Recession 2022 - It's Here by some people's metrics, Biden made no moves Moves to Avoid it ! !

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2manyBats

Well-known member
I keep looking for Better news - but Not Many are Optimistic that our Current Administration's Policies are in place to avoid the "R" Word

Consumer Prices in February surging ⬆️ 7.9% since last year, the fastest pace since January 1982. Inflation at a new 40-year high!

All Energy Sectors - Seeing Record Increases

Every 50% rise in crude has led a recession

If the 10 year treasury gets below 0 - that's an almost certain sign of recession.

If inflation is 8% and the yield curve is low, it means stagflation.

March 6th Figures

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19AL63 said:
. Biden, his administration and the Democrats stupidity brought this on us so there is no way their stupidity can get us out of it.
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Can it be held off or Limited till the Midterms and then Will Joe sign anything that could help ?
 
2manyBats said:
Can it be held off or Limited till the Midterms and then Will Joe sign anything that could help ?
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No. The democrats painted themselves into a corner. If Joe does the right thing, he loses the Bernie, AOC wing...If he doesnt do the right thing, he loses moderates/independents. Their goose is cooked. Unfortunately, the middle class gets brutalized again. But, the dems will get beat in the mid terms worse than the Japs got beat during the Marianas Turkey Shoot.
 
If shiete gets real bad...we are already nearly 30 trillion in debt. We have no more money to hand out, give "stimulus" crap etc. We are in deep shiete.
 
Tesoro said:
If shiete gets real bad...we are already nearly 30 trillion in debt. We have no more money to hand out, give "stimulus" crap etc. We are in deep shiete.
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They want to go all electronic money, so that they can turn it on and off for individuals. Joe just signed an order for action today, to fasttrack it. We have to keep our eyes on the ball here. They are moving rapidly, not letting the crisis go to waste.
 
2manyBats said:
I keep looking for Better news - but Not Many are Optimistic that our Current Administration's Policies are in place to avoid the "R" Word

Consumer Prices in February surging ⬆️ 7.9% since last year, the fastest pace since January 1982. Inflation at a new 40-year high!

All Energy Sectors - Seeing Record Increases

Every 50% rise in crude has led a recession

If the 10 year treasury gets below 0 - that's an almost certain sign of recession.

If inflation is 8% and the yield curve is low, it means stagflation.

March 6th Figures

View attachment 27454
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he is the one that made the moves to get America to this point.... plus letting 2 MILLION illegals into this country in ONE FRICKING YEAR
 
frecriss said:
No. The democrats painted themselves into a corner. If Joe does the right thing, he loses the Bernie, AOC wing...If he doesnt do the right thing, he loses moderates/independents. Their goose is cooked. Unfortunately, the middle class gets brutalized again. But, the dems will get beat in the mid terms worse than the Japs got beat during the Marianas Turkey Shoot.
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you know I really haven't seen much of Bernie in the past 5-6 months...
 
Stirred not Shaken said:
Maybe but if you have investments in the stock market, they will take a big hit.
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that's an understatement !!! Democrats don't realize, people are losing Future abilities to ...

1. Financially Help Family
2. Purchase a Vacation Home / Summer Cottage
3. New Vehicle Purchases after Retirement
4. Afford the Retirement Life they worked and Saved for !

Democrats are acting like they want All retirees on Medicaid vs Medicare
 
ProV1 said:
Aren’t most people on fixed incomes? What percentage of people have incomes that materially fluctuate every month?
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I would think the majority are not on fixed incomes. Truck drivers, contracted labor, farmers, factory workers, salespeople etc. all have incentives, bonuses or contractual agreements that change continuously.
 
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