Economy?

Good Bad or Ugly?

We have a ter­ri­ble econ­o­my but the Media seem to keep say­ing that every­thing is fine.

The real prob­lem here is that the media lie.

They lie about things that they do not even have to lie about so when the media is say­ing that every­thing is ok, just know that it is not ok.

They say Soft Land­ing…

But that is not true either, There will be no soft land­ing because we have a FED that has been attempt­ing to con­trol infla­tion by reduc­ing the amount of mon­ey that is avail­able to the pub­lic.

High­er inter­est rates hurt the poor peo­ple and the mid­dle class.

High inter­est rates hurt small busi­ness.

So the next time you start to think that what the media say is true…

Think again.

Accord­ing to the con­ven­tion­al wis­dom, the Fed­er­al Reserve has man­aged to achieve only one soft land­ing in the past 60 years—in 1994–1995.

That is not a good track record at all folks.

So, tight­en your straps because there will be a reces­sion and it is going to be a bad one.