We’ve never seen so much lying, bullshit and idiocy as attends this Fed collapsing this RECORD asset bubble at RECORD pace. While trapped gamblers circle jerk the whole way down.

Massive State Economic Intervention Has Led to This Point

Where are the US economy and the other advanced economies of the world now? In a word, stagflation. Stagflation (declining economic growth with rising inflation) is the new reality, and there are three main clusters of factors that have led to the present stance of the economy.

Goldman Sachs Releases Recession Manual to Prepare Clients for Downturn

Goldman CEO David Solomon told CNBC that he thinks there is a “reasonable chance” of a recession, noting that he is advising clients to be more conservative with their finances due to the potential consequences of the Federal Reserve’s tightening efforts.

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Jerome Powell, Who Wildly Misjudged Inflation, Is Overwhelmingly Reconfirmed As Fed Chair Last Week

There is seldom any meaningful accountability for government incompetence.


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