‘The economy is going to collapse,’ says Wall Street veteran Novogratz.

And the "green" shyte started before putin rolled into the Ukraine.


The people of the u.s. are generally wasteful. The least educated/new populations litter copiously.

People like this won't change their behavior unless forced.

These are also the street crime performers, many of whom won't take the clot shot.

They know they are unwanted and expendable.

All the virtue signaling doesn't change their grasp of reality.

And the clotshot has what to do with this? Shill for big pharma?


We could stop letting so many in.


Monied types, do more of your own scut work until the tech exists/is economical.


What has happened is the destruction of the productive segments of society.


Reality does have a way of undermining all convenient and otherwise idealisms.

How does nobody see the problem??


The Inflation is external, China is passing their Inflation off on the USA

Increasing Interest will not affect inflation levels or it will make them worse.

Housing prices may drop a little, but that will not make them more affordable.
Higher interest rates will result in higher payments.


They are working the problem from the wrong end.
They should be increasing supply and productivity.
Starting with oil.

They are trying to curb demand by raising interest rates.
This may reduce demand and therefore prices on some big ticket items like homes, cars, trucks, but it will make none of those things more affordable. The price may be lower, but the payment will be higher.

The cost of necessity goods and services that are already in short supply will probably increase if those businesses need to borrow money to operate. They will pass the added cost of interest into their goods and services, especially if demand remains higher than supply.

Forcing a decrease in demand for cars, trucks, and luxury goods and services will hurt some businesses, and may cause layoffs and/or business closures, which will cause further harm to the economy.

Increasing interest rates during times of supply shortages looks really stupid.

While our government appears to be incompetent, I am starting to think the opposite may be the case.
It looks more like they want to completely destroy America in order to rebuild it as something else.

This.

Who also makes most of our stuff?

Who also is periodically shutting down because of the virus, whatever that is?

Trump said that China is the problem.

He wanted to speak witUkraine?


Was it really just protecting investments in China and the ukraine?

Get Hillary and her state dept protegees away and put some responsible adults on the job.

Just because her husband and other men exhibit piggish behavior--I wish they'd stop--
doesn't mean that any kind of virtue-signaling at all will save the day.

Powell: Fed 'not trying to induce a recession' with interest rate hikes

“We’re not trying to induce a recession now, let’s be clear about that,” Powell told reporters after the policy-setting Federal Open Market Committee raised short term rates by 0.75%.

Powell said the Fed’s goal is to depress the rapid pace of inflation closer to its 2% target, all while preserving a “strong” labor market. Forecasts released by the Fed showed confidence in the central bank’s ability to hit both marks, although economists say the task will be tough.

Projections from the Fed published Wednesday showed the median official expects interest rates will rise to 3.4% by year-end, well above the 2.5% level that many Fed officials have described as “restrictive” for economic activity.

“[G]oing faster and deeper into restrictive territory implies a greater risk of a hard landing,” ING Economics wrote Wednesday afternoon.

A “hard landing” outcome would be the opposite of forecasts from the Fed, and may look like a sharp spike in unemployment as the rapid pace of rate hikes halts economic activity.

“There’s a pathway here. It is not going to be easy,” Powell said Wednesday. He added that inflation remains the priority, noting that “clearly, people do not like inflation.”

[link to finance.yahoo.com (secure)]

Got any more of that Ukraine money?

:biden2:

Housing prices may drop a little, but that will not make them more affordable.
Higher interest rates will result in higher payments.


They are working the problem from the wrong end.
They should be increasing supply and productivity.
Starting with oil.

They are trying to curb demand by raising interest rates.
This may reduce demand and therefore prices on some big ticket items like homes, cars, trucks, but it will make none of those things more affordable. The price may be lower, but the payment will be higher.

The cost of necessity goods and services that are already in short supply will probably increase if those businesses need to borrow money to operate. They will pass the added cost of interest into their goods and services, especially if demand remains higher than supply.

Forcing a decrease in demand for cars, trucks, and luxury goods and services will hurt some businesses, and may cause layoffs and/or business closures, which will cause further harm to the economy.

Increasing interest rates during times of supply shortages looks really stupid.

While our government appears to be incompetent, I am starting to think the opposite may be the case.
It looks more like they want to completely destroy America in order to rebuild it as something else.

no its not, not even close

I could take your whole leg off at 300 yards with my AR-10

a shotgun wouldnt even hit me

How many times have we heard this before?

the USA is too BIG to fail

a recession ? Maybe

collapse?

can never happen

Powell: Fed 'not trying to induce a recession' with interest rate hikes

“We’re not trying to induce a recession now, let’s be clear about that,” Powell told reporters after the policy-setting Federal Open Market Committee raised short term rates by 0.75%.

Powell said the Fed’s goal is to depress the rapid pace of inflation closer to its 2% target, all while preserving a “strong” labor market. Forecasts released by the Fed showed confidence in the central bank’s ability to hit both marks, although economists say the task will be tough.

Projections from the Fed published Wednesday showed the median official expects interest rates will rise to 3.4% by year-end, well above the 2.5% level that many Fed officials have described as “restrictive” for economic activity.

“[G]oing faster and deeper into restrictive territory implies a greater risk of a hard landing,” ING Economics wrote Wednesday afternoon.

A “hard landing” outcome would be the opposite of forecasts from the Fed, and may look like a sharp spike in unemployment as the rapid pace of rate hikes halts economic activity.

“There’s a pathway here. It is not going to be easy,” Powell said Wednesday. He added that inflation remains the priority, noting that “clearly, people do not like inflation.”

[link to finance.yahoo.com (secure)]

Got any more of that Ukraine money?

:biden2:

Got any more of that Ukraine money?

:biden2:

Wrong

Houses worth $200k will no longer be selling for an over inflated $300k.

Prices will likely stay the same or even go down.