(Peter St Onge, Ph.D) The Federal Reserve has been gas lighting the American people for two years now on inflation in the economy. At this point the happy talk is hitting reality with the latest Empire State manufacturing survey, a bellwether for conditions across the country showing its biggest plunge ever, second only to the month they literally shut down the economy for COVID-19. Economists had expected a minus five on the survey. A minus means the economy is contracting. The actual number was minus 31.
Target down 25% TODAY. Walmart down 14% between YESTERDAY and TODAY, represents the single largest drops for these companies since the market crash of 1987.
Working class Americans have never been hammered this hard by government fiscal policy.
“2nd CIVIL WAR… The Republicrats, the globalists are raging an ALL OUT WAR against us… Continue reading →
Biden is going to own a lot of screw ups, and you can add another to a long list of hardships heaped on Americans—food shortages. The food shortages are compliments of the Biden/Obama neocon policies of war and sanctions against Russia. Russia is a big producer of wheat, oil and fertilizer, among other things, and all are being sanctioned. Up, up and away go prices, and according to Biden at the emergency NATO summit ‘This inflationary hardship and food shortages for all Americans and billions more around the world are necessary to punish Russia for invading Ukraine.’
ஜ ۩ Whiskey Tango Texas ۩ ஜ 