Not just recession, but potentially a full blown depression.
The 30 and 5 year treasury yields inverted on Monday. 10 out of 11 times this has happened, a recession followed 8 to 24 months later and we're in the worst economic situation since the 1930s.
Real inflation based on measurements we used to use in the 80's and 90's is close to 20%.
Supply and demand will drop catastrophically and pork barrel spending isn't going to fix the problem.
Be prepared.
The 30 and 5 year treasury yields inverted on Monday. 10 out of 11 times this has happened, a recession followed 8 to 24 months later and we're in the worst economic situation since the 1930s.
Real inflation based on measurements we used to use in the 80's and 90's is close to 20%.
Supply and demand will drop catastrophically and pork barrel spending isn't going to fix the problem.
Be prepared.