Well now it looks like we have two quarters of negative GDP and we are officially in a recession. Friends are calling it "the Poopy Pants Recession" or PPR.
Let's see now. We have received information this month that shouts to a worsening economy,
> June CPI 9.1%,
> Interest rate bump of .75%, and
> -.9% Q2 GDP...
...not an improving of the economy. The only thing missing in the above metrics is unemployment.
This is happening in every single company right now. If it was a well managed company, it happened a month ago.
With the continuing worsening of our economy, the Senate is voting on a $280B micro chip bill and a $700B tax hike/green bill. It's almost as if our Representatives are saying to us peons, "let 'em eat cake!"
I suspect that due to the peons having LITTLE representation today in DC and the economy worsening, eventually the peons will rise up. Trust me, with the turn of the Blue state to Red in January 2023, and the economy getting continually worse, things will go kinetic this coming spring.
Oh and add to the above economic news the scuttle butt out there that the DEM's October surprise will be the arrest of former President Donald Trump for "
Insurection".
Stay tuned...
