EZ_money
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they say it's supply and demand which is actually a sign of global economic slowdown. Russia is headed for recession, China had negative GDP QoQ, US jobs propped up by government jobs not the kind of growth you want ..... unemployment numbers will spike up, that's also a false reading they don't count for the people who just quit the job hunting all around, or people who used up their unemployment benefits, so in reality that number is much higher
EZ_money
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to only count new unemployment benefits applications as unemployment numbers seem to be a con used to Feds advantage. again, Jerome Powell main job is to ensure to the public that the banking system and economy is strong and there is nothing to worry about they have it under control.... even when they don't have a clue. the main purpose right now is to avoid runs on deposits in banks that are suffering from commercial real estate loan losses because it's those deposits that are the only thing keeping them from closing the doors. this is why i been warning people to research your bank and find out if it's one of the 200 banks that the feds admitted to being in trouble. it's more than 200 btw. get your money out because they passed a law that allows banks to use deposited money without the people's consent. they can take your money if the bank is in trouble to keep them from closing the doors it's called a bail-in
Censorship here
EZ_money
:
I’m calling for 100 year anniversary of the Great Depression. 2029 will kick off a depression until then the government will powder coat everything and try to print their way out of it but will fail in the end making the depression happen. Don’t underestimate how long they can drag it out before the collapse
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