Inflation Now - Recession Next in 2023... Which will be the Least Painful for Americans?.

originally posted by: TonyS

originally posted by: carewemust
a reply to: TonyS

What an informative post. Thank-you. I agree. We're in totally uncharted territory. Even though prices are skyrocketing, people seem to be printing their own money at home. The stores, resorts, airports, and highways are full, just like pre-2020.

Yea, and that scares me because........it means that its all going onto the credit cards in a rising interest rate environment. As I think about it, the picture I see coming is one where people vacation in June and then get fuel sticker shock on their credit cards. Then they are at home in July and get sticker shock on their electric bill in August. The typical consumer will be maxed out on those cards right about November and barely able to tread water and then in December? The layoffs start. In fact, the layoffs are already starting.

It does appear from my daily interactions with lots of different people that a "nervousness" is starting to take hold amongst the population. Today, this guy was putting those Joe Biden "I did that!" stickers on gas pumps and the station attendants didn't try to stop him. Three months ago at this station, the manager stopped a guy from doing the same thing.

originally posted by: mikell
Home prices in the are are dropping close to 12% on the high end and 5% on the low end. Just in the last few days. But nothing is selling.

Sounds like we're having a recession, without inflation abating.

That's torture for non-wealthy Americans.

🤣✅❗️

a reply to: xuenchen

This wouldn't be happening if the Democrats hadn't successfully stolen the 2020 election for Joe Biden and his team of misfits.

originally posted by: carewemust
a reply to: xuenchen

This wouldn't be happening if the Democrats hadn't successfully stolen the 2020 election for Joe Biden and his team of misfits.

That's right. So Proud of the steal and results. Get ready for some devastating Legislation coming from Congress for the year. Legislation so devastating it'll cripple millions of People. The FED is already hot on the preliminary interest rate hikes. 😖😧

originally posted by: xuenchen

originally posted by: carewemust
a reply to: xuenchen

This wouldn't be happening if the Democrats hadn't successfully stolen the 2020 election for Joe Biden and his team of misfits.

That's right. So Proud of the steal and results. Get ready for some devastating Legislation coming from Congress for the year. Legislation so devastating it'll cripple millions of People. The FED is already hot on the preliminary interest rate hikes. 😖😧

The SPENDING Legislation appears to be priority #1 for Democrats. They know this is their last "hurrah" to take care of their friends, before Republicans take over in January 2023.

Lapdog "expert" for the Democrats is SETTING THE STAGE...

The great pretending continues in order to protect the Federal Reserve from sunlight upon them. Central banks (U.S. Fed Reserve included) are raising interest rates into a recession, which is specifically against their legislative mandate.

Therefore, in order to protect the bankers, the pundits and politicians must deny a recession exists.

Pundit Steve Liesman spins the data, says we need to wait longer, and circles the wagons to protect the policy makers, specifically the White House.

Mohamed El-Erian tries to split the baby (02:00 video); while not admitting directly that the economy is in a recession, he states the “economy is weakening much faster than expected.”

Excerpted from: theconservativetreehouse.com...-235 801

Biden and Democrats in Congress say if they can spend another $1 Trillion taxpayer dollars on "programs and interests" ASAP, prices will come down, and a REAL recession will have been avoided.

No doubt this spending will help wealthy people become even wealthier, like Trump and Obama did.

But unlike Trump's economy, the middle class will continue to be shafted good by Biden/Democrats.

a reply to: carewemust

11.14.2022 Following Facebook's big layoffs;

AMAZON to lay off a whopping 10,000 employees before Christmas, due to the incoming RECESSION, caused by Biden's stupid anti-energy initiatives and multiple interest rate hikes.

Source: hannity.com...

a reply to: carewemust

The War on Christmas has been rekindled !!! 😳