Just assume everything you hear on the main stream media is total fabrication. Noone knows the true inflation numbers but I'd guess it's well over 20%.
Gas has doubled in price, most other items plebians buy has increased in costs way more than 8%. Some sectors of the stock market are down over 1/3.
The inflation metric is based on carefully picked goods which are largely (currently) immune to inflation. Thus the 8%. Actual inflation, as in what consumers are paying, 30%-300%, depending on the item. Inflation is well past 8%. I simply can't take anyone seriously who offers this as a fact without such caveats.
But this is all about the slow boil while cheering, "or wasn't me!"
should be 25%
You are not in recession until something like that continues for some number of months. I forget the specifics, but yeah, we are for sure in a recession if we are lucky.. Most likely a depression
both of which are engineered.
this was all avoidable. all we had to do was...not shut down the fucking world and print trillions out of thin air.
As you said, this was all engineered. The shut down, the food shortages, all of it. We are in a recession if the bankers decide to put us in one, if they decide to make a booming economy that's what we'll get. It's already too late to stop the problems that the food supply will see, but they could be mitigated..
In the end, a group of international jackal's did what they do, because the pieces of shit aren't content with being in control of the most powerful society that the world has ever seen, they'd rather be kids of a mud puddle to that lord Baal is pleased with them. (or whatever)
it's weird, but most of the stock market is based on "futures" or projections of supply and demand.
the market is supposed to price in all "known" information. so we know things are very bad, but at this point high inflation, gas, supply issues, etc should be priced in, with the info we have on hand.
any new information, good or bad, will effect the market.
so you ask yourself, what are the chances more bad information will come out? pretty high what are the chances some amazing miracle news will be announced that reverses everything? not high
so the markets will most likely continue to slide down, we just don't have any additional concrete info yet, but it's most likely going to continue.
food prices in the fall, real estate market starts to tank, new lockdown measures, higher inflation numbers - just some things that can be announced that are likely that will send markets lower.
It's so bad that the end solution will be everyone imagining it didn't happen.
We've been lied to about the most basic fundamentals of the economy. We're told it's a free market, but the government interferes an increasing amount every year. We're told that our monetary system is run by the Federal Reserve, when in reality it's run by international private banks. Even if you come up with an accurate estimate of inflation, it doesn't account for any number of new ways they are going to fuck us in the ass. And there will always be new ways because due to exponential growth it becomes more and more difficult to hide the fact that economy/monetary system is little more than a ponzi scheme.
its genocide
(post is archived)