- Jean-Claude Juncker

Ben Bernanke once said something to the tune of "Our job is not to tell the truth, it is to maintain confidence."

For every dollar of debt we generate, we generate less than $1 of GDP.

In 15 of the last 16 months, the BLS has revised job numbers downwards, with the average overestimation being 40%.

Make of this what you will.

Realitybites said:

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In 15 of the last 16 months, the BLS has revised job numbers downwards, with the average overestimation being 40%.

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Good information


How did our media become so complicit with the outright lies of the Biden administration?

While the problem pervades the Biden administration, it (unfortunately) extends beyond it. The laws of economics are no respector of flags.

The media is full of midwit leftists with above average incomes who are going to promote whoever preserves the right to have gay sex, cross dress, and kill babies.

Historically, the economy and the stock market have been very good in election years. It appears China Joe may very well *** that up too.

Everything the man touches either dies or turns to s h ! t!!!

Powell is a democrat partisan who hates Trump.

If someone forced me to make a prediction, here's mine:

Rates stay at current levels until the first of two things happen:

- a 30%ish market correction triggering rate cuts and QE
- in the absence of a correction, with the election looming, Powell initiates rate cuts somewhere at the FOMC meetings in

June
11-12*
July
30-31
September
17-18*

timing them to prop up the market for the election, but not so soon as to allow inflation to really ignite before November. What strategy he will use (cut cut cut, or cut pause cut) I don't know.