Not least of which: Deutsche Bank Issues a Terrifying Warning for America Under Biden. “The authors warned that ‘neglecting inflation leaves global economies sitting on a time bomb.’ They noted similarities between the 1970s and today.”
Fortunately, President Biden takes economics seriously: “Milton Friedman isn’t running the show anymore.” And we’re all paying for Biden’s rejection of sound economic policies. “The irony is that Biden’s rejection of Friedman’s teachings on money, taxes, and spending may bring about the same circumstances that established Friedman’s preeminence. In a year or two, the American economy and Biden’s political fortunes may look considerably different than when Janet Yellen blurted out the obvious about inflation. Voters won’t like the combination of rising prices and declining assets. Biden’s experts might rediscover that it is difficult to control or stop inflation once it begins. And Milton Friedman will have his revenge.”
As their photo last month illustrated, Biden is Jimmy Carter, super-sized.
SPENDING: Senator Schumer Will Trigger Reconciliation on Wednesday. “Senate Majority Leader Chuck Schumer says he will meet with the 11 Democratic members of the Budget Committee to begin the process of passing a 2022 budget resolution. Included in next year’s budget will be Joe Biden’s $2.3 trillion infrastructure bill and his $1.8 trillion ‘American Jobs Plan’ using the reconciliation process to ram it through Congress on a party-line vote.”
- PayPal goes full 1984 in November…
- Banks are over leveraged 2 QUADRILLION dollars in derivatives. This will be the worst financial collapse EVER.
- Musk tweets wrong think poll. Twitter explodes – Zelensky Responds
- Over the last week, the mainstream news media claimed that hurricanes are becoming more frequent & intense, but they’re not, as the data clearly show.
- Warning: the Fed Didn’t Pivot Yesterday… If Anything It Doesn’t Need to Anymore
- Multiple sources: Weird yellow light seen above Belgorod, Russia. What is it?
- Gov Just Seized Our Water – Notified Us Can’t Grow A Garden Next Year / Off Grid Living In A Tiny House
- Alanis Morissette to boyfriend: “You’re essentially my employee and I like you having to depend on me”
- A Timeline Of 12 Historic Events That Have All Happened Within The Past 12 Days
- Now he just convinced me that Russia didn’t do it