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Author Topic: The Biden recession is coming. Brace yourselves.  (Read 11532 times)

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« on: May 10, 2022, 16:27 »
+2
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.


« Reply #1 on: May 10, 2022, 17:37 »
+32
Funny... history tell us that after a Pandemic, recession and great wars (wwi and wwii) arrive. Calling it "Biden recession" when all the world is in recession? and near to wwiii after Russia start a war in Europe? I wonder what terms you will use when peace and good economy arise again. Dreamstime? ;D ;D ;D

« Reply #2 on: May 10, 2022, 18:32 »
+10
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

« Last Edit: May 10, 2022, 18:43 by Myphotobase »

« Reply #3 on: May 10, 2022, 18:50 »
+3
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.
« Last Edit: May 10, 2022, 19:08 by Minsc »

« Reply #4 on: May 10, 2022, 19:21 »
+1
Funny... history tell us that after a Pandemic, recession and great wars (wwi and wwii) arrive. Calling it "Biden recession" when all the world is in recession? and near to wwiii after Russia start a war in Europe? I wonder what terms you will use when peace and good economy arise again. Dreamstime? ;D ;D ;D

Last I recalled, we had a nice recovery from the Pandemic. And the last few wars that the US were directly involved in that costed over a trillion didn't plunge the country into a recession. And let's not exaggerate a regional war into a world war... it's not a world war.

Europe may very well head into a recession that is independent of the US recession. When you don't have a steady flow of petro and natural gas, it's bound to affect the European economies. And if Putin shuts off the natural gas this autumn, Europeans will be back to burning wood & coal.

The US on the other hand created it's own situation through reckless spending and uncontrolled inflation. Great economists warned that this was going to happen in 2021, but people didn't listen. When inflation is sky high and energy prices are sky high, people like you and I will tighten our spending. It's natural. When people stop spending, consumer confidence drops, economic activity drops, companies make less money and they have layoffs. That's how recessions start.

Of course, it's popular to blame Putin, but ask yourself this. Who caused the highest inflation in 40 years? Who caused oil prices to spike in the US before the Ukrainian war? That's your answer right there.
« Last Edit: May 10, 2022, 19:29 by Minsc »

k_t_g

  • Professional Dreamer
« Reply #5 on: May 10, 2022, 23:07 »
+8
Its not just one idiot running some country and not just two, its all of those elites running any country and parasitically enjoying our "we the people" money. They are all the same. Sadly. They take after animals. Alphas always get the best and we get whats left. Would be nice if people would just "grow up" But I think people won't. Those that have the money will fight to keep it that way. Too much of a good thing I guess.
Remember we are their puppets and pawns.  ::)

« Reply #6 on: May 11, 2022, 01:50 »
+3
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.

So, if you were the government.. what would you do ?

« Reply #7 on: May 11, 2022, 02:03 »
0

Of course, it's popular to blame Putin, but ask yourself this. Who caused the highest inflation in 40 years? Who caused oil prices to spike in the US before the Ukrainian war? That's your answer right there.

You seem to forget the last two years of Covid... Also don't forget that the federal reserve is independent from the government, so you have to blame one.. or the other.

And if you blame the federal reserve... President Trump was the one who hired their director (Jerome Powell) in 2017.
« Last Edit: May 11, 2022, 02:31 by Myphotobase »

« Reply #8 on: May 11, 2022, 02:35 »
+13
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.

You seem to be confusing the US with the whole world. Because - surprise surprise - almost all countries are facing the same problems.
Germany, where I live for example - Inflation is crazy, the highest since 1981. Is that Binden's fault too?
Or could all countries facing the same problems right now not rather be caused by something all these conutries share? Which is not Binden, but a worldwide pandemic and an ongoing war.

« Reply #9 on: May 11, 2022, 02:46 »
+12
In Turkey, the inflation rate is currently over 70%! I assume that Biden is not responsible for this, right?

« Reply #10 on: May 11, 2022, 06:53 »
+15
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

It's funny how conservatives worldwide always claim recession and inflation are the fault of the current government and never based on the mistakes of the former one.

« Reply #11 on: May 11, 2022, 07:18 »
+2
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

totally misleading everyone knows this is the Ardern recession....  or is it the Trudeau recession...  was told clearly it was the Macron recession

« Reply #12 on: May 11, 2022, 07:46 »
+12
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

It's funny how conservatives worldwide always claim recession and inflation are the fault of the current government and never based on the mistakes of the former one.

Right. The money printing machine was running at max capacity when Trump was in power when the US broke its Debt to GDP record, previously established just after WWII.

Far from me to say that Biden is innocent, but Trump even insisted to put his signature on those checks printed out of thin air.
Let's also remember his threats towards the Fed, forcing them to lower interest rates, because his own personal debt was piling up.

Now we are obviously paying the price for Trump's "generosity", but Fox News fans seem to forget that.  ;)
« Last Edit: May 11, 2022, 08:18 by Zero Talent »

« Reply #13 on: May 11, 2022, 10:50 »
+1
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.

So, if you were the government.. what would you do ?

Stop spending so much money. Stop trying to stop domestic energy production.

Oil prices and Natural Gas spiked after we slowed down our own product of energy. This caused food prices to spike, along with everything else. It's self-inflicted inflation.

« Reply #14 on: May 11, 2022, 10:54 »
+1
In Turkey, the inflation rate is currently over 70%! I assume that Biden is not responsible for this, right?

Regional inflation is common and it has little to nothing to do with the US.

Just like hyperinflation of 79.6 billion percent in Zimbabwe in 2007 has nothing to do with the US. Just like how inflation in Venezuela has little to nothing to do with the US.

Biden is completely responsible for US inflation due to his policies.

« Reply #15 on: May 11, 2022, 11:13 »
0
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.

You seem to be confusing the US with the whole world. Because - surprise surprise - almost all countries are facing the same problems.
Germany, where I live for example - Inflation is crazy, the highest since 1981. Is that Binden's fault too?
Or could all countries facing the same problems right now not rather be caused by something all these conutries share? Which is not Binden, but a worldwide pandemic and an ongoing war.

The inflation in Germany is different than that of the US. And yes, Germany's recent inflation is directly related to the war in Ukraine and its geopolitical tensions with Russia. Germany's inflation started creeping up late last winter after Russian slowed the flow of natural gas. It spiked right after Russia invaded Ukraine, causing food prices to spike. Ukraine was a huge exporter of food to the rest of Europe and after the war started, food exports dropped and supplies became constrained, causing food prices to rise.

If you look at June of 2021, in the midst of the pandemic, Germany's inflation rate was 2.3%. The pandemic is just another buzzword people throw around to make excuses for politicians.

You can see the inflation chart here that corresponds to my timeline assessment.
https://tradingeconomics.com/germany/inflation-cpi

The inflation in the US is different. In February 2021, the inflation rate was 1.7%, so stop parroting the media and blaming the pandemic. The inflation spike started in April of 2021 and continued to climb throughout the summer.

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

Look at the rise in oil prices. It started in Q1 2021, which is when inflation started to spike in the US. The 2 chart pretty much mirrors each other.
https://www.statista.com/statistics/671580/quarterly-retail-price-of-gasoline-in-the-united-states/

The inflation problem in the US is directly caused by the Biden administration.

« Reply #16 on: May 11, 2022, 11:23 »
+2
Just to further prove my point, here is the inflation chart of France. It's nearly identical to the German inflation chart.

https://tradingeconomics.com/france/inflation-cpi

The inflation spike started right after the Ukrainian invasion in February 2022.

The inflation rate in France was 2.9% in January 2022. In the US, it was 7.5%. The US inflation spike started in April 2021, while the France inflation spike started in February 2022.

In other words, they were fairly independent of each other. The US inflation was caused by US policies, while France inflation was caused by the war in Ukraine.

« Reply #17 on: May 11, 2022, 11:42 »
+4
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.

So, if you were the government.. what would you do ?

Stop spending so much money. Stop trying to stop domestic energy production.

Oil prices and Natural Gas spiked after we slowed down our own product of energy. This caused food prices to spike, along with everything else. It's self-inflicted inflation.

Unfortunately there is literally no elected politician in either party with any interest in cutting any spending. The Republicans made that clear before the pandemic when they cut taxes but didnt cut spending at all. Its just silly that some are now arguing to cut spending. If they meant it, they would have done it when they had control.

BK

« Reply #18 on: May 11, 2022, 13:44 »
+17
I love how conservatives complain about the evils of socialism and how free market capitalism solves all problems . Then when the law of supply and demand kicks in and the price of gas goes up 50 cents a gallon they complain that the government isnt doing enough. 😂

« Reply #19 on: May 11, 2022, 20:01 »
+3
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.

So, if you were the government.. what would you do ?

Stop spending so much money. Stop trying to stop domestic energy production.

Oil prices and Natural Gas spiked after we slowed down our own product of energy. This caused food prices to spike, along with everything else. It's self-inflicted inflation.

American Energy production was slowed down because it was not profitable anymore. Russia and the Saudis were in conflict and the oil prices went down. After the conflict, prices were rising slowly, and the american (and Canadian) producers were reluctant to risk losing money. Energy production depend on company profits, not on governments...

« Reply #20 on: May 12, 2022, 07:27 »
+3
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

I assume you never cashed those stimulus checks that the corrupt Trump administration sent out to buy us off because you're all about the capitalism and not the socialism right clown.

« Reply #21 on: May 12, 2022, 08:56 »
+1
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

I assume you never cashed those stimulus checks that the corrupt Trump administration sent out to buy us off because you're all about the capitalism and not the socialism right clown.

Biden is too brain dead be corrupt. He could barely find his way down a hallway, let alone trying to be corrupt. Thats why hes running the US to the ground. And I didnt qualify for single penny of stimulus money.

« Reply #22 on: May 12, 2022, 08:58 »
+9
Biden is too brain dead be corrupt. He could barely find his way down a hallway, let alone trying to be corrupt. Thats why hes running the US to the ground. And I didnt qualify for single penny of stimulus money.

"Man woman person camera tv"

« Reply #23 on: May 12, 2022, 09:32 »
0
Thanks to the incompetent idiots in charge, we're on our way to a recession.

I anticipate that many companies with either start downgrading or cancelling their microstock accounts from sites like SS and AS.

My SS sales has dipped in the last few weeks. Less big sales and less daily downloads.

Just brace yourselves for what's to come and stop supporting people who are economically illiterate.

More a Covid/Putin/China recession... Covid for stopping worldwide production.. Putin for raising transport costs worldwide with higher energy cost (due to war).. and China for slowing down its economy with their "Strict 0 Covid" policy..

Inflation levels and oil prices were incredibly high before the war in Ukraine started. China only started the lockdown.

The US economy shrank by 1.4% in Q1 and it wasn't caused by China locking down. China's GDP went up by over 4% in the same time period.

The main cause of the situation is because of energy scarcity and uncontrolled spending. Both of which are caused by policies of the current administration. The war in Ukraine doesn't help, it's certainly not the main cause of it.

The highest inflation in 40 years is caused by the federal reserve printing money it doesn't have. Failure to hold the people in charge responsible is reason why we're in this situation. So let's not make excuses for incompetent people.

So, if you were the government.. what would you do ?

Stop spending so much money. Stop trying to stop domestic energy production.

Oil prices and Natural Gas spiked after we slowed down our own product of energy. This caused food prices to spike, along with everything else. It's self-inflicted inflation.

American Energy production was slowed down because it was not profitable anymore. Russia and the Saudis were in conflict and the oil prices went down. After the conflict, prices were rising slowly, and the american (and Canadian) producers were reluctant to risk losing money. Energy production depend on company profits, not on governments...

There were plenty profits to go around. That's why oil companies have been posting record profits for the last year and the most valuable company right now is an Oil company. I guess it's easier to making a blanket statement about profits without giving anyone a chance to make a profit.

Biden effectively stopped energy production in the US with his policies. He shut down the Keystone Pipeline and cancelled all oil and natural exploration permits. Meanwhile, we're STILL secretly buying oil from Putin, while sending billions to Ukraine. If we are really against Putin, why are we buying oil from Russia? Could it be that we kneecapped ourselves and we have nowhere else to turn?

« Reply #24 on: May 12, 2022, 09:35 »
0
Biden is too brain dead be corrupt. He could barely find his way down a hallway, let alone trying to be corrupt. Thats why hes running the US to the ground. And I didnt qualify for single penny of stimulus money.

"Man woman person camera tv"

For every Trump gaff, there are dozens of Biden gaffs.

https://www.youtube.com/watch?v=H6uingtAWbk


 

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