Microstock Photography Forum - General > Off Topic

The Biden recession is coming. Brace yourselves.

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k_t_g:
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.  ::)

Myphotobase:

--- Quote from: Minsc on May 10, 2022, 18:50 ---
--- Quote from: Myphotobase on May 10, 2022, 18:32 ---
--- Quote from: Minsc on May 10, 2022, 16:27 ---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.

--- End quote ---

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..

--- End quote ---

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.

--- End quote ---

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

Myphotobase:

--- Quote from: Minsc on May 10, 2022, 19:21 ---
--- Quote from: Evaristo tenscadisto on May 10, 2022, 17:37 ---
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.

--- End quote ---

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.
--- End quote ---

Firn:

--- Quote from: Minsc on May 10, 2022, 18:50 ---
--- Quote from: Myphotobase on May 10, 2022, 18:32 ---
--- Quote from: Minsc on May 10, 2022, 16:27 ---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.

--- End quote ---

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..

--- End quote ---

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.

--- End quote ---

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.

Wilm:
In Turkey, the inflation rate is currently over 70%! I assume that Biden is not responsible for this, right?

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