Let’s Get Ready To Stumble (Into Recession)! Gasoline Prices UP 89% Under Biden, WTI Crude Oil UP 115% (As REAL Wage Growth Declines)

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Seriously, with soaring energy prices and soaring EVERYTHING prices (except for real wage growth), it is difficult to see how the US will avoid a recession.

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Yes, everything is seemingly rising in price, yet REAL average hourly earnings growth keeps falling. Rising price + declining real earnings growth = eventual recession.

See also The bubble IS bursting as supply rises, sales plunge, cash sales implode (i.e., even investors are pulling back), & prices drop the most since 2012.

So, let’s get ready to stumble … into recession.

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