The US Economy Is Heading For DISASTER And It's Only Going To Get Worse Going Into 2023


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Intentional. Sad to see 81 million ok with bringing America to it's knees.
Mello is still proud of his vote. -
Mostly peaceful destruction.
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They could be raising interest rates right now, a full point at a time but if they do that the economy will quickly crash and Biden doesn't want that on his watch. So they'll do these tiny increases and we'll have long term pain, inflation, and shitty growth. Hey but at least we have a "historic" Treasury secretary and a Trannie heading up the HHS.
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81 million voted for it.
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Interest rates should be 10%. And higher after that.SFGbob said:They could be raising interest rates right now, a full point at a time but if they do that the economy will quickly crash and Biden doesn't want that on his watch. So they'll do these tiny increases and we'll have long term pain, inflation, and shitty growth. Hey but at least we have a "historic" Treasury secretary and a Trannie heading up the HHS.
We are going to witness the collapse of an empire. But at least we can do it in drag and with people who have tits and a cock and men that can have kids. -
MikeDamone said:
81 million "voted" for it.
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I was gonna say 6%, but you could sell me on 10.MikeDamone said:
Interest rates should be 10%. And higher after that.SFGbob said:They could be raising interest rates right now, a full point at a time but if they do that the economy will quickly crash and Biden doesn't want that on his watch. So they'll do these tiny increases and we'll have long term pain, inflation, and shitty growth. Hey but at least we have a "historic" Treasury secretary and a Trannie heading up the HHS.
We are going to witness the collapse of an empire. But at least we can do it in drag and with people who have tits and a cock and men that can have kids. -
Bob_C said:
I was gonna say 6%, but you could sell me on 10.MikeDamone said:
Interest rates should be 10%. And higher after that.SFGbob said:They could be raising interest rates right now, a full point at a time but if they do that the economy will quickly crash and Biden doesn't want that on his watch. So they'll do these tiny increases and we'll have long term pain, inflation, and shitty growth. Hey but at least we have a "historic" Treasury secretary and a Trannie heading up the HHS.
We are going to witness the collapse of an empire. But at least we can do it in drag and with people who have tits and a cock and men that can have kids.
It took a lot more than that the last time around, Fed rates > 20%.
Biden has done far more damage than Jimmy did, real inflation is much higher than is being reported, far worse than those days. Just my opinion, but I don't believe 10% would be enough. I believe that would be part of a slow elevator up chasing the mythical soft landing until it is realized that we need a severe shock. The problem is debt servicing here and abroad would explode as would the very real prospect for a global economic collapse. We're in a serious hurt locker, intentionally. This is what happens when true left wing ideologues seize power. Hopefully this shit will cure at least two future generations from allowing these douche canoes to wield power again. If not, we're permafucked. Hell, we may be already, it may be too late.
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I just got back from the grocery store. Meat aisle is already partially depleted, at 6:30a.m. Medicine aisles partially depleted. The butter I buy is now $5.29.
My gas tank was half full, so I filled it for $56. -
DerekJohnson said:
I just got back from the grocery store. Meat aisle is already partially depleted, at 6:30a.m. Medicine aisles partially depleted. The butter I buy is now $5.29.
My gas tank was half full, so I filled it for $56.
Food and medicine shortages are scarier than the out of control inflation.