New data reveals a crash not seen since Great Depression could hit in 2024

[Ordinary Guy]

Not really. Like everything else, he falsely inflated his wealth when running for president. Same thing he's found culpable of fraud in the latest suit against him.

another bullshit statement, a house right down the street from Mar Lago with less land and sq footage sold for 155 million but Mar Lago is 18 million? that is classic bullshit liberalism. They over appraise when it comes to taxation but prosecute someone for doing the same thing government does everyday. Fucking New York liberal bullshit. They should take away that prosecutors license

 

[Ordinary Guy]

Yes, but you'd never know Trump helped if you listen to his cult members.

Republican voters are actually stupid enough to believe the GOP is fiscally responsible.

This debt was an all hands bipartisan effort.

Because the motto of America is, "Gimme gimme gimme, and make that guy over there pay for it."

We get the politicians we deserve.

show us where that was stated. Fact is when democrats run it up, politicians and the elite pockets get lined, when Republicans run it up "ALL" WORKING CLASS AMERICANS have more disposable income, less inflation, and better priced energy options. Republicans give, Democrats take while driving up cost of living

 

[sealybobo]

If White House and Congress don't cut spending soon, the results could be catastrophic​

As the White House continues to tout the alleged achievements of the president’s "Bidenomics" agenda, a growing amount of data indicates that a gigantic economic crisis could be right around the corner.


Most disturbingly, one important economic indicator that’s currently flashing hasn’t appeared since the 1930s, during the height of the Great Depression.

If the White House and Congress do not cut inflation-causing government spending soon, the results could be catastrophic.

New data reveals a crash not seen since Great Depression could hit in 2024

A growing amount of data indicates that a gigantic economic crisis could be right around the corner. Most disturbingly, one important economic indicator that’s currently flashing hasn’t appeared since the 1930s, during the height of the Great Depression.

www.foxbusiness.com

I just hope voters are smart enough to realize what President is accountable for this -OG

Ha ha ha! You said that in 20, 21, 22, 23, go fuck yourself partner.

 

[sealybobo]

show us where that was stated. Fact is when democrats run it up, politicians and the elite pockets get lined, when Republicans run it up "ALL" WORKING CLASS AMERICANS have more disposable income, less inflation, and better priced energy options. Republicans give, Democrats take while driving up cost of living

I like RFK Jr Robert F. Kennedy Jr. - Wikipedia.

He expressed skepticism about the COVID-19 pandemic, contending that it served to benefit billionaires; according to Kennedy, the pandemic resulted in a "$4.4 trillion shift in wealth from the American middle class to this new oligarchy that we created – 500 new billionaires with the lockdowns, and the billionaires that we already had increased their wealth by 30%". Kennedy has also stated that the American government is dominated by corporate power; he said the Environmental Protection Agency was run by the "oil industry, the coal industry and the pesticide industry", and described the Food and Drug Administration as overly dominated by "Big Pharma".[148]

Additionally, he has stated his belief that "systematic" erosion of the middle class is taking place, remarking in a 2023 interview with UnHerd that American politicians have "been systematically hollowing out the American middle class, and printing money to make billionaires richer". He stated that the financial industry and the military–industrial complex are funded at the expense of the American middle class.[148] Kennedy sees a "vibrant middle class" as the backbone of the economy and stated that the economy has deteriorated because the middle class has become poorer.[149] In an interview with Andrew Serwer, Kennedy remarked that the gap between rich and poor in the United States had become too great and said, "the very wealthy people should pay more taxes and corporations". He also expressed his support for the wealth tax plan of Massachusetts senator Elizabeth Warren, which would impose an annual tax of 2% on every dollar of a household's net worth over $50 million and a tax of 6% on every dollar of net worth over $1 billion

 

[Ordinary Guy]

Ha ha ha! You said that in 20, 21, 22, 23, go fuck yourself partner.

liar

 

[Ordinary Guy]

I like RFK Jr Robert F. Kennedy Jr. - Wikipedia.

He expressed skepticism about the COVID-19 pandemic, contending that it served to benefit billionaires; according to Kennedy, the pandemic resulted in a "$4.4 trillion shift in wealth from the American middle class to this new oligarchy that we created – 500 new billionaires with the lockdowns, and the billionaires that we already had increased their wealth by 30%". Kennedy has also stated that the American government is dominated by corporate power; he said the Environmental Protection Agency was run by the "oil industry, the coal industry and the pesticide industry", and described the Food and Drug Administration as overly dominated by "Big Pharma".[148]

Additionally, he has stated his belief that "systematic" erosion of the middle class is taking place, remarking in a 2023 interview with UnHerd that American politicians have "been systematically hollowing out the American middle class, and printing money to make billionaires richer". He stated that the financial industry and the military–industrial complex are funded at the expense of the American middle class.[148] Kennedy sees a "vibrant middle class" as the backbone of the economy and stated that the economy has deteriorated because the middle class has become poorer.[149] In an interview with Andrew Serwer, Kennedy remarked that the gap between rich and poor in the United States had become too great and said, "the very wealthy people should pay more taxes and corporations". He also expressed his support for the wealth tax plan of Massachusetts senator Elizabeth Warren, which would impose an annual tax of 2% on every dollar of a household's net worth over $50 million and a tax of 6% on every dollar of net worth over $1 billion

Class warfare is never the answer and assuming he is like most Kennedys, the same laws never apply to them

 

[sealybobo]

Class warfare is never the answer and assuming he is like most Kennedys, the same laws never apply to them

Ha! If you don't believe class warfare exists you're even dumber than I thought.

 

[sealybobo]

Class warfare is never the answer and assuming he is like most Kennedys, the same laws never apply to them

I don't really like Kennedy. But he's using a tactic Trump used. Say things that make you different than the other Democrats. He's actually speaking my language. I agree with what he's saying. But he's also a conspiracy theorist con man like Trump and like with Trump, I see right through him.

But he aint wrong. You have been brainwashed to have the response you gave me. Do you realize that? Your response was the GOP montra on these boards back in the 2000's as the rich just kept getting richer.

We are on to your bullshit. The Big 3 pointed out that while they were being asked to take a pay cut the CEO gave herself a $20 million dollar raise.

Who are you? Are you a house n#*r?

 

[Ralph Norton]

You don't really understand what a veto is, do you.

You don't really understand that a President is not going to veto every single bill that has something in it he doesn't like, do you?

 

[Faun]

another bullshit statement, a house right down the street from Mar Lago with less land and sq footage sold for 155 million but Mar Lago is 18 million? that is classic bullshit liberalism. They over appraise when it comes to taxation but prosecute someone for doing the same thing government does everyday. Fucking New York liberal bullshit. They should take away that prosecutors license

Nope, not bullshit. That $155 million property is 1/10th what Trump claimed Mar-a-Raided is worth. And that was just one property. He pulled that same stunt on multiple properties.

 

[sealybobo]

You don't really understand that a President is not going to veto every single bill that has something in it he doesn't like, do you?

Clinton signed NAFTA and the 1996 Telecommunications Act. There were 2 others where he really let us liberal down.

Nope, not bullshit. That $155 million property is 1/10th what Trump claimed Mar-a-Raided is worth. And that was just one property. He pulled that same stunt on multiple properties.

Hillary told us he doesn’t pay his taxes. She warned us.

 

[Ordinary Guy]

Nope, not bullshit. That $155 million property is 1/10th what Trump claimed Mar-a-Raided is worth. And that was just one property. He pulled that same stunt on multiple properties.

it was less than 1/5 the size, it is bullshit, if it was worth 155, Mar Logo would be 900+ possibly more due to the updates

 

[Manonthestreet]

Market-Ticker - The Market Ticker

MarketTicker Forums - Discussions About Investing

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Time is running out

 

[Ringo]

Objectively, the world no longer needs capitalists, all the progressiveness of capitalism has exhausted itself at the moment of formation of monopolies, it was more then a hundred years ago.
The world needs communists and communism.

 

[leftwinger]

Biden didn't run up the $33 trillion in debt all by himself, sweetheart.

BS. Obiden and his merry band of buffoons have been there to sign off on and approve virtually all $33T of debt (which Exploded after the muslim was installed).

 

[leftwinger]

Stolen elections have consequences. This is exactly what the democrats want . Watch as they solve this problem by sending 79 billion dollars to Ukraine. Are you an American or are you a Democrat?

Brazil and other countries were stolen the same way. Maybe Eagle is correct? The great reset is coming.

 

[leftwinger]

Many Americans are invested in a 401K and a market crash would be catastrophic. I have most of my money invested elsewhere because of this possibility.

No one can pull that money out of an IRA or 401K without massive TAX penalty on top thier current income. How can they invest it anywhere else? As well as lose the Company match to stop it.

 

[Mac-7]

If White House and Congress don't cut spending soon, the results could be catastrophic​

As the White House continues to tout the alleged achievements of the president’s "Bidenomics" agenda, a growing amount of data indicates that a gigantic economic crisis could be right around the corner.


Most disturbingly, one important economic indicator that’s currently flashing hasn’t appeared since the 1930s, during the height of the Great Depression.

If the White House and Congress do not cut inflation-causing government spending soon, the results could be catastrophic.

New data reveals a crash not seen since Great Depression could hit in 2024

A growing amount of data indicates that a gigantic economic crisis could be right around the corner. Most disturbingly, one important economic indicator that’s currently flashing hasn’t appeared since the 1930s, during the height of the Great Depression.

www.foxbusiness.com

I just hope voters are smart enough to realize what President is accountable for this -OG

Its probably too late to avert whatever is going to happen

 

[Nobody911]

If White House and Congress don't cut spending soon, the results could be catastrophic​

As the White House continues to tout the alleged achievements of the president’s "Bidenomics" agenda, a growing amount of data indicates that a gigantic economic crisis could be right around the corner.


Most disturbingly, one important economic indicator that’s currently flashing hasn’t appeared since the 1930s, during the height of the Great Depression.

If the White House and Congress do not cut inflation-causing government spending soon, the results could be catastrophic.

New data reveals a crash not seen since Great Depression could hit in 2024

A growing amount of data indicates that a gigantic economic crisis could be right around the corner. Most disturbingly, one important economic indicator that’s currently flashing hasn’t appeared since the 1930s, during the height of the Great Depression.

www.foxbusiness.com

I just hope voters are smart enough to realize what President is accountable for this -OG

#### Wars and the US Economy

Throughout history, wars have had various impacts on the economy, and some have been credited with helping to rescue or boost the US economy. One notable example is World War II, which had a significant positive effect on the US economy after the Great Depression of the 1930s.

World War II and the US Economy:

• World War II led to a massive increase in government spending, which stimulated economic growth and helped lift the US out of the Great Depression.
• The war effort created millions of jobs, reducing unemployment rates and increasing consumer spending.
• Industries such as manufacturing, defense, and technology experienced significant growth as they produced goods and supplies for the war.
• The war also led to technological advancements and innovations, such as the development of radar, nuclear energy, and computers, which had long-term economic benefits.
• The increased government spending and economic growth during the war laid the foundation for the post-war economic boom in the United States.

Probably, to keep making wars across the globe is the best foreign policy for America. President Biden's wars( Ukraine, Israel, and Taiwan ) will plausibly make America great great again! lol.

Sources:
1. President Franklin Delano Roosevelt and the New Deal | Great Depression and World War II, 1929-1945 | U.S. History Primary Source Timeline | Classroom Materials at the Library of Congress | Library of Congress

2. Did New Deal Programs Help End the Great Depression? | HISTORY

 

[Ringo]

Global capital will have Chinese workers for breakfast, Russian workers for lunch, and American workers for dinner. And as long as you divide capitalism into countries and hate the “bad” ones, he doesn’t have to worry about anything - his herd is under reliable control.