The Mother of All Crashes Is Coming in April 2023

Guest Post by Brandon Smith

The Mother of All Crashes Is Coming in April 2023

The signs of the coming economic contraction are already both present and obvious, but the overall economic picture probably won’t be acknowledged in the mainstream until the situation becomes much worse.

It’s a problem that arises at the onset of every historic financial crisis – mainstream economists and cable-news commentators deliberately mislead the public about the severity of the challenges and the chances of recovery. They feed their audiences false reassurances in the hope of lulling people back to sleep.

Even now with inflation pummeling the average American family, they tell us that there is nothing to worry about. The Federal Reserve’s “soft landing” is on the way.

Consider the Great Financial Crisis

I remember in 2007, right before the epic derivatives collapse that took down Lehman Brothers and Bear Sterns, when media pundits were applauding the U.S. housing market and forecasting even greater highs in both sales and in valuations. A “permanent plateau,” which would generously spread wealth across the nation.

I had only been writing economic analysis for about a year at the time, but I remember thinking that all this overt optimism felt like compensation for something. It seemed as if they were trying to pull the wool over the eyes of the public in the hopes that, if people just believed hard enough that all was well, then the fantasy could be manifested into reality. Science has even developed a term for this: the Tinkerbell effect.

Unfortunately, that’s not how economics works.

Here’s some free advice most people learn the hard way: the more your financial future depends on hope, rather than basic economic principles, the more likely it is to disappoint you.

The fundamental forces that make markets, supply and demand, debt and credit, money velocity and inflation –  these cannot be ignored.

If the system is out of balance, it will fall apart and there’s nothing anyone, including central banks, can do about it. (In fact, there are times when they deliberately engineer collapse – though they don’t call it that.)

Here’s how today’s economy is out of balance

This is the situation we are currently in today as 2022 comes to a close. The Fed is in the midst of a rather aggressive rate hike schedule, trying to wrestle today’s inflationary crisis into submission. The absurd part of this whole thing? Today’s inflation was deliberately created by the Fed, through years of fiat stimulus measures.

It’s sort of like the plot of Mary Shelley’s Frankenstein. The brilliant scientist creates a masterpiece – a living, breathing superhuman! But the creature doesn’t follow its master’s orders, so he spends the rest of the book trying to kill it.

So far, higher interest rates are not bringing prices down significantly, nor are they slowing manic stock market speculation. Easy money has been entrenched for far too long, which means a “hard landing” (which is what Fed officials call a collapse) is the most likely scenario.

Like Frankenstein’s monster, the Fed’s creation is much stronger than expected – and isn’t going down without a real battle.

In the early 2000s the Fed had been engaged in artificially low interest rates which inflated the housing and derivatives bubble. In 2004, they shifted into a tightening process. Rates in 2004 were at 1% and by 2006 they rose to over 5%. This is when cracks began to appear in the credit markets, with 4.5% – 5.5% being the magic cutoff point before debt became too expensive for markets to keep up the charade. By 2007-08 the nation had witnessed an exponential implosion of credit and debt – which then totally collapsed, setting off the biggest money printing bonanza in U.S. history to save the global banking system. At least for a while.

Now, remember, despite their essential role in the nation’s economy, the Fed can only really do two things:

  1. Expand or contract the money supply (print or destroy dollars)
  2. Make debt cheaper or more expensive (lower or raise interest rates)

That’s it. Those are the limits of monetary policy.

The other major component of economic health, fiscal policy (how a nation chooses to invest or spend its money), well, that’s not a Fed problem.

Since nothing was actually fixed in the wake of the Great Financial Crisis of 2007-08, I will continue to use the 5% funds rate as a marker for when we can expect to see the next major contraction.

But this time is different.

The Fed does not have the option to flood the economy with more freshly-printed money, not without immediately triggering a stagflationary spiral. When this happens, only those who’ve had the foresight to invest in physical precious metals, especially gold and silver, will be able to avoid the pain of watching their purchasing power wiped out in a matter of months.

I think that, this time, the Fed wants a crash.

As I noted in my article The Fed Is Taking The Punch Bowl Away – But The Inflation Crisis Will Continue To Grow, published in May:

Mainstream financial commentators want to believe the Fed will capitulate because they desperately want the party in stock markets to continue, but the party is over. Sure, there will be moments when the markets rally based on nothing more than a word or two from a Fed official planting false hopes, but this will become rare. Ultimately, the Fed has taken away the punch bowl and it’s not coming back. They have the perfect excuse to kill the economy and kill markets in the form of a stagflationary disaster THEY CAUSED. Why would they reverse course now?

The U.S. economy must be crushed

The central bank has a global agenda that requires the decline of the American economy. They are getting exactly what they want and they are perfectly aware of what they are doing.

The Fed is expected to slow rate hikes to 50bps in December, but this is not assured with the jobs market still running hot from $8 trillion in Covid stimulus the past two years (mostly lower paying retail and service jobs). By the February meeting of 2023 the Fed will be at or very near 5% interest rates, which I believe will help trigger a considerable plunge in markets and subsequent mass layoffs.

There are other factors to consider, though.

One lesser-known issue is the new 1% excise tax on stock buybacks planted within Biden’s Inflation Reduction Act. The measure, which goes into effect in January of next year, will not reduce prices on most goods. That said, stock buybacks are still the main way major corporations keep their stock prices high. Over the past decade, buybacks were funded by money borrowed from banks or from the Fed directly at near-zero interest. Adjusted for inflation, these loans were essentially free money.

Now, the easy money party is about to end.

The 1% excise tax added on top of a 5% Fed funds rate creates a 6% millstone on any money borrowed to finance new stock buybacks. Free money is a thing of the past. Subsequently, buybacks will essentially stop. This removes a major source of new funds from stock markets, which will also pause, before beginning a heart-stopping plunge.

Now, it will likely take two or three months before the tax and the rate hikes create a visible effect on markets. This would put our time frame for contraction around March or April of 2023.

Inflation is not going anywhere anytime soon, however. The underlying problem of energy prices needs to be considered as they contribute to further supply chain stress.

Think about this for a moment: The current reduction in oil prices and energy is artificial and government-driven, not supply and demand driven. Oil prices in the US are being kept down by President Biden’s constant supply dumps from the strategic reserves. Eventually, there won’t be any oil left to drop into the markets and the nation will have to replenish those strategic reserves at a much higher cost.

Furthermore, oil and energy prices are being kept down because of China’s bizarre Zero Covid policy, which is slowing their economy to a crawl and reducing oil usage to a minimum. With public riots escalating, the CCP will probably seek to ease financial conditions as a means to stifle dissent. A reopening by February or March is on the way, with a number of controls still in place of course.

As soon as China reopens, oil prices will skyrocket once again on the global market.

Then, there is the war in Ukraine and the ongoing sanctions against Russia. Europe is about to face the worst winter in decades with natural gas supplies severely limited and the cost of power for manufacturing no longer tenable. Hundreds of factories across Germany and northern Europe are already sitting idle. Their only hope is for a mild winter. If the current trend continues, manufacturing in Europe will continue to plunge, causing further chaos in the global supply chain. (Don’t forget – Germany is the world’s #4 top-exporting nation, a fact that’s often forgotten by many economists. Germany is a crucial supplier of nuclear power-generating machinery, vehicles, electronics, pharmaceuticals, medical gear – the list goes on.)

High energy prices and supply chain disruptions will mean steady high prices or increasing prices in goods and services well into 2023, even with a contraction in jobs markets and stock markets.

Here’s what to do

I will be publishing an article soon with a working theory on how the U.S. could actually stop inflation without crushing the rest of the economy. The model would require cooperation from leaders at the state level, though, along with a number of business interests that focus on necessities. In the meantime, I strongly suggest that readers ensure they’re prepared to weather an economic calamity. That means ownership of inflation-proof gold and silver, a stockpile of provisions and necessary medications, a supply of other necessities (fuel for example) and organizing mutual support networks within their local communities before next April.

Does this sound drastic? In my opinion, the cost of preparing for such a disaster is minimal. You can always sell gold and silver, you can always eat those provisions, use the medication and the fuel. The time invested in organizing your community will pay massive dividends – you never know when you’ll need a handy neighbor to help with a project.

The cost of not preparing for such an event? The cost of not establishing a firm foundation of self-reliance and mutual support isn’t measured in dollars. It’s measured in broken dreams and ruined lives.

After 8 long years of ultra-loose monetary policy from the Federal Reserve, it’s no secret that inflation is primed to soar. If your IRA or 401(k) is exposed to this threat, it’s critical to act now! That’s why thousands of Americans are moving their retirement into a Gold IRA. Learn how you can too with a free info kit on gold from Birch Gold Group. It reveals the little-known IRS Tax Law to move your IRA or 401(k) into gold. Click here to get your free Info Kit on Gold.

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Ouirphuqd
Ouirphuqd

Contrary to what Brandon believes, I still think we can vote our way out of this (not). Corruption, election rigging, wokeness, racial disharmony, immorality and just plain downright stupidity have me convinced that all we have is a shit sandwich on the menu. I will continue to think locally and not believe anything the government or media says. HAPPY NEW YEAR’S.

Anonymous
Anonymous

There is only ONE WAY to fix this predicament we find ourselves in……..stop complying. stop voting, take your money out of the bank, do not use credit cards and become ungovernable.

BL
BL

Yup……

Anonymous
Anonymous

2 debit cards for daily use, only enough in the bank for known, (for the most part) standard expenses. Have one CC left, i think.

Hain’t spendin’ $, gonna be priceless.

A cruel accountant
A cruel accountant

FUCK! gold.

Be your own central bank. Dont buy a new house, don’t buy a new car, don’t go on vacation, don’t go out to eat!!!!!

PAY Off! Your fucking debt!!!!!!!!!!!!!!

If you have debt you’re a stupid fucking retard!!!!!!!!!

fujigm
fujigm

I’ll bite, accountant.
Why should I pay off my uncollateralized (or revolving) debt?
This is the hardest debt to collect.
Almost nobody will buy it.
And fuck any bullshit morality play people throw out.
This debt is insured, the premiums included in your interest rate.
If I default, what will they do?
They file a claim against insurance and are paid the balance they have insured.
And they still try to claim you owe them.
If you fail to contest it, you do owe them.
I’ve asked this question from everybody in the “freedom” sphere on why should I deleverage.
I’ve never gotten a coherent response.
Fuck your bullshit.
I buy gold, silver, lead, food, and basic meds, and do it ALL on revolving credit.
When it turns to shit, I say fuck you and the horse you rode in on, come and take it.
I own nothing above salvage value, sue my broke ass.
Tell me why I should pay my creditors?

Anonymous
Anonymous

Niggers come in all colors

Boogie
Boogie

What’s the worse they can do. Give you a bad credit score? Truth is, they use debt to make money with no intention of ever paying it back. They use $5 of debt to make $50 in profit, hide it, rinse and repeat. (Our current monetary system).

Felix
Felix

Well said, not nicely said, but well said.

Idaho
Idaho

SELF SUSTAINING as much as possible. fix your stuff, grow your stuff, back up power, wood heat, anything you can do yourself benefits you and not “them”.

VOWG
VOWG

Very few people actually have the capability, ability, or property needed to do that. That sadly is a fact of life in this century.

Felix
Felix

I do, but I started 20 years ago.

Anonymous
Anonymous

HELL YES. Get out of the fake money and exchange all of it for something real. You are running out of time. Their power comes from the printing press. When the $ dies so does the system. When Russia wins the war in Ukraine and the US / EU go bankrupt, the US $ will lose reserve currency status and everything changes. Stupid fucks in the “free shit army of America” will starve to death or be shot while looting. No amount of taxation will run the failed government when the currency becomes trash. There will be nothing to buy because nobody will want more worthless paper. I’m telling you, hyperinflation is in the cards. DUMP YOUR DOLLARS while you can. Break away from the system NOW before it fails because if you wait, you go down with the ship.

zappalives
zappalives

Will add……………….LOSE THE IDIOT smart phone.
That is the systems direct tool to CONTROL your nigger ass !

Anonymous
Anonymous

there is also a turd taco if you don’t want a sandwich.

Iggy
Iggy

Let it burn baby burn I’ll buy marshmallows.

Anonymous
Anonymous

Shame Really. All those QR codes in the works to shop at WF. And 85-90% that shop there will not be able to use them. Because they are unemployed. And have no actual skills or knowledge to make it.

Been a while in the making, but seems unavoidable this go-round.

Buckle up, it’s nearly Show Time.

Aunt Acid
Aunt Acid

Cue-Ar codes is right, comrades. The key to the prison.

Simplecarpenter
Simplecarpenter

That minority discount is quite something isn’t it ?Un flippin be-lievable !!???Out here in PillBillyVille ,PNW ya got the meth and fenynol smokin nocturnal 99% white trash stripping the copper and I guess the aluminum out of all the old land line infrastructure . Place where I have a cabin on the river as akind of second residence (I used live there full time for 15 years ) I guess the phone service is frequently out for weeks and then on for a day or two as a result . catalytic converters ,whole vehicles ( just had a project 4x truck stolen off that property ) It aint just darky my friend , I’m no beedin heart lib either , just sayin. On the upside though people can also get “dissapeared “around here pretty easy also

Iggy
Iggy

I wonder if the hordes of nigger shop lifters will care.

Thunder
Thunder

They steal “Bling and things” but when every one cannot afford Bling and things and only feel hunger, then these dark Knights will go full retard.
It will be best if you are well out of the city and out of sight.

mark
mark

CBDCs | “The Central Bank Digital Currency (CBDCs) Will Be the Key Flashpoint When It All Comes Apart.” – Steve Quayle

https://rumble.com/v22dfgg-cbdcs-the-central-bank-digital-currency-cbdcs.html (8 minutes).

Glock-N-Load

Yes, I believe CBDCs are the linchpin.

tony
tony

congress, trump, and the biden actors contributed mightily to the money supply. and employment is flat for 2022. the official numbers for employment are proven lies.

Mary Christine

April huh? It will crash when the Fed is ready for it to crash.

mark
mark

This loan wolf nailed the truth in May of 2020…got to hand it to him. ICE-9 has put up the most detailed accurate posts on TBP about it…and the Trillions Trump pumped into the Banksters undercover of the Covid Con…and then the Warp Speed Bio Weapon Jabs were unleashed.

They has these poisoning waiting…all Trump did was play the Pied Piper for them.

Flea, put a couple up REPO, Admin covered REPO a number of times in multiple threads….and I did in one comment.
The REPO implosion of September 2019 was a trip wire the Banksters stumbled across…and once it happened they went all in out of desperation.

The Magicians call it DISTRACTION.

There were terrified of the masses realizing what their FED FRAUD had wrought.

DATA SHOWS THE US ECONOMY WAS COLLAPSING 5 MONTHS BEFORE THE CORONAVIRUS OUTBREAK
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https://news.bitcoin.com/data-shows-the-us-economy-was-collapsing-5-months-before-the-coronavirus-outbreak/

Freedom!
Freedom!

M, had a thought, let’s see what ya think of my thought. Trump was allowed to win so Americans would take the jab. Hillary could never convince anyone to jab as she is not trusted. Biden then allowed to win so the Dims would jab, interesting theory? Merry Christmas!

piearesquared
piearesquared

That is exactly what happened. Trump was selected to win in 2016, partly to neutralize the Right so they wouldn’t resist the scamdemic tyranny that the NWO knew would be coming in 2020, partly to help convince the Right to take the kill shots, and partly to induce TDS in the Left to ratchet up their fighting with the Right. (This keeps everyone distracted so they don’t figure out that the NWO is orchestrating the scamdemic.) I know this idea is anathema to Trump supporters, but it is true nonetheless.

mark
mark

Freedom!, piearesquared.

I watched Wayne Allen Root interview Trump on the 23rd on his show the TOP TEN…on the American Scene network (I get it through Dish – probably the best TV news station available for honest rabbit hole reality) now Root is a huge Trump supporter…except for the JABS…he is vocally anti-JAB and always has been.

The last question for Trump was ROOT telling Trump he is getting constant e-mails from his supporters against WARP SPEED…and where does Trump stand now? Trump immediately went into his self-congratulatory elevator speech on how the JABS probably saved 100 million lives…and prevented another Spanish Flu…and then went into on how he didn’t make them MANDATORY. Blah, Blah, Blah, Yada, Yada, Yada.

So to both your sound, logical, and in my mind proven points, Hillary never, ever, could have pulled the JABS off there would have been mass riots in the streets before anyone on the right would have rode her needle…but millions ran to get injected with mRNA and Graphene Oxide poisons because they were lulled and conned by TRUMP.

Donald J. Trump has been the greatest Trojan Horse in the White House of all time because he has pulled off the greatest mass genocide of all time. I spent Christmas Day with some family who thought he was the greatest President of their lifetimes, and at WARP SPEED got double jabbed and boosted…they have been plagued with serious health problems since, major heart surgeries, breathing problems, and they look like shit.

We don’t talk about it because they know exactly how I feel…I sent them dozens of detailed warnings mostly indisputable TBP threads, told them where and how to buy Ivermectin over the phone, and how to build up your immune system and Detox.

My wife heard one mention they are getting their 4 year old granddaughter boosted next week!

What do you say to someone at this point who will put that poison into a little innocent child?

They have bought the deception and the lies hook, line, and sinker…and the man who greased the skids to keep the Banksters afloat with trillions after the REPO crash, then allowed the lockdowns, them brought the frigg’in military into shoving out untested poisons was Trump…and many still think he is their great hope???

I think he is just another TRAITOR…on a political stage full of TRAITORS. He pulled everyone into DC the greatest False Flag since 911!

Root’s interview with Trump should be here in the Brave Heart segment…he thinks Trump is a modern day Brave Heart…I think because of the mass genocide he is a modern day Benedict Arnold.

https://americasvoice.news/wayne-allyn-roots-americas-top-10-commentary/

So Trumps just stated these poisons below have saved 100 million lives??? He is pure evil for greasing these skids.

FDA CRIMINALLY APPROVED BIOWEAPON AS SAFE & EFFECTIVE VACCINE – KAREN KINGSTON

By Greg Hunter On December 24, 2022 In Political Analysis 133 Comments
Karen Kingston is a biotech analyst and former Pfizer employee who has researched and written about many aspects of Covid 19 and the so-called vaccines. It’s now become obvious, with dramatically rising death and injuries, the CV19 injections were bioweapons passed off as lifesaving vaccines. Kingston has many documents from the government and vax manufacturers to prove this point. Kingston says, “In America, you cannot legalize murder. . . . The original timeline was they were going to submit for FDA approval (for the CV19 injection) in June of 2025. Because they were trying to push the mandates, and Americans were saying you cannot mandate an experimental product, they said, oh, it’s now FDA approved. They moved that timeline up exponentially. The reason why that is a problem is that it is legally distinct from an ‘emergency use’ product. Once the approval happened on August 23, 2021 (Comirnaty),that broke the liability shield for the ‘emergency use’ product. So, the FDA fraudulently and criminally approved a bioweapon as a safe and effective vaccine. . . . People were under the impression they were getting an approved product. . . . they were actually getting a bioweapon. . . .If they never had done the approval, you could not bring these civil charges against Pfizer, and there are dozens and dozens of them as well as criminal charges. . . . Call these shots what they are. They are bioweapons. I don’t care what our government said in the past. I don’t care what little memo they got from HHS or their employer. What they have done is wrong, and they need to be held to account.”

Kingston goes on to say, “I know people are saying anyone who says there is technology in these shots is a conspiracy theorist or crazy. I just showed you Pfizer says on their website that this is technology. The lipid nanoparticles are technically called biohybrid microrobots. That sounds bad, so they call them lipid nanoparticles to make it not sound so scary. So, there is technology in the CV19 injections.”

The CV19 bioweapons can cause a variety of deadly health effects. Kingston thinks, “25% of the fully vaxed could die of a heart attack or end up with severe heart problems such as Myocarditis.”

Kingston lists many other deadly or debilitating effects of these bioweapons such as neurological disease, autoimmune disease, extreme and fast spreading cancers and severely weakened immune systems, just to name a few. The shots did zero good and massive damage that people are now waking up to. According to Kingston, this is what these CV19 bioweapons were supposed to do.

Kingston says, “More experts are coming together in January and calling these bioweapons. They will be sharing this evidence from the manufacturers and our government. People also need to recognize there was never a virus. We were attacked with a nano-weapon. . . . Not only is the so-called vaccine a bioweapon, you cannot vaccinate against a technology. The whole thing was a lie.”

There is much more in the 1-hour and 26-minute in-depth interview.
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with biotech analyst Karen Kingston as she gives an update on the bioweapon injections and criminals behind them for 12.24.22.

FDA Criminally Approved Bioweapon as Safe & Effective Vaccine – Karen Kingston

brewer55
brewer55

I’ve heard Wayne Allen Root off and on for years. For me personally, he is another loud bloviating talking head who is very much in love with himself. The same with his buddy, Trump. Although, as you’ve stated, mark, Trump is a Judas / Trojan Horse. Too many conservatives are still hitching their wagon to this traitor. I’m so sick of it all.

mark
mark

Actually I agree with much of what Root says, and he relentlessly blasted Obama…but to me the horrific consequences of the trillions of fiat Trump let them cover the REPO collapse with, the green light to the lockdowns, the death and disability poison needles at WARP SPEED (there is MOUR) massively dwarf the positive Trump did…it all appears to me to be completely contrived.

For Trump to say on 12/23/22 he saved 100 million lives through the JABs considering what all but the brainwashed ‘masses of asses’ still believe…is ludicrous…there is no way this is pride or bad advisors on Trump’s part.

He is not stupid or blind…he knows what is really happening.

ken31
ken31

He is as fucking stupid as Bush Jr and even more evil, if that is possible.

Anymore, my only real political position is being anti-federalist. The rest of my views are just historically traditional understanding of race, religion, and nation.

piearesquared
piearesquared

Mark, to this day I still haven’t figured out if Trump understands what is happening (i.e. that he is a puppet of the NWO and is doing their bidding) or if he is just a clueless useful idiot, but I am leaning towards him being a clueless useful idiot.

mark
mark

piearesquared,

I don’t think he is clueless buddy.

He seemed that way with many appointments and sins of commission and omission, and he did do many things his supporters wanted him to do…but I believe he also just said what those on the right wanted to hear…without the actual follow up.

The big tells against him to me are a long list…but once the REPO Market imploded in September 2019 he was all in for the Banksters, Big Pharma, and the Bio weapon needles TLPTB wanted to inject the world with.

To me the Warp Speed reality that he still clings to – to this day – in spite of the indisputable in your face deaths and disability overshadows everything else.

Socratic Dog
Socratic Dog

I’ve thought that from the beginning, when he surrounded himself with Jews even before taking office. Anyone but a damn fool would have understood the optics of that; he didn’t. A clueless egotistical cunt.

brewer55
brewer55

I was probably a bit hard in my statement on Root. (Plus, I had a few too many libations on Christmas day and I’m nursing a big head today!)

Like you stated, he does speak a lot of truth. As I recall, Root was at Columbia the same years as Obama was and no one seemed to have ever seen him there. I think I’m on another data overload and disgusted stage that I need to bounce back from.

Merry Christmas and Happy New Year!

mark
mark

Yea, Obama was been groomed by the CIA throughout his so called invisible years at Columbia.

Anyone who even tries to get his records runs into a brick wall.

Cedartown Mark

Wall Street on Parade was covering that back in Sept 2019.

WilliamtheResolute
WilliamtheResolute

Just a lot of words to tell you…they want you broke and dead, doesn’t matter the order.

Send your dollars to...
Send your dollars to...

The problem for us anyway is that although common sense dictates that the shit is going to hit the fan, but the powers make their own rules and they can pull the rug out from under you when ever they please. They will pull something out of their ass and put a band-aid on it, again, without fixing anything and in ten years we will go through it again giving them another chance to rob us, again. Again and again.

Glock-N-Load

“Here’s some free advice most people learn the hard way: the more your financial future depends on hope, rather than basic economic principles, the more likely it is to disappoint you.”

I know quite a few people who do all the “right” things and can’t catch a break.

“The fundamental forces that make markets, supply and demand, debt and credit, money velocity and inflation – these cannot be ignored.”

So far, it can.

Glock-N-Load

“Now, remember, despite their essential role in the nation’s economy, the Fed can only really do two things:

Expand or contract the money supply (print or destroy dollars)
Make debt cheaper or more expensive (lower or raise interest rates)

That’s it. Those are the limits of monetary policy.”

Doesn’t sound very limiting to me.

m
m

The Fed will soon meet their limit: it’s the moment they succeeded to destroy the USD, as then the two things you listed will become meaningless.

Glock-N-Load

I’ll believe it when I see it. CBDCs will fix everything…for them.

mark
mark

This is what we need Donkey…

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BL
BL

Mark- You are a hell of a soldier in this internet/spiritual war. Thank you for your devotion to God and country.

mark
mark

Thank you BL my brother…that made my morning!

Thunder
Thunder

I think it would help if the Government stopped spending what does not exist. Deficit spending should only be used from the built up surpluses accumulated. This of course is a joke as only slick Willy had one and that was a head fake.
Your done if you spend +1.7 trillion on top of normal operating costs. The Treasury will ask and the Fed will buy the bonds at interest. You remember interest, it is the thing that puts the foot to the flame, in every economic decision.
On what planet does Greenspan , Bernanke, Old Yeller and this current idiot think that free money does not create a bubble. It has not popped yet and it is a Huge, all encompassing bubble looking for a pin. Same as always it will deflate in a controlled way until a thing (the Pin) puts the fear of God into these hopeless but this time no Calvary will come to the rescue.

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