Author Topic: The Economy is Going to Implode  (Read 127780 times)

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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #780 on: June 23, 2022, 09:35:39 AM »
Airlines are getting worse...from clot-shot mayhem to undisclosed staff shortages still endemic in the industry...cancelling flights left and right, passengers often times screwed out of vouchers if the company sees a dark cloud on the radar "oops, bad weather, sorry!"...people stranded in airports for days some with kids...and now, labor disputes...routes cancelled...

https://www.zerohedge.com/political/watch-over-1300-southwest-pilots-picket-outside-love-field

https://www.zerohedge.com/markets/american-airlines-ending-service-these-three-cities-amid-pilot-shortage

And the price of jet fuel has to be an increasing hit too, putting more pressure on...could be a really bad time for a contract dispute.

Anyway, with oil/gas going crazy and being made more painful by morons...

https://itsaboutliberty.com/index.php/topic,5094.msg197580.html#msg197580

The coming commodities crunch...not the least of which is food...

https://itsaboutliberty.com/index.php/topic,913.new.html#new

What does the illegitimate occupation government have to offer?

(cringe)

Biden, Pelosi and other politicians rely on economic advisers and gatekeepers to write their talking points for them, and the narrative that government spending is a “good thing” that will eventually stop inflation is part of a much larger concerted propaganda effort; it is not just the ramblings of senile government hacks.

As we have seen recently from Biden's advisers, the all encompassing narrative is in support of massive spending as the magic talisman to ward off collapse.  In other words, the claim is that we can print our way to prosperity.  Cecilia Rouse argued that:

"The president is focused on inflation and in fact, Build Back Better is a long-run investment to increase economic capacity so that we're better able to address inflation. Parts of Build Back Better include addressing costs, such as prescription drugs. It includes making investments to make the transition to clean energy which we know we need to be making as well. So that's not the kind of dollars that is stimulus, it's investment, and it's the kind of investments that actually pay for themselves over time. So that's smart economic policy right now..."
 
https://www.zerohedge.com/economics/biden-economic-adviser-asserts-more-government-spending-will-solve-inflation-crisis

The BigGov psychotics are all addicted to deficit spending into oblivion...they have ZERO sense, ZERO credibility and ZERO ethics...they always pervert language...instead of deficit spending and printing dollars it lies and calls it "investment"...investment my ass!  It's blowing money to the wind!  It will produce NOTHING but more inflation and a bloated balance sheet it cannot print more (monetize) to deflate and literally fvcks every soul with a burden they cannot bear!  It's crap like this and traitors like this that will DESTROY the nation!
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #781 on: June 27, 2022, 11:57:48 AM »
Too many still do not get it...

https://www.zerohedge.com/personal-finance/dallas-fed-tumbles-two-year-low-hope-crashes

...what these folks are doing is what they are told to do...these are desired features and outcomes...not flaws and mistakes...
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #782 on: June 28, 2022, 08:42:54 AM »
https://www.zerohedge.com/markets/more-money-your-pocket-newsom-helicopter-drop-17-billion-inflation-relief-stimmy-checks

Spit in the ocean at the individual level...most will blow it on black market goods, drugs & whatever...

All it will do is make CA closer to bankruptcy, do nothing to tame raging inflation or solve things their state and federal level Marxist policies have wrought...

Call Mexico...tell them that can have CA back, free...no cost...

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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #783 on: June 29, 2022, 09:09:15 AM »
The first goal of Marxist economics achieved - Stagflation confirmed...

https://www.zerohedge.com/economics/us-q1-gdp-revisions-scream-stagflation

Next up, deep pain of the serfs to exploit to consolidate Marxist rule for perpetuity...(or until all is ultimately destroyed in total)...
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #784 on: June 30, 2022, 09:03:55 AM »
These seem to be tracking together...

https://www.zerohedge.com/personal-finance/feds-favorite-inflation-indicator-dips-us-spending-slows-may

Slows...not falls...

...and as things go to crap for a myriad of man-made reasons documented nine ways to Sunday...bottom lines going black to red always cause contractions in business operations...

https://www.zerohedge.com/personal-finance/initial-jobless-claims-5-month-highs-layoffs-accelerate-0

As stagflation digs in...on the horizon still is $200/bbl oil, food shortages, more nastier war (see Ukraine thread)...a recession that could be a depression or worse...

The literal pooh is starting to hit the oscillating blades...
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Online ToddF

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Re: The Economy is Going to Implode
« Reply #785 on: June 30, 2022, 01:20:57 PM »
Quote
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.0 percent on June 30, down from 0.3 percent on June 27.

https://www.atlantafed.org/cqer/research/gdpnow

The recession is now real.


Offline Libertas

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Re: The Economy is Going to Implode
« Reply #786 on: June 30, 2022, 03:25:05 PM »
Ya shure...

Next thing ya know...they may redefine how crap things have to be for there to be a fo-real recessionTM

 ::laughonfloor::

The worse news...the impacts of their planned destruction is just starting...
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #787 on: July 08, 2022, 08:38:58 AM »
The Marxist sanctions are destroying American jobs and earnings like nothing before...and now, yet more proof that the illegitimate occupation government continues to benefit Russia and punish Americans...

The United States ran a merchandise trade deficit of $1,049,100,000 with Russia in the month of May, according to data released today by the U.S. Census Bureau.

During May, the United States sold $77,400,000 in exports to Russia and purchased $1,126,500,000 in imports, resulting in the trade deficit of $1,049,100,000.

The last time the United States ran a monthly trade surplus with Russia was in December 1995, according to Census Bureau data.

https://www.cnsnews.com/index.php/article/washington/terence-p-jeffrey/us-ran-1049100000-trade-deficit-russia-may

The Demoscat/Cuck agenda is nothing short of warfare against its own citizens!  I dare anyone to convince me otherwise...
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #788 on: July 11, 2022, 03:58:14 PM »
Still seems a bit optimistic to me...


H/T-CTH
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #789 on: July 13, 2022, 10:34:09 AM »
https://twitter.com/IAPolls2022/status/1547198537150103552

This is pretty good - https://youtu.be/Dq35iX18GX0

H/T-CTH

I like the dig at Kramer...his chuckle's...kinda long, but for the novice it's a good run down of how stuff typically works...

ATL Fed info show's recession may have already begun, I see the bifurcated prices now...gas, food et al (essentials!) still high/rising...discretionary low or falling...

But...and this is unsane (and I know I posted on it a while back)...I suspect not all people are not backing off non-essential purchases...people are maxing out credit cards and that is likely on essentials more than non-essentials...but the the addiction to the latest trendy thing is still strong in many as is the impulse to keep up with the whoever's or not look like they are struggling with "friends"...when tightening one's belt and being responsible should not be a friendship ending event.  Anyway...no doubt more sugar rush is coming...politicians are cynical bastards and don't care if they throw the Fed under the bus...but the Fed morons sold their souls long ago anyway so no harm no foul...

Clown World marches on...

https://www.cnbc.com/2022/07/13/inflation-rose-9point1percent-in-june-even-more-than-expected-as-price-pressures-intensify.html

https://youtu.be/DDT_IBk7hAA
« Last Edit: July 13, 2022, 11:55:35 AM by Libertas »
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Online patentlymn

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Re: The Economy is Going to Implode
« Reply #790 on: July 13, 2022, 03:16:51 PM »
https://youtu.be/EtqJrbTygFs
How the West brought economic disaster on itself
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #791 on: July 14, 2022, 09:28:27 AM »
https://youtu.be/EtqJrbTygFs
How the West brought economic disaster on itself

To be fair...they needed dance partners and got them.

Funny how these guys also use the "terror" term "weaponized" when describing Russian energy policy...yet that gets set aside because the West is so stupid...which they are...but stupid cannot exist in a vacuum...it needs stimuli to act upon or react to...

Just sayin'...
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #792 on: July 14, 2022, 09:35:47 AM »
Congratulations Demscats and Cucks...your inflation is higher than Mexico!

And recession...maybe a depression coming if they really succeed in trashing everything...

https://www.zerohedge.com/the-market-ear/detail

Earnings hitting the skids...the rush to downgrade expectations is a stampede...

https://www.zerohedge.com/markets/earnings-season-begins-wall-street-scrambles-get-ahead-carnage-over-500-downgrades-5-days

And I think this is the ultimate in end game financial Armageddon...

https://www.zerohedge.com/markets/take-tragedy-sri-lanka-and-multiply-ten-fed-just-lobbed-financial-nuke-will-obliterate

"Jonestown Economics"...surging dollar exporting inflation globally, vaporizing balance sheets of lenders by setting fire emerging markets ability to pay off debts, putting more pressure on rates and eroding credit markets that generates the death-spirals...

McDonald's closer is a punch to the face - If the Fed keeps its policy path promises, take the tragedy in Sri Lanka and multiply it by ten across the globe over the next six months. Check-mate FOMC.

 ::exitstageleft::
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #793 on: July 15, 2022, 01:17:16 PM »
Of course we're being lied to...

https://thebluestateconservative.com/2022/07/15/youre-being-lied-to-the-truth-about-bidenflation-and-its-consequences/

...it's a central credo for the BLS, Federal Reserve, uhhh....well...all of government...   :o
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #794 on: July 18, 2022, 12:19:40 PM »
And of course it is obvious they are using ESG green crap as a cover for destroying energy independence and make people immobile and easier to cull...it's so obvious they cannot hide it at all...

Biden's self-loathing Jewish advisor says EO's coming to force things faster - https://www.weaselzippers.us/483874-top-biden-advisor-biden-will-use-executive-orders-to-force-green-energy-mandates/

...which means faster destruction, more power for hostile foreigners and malignant domestic enemies...

...and they know time is quickly running out on them...they're getting more and more desperate, more and more obvious...

https://www.weaselzippers.us/483901-biden-climate-czar-kerry-were-behind-and-need-to-accelerate-the-transition-to-green-energy/



Unfit to breathe free air...like all traitors are unfit...

And, here's more unfit...

https://www.weaselzippers.us/483875-biden-transportation-sec-buttigieg-brags-high-gas-prices-are-forcing-people-to-buy-electric-vehicles/

...either that is the dumbest faggot on the planet...or the biggest lying faggot on the planet!  Electricity, produced by magic unicorns!!!

Plus...I heard those blades on those stupid wasteful inefficient wind mills are made of something not recyclable...that they just bury the damaged ones!

It's all a scheme, destruction, power and enslavement.
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #795 on: July 19, 2022, 08:38:14 AM »
I recall being aware of this at the time this was jammed through...as always its the "how much goes where/to who" that is purposely murky...

https://www.zerohedge.com/personal-finance/america-just-bailed-out-bunch-pensions-taxpayers-expense

...and the tab is always going to be worse not better...

...it used to be only the DoD got to get away with overruns...now, everybody does it...it's just a big pile of discretionary and endless funds!

/

 ::outrage::

On the plus side, Lockheed employment looking good...

https://www.zerohedge.com/military/pentagon-nears-deal-lockheed-375-f-35-stealth-fighter-jets
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Re: The Economy is Going to Implode
« Reply #796 on: July 19, 2022, 09:04:07 AM »
And of course it is obvious they are using ESG green crap as a cover for destroying energy independence and make people immobile and easier to cull...it's so obvious they cannot hide it at all...

Biden's self-loathing Jewish advisor says EO's coming to force things faster - https://www.weaselzippers.us/483874-top-biden-advisor-biden-will-use-executive-orders-to-force-green-energy-mandates/

...which means faster destruction, more power for hostile foreigners and malignant domestic enemies...

...and they know time is quickly running out on them...they're getting more and more desperate, more and more obvious...

https://www.weaselzippers.us/483901-biden-climate-czar-kerry-were-behind-and-need-to-accelerate-the-transition-to-green-energy/



Unfit to breathe free air...like all traitors are unfit...

And, here's more unfit...

https://www.weaselzippers.us/483875-biden-transportation-sec-buttigieg-brags-high-gas-prices-are-forcing-people-to-buy-electric-vehicles/

...either that is the dumbest faggot on the planet...or the biggest lying faggot on the planet!  Electricity, produced by magic unicorns!!!

Plus...I heard those blades on those stupid wasteful inefficient wind mills are made of something not recyclable...that they just bury the damaged ones!

It's all a scheme, destruction, power and enslavement.

Per Glenn Beck:  temps in Texas this past week over 100 degrees for days in a row; Tesla dashboards in Texas are showing messages requesting owners to not charge their cars during specific daylight hours due to burden on the power-grid.
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Online patentlymn

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Re: The Economy is Going to Implode
« Reply #797 on: July 19, 2022, 09:22:46 AM »
I recall being aware of this at the time this was jammed through...as always its the "how much goes where/to who" that is purposely murky...

https://www.zerohedge.com/personal-finance/america-just-bailed-out-bunch-pensions-taxpayers-expense

...and the tab is always going to be worse not better...

...it used to be only the DoD got to get away with overruns...now, everybody does it...it's just a big pile of discretionary and endless funds!

 ....

I did not read the article. I recall there was a law passed allowing the pension funds to reduce pay outs when funds got to a certain point rather than just run out some day. That point was reached during Obama but he stopped execution of this lowering pay out.
When the law becomes a ruse, lawlessness becomes legitimate. -unknown

Offline Libertas

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Re: The Economy is Going to Implode
« Reply #798 on: July 19, 2022, 09:48:15 AM »
And of course it is obvious they are using ESG green crap as a cover for destroying energy independence and make people immobile and easier to cull...it's so obvious they cannot hide it at all...

Biden's self-loathing Jewish advisor says EO's coming to force things faster - https://www.weaselzippers.us/483874-top-biden-advisor-biden-will-use-executive-orders-to-force-green-energy-mandates/

...which means faster destruction, more power for hostile foreigners and malignant domestic enemies...

...and they know time is quickly running out on them...they're getting more and more desperate, more and more obvious...

https://www.weaselzippers.us/483901-biden-climate-czar-kerry-were-behind-and-need-to-accelerate-the-transition-to-green-energy/



Unfit to breathe free air...like all traitors are unfit...

And, here's more unfit...

https://www.weaselzippers.us/483875-biden-transportation-sec-buttigieg-brags-high-gas-prices-are-forcing-people-to-buy-electric-vehicles/

...either that is the dumbest faggot on the planet...or the biggest lying faggot on the planet!  Electricity, produced by magic unicorns!!!

Plus...I heard those blades on those stupid wasteful inefficient wind mills are made of something not recyclable...that they just bury the damaged ones!

It's all a scheme, destruction, power and enslavement.

Per Glenn Beck:  temps in Texas this past week over 100 degrees for days in a row; Tesla dashboards in Texas are showing messages requesting owners to not charge their cars during specific daylight hours due to burden on the power-grid.

Nice, call your boss, tell him your car is telling you its hot and not to charge up...he'll understand...   :o

When all it takes is common sense... Oh, why bother...
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #799 on: July 21, 2022, 09:22:05 AM »
Hmmm...

https://www.zerohedge.com/geopolitical/2023-will-be-year-hell-martin-armstrong-warns-inflation-driven-civil-unrest

No to global war.  Anybody trusting anybody on the planet right now capable of keeping things conventional needs to have an MRI on their head.

Civil war...I can see some of that.  Revolution?  A bit harder, and likely only in smaller pockets...in larger ones probably need to see who wins the civil contest.

But, all signs point to things worsening in the Fall and 2023 having the most shat hitting the fans...
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