2023: Predictions and Prophecies
You know my friends, it seems like there is a 50/50 split between economic analysts, strategists and experts when it comes to having a clue about our somewhat mysterious economy. They may seem they are in the “know”, or others may have wishy-washy predictions about the future, …but if you read through this article, it will become crystal clear. The writing is on the wall for 2023, just as it was for King Nebuchadnezzar in Daniel 5:5, …look it up if you dare.
The president you elected, last weekend, made the ridiculous claim that the economy is “Strong as Hell,” but may I tell you that nothing could be farther from the truth. Please allow me to make a few key points about his completely wrong statement. If you look at real (unaltered) data on wages, they have fallen for the last 18 months straight. When you listen to all the top CEOs in the nation, only about 8 percent say we will not have a recession next year. That means over 91 percent believe the recession in 2023 will be a least moderate, and at most, “severe.” In my humble opinion, the president you elected continues to tout fraud about the economy, and most of America does not believe it anymore, as displayed by his recent approval rating. Last week, and absurdly I might add, he said “Look at the horrible economy that I inherited.” Hello Joe…could you please be so kind as to start telling the truth sir? When you start wars on fossil fuels, on border patrol agents, on defunding the police, or on anything — anyone conservative, then don’t be surprised if your policies fail and the economy starts a nosedive.
May I be so bold as to add, that your Fed Chairman Jerry Powell is not making matters any better. He continues to insist that his large ‘Monetarist Theory’ rate hikes won’t trigger a recession. Saying that if they do…it will be so mild that we will land softly and barely feel it. May I say this is total and utter bullsh*!, and the largest CEOs in America will back me up on that. The U.S. is part of a world economy, and what we do here is mimicked worldwide. The European Central Bank has already caused, from interest-rate hikes to curb inflation, a moderate recession that is only going to grow. It won't take long until that storm crosses the Atlantic my friends. Anyone with half an economic brain understands that interest rate hikes…