https://amgreatness.com/2022/05/23/the-economic-doom-loop-has-begun/
May 23, 2022High inflation, over regulation, and a general sense that things are going in the wrong direction remind us of the late 1970s and early ’80s. But today the underlying problems that were responsible for our woes in that time are vastly worse. The coming reckoning for Washington’s insanely irresponsible monetary policy may dwarf the troubles from all recent recessions and periods of inflation.
The Federal Reserve has created a doom loop between the housing market and inflation. For years it has printed tens of billions of dollars each month to buy sketchy securities meant to subsidize the housing market and favor bond traders. This continues even now, in spite of inflation and a red-hot housing market. But the housing market has become dependent on unearned, newly printed money, and stopping the flow might cause a catastrophic correction. If it doesn’t stop, however, inflation will explode.
Let me walk you through some of the math.
The leftist / socialist / communist block pretty much failed the IQ Test and heeded the propaganda and all got vaccinated. Just sit tight through our Test of Resolve. Things will start to work themselves out within the next couple of years. Soon they will turn on each other once the ADE / VAIDS / cancer cannot be denied. Watch them eat their own.
How are people in the US going to feel when they find out their food and energy shortages are amplified by promises made to eastern europe?
And it’s all intentional. We suffer for their cause. I am convinced that there is no imaginable limit to what these Marxist will do, We are disposable. Our fight to survive is just beginning.
I don’t know what that will look like, I do know it will be some scary shit.
Without a doubt prepare to the max.
Right you are Boogster.
“The coming reckoning for Washington’s insanely irresponsible monetary policy may dwarf the troubles from all recent recessions and periods of inflation. ”
Nothing irresponsible about it. It was and still is intentional.
That just means there will soon be a constituency for making them not just disposable, but the garbage taken to the trash.
Virtuous, … naturally. Just as they’re told to feel by their televisions.
Searched – How Much Would I Have to Make to Be in the Top 0.1%? Your annual wage would have to be almost $3.21 million. Top 5% average annual income > $800k.
Of course Biden’s team / the Fed are doing all this on purpose, none of them, or their family members, will be hurt or suffer by their failures after they leave office.
They may be financially wealthy, but are morally bankrupt.
Just another coincidence, I’m sure….
Cargill Poultry Processing Plant Heavily Damaged in Fire
A fire broke out early Monday morning at the London, ON plant, causing significant damage to the structure.
https://www.powderbulksolids.com/food-beverage/cargill-poultry-processing-plant-heavily-damaged-fire
As is this….
43 CP Rail cars carrying potash derailed near Fort Macleod, Alta., RCMP say
https://www.cbc.ca/news/canada/calgary/cp-rail-train-derailment-hwy-3-fort-macleod-alberta-rcmp-1.6462783
I would ask what was going on but I think we all know.
The Zombie Apocalypse is looking more and more certain.
Still, the vast majority are unaware or unconcerned with any of it.
Well, duh. The vast majority are unaware because they’re the zombies. Can’t have a Zombie Apocalypse without the zombies.
“Progressives won the war on the American character. It took about a century, but they won.”
Laying this all on progressives or Joe Biden is myopic. They have been milking this since 1913 and knew all along this would happen. This current bunch of economic illiterates are dimply the icing on the cake or you might say the bagholders.
Having Joe to start WW3 is just lighting the candles that have been placed on the cake over the last year and a half.
This just means we are at the “loot the treasury” phase of the collapse.