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Biden's economic catastrophe


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39 minutes ago, West said:

https://www.foxbusiness.com/economy/higher-interest-rates-could-cost-us-companies-380b-slowly-unfolding-crisis

It appears the US is heading toward a recession similar to 2008. 

A second under Joe Bs leadership. Sad

Hopefully not as deep for the Americans as it was in 2008, but I suspect it's going to be very long. A shallow but lengthy time of poor economic performance and stagflation. Excessive government spending has created a false economy that simply can't be supported over the long term and must eventually correct itself. That will probably mean a significant economic downturn  

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1 hour ago, West said:

https://www.foxbusiness.com/economy/higher-interest-rates-could-cost-us-companies-380b-slowly-unfolding-crisis

It appears the US is heading toward a recession similar to 2008. 

A second under Joe Bs leadership. Sad

You're LYING about what your cite (based on a single UK based consultancy) says.

Quote

"In a worst-case scenario, the new higher-interest rate environment might trigger a decaffeinated repeat of the 2008 financial crisis: a credit crunch, but at a slower pace," Forrest said. "Financial services need to be prepared."

Unlike the 2008 crisis – which was a squeeze on the availability of credit and left the financial system unable to provide the necessary credit demanded by the economy – companies will now have to wean themselves off of years of cheap debt, or find ways of refinancing or reducing their current debt levels. 

Apparently you don't GAS about your credibility.

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15 minutes ago, robosmith said:

You're LYING about what your cite (based on a single UK based consultancy) says.

Apparently you don't GAS about your credibility.

Nope. He's right. You're the LIAR here, along with the other DemoNazi goose steppers.

We're in the worst economy of all time and it's ALL the fault of UNELECTED JOE AND HIS DEMONAZI STORM TROOPERS. \

You have the credibility of a sewer rat.

  • Haha 1
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3 hours ago, reason10 said:

Nope. He's right. You're the LIAR here, along with the other DemoNazi goose steppers.

We're in the worst economy of all time and it's ALL the fault of UNELECTED JOE AND HIS DEMONAZI STORM TROOPERS. \

You have the credibility of a sewer rat.

Maybe for as long as you've been alive where "all time" is about 5 years. LMAO

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