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The Omicron variant could throw the booming economic recovery off the rails, Fed Chair Powell says

DigitalDrifter

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.

The economic recovery only just shifted into a higher gear. The Omicron strain now threatens to slow it all down again, Federal Reserve Chair Jerome Powell warned Tuesday.


 

Oddball

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Setting up lowered expectations for the "recovery" that was already shit.
 

AmeĀ®icano

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




I didn't know Fed Chair Jerome Power has PhD in virology.
 

beautress

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




I heard that the strain is attenuated down not up because fewer people are dying..
 

Concerned American

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




Booming economic recovery? Powell is a moron. If this is a booming economy, I really don't want to see what he figures is a recession.
 

Turtlesoup

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




Which means he has an "excuse" not to do his ONE job which is to raise interest rates to fight inflation. Omicron is a big nothing burger, but it will be used to funnel money and allow mail in fraud votes.
 

AmeĀ®icano

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It's another attempt to blame something/someone else for own shortcomings.

The number just updated, and US government officially run out of money. Literally, $0 in the bank.

NO MONEY

1638350814067.png


Debt ceiling has not ben resolved, and until then, government can't borrow, and printing machine is dead.

Instead worrying about omicron, you should worry about getting your worthless dollars out of banks.
 

Grampa Murked U

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




This variant is WEAKER than everything that came before it.

Our government is lying to us
 

iamwhatiseem

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




NO

It is going to be used as an excuse as the media stops with the absurd lie of a "booming economy". As everyhing comes to a head - this is the excuse they will push.
Which is also why they will shut things down etc. All to provide cover for themselves.
 

Tipsycatlover

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This variant is WEAKER than everything that came before it.

Our government is lying to us
Omicron is weaker than any other variant but that's not the danger. It's what these politicians will do using omicron as an excuse. They are already talking more vaccinations and lockdowns. The reaction of this communist political class is what is so frightening.
 

MinTrut

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Setting up lowered expectations for the "recovery" that was already shit.
Only more unnecessary lockdowns can save us from the devastation the Democrats caused by the previous unnecessary lockdowns!!! :eek:
 

MinTrut

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Turtlesoup

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Which means he has an "excuse" not to do his ONE job which is to raise interest rates to fight inflation. Omicron is a big nothing burger, but it will be used to funnel money and allow mail in fraud votes.
Yep--second yahoo article pushing for the west (which means we US taxpayers) to send Africa Billions $$$$$$$ for shots against this nothing virus. It's a money grab made up "crisis."
 

JusticeHammer

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




First off you would have to believe there is a booming economy, there isn't.
 

initforme

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I am so very thankful for online shopping. No need to step foot in local stores. One doesn't have to leave the confines of ones home. More people working from home is also a huge positive for the nation.
 

justoffal

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




So they are finally admitting that the booming economy is actually just a bubblicious piece of shit and is close to popping. I don't know what's pushing them to this limit.... could it be the onslaught of rising prices that show no signs for slowing down? The inability of the federal government to move prices at the gas pump even one single penny? With the intrinsic (true) inflation approaching a whopping 25% Democrats are dying a swift and painful death at the gas pump, at the retail registers and in the utilities bills being received by a battered public that can no longer afford them and they know it.

Jo
 
Last edited:

task0778

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Not what we want to hear.

  • The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
  • Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
  • Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.




Wait, we have a booming economy? Seems like more people are quitting their job than getting one.

The economic recovery only just shifted into a higher gear.

Really? Based on what?
 

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