I do not know how to describe this with the Through The Looking Glass absurdity it deserves.
The ability of financial media and national economists to suspend accepting current reality, while making claims about the possibilities for next year, is ridiculous. Ask me why this era of great economic pretending is underway, and I have no answer. The intellectual dishonesty is beyond my comprehension.
The first and second quarters of the U.S. economy showed negative Gross Domestic Product valuations (GDP). We just finished the third quarter (July, Aug, Sept) and the likelihood of another negative GDP is high. Production is down, demand is down, consumer spending is down, inventories are climbing, and the economy is contracting. We are in a literal, technical and structural recession. Considering the Q1 and Q2 outcomes, we have been in a recession all year.
The Wall Street Journal publishes an article citing several notable economists who are putting the likelihood of a 2023 recession at 63%.
(WSJ) – […] On average, economists put the probability of a recession in the next 12 months at 63%, up from 49% in July’s survey. It is the first time the survey pegged the probability above 50% since July 2020, in the wake of the last short but sharp recession.
Their forecasts for 2023 are increasingly gloomy. Economists now expect gross domestic product to contract in the first two quarters of the year, a downgrade from the last quarterly survey, whereby they penciled in mild growth.
[…] Forecasters have ratcheted up their expectations for a recession because they increasingly doubt the Fed can keep raising rates to cool inflation without inducing higher unemployment and an economic downturn. Some 58.9% of economists said they think the Fed will raise interest rates too much and cause unnecessary economic weakness, up from 45.6% in July. (read more)
They are analyzing a pending recession in 2023 without even admitting we are in a recession right now. AT THIS VERY MOMENT. We have two consecutive negative quarters of economic growth behind us (another Q3 result pending), and these economists are discussing a recession “next year“?
I feel like I’m behind a mirror in a parallel universe looking at financial pundits and economists pretending our reality is something completely different from what it is. This is madness.
♦ “Managing the transition,” is a phrase we have heard often – but what does it mean?
This is the only explanation I can fathom for this era of great pretending.
As you are well aware the various western nation central banks including the U.S. Federal Reserve, have raised interest rates into a global economic contraction, a drop in demand. Raising interest rates into a contracting economy is counterintuitive, it runs against the expressed interest of government to grow economic conditions. However, there is a purposeful design to the contradiction. [A TLDR Version Here]
The central bankers are trying to support western government policy. Unfortunately, the government policy they are under obligation to support is the fundamental shift in energy development, or what the World Economic Forum (Davos Group) has called the “Build Back Better” climate change agenda.
Monetary policy can only impact one side of the inflation challenge. The western bankers (EU central bank, U.S. federal reserve bank, and various banking groups) are raising interest rates in order to “tame inflation” by “taming demand.” However, as you know the global economic demand has been declining for several quarters. There is no excess demand, and there hasn’t been demand side pressure all year.
Raising interest rates into an already contracting economy does one thing, it speeds up the rate of economic contraction.
Economic contraction is the lowering of economic activity. Raise interest rates -in a general sense- and businesses invest less, borrowers borrow less, consumers purchase less, employers expand less, and the economy overall slows down. When the economy turns negative, meaning less products and services are produced, we enter a recession. Some businesses and employers do not survive a recession and subsequently unemployment rises.
During recessionary periods people buy less stuff, people have less income stability, and economic activity drops. When the banks raise interest rates into an economy that is already stalled or contracting, unemployment and general pain on Main Street increases. Workers are laid-off, incomes shrink, consumer spending drops and that leads to less employment. Recessions are bad for middle-class and working-class people. This is what the Wall Street Journal is describing for 2023.
“Employers are expected to respond to lower growth and weaker profits by cutting jobs in the second and third quarters. Economists believe that nonfarm payrolls will decline by 34,000 a month on average in the second quarter and 38,000 in the third quarter. According to the last survey, they expected employers to add about 65,000 jobs a month in those two quarters.” (link)
From the perspective of the western politicians and central banks, there is one benefit from a recession…. Energy use drops.
People travel less; businesses operate shorter work schedules; manufacturing stops; overall fewer goods are produced because less consumer spending is taking place. From the perspective of the groups who want to see overall energy consumption drop, a recession is a good thing.
A recession also brings along a natural drop in energy prices as less overall energy is used inside an economy that is slowing, stalled or contracting.
Oil prices drop as less oil is needed for the manufacturing of goods. Energy use in transportation also drops and generally gasoline prices drop because less transportation fuel is needed, because fewer goods are being transported. When the economy goes into a recession, energy use and prices always drop.
Put these factors together and you start to see how the transition to a new western energy policy, the Build Back Better agenda, benefits from a recession.
This is the essential understanding needed to reconcile why central banks would intentionally create an economic contraction. This is the great pretending. The bankers are supporting the governmental objective of transitioning the western economy into a new energy system away from oil, coal and natural gas.
The banks are supporting the policy makers. However, the central banks cannot openly admit what they are doing to support the politicians and policy makers.
In this weird new era, the banks are being instructed to support the policy makers without actually admitting they have changed their monetary mission. The central bankers will continue to say their job is to manage and/or balance employment and inflation. However, what they will not admit is their unspoken agenda to support the political decisions.
Instead, almost all the central banks are saying their interest rate hikes are intended to cool inflation by lowering demand.
However, it is not excess demand that is driving inflation; it is the policy making behind the energy transition that is driving higher costs on everything. The origin of inflation is on the supply side.
The supply-side of the inflation dynamic is being overwhelmed by massive increases in energy costs which are the results of intentional western policy. Extreme increases in consumer prices are the outcome of these energy price increases. The overwhelming majority of consumer price inflation is being caused by energy policy, not demand.
The various central banks and monetary policymakers know this. In fact, they are lying about their motives. They have to lie, because if they were to tell the truth there would be an uprising, and the success of the energy agenda would be put at risk.
In order to support the energy objectives of the various governments’, the central banks are trying -and succeeding- to lower economic activity.
Less economic activity means lower energy needs. This is what they call “managing the transition” to the new economy based on “sustainable energy.”
The banks and policy makers are ultimately managing the economic decline in order to Build Back Better in the future. This is why the originating charter of the central banks is being ignored, and the banks are raising interest rates into an already contracting economy.
None of this is being done accidentally. All of this is being done with forethought and implicit intention.
Unfortunately, for the average person this means the banks and policy makers have entered a phase where it is in their interests to shrink the global economy. They are trying to control the collapse of the various economies by working together. This is what they mean by “managing the transition.”
Managing the transition means less jobs, less work, a lower standard of living, and a period of extreme financial pressure for the average person.
Eventually, we will reach a point where the government(s) will need to step in and fill the gap from the declined economic activity. Bailouts and subsidies will be needed as they were in the COVID lockdowns. Unemployed workers and the people being impacted by a prolonged economic recession will need subsidies in order to survive.
The government policy makers are planning to do just that, spend more. They practiced during the COVID economic lockdowns, now they seem to be positioning to execute a similar policy path as they manage the energy transition.
We have only just entered the beginning phase of this Build Back Better agenda. No one, including the banks and policy makers, have any idea how long this is going to take.
We could be in this period of severe economic contraction for several years, perhaps decades, until their grand design of a new energy future is complete. This has been the discussion at the World Economic Forum (WEF), as the instructions were passed out.
The entire time the western government architects are doing this, they must keep the demand for traditional energy products like coal, oil and gas at the lowest level possible. That is why the central banks and politicians must keep economic activity at the lowest -yet survivable- rate possible.
Financial analysts and economists are pretending not to know this is our reality. All the pretending in the world will not change the reality on Main Street; pretending will only create a divide between those who admit and those who deny.
The next President will be the political leader who admits the reality and affirms the proper cause.
The sixteen-year plan seems to be officially back on track. Certainly in our country today and, from the look of this, yours too. If we’re toast, the toast is burning! We need a miracle, please God…..
don’t bother pleading with God, we are under judgment. you don’t kill millions of gods innocent children via abortion and walk away with a smile on your face, there will be justice
I am increasingly thinking you are correct, but I still sincerely hope we are wrong.
Sunday was the feast day for Saint Gerard, patron saint of pregnant mothers and couples who want to have children.
Our priest quoted Saint Gerard: “When you pray, ask for nothing! God already knows what you need and want.”
Instead, pray and be thankful, pray while examining your life, pray and wonder at the glory of God and His Universe.
And then, said our priest, go out and DO HIS WILL!
God’s will is done when WE DO God’s will! Prayer without Action to accompany it is sterile.
It’s not just murdering the unborn,
it’s worshipping false gods, it’s stealing on a global scale (grift, graft, bribery, misallocating/ laundering government spending with money taken from taxpayers,
it’s defiling our land with the blood of innocent victims and letting the perps escape justice,
it’s bearing false witness against others on a national (even global) scale, and
it’s the wholesale rejection of Gods Word and His Son’s Sacrifice for mankind.
Of course we are under national Divine Judgement. As a Gentile nation, we were blessed for a long time with abundance through His Grace. But as a nation we took it for granted and wallowed in arrogance and self pride.
We have no special protection possible from the Lord, except national repentance and believing in Jesus Christ. I’m not seeing any signs that’s going to happen anytime soon, but I’m praying.
👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍
Judgment comes when the test is over; we are still in the midst of the great test – do we intend to remain as free individuals embracing our inalienable rights, or do we allow the reimplementation of governments as ‘god’.
It is at the completion of the test, then we get the judgment, whether we chose rightly by taking up and embracing our rights or if we chose wrongly by ceding what our Creator has given us into the hands of a governing mob,
so this is not over yet, not by a long shot.
Perhaps I should have written “Divine Discipline”. We are always under testing…He makes judgements continuously and puts those He has judged under discipline..
While you are 100% correct, I keep thinking that the fall of the US is just another step on the path to the one world government the anti-christ emerges to lead. Yes the US in its current form seems godless and intent on allowing every evil perversion possible to develop, there are still millions of Christians opposing this evil. Is it possible this battle for the sole of the nation is the only resistance to the total fulfillment of end times satanic world influence that was prophesied thousands of years ago??
It could be, Oldretiredguy. IDK. But despite “millions of Christians opposing this evil”, they are but a small fraction the nation’s 340M+.
Individually we can be part of a 21st century “remnant” who still Believe and try to follow Christ as best we are able. However, nationally, the U.S. is in very bad spiritual condition.
Daniel’s 70th week (septad) could begin at any time and none of us should be surprised..
We’ll know pretty clearly, I think, when the persecution of Christians in the US reaches the level of life and death the way it is in some parts of the world.
True.
It’s just a natural reaction to remember that it’s really not over until the fat lady sings, and she ain’t even near the stage entrance door yet!
The majority of the people have yet to realize the kind of trouble this country and its future is in, and once they do I expect to hear more and more the pundits exclaim ‘it looks like that silent majority is silent no more!!!’
it is in our very American bones, John Paul Jones’ “I have not yet begun to fight” will erupt when enough Americans who just want to be left alone stand up from their labors to take an honest look at what’s going on.
When they do I wouldn’t want to be a politician.
When humans get a taste of freedom, they resist the chains of tyranny.
Unless they are dressed up as security?
The paganism and idolatry of the UniParty is fundamental to their cause. These are gross, disgusting humans. And many are from ‘Ivy League’ colleges. I’m a bit surprised a gold cafe hasn’t been put up on the D.C. mall.
You’re negativism is uncalled for and inaccurate! Of course we can–and should–call out to God. He ALWAYS hears a sincere cry for help. After all, any nation who turns to God does so one person at a time.
Thank you, Kudzo. We need a worldwide miracle, please God. One of your specials, please, not something that we might, or could, design. Thank you, Lord, that you hear us….
The overriding reason the democrat foot soldiers are pretending, in my opinion, is the fear of Trump taking back power in 24. Knowing they will most likely lose the house and senate in a few weeks they can then start blaming the current situation on the republicans as if it suddenly appeared. Biden’s already started saying if republicans win things will get much worse. But when the republicans do win the democrats will immediately say the current situation is far worse than it was previously and use that mantra up to 2024 as one of the ways to attempt to stop Trump. Because half the country hates Trump they will buy the line as it will come thru every channel of sound making its way into their world of make believe. And although they don’t pay attention to reality outside their bubble they will hear that 24/7 rant as they struggle to survive. Facts never figure into the equation and democrats know that full well. Not much different than the vax hoax, the airwaves and fiber lines will spew the message for the next two years drowning out any sense of reality and it takes the entire corporate media cheerleaders and academic soldiers to do their duty, which they will steadfastly oblige, as evidenced by the current so-called economic experts claiming the recession “is coming”.
That’s how I see it. Once the MAGA candidates are seated, the economy (continues to go) sideways, and the media is in full performance, blaming, haranguing, accusing, like the demons they are.
As always. It takes a long time to do a 180 in an SR71.
The more responsible side makes the hard choices (bites the bullet). This painful surgery eventually leads to improvement.
The childish side (that created the disease to begin with) then returns to power by “redistributing” the wealth created by the responsible side and the sheeple vote for free lunch every time recreating the the disaster the adults just mitigated.
Hard Times Create Strong Men.
Strong Men Create Good Times.
Good Times Create Weak Men.
Weak Men Create Hard times.
Ad infinitum.
Query: Are the time hard enough yet to cause the painful changes needed?
Off topic but we took the grandkids to the Kalamazoo Air Zoo last week and they have an SR71 on display. Pictures can’t begin to give you true idea of how huge these planes are. 107 feet long with a wingspan of 55 feet and 18 1/2 feet tall. If you ever get a chance to go to the Kzoo Air Zoo the place is amazingly well done.
I grew up across the road from WPAFB, specifically old Wright Field.
As an adult I worked on base and spent a lot of time in the Air Force Museum. They have a 71 also.
The XB-70 is another giant
If you like aircraft it would be well worth your time to make the trip 😉
Rhetorically speaking, isn’t our present condition more like doing a 180 in the Titanic after hitting the iceberg?
That is EXACTLY why we must do something about our communist media! Without their constant blazing, we would never be at this point and yes, it will be most difficult unless & until they or silenced! Once some of the right people are again in place in our halls of government, that should be our loudest call to at least tamp down their voices! We ALL know this is true & we hear much noise against it, but NO CLEAR CUT ACTION!
Perhaps NOW IS THE TIME for all good men & women to rid ourselves of the vulture calls of the mainstream legacy MEDIA! Inroads are being made in the internet section, but little is being done on TV and PRESS! We have a very few new voices, but the most destructive remain pretty much untouched! Without their megaphones, we could much easier right the wrongs in our society!
Half the country does not hate President Trump…
Ask any democrat you know what they think of Trump, and along with their indoctrinated response watch their facial reaction. Also read yesterday’s CTH “Harvard Poll” article. I tend to believe half, give or take a minuscule number do hate Trump. The last 6 years of unleashed loonacy, mayhem and criminal activity by the left is a direct result of Trump kicking Hillary and the democrats to the curb in 2016.
When the blue haired latterday masker is complaining under their non bi-nary breath about egg prices at Publix, and has no snooty retort or cries of “fascism, ” only a blank stare of painful self doubt when they overhear my bass heavy voice say “We didn’t have these problems 2 and a half years ago” to a stock boy rotating out the oatmilk no one apparently buys, you know the worm is turning.
The Left is mentally ill. Period. Full stop.
There is no question about it. Unlimited abortion. Transgenders. Crushing free speech. Cancel culture. Crime with lack of punishment. I can go on.
Trump wasn’t the REASON. He just was a huge target to aim at. They were always angry, irrational, and crazy but they finally showed their fangs. We are NOT dealing with sane people here. Those people are for the most part Godless reprobates based on their actions, not just my opinion. ANY strong, Conservative, God-fearing politician would and does garner the exact same reaction. They can’t stand what is Right, Good, logical, rational, or Biblically based lifestyles and justice.
Half the country is not Democrat. They have been stealing our elections for a very long time.
The only parts of the country that hate Trump are the hard core socialists, the media, GOPe, and those that are cowered by fear. The number of people that entails equals the number of votes Biden received. That number is about 45 to 55 million. There is no legitimate way that Biden received more votes than the first black president or first possible lady president.
30 mil, tops.
I’ve had a few gas face experiences regarding Pres. Trump but the VAST majority are thumbs up.
A recent poll says they do, but he is also the most liked.
Love him or hate him…He’s The Donald!
BINGO!!!
that is exactly the plan. Blame blame blame anyone and everyone expect themselves, the Dems.
sadly, many will buy it.
Exactly. I tell my friends that I hope Dems keep both houses. Burn it down, then see you on the other side in 2024.
They certainly need to learn a lesson, but I’m afraid after 2 more years of what’s happening there may be no comic back.
I agree with you.
I had a similar thought in the past, but have come to realize that the Left is a religion, and it’s Democrat party members are so indoctrinated that they will never reverse their willful blindness.
Poor choice. They WILL burn it down. In two more years they can destroy our Country. Fortunately most people aren’t willing to play out that dangerous experiment.
I think only 30% hate President Trump. We have 30% of numb nuts who have no clue.
I pray it hasn’t jumped to 50%!
How can I tell? Because other than the media and democrat politicians, no one who is on the left even talks
about President Trump. Even their lies about President Trump are not as bad as the reality of what we
are living with. My lib friends say nothing. And believe me, they are like Packer fans telling me “the
Bears suck” every chance they get. Previously, at lunch, in the middle of a conversation about something
entirely different, one of them would pop up with a question: “What do you think about Trump (never
President Trump) doing such and such”…..ha, ha! I would reem them with facts while trying to not
blurt out the words, “how freaking stupid are you to believe this nonsense?”
Now they say nothing.
Yup, I was just in a ladies house yesterday. Nice family, son was doing very well. Her 2,500 sq ft house was too small and she told me she was looking at a $1.8 million dollar house. CNN was on and her neighbor came over, the two of them started talking about how they feel bad for Melanie. Neither me nor the person house I was at with the appointment were wearing masks. The neighbor wore hers because her mom, who she lived with, was still scared of Covid – she was so programmed that she just wore it.
Both were black. Very nice people and the homeowner had very similar interests to mine. I don’t bring up politics with customers, but that’s the only area we would disagree. Like I said, the family was very well off. She has a good pension and SSI. Her son is crushing it. Her daughter was living with her and she has a good job.
It’s literally the TV that is holding these people (libs with CNN and CONservatives with Fox) back. They believe what they hear because that’s the “news”.
Breaking hold of the news is what needs to be done. People don’t know who the politicians are, they just knows what the super smart news people say and tell them what’s going on.
Does this nice black lady still screech about “muh systemic racisms”?
I don’t think so, I’ve been in quite a few homes lately with signs that day “No mask, no entry” and I’ve yet to wear one or be ask to wear one.
I did notice with one couple, they got a call from a fellow church member and they stated “we’re outside with a gentlemen’s right now and I’ll call you back”: we were not outside, we were inside the home. I truly believe all the signs and mask wearing, being scared of Covid is Groupthink. They want to fit in with what their people are doing and a lot of it comes from church: don’t discount the AME church’s influence on other churches in the black community.
The couple last night, I was in their home and neither the husband nor I wore a mask. The wife put one on and kept it on. We had a great time, joking and laughing talking about life.
There’s a reason the polling place at the historically black college that a significant number of homes (most of them) in the area are black owned had voted 96% for Hillary in 2016: group think.
If “conservatives” (I don’t know what the right word to describe MAGA freedom loving people is) can make inroads into the black community and break the group think mentality, then democrats will never win another election.
I’ve been in many black family homes in the Huntsville, Birmingham, Montgomery and Atlanta areas in the past few months. I’ve always been treated very well and have been welcomed in – most conversations that skirt politics show everyone wants the same thing: be left alone by government, keep more money in their pocket (less taxes) and go back to the abundance in the economy pre-2020.
The media has control of the narrative, period. (In the black community) And the churches reinforce that narrative.
When I accidently discovered CTH, I realized my eyes had only been half open. I consider myself politically ‘awake’ now. The gaslighting works – that’s why they keep doing it.
Dang I just replied 30%, as well. Spot on.
Then maybe it’s time news stations, broadcast equipment, MSM HQ’s become targets.
At some point the fight will become real. We are at war with our overlords. At some point that sort of action becomes justifiable and not criminal.
They can.
Its just they will be living in mud huts and scratching in the dirt with a stick for a living.
“Ask me why this era of great economic pretending is underway, and I have no answer.”
I do: TDS. Still the most deadly virus on the planet, still infecting trillions and trillions of previously functioning (somewhat) braincells, still the only foolproof explanation for everything from Covid1984 to The Crime of the Century.
By refusing to acknowledge President Trump as a force for Good, for Prosperity and Peace, they force themselves into denying Reality itself – rational thinking, from money to sex to war to science to political power, has been cast into a maggot-filled garbage bag and tied shut with a TDS knot. There is no hope for reasoning with people who’ve sacrificed their very ability to think on the dark altar of MAGA hatred. And the proof of that is their demand that we remain silent and allow them to rule – or else.
I think TDS while real, is a created mindset intentionally promoted and fostered because it hides the globalist (WEF) agenda. The difference in PDT’s America First economy and the globalists one world government agenda fostered by Wall Street & multi-nationals including the global banks can’t grow into total global control with PDT setting economic policy of the US. Main Street economics is 100% opposite of the globalist’s economy. Blaming Trump is actually blaming the 80 million Americans who support him and stand in the way of those who seek global domination.
It’s FAR DEEPER than THAT – They are Literally fighting the One True Living God, for their Master’s sake, even worse than they are fighting Trump. The devil sees this as a CHANCE to destroy many of God’s current Biblical Goals for THIS generation, and to propel himself into ownership of the world for MORE than just a mere 7 Years of Tribulation, which is NOT YET DUE.
The Human trafficking which somehow yet “cloaks” the human sacrifice under the shrouds of slavery and prostitution, disguises for Polite Societies how deeply the other Parts of this world are worshiping a different “god” with ALL they have and all that they are.
No mistake that people of the sort as Jeffrey Epstein, Ghislaine Maxwell, and Hunter Biden are the ultra managers of the Underbelly of the Globalists.
Lucifer’s Frenzy is ever mounting, though he was utterly defeated before the creation of the Garden of Eden and Adam and Eve.
How true. Just get a good explanation of Jeremiah, Ezekiel, and Revelation prophecies. God’s plan is unstoppable and the Destroyer is now insane because it knows it’s out of time and its destruction is on the way. It wants to take as many people as it can. Fixing the problem is to increase the number of Christ’s followers. Not church goers but true born again converts to Christ.
I have started a study of Lamentations. The book is entirely a sorrowful acceptance of the state in which the nation found itself as it is under God’s judgment. It sounds a lot like today.
The depth and immensity of this expands. The attack on the family where parents are denied authority and children mutilated. Men are denounced as toxic, and there is a commitment to expunge masculinity itself. Drugs are proliferated. There is no thing known as sin from which one must be redeemed, but only addictions that can be treated and accepted as normal.
Believe that we could go on listing yet ever more issues.
“Men have forgotten God; that’s why all this has happened.” — Alexander Solzhenitsyn
The grey countries keep looking more and more appealing for retirement.
Right?!
But which of the grey countries is the best for retirement?
There are nice places to live in south of the Rio Grande. Mendoza, Argentina is really nice.
Brasil is a gorgeous country and has been entering some real prosperity, which will keep on track if Bolsonaro is re-elected. I lived there for a few years a couple decades back.
Several houses for rent in the gated community where I live here in SE Asia ( Thailand ).
The one across the street, ( 3 br 2 bath, covered parking, AC ), is $300 – $350 a month and that includes the association fees, and we’re in a fairly up-scale neighborhood, very safe, armed security, people walk around and chat visit with neighbors.
Total expenses for the month would only be around $800 since there’s a morning/evening fresh market every day ( all organic ), fresh food is pretty cheap, processed food is not though.
Hot/Rainy season is all but over now, so electricity is only about $30 a month, won’t get really hot/humid/rainy again for another 6 months or so.
We have one guy from the UK and another from the US living here already and two more people from the US already talked to my wife about relocating.
They were saying the same thing everyone here has been posting over the past year in terms of cost of living and inflation.
I’ve always hesitated to retire abroad because…..what’s to stop a band of gorillas from invading your home in the middle of the night and ousting you, taking everything you have?? But then I think–what’s to stop the FBI from raiding my home, simply because I’m a vocal Trump supporter??
But there are other issues; clean water for one. But……the price is right., all the best.
Don’t eat the shrimp.
“Ask me why this era of great economic pretending is underway, and I have no answer.”
Perhaps they fear for their jobs — or worse.
The guillotine needs exercise…
Well, here’s my opinion ’bout all this pontificating. The demonicrats and all the puppets have a bad feeling concerning November. These guys are big on insurance policies. So, knowing what they know, the economy has dug a hole in the bottom of the tank, and they are get skunked and lose control, they need to paint the narrative that all the woes are because of muh Trump. They are going to blame Trump, MAGA, “Christian nationalist”, for everything they have done. Once November comes and we win, the demonicrats are going to go haywire. They know their goose is cooked and they will go further insane. They are setting the stage. Pray up.
They would do that anyway – it’s the M.O. of their cult and paganism.
It would be impossible for there to be a recession in 2022.
New Congressman and Senators aren’t officially sworn in until January 2023.
The recession exists. It is the blame that starts in November. Low info people don’t know that recently elected politicians have no power yet. They will be told it is their fault and it will be believed.
This seesaw in policy is untenable. We will teeter uncertainly based on political winds & fortunes between traditional energy and green nonsense.
This is nuts.
The oil producers have all gone to the BRICs to produce. That’s what they do, they go where there is oil people want out of the ground.
Why would they ever return to a country that periodically “elects” green zombies who put them out of business?
My guess is that it’s lights out here. Nobody in business plays this game. Nobody.
The Demsheviks broke it beyond repair with their childish foolishness.
People are stupid. They believe what they are told.
Case in point – My mask protects you; your mask protects me.
The great pretending is just telling people what to think – Just like Mika said.
Get vakshinated to protect Gramma.
I’m granmma, don’t blame me! I never took the shot or believed the propaganda, just seemed too preposterous to believe & it was!
So the big question, I think, is what to do about a world that is increasingly unstable and absurd?
And I mean to the point that reality is outright denied, as it is depicted here in this article.
What the youth today are being taught about life, dishonesty, immorality, will lead not only to their individual collapse as they age, but I’m highly concerned it may lead to the extinction of what this Nation was.
The outright inability to mentally and emotionally cope with the least degree criticism, the massive lack of problem solving, the obstinate persistence in making and continuing a lie irregardless of facts and evidence, I don’t believe we’ve ever seen such a things as this.
Add in the utter immorality, the failure of holding any standards whatsoever, and the need for instant gratification and lack of accountability for consequences (see abortion on demand).
I just don’t know. I’m concerned the diseased condition infected all of the major organs of our society. I’d like to be wrong, but when studying the Latter Days, I not only think I’m correct, I’m alarmed at what is ahead.
Until parents take the phones away and monitor the internet usage of their children as parents are duty bound to do, this b.s. continues. Letting preteens on TikTok etc. has ruined them. It’s all Chinese propaganda. In China, TikTok is not full of woketards and freaks.
I see you’ve met my niece and nephew.
I’m just greatful I was able to purchase a solar toaster before the shelves are empty. I’m now applying for a tax break and I suggest you follow my lead. Nothing says it better than righting the economy with energy incentives,tax breaks and using less conventional fuels. Only a small adjustment was required, no toast after the sun sets.
You’ll love rainy days too, it’ll take forever to get brown.
I am looking for the solar Coffee Machine but the seem to be all sold out.
No, you simply plug the “Morning Joe” machine into your EV plug after your overnight car charge. Your coffee will be ready in 4 to 9 hours, depending on the size of the pot and whether or not your water froze overnight. Of course, all of this is dependent on the fact that neither your car batteries nor your charger caught fire overnight. In the event of fire, simply put some coffee in a filter, tie it with a rubber band or twist tie, drop it in your cup with water and put your cup on the embers. You’ll have your cup of Joking Joe in about 20 minutes!
Solar coffee is easy. It is the way I make mine. One problem is you have to put on a pot the day before you might need coffee. (Cold brew is pretty good but it is not for the impatient.)
Cold brew is rocket fuel.
It does not upset my digestion as much either.
Bankers and media types are not overly affected by rampant inflation… added to which no one dares to speak truth as they want to keep their employment
That’s why we get Alice in Wonderland articles… Ignore the projected expected of 1 world underlings
Focus on Christ
“Focus on Christ”
Ahhhhhh. Comforting, wise, perfect advice.
Thanks David. ✝️
This is like trying to get a straight answer from the meth freak family member who stopped by to do laundry and stole your kids piggy bank.
What will awaken these sleeping fools as their “big ideas” take hold? Maybe the fact they they too can’t get food? Or, perhaps, the plumbers who refuse to plumb, the truckers who refuse to truck, the builders who refuse to build, the house cleaners who refuse to clean? Oh, right, that’s what the illegals are here for…to “do the jobs Americans won’t do.” They think they have all of their bases covered, but God has a vote too.
Indeed He does, Deb, may we be somehow worthy of His grace.
Amen, Maquis!
No, let’s NOT try to be “worthy of His grace.” Let’s admit that there’s no way we can EVER be worthy, and then let’s turn to the One who IS worthy and say, “I humbly accept Your free gift of salvation!”
I’ve wondered where these clowns will eat, as well. And you are absolutely correct, these critters can’t do anything for themselves, the Elites are entirely dependent on we the lower classes for their posh existence.
Depression is the new Recession.
They won’t call it a Recession until this is much much worse than even our grandparents would have known.
I don’t believe it will take decades, I don’t believe we will even have years of this destruction before China makes its move.
Build Back Better really means Take Down Easy.
The USG are going to skip the recession altogether go right into hyper-inflation blaming Trump while the US flames out or they do.
Transitory to permanent reality.
Just a rudderless ship, can it be turned around or is it too late?
Many AF candidates give me hope but once they get to DC they will be consumed by the blob I am afraid.
Think Tea Party, Rubio, Jordan, Cruz etc.
Can not keep this current leadership they are the problem.
US Bloc governments, central banks, and tech-media are all on the same Team*.
We are experiencing their balanced approach to bringing the US Bloc down while raising the BRICS+ Bloc.
Economically, both supply and demand side are being throttled. Balanced approach.
Multiple other actions are also underway to simultaneously bring the US Bloc down while raising the BRICS+ Bloc. Balanced, comprehensive.
(* The Team includes all of the west – the US Bloc, plus Eurasia and the BRICS+ Bloc, AND the globalists (WEF). All in power are corrupted by the CCP because all now depend on China. Key players, like the bidens, are directly corrupted and controlled by CCP. All supporting China on the managed decline of the US Bloc. Who is not on the Team? The exploited commoners.)
People are finally starting to wake up. Dr. Robert Malone yesterday:
https://rwmalonemd.substack.com/p/the-ccp
If you consider the New York Times, Washington Post, Wall Street Journal and Babylon Bee, the Bee is looking like the most factual reporting paper of record in the country!
The “news” section of the WSJ, where this article appeared, is run by Murdochs’ leftist children. The Opinion Section is all that is left of the WSJ we grew up with. All “news” articles are slanted towards the NYT and WAPO.
And the opinion pages aren’t great. Bush style Rino, America last conservatism. I’ve subscribed for over 30 years and the quality of that paper has dropped dramatically in recent years. It never once said that two consecutive quarters of negative growth aren’t a recession. Until now.
They’re gaslighting the public so they can blame the recession on the new republican congress.
I’m no economist, but I think PDJT was holding this off as long as he could, and it was just a matter of time.
Rates had to go up at some point.
The other stuff, yeah PDJT would’ve avoided war and gas costs,
but the fundamentals of zero rates couldn’t last forever.
Silver lining?
Biden gets ALL the blame.
“Ignore current reality and ponder possibility of a recession in 2023”
Democrats are expecting to lose the midterms. There will only be a “recession” once the GOP are in the majority.
“Ask me why this era of great economic pretending is underway, and I have no answer.”
ANSWER: a mid-term election is weeks away.
The UniParty MSM will lie, cheat, and steal to get Democrats elected, and keep President Trump at bay.
Rush always said Obama was there to “manage our decline”.
Rush also said we must utterly DESTROY the Democrats by such large margins that they will implode upon themselves! He was NOT wrong on either count! We certainly could use him today, he left a large hole!
Just like their world war reddit…
They are pursuing a perception policy across the board.
They can’t hide inflation. Anyone who works for a living and shops at the grocery can see how prices have skyrocketed. I suspect that the reason the legacy media don’t utter the R word is because of the midterms and the senate is still up in the air. They talk about can the FED create a soft landing but still no mention of the R word. Has recession been redefined and no one knows. Sundance is on target with this analogy. It’s all about advancing the agenda. They are all in on it. I suspect when we are in a depression they will finally admit we’re in a recession.
There’s also shrinkflation. Have you noticed the same packaging but less in the package.
Examples: I buy the usual pack of 6 pita breads in a bag. When at dinner I noticed that there only 5 pitas. It was listed as 5 each on the package.
At Sam’s Club bakery the package of the usual dozen muffins, had only 9 muffins, rolling around in a box made for 12 muffins.
Costco’s famed hot dog & fountain drink is still $1.50, but now the long hot dog is now in a regular hot dog bun, no sauerkraut offered, and instead of being wrapped in the waxed paper foil wrap, it’s put unwrapped in a brown paper lunch sack. So saving Pennie’s on the short bun, sauerkraut, and wrapping.
Check your packaging and see the shrinflation.
Sodas in plastic bottles used to all be 20 oz., 592 ml. Now, the ones you buy in the grocery store are 16.9 oz., exactly 500 ml. Moving us to metric whether we want it or not and charging as if we were still on imperial. Grrr.
They know most Americans cannot calculate metrics & so this is a way to fool us again!
Has anyone noticed how the churches are heavily emphasizing the need to give to the church these days?
It appears church leadership is trying to forestall the pincer of rising costs and declining donations, both resulting from inflation.
Maybe we are on the cusp of a return to a simpler and more austere Christian church, as it was in the first century.
Humm. I don’t know. My parish tore down a perfectly functioning church to build a new one (The pastor made sure only Simps on the study committee) The craze of the fund raising is borderline cultism and idolatry.
It was that exact type of wasting money that drove me from a couple of churches. For years I pondered the “Stewardship” of my tithe. While we’re supposed to support our local body, I was always weighing the return on investment from giving to the local church or world wide evangelism. My take was the church in America was fat slow and lazy, why if I’m called to be a good Stewart of God’s money shouldn’t I direct it to where there is a far better eternal return on that investment
This should not be surprising to anyone with even a small amount of money to invest.
These people in the financial industry are the same people who develop guidelines on how investment advisors interact with clients .
Everything they advise is self serving CYAss. Bull shit.
They advise you with the companies interest in mind all day long.
This gaslighting is for the lemmings who support the leftist agenda. It really is not about financial markets.
It is about the marketplace for brain dead fools.
The other day I was in a restaurant and old fool was telling his stupid friend how all of today’s
Economic woes date back to when Reagan taxed SSI.
Naturally their conversation was loud and directed at everyone else in the place.
This guy has been blaming Reagan for all his problems for the last forty two years.
Does anyone actually think fools like these two could every make a decision based on facts.
They are who all this misinformation is intended for.
When an industry is controlled by Evil men who have no self respect it has will soon be corrupted.
Men who have self respect with financial backgrounds and educations could never put forth such nonsense.
This is the state of the Times we live in.
TOTALLY CORRUPTED.
DIVIDE AND CONQUER.
Of course, most of 2022 has been a recessionary period. I think the economists hope that 2023 will be no worse – and they clearly fear depression. The entirety of the bidenite administration is a disaster and America will feel the impact for decades even if a recovery miracle happens 2023. This destruction of America has been in the works for quite sometime – the New World Order started with Bush 1 and accelerated under every subsequent president with Trump being the exception.
Sundance writes that energy use AND PRICES will drop with less use. The Saudis beat Joe to the punch there; they’ll lower production to match less demand. Death spiral.
The WSJ, like the NYT and WaPo, lost much of it’s credibility a long time ago. What your really describing is something akin to the ‘suburban Karen’ phenomenon – people only acting on ideology much like a pagan religion. Look at how during covidstan the suburban Karens lined up with glee to offer their young children up to Moloch for the clot shot. We need to recognize that a substantial portion of the population, largely Democrats, has essentially been brainwashed – they believe and want government control over their lives, they believe there are many others that can pay their bills (like their student loans).
Time for MAGA to throw an enormous monkey wrench into the socialist and WEF agenda.
Well, they are close! 2023 is approximately only ten weeks away! LOL
By now, we should all know they have to keep the appearance of the economy thriving until at least
after the Nov. 8 elections and the counting of votes for weeks afterwards.
Ignore the prices at the grocery store. Ignore the $5.00/gal gas. Ignore your doubled heating
bills. etc.
According to which voting machines?
It is a simple matter of speaking things into and out of existence. They spoke the current racial strife into existence. Now, they are working very hard to deny reality by speaking recession out of existence, but reserving the right to speak the prediction into existence.
Narrative. Remember the change of language that has occurred over the past ten years. It is no longer thoughts, policy, or reality. Everything is viewed through a narrative. This is perhaps the most corrosive word in our language today, as it calls for all people to suspend their intellectual faculties and engage in a novelistic approach to the world. We are living in a story being written by power, corruption, deceit, and tyranny.
This reminds me of a novel I read on Kindle a while ago. The Hand of Destiny. People with a talent for it could write a future that was favorable unless thwarted by others who “wrote it first.” Very interesting comment “We are living in a story being written by power, corruption, deceit, and tyranny.” I wonder if we had our own A1st “techne” to write a favorable future for us if things would turn out better?
Or as Oleg Atbashian over at the Peoples Cube calls it “ The current truth”
Anyone with a subscription to WSJ, should drop it on this idiocy and dishonesty. They have zero credibility at this point.
Part of it is the coverup of the great reset/transition to lower standard of living for the plebes, but many of these economists are doing this because they are so narrow in their thinking they think they are propping up the Biden administration.
Basically, they are partisan hacks.
Anything absurdity from the enemy MSM is fraud as Sundance exposes chapter & verse on a daily basis.
The only entity not in recession are swamp rats and their corrupt systems in the swamps. This is why these hapless fools write such tripe and try to sell their false reality to the masses, kinda like: “Don’t piss down my back and tell me it’s raining”.
“This has been the discussion at the World Economic Forum (WEF), as the instructions were passed out.” Money line that tells you all you need to know. They have a plan and it doesn’t include you and me.
“Ultra” – MAGA again.
What an apt reference, Through the Looking Glass…
“When I use a word,” Humpty Dumpty said, in a rather scornful tone, “it means just what I choose it to mean- -neither more nor less.”
“The question is,” Alice, “whether you can make words mean so many different things.”
“The question is,” said Humpty Dumpty, “which is to be the master – -that’s all.”
And there we have it. I’ve never seen a world descend into madness…and every day, in every way, it seems to escalate. As horrible as this recession is right now, I suspect after the midterms, there will be no amount of pretending possible to cover for worse.
We are now bid come, draw up a chair, and join in with the lunatics sitting around the table at the Mad Hatter’s tea party. I, for my part, will continue to crawl around on the floor in the dark, trying to find the plug to pull out to make this full blown lunacy stop. I’m not sure there is one.
No. But there is a sword in the corner, if we are willing to wield it.
There’s a metaphor in your words there, AG.
I am not sure he meant it metaphorically.
He didn’t…I chose to see it two ways.
Just another small item for Dems to check off to blame Republicans for if/when Republicans regain control of the House and/or Senate
Count on it…
“Ask me why this era of great economic pretending is underway, and I have no answer. The intellectual dishonesty is beyond my comprehension.”
Putin put it well. We live in an empire of lies.
This agenda item was pushed over the last couple days on the major networks, which we skim with highly skeptical binoculars, of course!
“Economists say a recession might be coming.”
“Is a recession possible in 2023?”
“What is the B…n administration doing to prevent a recession?”
My favorite was an interview with some Economics professor: “A recession happens every 7 to 10 years, so…blah-blah-blah.”
Mrs. Ausonius reacted: “Oh, well, so every 7 to 10 years, it’s just what happens, nobody is to blame!” 😉
Except…oh, right, letting The Manchurian Marionette pulling the plug on most domestic energy production, isn’t that involved, maybe, somehow?
Do you remember the Dutch MP saying, “Welcome to 2030. I own nothing, have no privacy, and life has never been better?”
How to do that in 10 steps:
crazy eye!
Sundance,
I have not seen a single comment that brings up the very real and practical reason why the economy lie is continuing. This is Econ 101. If you admit or announce that your economy is not doing well, then you ensure that things get much worse because now you are causing investor panic. Mexico made this mistake when it announced that the peso was going to be devalued decades ago. Instead of the peso beginning to devalue upon the announcement, it tanked immediately because markets reacted to the news as soon as it was made official. For this reason I have never had an issue about economic lying. My issue is when there is no actual effort to solve these problems WHILE they are lying to lessen the blow.
It depends upon the premise of one’s analysis. Regardless, Econ 101 is out the window.
I might presume that our government, corporations, Wall Street and central bank are genuinely interested in correcting an economy downturn caused by series of missteps, malfeasance or unfortunate world events.
Or, I might presume that our government, corporations, Wall Street and central bank are aligned in the creation of a controlled collapse of America’s economy as we knew it. A great reset, if you will.
Never let a good crisis go to waste, create one where necessary.
I’ll go with presumption B, but I’ll also go with this . . . “but GOD”!
PDJT fought it all he could. His policies staved this off
When he walked out of the WH, the crap hit the fan.
And now Biden gets to own it.
“Ask me why this era of great economic pretending is underway, and I have no answer. “
I’ll share my answer Sundance. Propaganda and money pumping/printing.
The poor are getting poorer.
The middle class can hang in there a little longer.
The new woke “professional class” is being pumped up.
The rich are skimming off the top.
The illegals are propping up the eroding skills and labor base.
The media runs the narrative to disguise the coming reset.
Just my backseat assessment from a good part of 4 months on the backroads of America, with downtime in a cross section of rural, urban and suburban layovers.
Those most impacted are slipping silently into the welfare/drug net – they have no voice and are paid no attention by the media propaganda machine.Some on the edge are getting by on credit cards and refinancing.Some are cutting back or eliminating savings, delaying purchases, selling homes/farms/land, or, closing small business and taking a wage.A surprisingly large number of people are not affected and look at me cross-eyed when I mention the dangerous inflation. “Sure prices are higher at Whole Foods – but so what, we make plenty of money”. I saw this in the “urban corridors” and the “new downtowns” where the money is being pumped via massive government spending, high density infrastructure, “green projects” and multinational corporate expansion.-
Driving from dying farm/ranch/manufacturing areas into teeming urban/semiurban decadence in the span of a day, I gotta wonder what is going on
I still passively watch Fox News due to wife periodically having control of the remote.
The on air staff is quite obviously under orders not to mention anything regarding the overwhelming evidence of the stolen election or the fact that we’re in recession….even Stuart Varney plays it down.
Last evening Jessie Watters did a quick spot on the Philadelphia Eagles and not a peep about Dr. Jill getting booed (my son was at the game and said they booed the hell out of her).
As expected,. Fox News is on the air to provide an illusion of choice in propaganda.
What dissenting financial analysts must do, and some do every day is to challenge, expose, and provide facts to show that what they are saying is absolute BS. Such as Steve Cortes and Dr. Navarro on the Warroom as well as others. Their lies and deception cannot go unchallenged. The good news is that the great awakening is taking place and the vast majority of Americans and people worldwide can now see them for what they are liars, connivers, evil deceivers. They will soon only fool themselves as no one will buy what they are desperately selling. Much could be done with a MAGA majority in both houses to stop and hold accountable to the extent possible the evil doers. Loud voices and the presentation of facts of what they, the democrats have done will not go unnoticed. Then the big Kahuna will take the helm in 2024 and they will get their comeuppance. And last but in reality first, let us not forget that GOD is moving on this, and HIS HAND will thwart this demonic evil that has engulfed our nation and the world. HE has said so through Scripture and His prophets. Amen and Amen.
Isn’t the fate of God’s people well documented when we embrace the very evil we were warned to avoid.
The Bible and its prophets tell much about man’s devolving drive to live under a benevolent king yet we keep looking to a king and his court in Washington for a solution.
America was founded on self-governance and the principle of extreme limitation of central power. Yet we now live under the modern equivalence of Saul or Solomon – looking for the next King of DC to save us.
Our return to freedom lies in our city, county and state. Other than collapse, nullification of the absolute power held by the kingdom of Washington is the only path for freemen.
Just a thought:
are you sure it’s the bankers following the policy makers? I think it’s the policy makers (in Congress and other countries’ legislature AND corporations)who are doing the bidding of the bankers= puppets 1.) the bankers rule the world; 2.) Have exhausted this round of their fiat (out of thin air)currencies; 3.) and are now in the process of implementing their digital [fiat-out of thin air) currency along with the ww authoritarianism that goes along with that and their trans humanist [operating system injections-aka digital identities/finance/passports/micromanagement of whatever population is left]
Rev 13. (Pope:false prophet in this scenario-but whole ‘nuther subject-but not really)
But who am I to try and figure this out? You are wiser than I.
Governments are instituting credit guarantees to industries and countries. That allows for an increase in money outside of the central banks – $400 billion for more windmills and solar panels, $52 billion for computer chip industry. Micron of Boise just announced they will build a $100 billion complex near Syracuse, NY paid for by this bill and huge tax incentives from the State of NY.
Central Banks are along for the ride – all over the world. Fiscal Policy is king and fiscal policy is creating money outside of the FED and the banking system. Central Banks are now powerless to stop this. The Central Banks are now the enablers of legislatures and the executive branch.
The world has changed. Stop the focus on the FED. That is yesterday.
The ball must be kicked beyond Fall elections.
The only explanation is that the GOVERNMENTS of the G7 Nations have decided the only way to compete with a China Inc. lead BRICS is to transition into the mirror image of CHINA INC. and the other totalitarian Governments that compose BRICS.
China Inc. is NOT a national economy, it is a Global Wall Street BUSINESS. The concerns of a Business do not include the Main Street Economic concerns of its CUSTOMERS. Citizens of EVERY Nation are nothing more than CUSTOMERS to the Wall Street Barons. The Business Model of these people is GLOBAL.
That is the basic reason the use of Citizen Welfare and “Old Fashioned” national economic metrics is NO LONGER Valid. Governments are evolving to be part of the Business Structure…legitimizing using national laws, controlling the mood of the customers, acting as executives of the store fronts. As for the media …. every Business has a marketing department or executive.
Ever notice how the Government Department of “Good Panda Face” of China Inc. and others only ever seems to appear when there is a need to sooth the natives and then its right back to “Business as Usual”.
That is the threat of MAGA …. the Main Street Economic Metrics mattered to President Trump.
Lots of great thoughts here. I think it is easy. They think the recession will be ended, carefully chosen word there, by middle of next year. Then, they will proclaim Biden brilliant because he avoided the recession. Yes, I know how ludicrous that is.
How many consecutive quarters of negative growth do we need to officially declare a recession?
By the time we do it may just be a depression. Our nation is being run by childish lunatics.
Sundance has reminded us that the definition of a recession is a fall in the GDP (gross domestic product) in two successive quarters. The GDP fell in both the first and second quarter. We are in a recession.
But who decides to call a spade a spade? The experts? Hahaha. The so called experts think we are stupid. Who are you going to believe? Do you believe the ‘experts’ or do you believe your very real experiences.
Since we are in a recession, Congress must suspend mandated age related withdrawals from 401K’s as was done because of Covid.
They always move the goal posts, it confuses many!
And the kool-aid drinkers will down gallons of it come January 2023 if GOPricks win when dems and Bull Shi!t News tell them to. And GOPricks will do nothing in defense or offense. Since they have said nothing now in offense against the dems……when they are forced into defense, their words will be shallow.