Economy Headed for Terrible 2023

by Chris Black Just like the US economy, the UK is worse than first thought. Remember when they said the sanctions would collapse the Russian economy? It turns out they were right – they just meant to say “Western” instead …

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Nothing got fixed after the 2008 financial crisis. We are going to pay a terrible price for the fecklessness of the Fed and our worthless, captured regulators, enforcers, & policy makers who turned a blind eye to systemic fraud and enormous risks to the soundness of the financial system.

Too soon? pic.twitter.com/Yq5yhbiDQb — Financelot (@FinanceLancelot) December 16, 2022 J Powell – "We printed too much money, prices went up too quickly and you couldn't afford stuff…worry not! We will now reduce your net worth and take away your job." …

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Watching the government release a terrible inflation report, while the figurehead of the government was literally giving a speech about having defeated inflation…

by lemonparty …was surreal. Yesterday the government released yet another terrible inflation report, almost 9%, which was larger than expected. The stock market fell over 500 points. Biden gave a speech about how he just finished defeating inflation. What the …

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Maher: View That ‘Everything Is Positive’ Fuels Terrible Policy on Homelessness, Drugs in Major Cities, We’re ‘Losing Civilization’

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that part of the problem with drugs and homelessness in various major cities is a policy approach that “Nothing is better than anything else” and that “everything is positive. …

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Doordash has a terrible business model. They literally lose money on every delivery. There is no path to profitability and no margins. The valuation is insane. This is not a $32B company!

#Doordash has a terrible business model. They literally lose money on every delivery. There is no path to profitability and no margins. The valuation is insane. This is not a $32B company! 🤷 pic.twitter.com/B8Si0kSj4X — WallStreetPro (@wallstreetpro) February 18, 2022

Housing looks terrible

via @GS_CapSF: Housing looks like shit. Permits, starts, housing under construction all declining YoY. The weather related snap back lasted one month. Builders not breaking ground even after permitted show lacks of confidence in ability to sell. Number of sales falling …

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CNN’s TERRIBLE, HORRIBLE, NO GOOD, VERY BAD DAY

● Shot: CNN Does Not Know How To Question Ilhan Omar’s Conspiracy Theories And Anti-Semitism —The Federalist, yesterday. ● Chaser: CNN’s John King: Should Pence Family’s Christianity Disqualify Them from Secret Service Protection? —NewsBusters, yesterday. ● Hangover: ‘You fail your profession’: Chris Cuomo says ‘Mueller didn’t …

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