Biden’s Economy Sees Worst First Half for Stocks Since 1872

[ColonelAngus]

Worst in 150 years? Holy shit. Thats kind of impressive.

Breitbart Business Digest: Biden's Economy Sees Worst First Half for Stocks Since 1872

Due to inflation, 2022 is turning out to be the worst year for the S&P 500 since 1872, according to the chief investment strategist at Bank of America Securities.

www.breitbart.com

 

[MisterBeale]

I somehow, have the impression, that if he had done nothing at all, when he came into office, and left everything as it was, things would have been better. But if you are all aware of why he was put there in the first place? That was never the plan.

IMO? This is a controlled demolition.

The Controlled Demolition of the Economy​

The Controlled Demolition of the Economy

by James Corbett

corbettreport.substack.com

The Corbett Report
Jun 19


by James Corbett
corbettreport.com
June 19, 2022

"In case you haven't noticed, the wheels are falling off the global economy right now.

We've all started to feel the pinch of supply chain disruptions and rising energy costs and economic uncertainty and inflation—not to mention stagflation and shrinkflation and deflation—but this past week has really hammered home the extent of the crisis we are facing. It seems every single day brings with it the news of some fresh five-alarm financial fire.

The Dow is sinking. The loonie is falling. Japan is cracking. Global stocks are plunging. Eurozone inflation is spiking. The Fed is hiking. Builders are slashing. Crypto is crashing. Treasuries are tanking.

And that's just this week! As I'm sure you've seen, there have been many, many such stories circulating in the financial press in recent months, all touting similarly bleak numbers.

But it's important to keep in mind that these numbers are just that: numbers. The real question is what these numbers actually mean.

Today, let's answer that question by drilling down on the narrative behind the numbers and discover what that story tells us about the bars of the financial prison that are locking into place around us. . . .

<snip>

" . . . . It's no surprise, then, that the post-Bretton Woods era has been defined by a series of increasingly brazen attempts by the financial elite to cash in on the public's gullibility.

There was Kissinger's brokering of the petrodollar system, by which the Saudis price oil in dollars and launder those dollars back through the American financial system.

There was the Black Monday stock market crash of 1987, which led to the creation of the Plunge Protection Team, a group of high-ranking banksters and government officials that admittedly works to rig the stock market at the behest of the oligarchs.

And there was Greenspan's housing bubble in the early 2000s, which led to the Global Financial Crisis of 2008 and which was in turn papered over with a "jobless recovery" and the normalization of central bank intervention in the markets.

And now here we are at the end of the Longest Bull Run in History!!! (What Could Go Wrong???) with the wage slaves still being asked to Worship the Stock Market and pretend that it isn't commonly understood that The Markets Are Manipulated, that The Financial Press Now Admits the Markets are a Sham and that The Central Banks Have Engineered This Collapse.

. . . But the tide of the last 80 years of monetary history is turning. People are finally waking up to the fact that the emperor is indeed naked, and many are finally questioning their confidence in the system that the central bankers have created.

The (Engineered) Crisis of Confidence​

That the entire economic order is one giant confidence game will come as no surprise to my regular readers or anyone else who has been paying attention to such matters. What is surprising is that the mainstream financial press aren't even attempting to hide this fact anymore. . . . "

 

[toobfreak]

Worst in 150 years? Holy shit. Thats kind of impressive.

Damn Putin. Someone gotta do something about them damn Russians.

 

[Vastator]

Color me shocked!!!

 

[MisterBeale]

And Now . . . Climate Lockdowns! - #NewWorldNextWeek​

Interview 1734 - New World Next Week with James Evan Pilato​

Corbett • 06/24/2022

Interview 1734 – New World Next Week with James Evan Pilato | The Corbett Report

www.corbettreport.com

"This week on the New World Next Week: the controlled demolition of the economy continues apace; France introduces climate lockdowns (exactly as predicted); and trust in the dinosaur media sinks to NEW all-time lows!"


Story #1: Federal Reserve Raises Interest Rates By 0.75%, Most Since 1994, Amid Effort to Slow Inflation

Story #2: Heatwave Lockdowns Have Arrived; Region In France Bans Outdoor Gatherings & Concerts Until Officials Declare Heatwave Over

Story #3: New Reuters Survey Finds That Trust In Mainstream News Is Rapidly Declining

Climate Change Lockdowns?

Are Climate Change Lockdowns next? It is being talked about.

www.usmessageboard.com

 

[TeeDub]

Worst in 150 years? Holy shit. Thats kind of impressive.

Breitbart Business Digest: Biden's Economy Sees Worst First Half for Stocks Since 1872

Due to inflation, 2022 is turning out to be the worst year for the S&P 500 since 1872, according to the chief investment strategist at Bank of America Securities.

www.breitbart.com

And the old claims a recession is not certain, it is already here!

 

[johngaltshrugged]

I somehow, have the impression, that if he had done nothing at all, when he came into office, and left everything as it was, things would have been better. But if you are all aware of why he was put there in the first place? That was never the plan.

IMO? This is a controlled demolition.

The Controlled Demolition of the Economy​

The Controlled Demolition of the Economy

by James Corbett

corbettreport.substack.com

The Corbett Report
Jun 19


by James Corbett
corbettreport.com
June 19, 2022

"In case you haven't noticed, the wheels are falling off the global economy right now.

We've all started to feel the pinch of supply chain disruptions and rising energy costs and economic uncertainty and inflation—not to mention stagflation and shrinkflation and deflation—but this past week has really hammered home the extent of the crisis we are facing. It seems every single day brings with it the news of some fresh five-alarm financial fire.

The Dow is sinking. The loonie is falling. Japan is cracking. Global stocks are plunging. Eurozone inflation is spiking. The Fed is hiking. Builders are slashing. Crypto is crashing. Treasuries are tanking.

And that's just this week! As I'm sure you've seen, there have been many, many such stories circulating in the financial press in recent months, all touting similarly bleak numbers.

But it's important to keep in mind that these numbers are just that: numbers. The real question is what these numbers actually mean.

Today, let's answer that question by drilling down on the narrative behind the numbers and discover what that story tells us about the bars of the financial prison that are locking into place around us. . . .

<snip>

" . . . . It's no surprise, then, that the post-Bretton Woods era has been defined by a series of increasingly brazen attempts by the financial elite to cash in on the public's gullibility.

There was Kissinger's brokering of the petrodollar system, by which the Saudis price oil in dollars and launder those dollars back through the American financial system.

There was the Black Monday stock market crash of 1987, which led to the creation of the Plunge Protection Team, a group of high-ranking banksters and government officials that admittedly works to rig the stock market at the behest of the oligarchs.

And there was Greenspan's housing bubble in the early 2000s, which led to the Global Financial Crisis of 2008 and which was in turn papered over with a "jobless recovery" and the normalization of central bank intervention in the markets.

And now here we are at the end of the Longest Bull Run in History!!! (What Could Go Wrong???) with the wage slaves still being asked to Worship the Stock Market and pretend that it isn't commonly understood that The Markets Are Manipulated, that The Financial Press Now Admits the Markets are a Sham and that The Central Banks Have Engineered This Collapse.

. . . But the tide of the last 80 years of monetary history is turning. People are finally waking up to the fact that the emperor is indeed naked, and many are finally questioning their confidence in the system that the central bankers have created.

The (Engineered) Crisis of Confidence​

That the entire economic order is one giant confidence game will come as no surprise to my regular readers or anyone else who has been paying attention to such matters. What is surprising is that the mainstream financial press aren't even attempting to hide this fact anymore. . . . "

It is absolutely an engineered implosion of our country & the entire world economic system to usher in the reset.
The tell us what they are doing but still convince some that what they say isn't what they mean.
I've been saying for almost a year they were purposely crashing the systems that keep the world running.
They need the chaos to force the NWO neo-feudalism onto the useless eaters that manage to survive their plans.

 

[jwoodie]

When do a series of coincidences stop being coincidences?

 

[ColonelAngus]

Nothing to see here!

Just worry about January 6th!

 

[gipper]

It is absolutely an engineered implosion of our country & the entire world economic system to usher in the reset.
The tell us what they are doing but still convince some that what they say isn't what they mean.
I've been saying for almost a year they were purposely crashing the systems that keep the world running.
They need the chaos to force the NWO neo-feudalism onto the useless eaters that manage to survive their plans.


View attachment 665329

You might be right, though this could all backfire on the oligarchy. Maybe the guillotine will be resurrected and the oligarchs marched to their deaths.

 

[lantern2814]

They aren’t even trying to hide it anymore. Their spokesmen have admitted on national television that the new liberal world order is their top priority. To hell with the well being of the people.

 

[MisterBeale]

You might be right, though this could all backfire on the oligarchy. Maybe the guillotine will be resurrected and the oligarchs marched to their deaths.

Possibly.

Unless rumors of high-tech control, turn out to be true. And. . . if rank and file continue to deploy them on our own citizens.

They have been using it, in crude forms, since at least the late 1950's. The establishment is probably very sophisticated at it now.

I have a feeling, with the installation of 5G, rudimentary AI, and other nefarious controlling agenda, some very serious crap has been going on. . . stuff that Zbigniew Brzezinski wrote about in "Between Two Ages."

Mind Control With Silent Sounds And Super Computers

Patent Public Search | USPTO

patft.uspto.gov

THE MILITARY USE OF ELECTROMAGNETIC MICROWAVE AND MIND CONTROL TECHNOLOGY

Breaking Free From Mass Formation with Mattias Desmet​

Interview 1730 - Breaking Free From Mass Formation with Mattias Desmet​

Corbett • 05/30/2022

Interview 1730 – Breaking Free From Mass Formation with Mattias Desmet | The Corbett Report

www.corbettreport.com

"Mattias Desmet is a Professor of Clinical Psychology at Ghent University in Belgium. His theory of mass formation during the coronavirus crisis has become widely known and widely misunderstood since gaining mainstream attention. His new book, The Psychology of Totalitarianism, lays out what mass formation is, how it develops, how it leads to totalitarianism, and what we must do to change the conditions that makes these mass formation events possible."





Time Stamps: 00:00- Intro 1:22- Statistics not adding up 3:30- Psychological Dynamics 9:50- Mass formation 17:45- Something very specific can happen under these conditions 25:10- 19th century mass formation 31:55- Mentacide 37:27- Asch experiment 41:35- Dangers of our current landscape 47:42- You need mass media for mass formation 53:53- A Third Way 58:49- Mechanism of totalitarianism 1:05:10- The importance of parallel structures 113- Consequences of speaking out?

 

[gipper]

Possibly.

Unless rumors of high-tech control, turn out to be true. And. . . if rank and file continue to deploy them on our own citizens.

They have been using it, in crude forms, since at least the late 1950's. The establishment is probably very sophisticated at it now.

I have a feeling, with the installation of 5G, rudimentary AI, and other nefarious controlling agenda, some very serious crap has been going on. . . stuff that Zbigniew Brzezinski wrote about in "Between Two Ages."

Mind Control With Silent Sounds And Super Computers

Patent Public Search | USPTO

patft.uspto.gov

THE MILITARY USE OF ELECTROMAGNETIC MICROWAVE AND MIND CONTROL TECHNOLOGY

Breaking Free From Mass Formation with Mattias Desmet​

Interview 1730 - Breaking Free From Mass Formation with Mattias Desmet​

Corbett • 05/30/2022

Interview 1730 – Breaking Free From Mass Formation with Mattias Desmet | The Corbett Report

www.corbettreport.com

"Mattias Desmet is a Professor of Clinical Psychology at Ghent University in Belgium. His theory of mass formation during the coronavirus crisis has become widely known and widely misunderstood since gaining mainstream attention. His new book, The Psychology of Totalitarianism, lays out what mass formation is, how it develops, how it leads to totalitarianism, and what we must do to change the conditions that makes these mass formation events possible."





Time Stamps: 00:00- Intro 1:22- Statistics not adding up 3:30- Psychological Dynamics 9:50- Mass formation 17:45- Something very specific can happen under these conditions 25:10- 19th century mass formation 31:55- Mentacide 37:27- Asch experiment 41:35- Dangers of our current landscape 47:42- You need mass media for mass formation 53:53- A Third Way 58:49- Mechanism of totalitarianism 1:05:10- The importance of parallel structures 113- Consequences of speaking out?

Yes the forces arrayed against the people are considerable. It does appear unlikely the people will wake up. After so many lies have been exposed and the failure of policies imposed by oligarchs, one would think no American would accept their bs, but I know that‘s wrong.

 

[Sandy Shanks]

The difference is, the Biden administration did not cause inflation. The pandemic, supply shortages, full employment causing high spending, and the Russian war did.

On the other hand, the Republican Party is responsible for the turmoil in America.

The Republican Senate Intelligence Committee reaffirmed its support for the U.S. intelligence community’s conclusion that the Russian government interfered in the 2016 presidential election with the goal of putting Donald Trump in the Oval Office.
Senate Intel report confirms Russia aimed to help Trump in 2016

The Russian dictator, Vladimir Putin, wanted Donald Trump to become our President in 2016 and wanted the Republican Party to be in power. Trump appointed three judges to the Supreme Court to continue his legacy.

Putin is being rewarded handsomely. America is in turmoil. The very basis of our democracy, free elections, is under attack. Trump and the Republican Party are, of course, responsible, aided by a very conservative Supreme Court that has become so unpopular it has walled itself off from the American people.

Republicans remain silent.

We have never experienced the silence from a major party that we are experiencing now.

The Times writes, "Pressed by Supreme Court decisions diminishing rights that Americans hold dear and expanding those cherished by the right, the United States appears to be drifting apart into separate nations, with diametrically opposed social, environmental and health policies.

"Call these the Disunited States."

Thank you, Clarence Thomas, Samuel A. Alito, Jr., Neil M. Gorsuch, and Brett M. Kavanaugh. Vladimir Putin is extremely proud of you. Thanks to the President I wanted, you have accomplished in a few months what communist Russia could not accomplish in over a hundred years.

America has become a divided nation!

The responsibility lies with the Republican Party, which accounts for their total silence.

For reasons that confuse many, it is expected that the Republican Party will be rewarded for what they have done. As their leader, Trump, is being investigated for possible sedition, the Republican Party may win control of Congress in November.

How could this happen? The rural voters that dominate the Republican Party are clueless. As this thread shows, they avoid reality. They don't know, and they don't want to know.

 

[Sandy Shanks]

Putin is being rewarded handsomely. America is in turmoil. The very basis of our democracy, free elections, is under attack. Trump and the Republican Party are, of course, responsible, aided by a very conservative Supreme Court that has become so unpopular it has walled itself off from the American people.

CNN reports, "The marshal of the Supreme Court has asked Maryland and Virginia officials to direct law enforcement to enforce state and county laws prohibiting picketing outside the homes of Supreme Court justices, according to letters obtained by CNN.

"Col. Gail A Curley sent letters to Republican Gov. Larry Hogan, Republican Virginia Gov. Glenn Youngkin, Democrat Marc Elrich, the county executive of Montgomery County, and Democrat Jeffrey McKay, Fairfax County board of supervisors’ chairman.

"The letters, released by a court spokesperson on Saturday to reporters and sent as the court ended a blockbuster term which saw historic decisions on guns, abortion and climate, refer to protests that have taken place “for weeks on end."

 

[MisterBeale]

The difference is, the Biden administration did not cause inflation. The pandemic, supply shortages, full employment causing high spending, and the Russian war did.

On the other hand, the Republican Party is responsible for the turmoil in America.

The Republican Senate Intelligence Committee reaffirmed its support for the U.S. intelligence community’s conclusion that the Russian government interfered in the 2016 presidential election with the goal of putting Donald Trump in the Oval Office.
Senate Intel report confirms Russia aimed to help Trump in 2016

The Russian dictator, Vladimir Putin, wanted Donald Trump to become our President in 2016 and wanted the Republican Party to be in power. Trump appointed three judges to the Supreme Court to continue his legacy.

Putin is being rewarded handsomely. America is in turmoil. The very basis of our democracy, free elections, is under attack. Trump and the Republican Party are, of course, responsible, aided by a very conservative Supreme Court that has become so unpopular it has walled itself off from the American people.

Republicans remain silent.

We have never experienced the silence from a major party that we are experiencing now.

The Times writes, "Pressed by Supreme Court decisions diminishing rights that Americans hold dear and expanding those cherished by the right, the United States appears to be drifting apart into separate nations, with diametrically opposed social, environmental and health policies.

"Call these the Disunited States."

Thank you, Clarence Thomas, Samuel A. Alito, Jr., Neil M. Gorsuch, and Brett M. Kavanaugh. Vladimir Putin is extremely proud of you. Thanks to the President I wanted, you have accomplished in a few months what communist Russia could not accomplish in over a hundred years.

America has become a divided nation!

The responsibility lies with the Republican Party, which accounts for their total silence.

For reasons that confuse many, it is expected that the Republican Party will be rewarded for what they have done. As their leader, Trump, is being investigated for possible sedition, the Republican Party may win control of Congress in November.

How could this happen? The rural voters that dominate the Republican Party are clueless. As this thread shows, they avoid reality. They don't know, and they don't want to know.

Clearly you never took an economics class, failed, or forgot everything you learned. Both parties are destroying the nation, all the elites are responsible, it is a controlled destruction.





Just today, I read some bad news out of California. Politicians, on both sides, seem to have forgotten, what causes inflation, they only care about catering to demands of the electorate and stake holder interests, without a care about long term consequences. They either don't know a thing about economics, have forgotten it all, or don't care.


Absolute insanity. We are suffering from inflation because the government is putting too much money into the system. . . and folks are suffering. . . and?

Now? These folks that don't get it, want EVEN MORE spending, to help combat inflation? WHAT THE FUCK?

That sounds like trying to battle a flood by spraying it with water. . .

Millions in California to receive up to $1,050 in ‘inflation relief’

Some 23 million residents of California who earn less than $250,000 a year will receive a check from the state government to help ease the burden of inflation which has sent prices of key commoditi…

nypost.com

As long as NATO continues its warmonger in Europe, and continues insisting that Ukraine not sue for peace, gas prices, food prices, and inflation, will, inevitably, continue.

 

[BluesLegend]

Worst in 150 years? Holy shit. Thats kind of impressive.

Biden has redefined 'disaster'. People a show of hands, who wants 2 more years of the Biden/Dem economy? Yeah nobody.