AroIaC
— Ilia Sakowski, MBA (@IliaSakowski) September 10, 2022
$RH CEO: “We’re in a recession. Anybody who thinks we’re not in a recession is crazy. The housing market is in a recession, and it’s just getting started.”
— Quartr (@Quartr_App) September 9, 2022
“New home cancellation rates are the highest EVER.”
W O W pic.twitter.com/r3tNlQe9x3
— Gee Rome Pow *BubTwit Mafia* 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) September 10, 2022
Within the Deep State apparatus, Carlyle Group are prime movers and shakers. David Rubenstein knows full well the Fed has no intention of reducing inflation, but rather, is solely intent on facilitating the concentration of all wealth and power in the hands of its financier oligarch accomplices.
Billionaire David Rubenstein warns inflation will be ‘difficult’ for the Fed to reduce
Emerging Markets Burn Through Currency Reserves as Crisis Risks Grow
‘The emperor has no clothes.’ Why China’s reputation for economic management is coming undone
A housing crash in Canada, Australia, and New Zealand? It sure looks like it
“We’re in a Crisis, and It Will Get Worse in the Coming Months”: Economic Professor Jeffrey Sachs
We are very honored that the next guest of PFI Talks was Jeffrey Sachs, a world-renowned economist, University Professor and Director of the Center for Sustainable Development at Columbia University, where he directed the Earth Institute from 2002 until 2016. Jeffrey Sachs was twice named as Time magazine’s 100 most influential world leaders, and was ranked by T
