Resnic
Diamond Member
- May 2, 2021
- 12,133
- 14,122
- 2,288
Mega maga according to Biden will crash the economy next year.
I have no doubt the fed is holding up everything right now. And as a lot of you know I've been saying for months if the democrats lose big next month in midterms they very well might let it all crash and scream "republicans ruined the economy. Look as soon as they took over our economy and stocks crashed. It's all republicans and maga". Well, now Joe Biden is preparing for that by saying republicans will crash the economy next year and mega maga is to blame for it.
Now let's all be clear. Our economy is in the shitter right now. The fed is buying bonds, the plunge protection team brings the dow back everytime it falls, the yield curve for bonds is inverted so 2 year bonds generate more return than a 10 year, and so on. The economy and inflation won't magically just vanish as soon as republicans win next month, IF it can all be fixed it's going to take a long time.
I'm kind of worried the current administration will put on the suicide vest next if they lose big and pull the detonator cord just so they can blame it on republicans.
I have no doubt the fed is holding up everything right now. And as a lot of you know I've been saying for months if the democrats lose big next month in midterms they very well might let it all crash and scream "republicans ruined the economy. Look as soon as they took over our economy and stocks crashed. It's all republicans and maga". Well, now Joe Biden is preparing for that by saying republicans will crash the economy next year and mega maga is to blame for it.
Now let's all be clear. Our economy is in the shitter right now. The fed is buying bonds, the plunge protection team brings the dow back everytime it falls, the yield curve for bonds is inverted so 2 year bonds generate more return than a 10 year, and so on. The economy and inflation won't magically just vanish as soon as republicans win next month, IF it can all be fixed it's going to take a long time.
I'm kind of worried the current administration will put on the suicide vest next if they lose big and pull the detonator cord just so they can blame it on republicans.