Markets Crash After Inflation Rate Comes in Hot, Core CPI Surges to 6.6% the Highest Rate Since 1982, Real Wages Declined for Record 18 Months

johngaltshrugged

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Oct 15, 2020
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Maybe Joe will come out again & tell us how there is no inflation, recession or supply chain crises so his minions have something to comfort them.

The economic numbers are atrocious & this is while they fudge the true numbers.
It may look real bad now but it will get much worse as the EU implodes & real shortages hit everywhere.
This is all by design & if you haven't realized that yet, you have no idea what is coming down the pipe.
"2 weeks to stop the spread" was really about a few years to crash the world.

At least we still have WWIII to look forward too



 
Maybe Joe will come out again & tell us how there is no inflation, recession or supply chain crises so his minions have something to comfort them.

The economic numbers are atrocious & this is while they fudge the true numbers.
It may look real bad now but it will get much worse as the EU implodes & real shortages hit everywhere.
This is all by design & if you haven't realized that yet, you have no idea what is coming down the pipe.
"2 weeks to stop the spread" was really about a few years to crash the world.

At least we still have WWIII to look forward too





When your opening paragraph is a complete lie, it follows that everything thereafter is bullshit.

Biden has NEVER said there is no inflation. Not once. There is no recession. There's full employment and rising wages. The GDP had a blip in the first two quarters because of the covid outbreak, but this quarter is showing decent GDP growth.

The economic numbers are not even close to atrocious.
 
The best part is, the markets actually went up today, lolololol.

That's not to say we don't have problems - we got big problems, but Biden's trying to deal with them, unlike his spineless, brainless critics who just want him to fail and can't even wait a fucking hour or two before posting their piss parade.
 
Maybe Joe will come out again & tell us how there is no inflation, recession or supply chain crises so his minions have something to comfort them.

The economic numbers are atrocious & this is while they fudge the true numbers.
It may look real bad now but it will get much worse as the EU implodes & real shortages hit everywhere.
This is all by design & if you haven't realized that yet, you have no idea what is coming down the pipe.
"2 weeks to stop the spread" was really about a few years to crash the world.

At least we still have WWIII to look forward too





What "crash"??? A 1 day adjustment isn't a "crash". It wasn't even enough to call it a "correction". The DOW was up over 800 points today.
 
When your opening paragraph is a complete lie, it follows that everything thereafter is bullshit.

Biden has NEVER said there is no inflation. Not once. There is no recession. There's full employment and rising wages. The GDP had a blip in the first two quarters because of the covid outbreak, but this quarter is showing decent GDP growth.

The economic numbers are not even close to atrocious.
Except this time on video.
Ignorant & delusional is no way to go through life

 
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Except this time on video.
Ignorant & delusional is no way to go through life


0% change in inflation.
C'mon dude, even a redneck like you is smart enough to know that.

If not, let's see if you recall this.

Can we inject disinfectant into the body?
 
Let's see, you fucked up when you said markets crash, so change the subject. lolololol

Key Stats: Q3 Market Performance



  • The Morningstar US Market Index lost 4.6% during the third quarter. Stocks hit a new bear market low on the quarter’s final day, down 24.9% so far in 2022. That’s their worst performance through this point in any year since 2002.
  • It was a dramatic round trip for stock market performance in the third quarter. The Morningstar US Market Index rose 14.6% from the end of June through Aug. 16, then fell 16.5% from that high by the end of the third quarter.
  • The Morningstar US Market Index has fallen for three consecutive quarters, the kinds of losses not seen since 2008.
  • Dividend stocks took a hit, falling 5.6% as a group, trailing the broader market by a full percentage point.
  • Bonds are having their worst year in modern history, as the Morningstar US Core Bond Index fell 14.6% for the year through Sept. 30.



0% change in inflation.
C'mon dude, even a redneck like you is smart enough to know that.

If not, let's see if you recall this.

Can we inject disinfectant into the body?

Except he didn't say "change in inflation", he said 0% rate of inflation in July.
Prices were up a minimum of 8% year to year even according to the numbers they use now to hide the truth.
Saying otherwise was just another gaslighting attempt for the low info because those sheeple believe anything until they have to pay for things & finally start thinking a little.

Nice strawman attempt though.

Was this about DT or does your TDS automatically kick in when the dementia victim fraud in the WH is called out?
Maybe a little subconscious buyer's remorse?
:rolleyes:
 
Pedo Joe does not have to put gas in his tank. He does not have to buy groceries at the store, seeing the madly inflated prices. He does not have to pay an electric bill and he sure does not worry there has been no baby formula since February. I wonder how many parents of new-borns will remember how inept and stupid Biden really is????
 
Maybe Joe will come out again & tell us how there is no inflation, recession or supply chain crises so his minions have something to comfort them.

The economic numbers are atrocious & this is while they fudge the true numbers.
It may look real bad now but it will get much worse as the EU implodes & real shortages hit everywhere.
This is all by design & if you haven't realized that yet, you have no idea what is coming down the pipe.
"2 weeks to stop the spread" was really about a few years to crash the world.

At least we still have WWIII to look forward too





And here are the final number for yesterday's market crash.

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1665747597791.png
 
When your opening paragraph is a complete lie, it follows that everything thereafter is bullshit.

Biden has NEVER said there is no inflation. Not once. There is no recession. There's full employment and rising wages. The GDP had a blip in the first two quarters because of the covid outbreak, but this quarter is showing decent GDP growth.

The economic numbers are not even close to atrocious.
Wages are not keeping yo with inflation, so yes wages are declining.


The buying power is down, and that was in March, it has gotten worse since then.
 
When your opening paragraph is a complete lie, it follows that everything thereafter is bullshit.

Biden has NEVER said there is no inflation. Not once. There is no recession. There's full employment and rising wages. The GDP had a blip in the first two quarters because of the covid outbreak, but this quarter is showing decent GDP growth.

The economic numbers are not even close to atrocious.
Haha.... yes he did. Several times... it is on video. :D
 
Reuters: "Central banks of developed countries have been sucked into a debt black hole .After a long period of ultra-low % rates, the UK property market must collapse by a third in order to restore past demand. Almost 50% of US corporate debt is trading at one mark above junk"

Yeah. This means that it is not the terrible Putin, who is the cause of all crises, but the drug addiction of the Anglo-Saxons to a freebie. Which is over - there is nothing left to rob. And inflation in the US immediately jumped over 8%, making new debts super expensive.
There is only war left, the old reliable way of capitalism to get rid of debts and crisis.
Unfortunately, along with the debts, a nuclear war will remove the capitalists themselves. Together with humanity.
 

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