Bidumbnomics

[Carnivore]

home Depot Guy gives a warning

1.5K reactions · 1K shares | | Valerie Comarova

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www.facebook.com

 

[Terrel L. Shields]

Well......
Biden bashed for claiming to see economy 'through the eyes' of Scranton, not Wall Street: 'Your economy sucks'

Biden bashed for claiming to see economy 'through the eyes' of Scranton, not Wall Street: 'Your economy sucks'

President Biden claimed in a ridiculed post on X Monday that he only sees the economy “through the eyes" of people from Scranton instead of Wall Street.

www.foxnews.com

 

[Carnivore]

Why does Biden claim closed borders and not only allow, but actually wants open borders?

4. THE INDUSTRIAL RESERVE ARMY

The capitalist, according to Marx, needs to keep wages low in order to maximize profitability. This can be achieved as long as there is another worker waiting to take the place of one who refuses to accept the conditions. That’s who he called the “reserve industrial army.”

Although the social and trade union struggles from the 19th century to the present day have changed elements of this situation, especially in developed nations, the quest for low wages continues to be a constant in the business sector.

https://en.granma.CU/cultura/2018-0... melts,capitalism in the Communist Manifesto.

 

[Terrel L. Shields]

Inflation has reduced incomes by 3% since Jan 2021. Now Venezuelan refugees are fleeing Chicago.

Chicago is so unpleasant Venezuelan migrants are fleeing: William J. Kelly | Fox Business Video

Chicago reporter William J. Kelly argues Mayor Brandon Johnson and former Mayor Lori Lightfoot made the city 'unlivable' on 'Cavuto: Coast to Coast.'

www.foxbusiness.com

 

[Fernando]

Jamie Dimon Sells Shares: “Now may be the most dangerous time in decades!”​

What do I say over and over again?


Watch what they DO, not what they SAY.


Who is “they”?


The people who run the world, and top of that list is the man who runs the biggest bank in America and has for decades: Jamie Dimon.


For 18 years (!!), Dimon has never sold a share of his JP Morgan stock, but that all changed when he recently filed to share One Million shares!


Take a look:

Jamie Dimon Sells Shares: "Now may be the most dangerous time in decades!" | WLT Report

What do I say over and over again? Watch what they DO, not what they SAY. Who is “they”? The people who run the world, and top of that list is the man who runs the biggest bank in America and has for decades: Jamie Dimon. For 18 years (!!), Dimon has never sold a...

wltreport.com

Dimon had said a big recession was coming later this year. Boy was he wrong.
I used to had respect for Dimon's views and his accomplishments. If we could predict the future, we be rich.

 

[OSU Beavers]

 

[Fernando]

We are in a good place. Inflation going down. Stock market gone up this week. Government budget shutdown averted today.
Oil prices at $75/barrel. Who would have thought that with the Middle East fighting.
Biden must be doing something right.

 

[Terrel L. Shields]

Oil prices at $75/barrel.

The pressure is on for it to go higher and the reason it is lower is because the economy is slowing. The CPI numbers are cooked and we are seeing a very long protracted slow downturn unlike the sudden collapse of 2008. But collapse it will and the area under the curve will be at least as bad as 2008-11 ultimately. Only the huge spending embarked upon by the government has kept the downturn from being faster and deeper. And eventually we will need all the tax income just to pay interest on the money borrowed by the Fed.

 

[Dublin ohio]

We are in a good place. Inflation going down. Stock market gone up this week. Government budget shutdown averted today.
Oil prices at $75/barrel. Who would have thought that with the Middle East fighting.
Biden must be doing something right.

Even a blind squirrel will eventually find a nut

 

[gregb]

The CPI numbers are cooked and we are seeing a very long protracted slow downturn unlike the sudden collapse of 2008. But collapse it will and the area under the curve will be at least as bad as 2008-11 ultimately.

Time will tell...

https://www.theweeklyjournal.com/business/why-millennials-the-biggest-generation-in-american-history-will-keep-housing-prices-sky-high-for/article_36bfcfe4-82fb-11ee-93b6-93c055b81677.html