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Remember The Inflation Is Transitory Line? Well...Here We Go Again

Remember The Inflation Is Transitory Line? Well...Here We Go Again | A RECESSION IS NOT INEVITABLE. A RECESSION IS NOT INEVITABLE. A RECESSION IS NOT INEVITABLE. WHEN IN REALITY; WE'RE AT A 44% RECESSION PROBABILITY. WHICH MEANS WE ARE ALREADY IN A RECESSION OR ON THE BRINK OF ONE. | image tagged in memes,politics,finance,down,its not going to happen,reality check | made w/ Imgflip meme maker
655 views 18 upvotes Made by 1forpeace 2 years ago in politics
8 Comments
[deleted]
3 ups, 2y,
1 reply
Looking at my paychecks, tax bills, savings, and real estate prices I think we have been in a recession since about 2008. This thing that is going to happen next is going to be much worse.

Buy some cans of food and stock up your freezer now friend.
2 ups, 2y
The way it's going right now the only thing you can expect is that it is going to be much worse.

Thank you for your suggestion, but don't forget the home products you'll need too.
2 ups, 2y,
1 reply
Up-voted. Last week a survey -- quickly suppressed -- surfaced in which 70% of top economists admitted that the United States is definitely heading into a recession.
2 ups, 2y
Thank you.
Yes, I know, everybody knows that, except of course for Joe Biden and his Administration.
2 ups, 2y,
1 reply
Last I read we were entered recession in 2018
2 ups, 2y
Maybe but by 2020 wouldn't you think that the economy and stock market had recovered nicely?

Contributing factors to a recession: Public and private debt hits record highs, which could trigger a damaging financial crash, if not handled with care. As well as the Feds action of rate hikes.
2 ups, 2y,
1 reply
Got to be a way to shut down the Fed.
2 ups, 2y
I'd say they just need to take away Biden's ability to spend money, because he does not seem to know the basics about economics or finance.
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  • IMAGE DESCRIPTION:
    A RECESSION IS NOT INEVITABLE. A RECESSION IS NOT INEVITABLE. A RECESSION IS NOT INEVITABLE. WHEN IN REALITY; WE'RE AT A 44% RECESSION PROBABILITY. WHICH MEANS WE ARE ALREADY IN A RECESSION OR ON THE BRINK OF ONE.