ALREADY PAST THE POINT OF NO RETURN - JP Morgan says the US is probably headed for a recession

We are in and have been in a recession. What a moron.
Stop reading their bs. WTF is wrong with you people?

IMO, we are already there.

$10 gallons of milk.

$8 dozen eggs.

Yea.

Depends on your definition of recession, and woman obviously. The Biden administration says this is a "rapidly expanding economy" and a woman can be a man so...

Oscar Mayer packaged deli meats at Kroger - $9.49

What's the actual breaking point currently?

Thanks for the pin

Yea, we have been in a recession. I was shaking my head and laughing as I read the statement.

Yeah, we've been in a recession since they started denying it last year.

They are underestimating what our Misky moment actually would look like.

Full on Societal collapse.
There are very few in the US who are even paying attention,. let alone prepared.

Last Edited by Black Unit on 03/22/2023 09:38 AM

Hmmm

Your fault for shopping at ultra woke Kroker. I get my deli meat from the Amish farmers market. Best smoked meat this side of the Atlantic.

Don't have an Amish farmers market here....

Only the most delusional, or uber rich libtards believe that crap.

Anyone who buys food, and is not ultra high net worth, knows Biden is spewing crap.

Last Edited by LJS on 03/22/2023 09:46 AM

Wow, brilliant, who would a thought?

wasnt why I posted it.
I posted it because the Lame Stream media is actually writing about it, which means, the conditioning pivot has started

GOD DAMN YOU DONALD TRUMP! ITS ALL YOUR FAULT!

The average person in America has seen a depression since the year 2000.

I'm just going to keep speaking sanity for all who will listen.

Imagine if the power grid failed due to a cascading failure! OMG! Cities would be gone in 3 days. Obese Americans would be on the Caveman diet.

You are right, OP, and the point is that they are finally willing to admit anything.

Orange Man Bad!

A case of can't fix stupid.

The Minsky question is interesting. If we elect another idiot, it is inevitable. If we elect a sane govt in 2024, we have a chance of impact lessening, but there will still be pain.

This all assumes we do not find ourselves in WWIII. That will alter many variables, and not for the better.

Anyone else hearing the echos of 100 years past?

You should have listened a couple of years back when God was warning everyone that they needed to move to a better location. There might still be time.

thanks captain obvious

Headed towards a recession? A box of cereal is $12, rent is $2500 a month and jobs that require 8 certificates to participate are starting at $14.50 an hour. I think we are a little past recession. Ha!

Nor here.

If you have an Amish farmers market, consider yourself blessed.

Most of us are not that fortunate, and have to shop as best we can, and avoid crap food as best we can. A veggie garden helps, but does not cover everything.

The difference this time, although banks were reckless with money -CDOs and are still reckless with money - Crypto & BTOs , those old enough to remember used the recession to become consumer debt free except their mortgage. Not only that, if you’ve gotten a mortgage recently or the past few years, banks have been requiring the buyer to have reserves of $25K-$50K after closing.

Entities are depending on student loan debt. Except majority of Gen Z is turning down college pursuits because they don’t want the debt or wasted time. Especially since they can barely afford to purchase a car. College enrollment is down. With inflation, it started first with food, gas, vehicles l,
then real estate market, rentals, property taxes, insurance,
and now it’s reached utilities. Let’s not forget majority of work now offered is part-time only with no benefits making it look like employment is up when the vast majority are underpaid and underemployed.

We’re not headed for a recession. We’re in hyperinflation.

recession worst depression in us history

Yes, and we've been in a recession for over a year now. But TPTB have been trying to gaslight us into thinking it's not as bad as it is.

If they're now saying we're "heading for a recession," we're actually on our way to a depression, if not a complete economic collapse.