Fanny Mae... Recession risk likely by the end of 2023...

Missourian

Diamond Member
Aug 30, 2008
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"We expect the continued tightening of credit conditions, slowing bank lending and shrinking money supply will eventually lead to a downward turn in business investment and hiring, eventually leading consumers to pull back on spending, coinciding with a recession," the ESR Group said in its report.

In fact, these economists said consumer spending has been unsustainable. Since January 2020, real personal consumption has increased 8.5%, while real disposable personal income has increased by only 2.7%, the ESR Group reported.




Be prepared.

The Federal Government is dancin', but they want you to pay the band.

This is obviously not Biden and the Democrats fault. The Biden economy is booming... Just ask the bias, gaslighting mainstream media.
 
"We expect the continued tightening of credit conditions, slowing bank lending and shrinking money supply will eventually lead to a downward turn in business investment and hiring, eventually leading consumers to pull back on spending, coinciding with a recession," the ESR Group said in its report.

In fact, these economists said consumer spending has been unsustainable. Since January 2020, real personal consumption has increased 8.5%, while real disposable personal income has increased by only 2.7%, the ESR Group reported.




Be prepared.

The Federal Government is dancin', but they want you to pay the band.

This is obviously not Biden and the Democrats fault. The Biden economy is booming... Just ask the bias, gaslighting mainstream media.
Don't worry. It's only transitory. And, Biden's currently on a tour telling us how great things are.
 
"We expect the continued tightening of credit conditions, slowing bank lending and shrinking money supply will eventually lead to a downward turn in business investment and hiring, eventually leading consumers to pull back on spending, coinciding with a recession," the ESR Group said in its report.

In fact, these economists said consumer spending has been unsustainable. Since January 2020, real personal consumption has increased 8.5%, while real disposable personal income has increased by only 2.7%, the ESR Group reported.




Be prepared.

The Federal Government is dancin', but they want you to pay the band.

This is obviously not Biden and the Democrats fault. The Biden economy is booming... Just ask the bias, gaslighting mainstream media.
It's inevitable. Bidenomics was doomed to fail the very moment he took over as the fake "President."
 
This is like the weatherman that predicts rain every single day, eventually they will be right.
 

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