Taking Trillions away from the Proles, and giving it to the “JCs”, is “heading off a ‘guaranteed’ financial crisis”
Steve
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They’re already rehearsing their excuses, “It’s Biden’s fault!”
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Bessent noted that there are “no guarantees” there won’t be a recession.
But that’s a small price to pay for preventing a full-on financial crisis by his heroic deeds, right?
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Like the article linked to in another thread said, what is important is to keep the rich comfortable enough to keep spending.
Steve
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Since they have most of the expendable wealth, we’re forced into appealing to them in that way.
Or they lose their heads…
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When do we call a Great Depression.
Send out the clowns.
A recession is a period of economic decline, while a depression is a severe and prolonged recession, characterized by a significant drop in economic activity and high unemployment.
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I like the easier definitions:
A recession is when your neighbor loses his job.
A depression is when you lose your job.
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