Kevyn wrote:
I bought eggs for under a Buck a dozen, thanks Joe Biden! Just kidding the president doesn’t determine the price of eggs be they high or low.
Farmers reporting; 5 million chickens culled due to bird flu, ...but... farmers reporting no test for bird flu, offered over market price, then culled, then reported as bird flu.
So what's going on in our government Kevin?
Same happened with many cattle ranchers.
The economy is so bright and cheerful, that cattle ranchers could not afford feed and/or fertilizer/diesel fuel for their Hay/Alfalfa fields, only choice prematurely cull their herds and send to market before mother cows could have their calves. Two weeks ago as ranchers began bring their cattle to be processed, the processing plants offered them 2.5 X today's market (in advance, a check today) for next year's cattle. At today's high meat prices, imagine two and a half times higher prices, guaranteed to Americans next year.
Why are experts warning of gas and diesel Shortages by 1st, 2nd quarter of 2024? Tip....not because of Putin, Russia is exporting record amounts.
Wallstreet experts calling (predicting) $150+++-$200 per barrel of light sweet crude, investors buying up futures at highest levels in history. Any thoughts what this will do to food prices?
What about the thousands of businesses/corporations laying off , closing down locations, over 300 bank branches closed this year alone. Didn't you hear?
Over 60 million under employed? Yes there are lots of help wanted signs, but rent/mortage/food/insurance/fuel/clothing, are impossible at even $25, ie; the reason the highest percentage of adult children (many with children) are living with their adult parents, at quintripple historic rates.
Commercial real-estate bubble is popping, no reversing
Residential real-estate market has begun popping
Bank failures increasing and the big three in major trouble holding historic bond losses, due to rapid (bad policy) rate increases.
Due to rate increases, interest on government debt +/- a trillion dollars, yet our corruption in government (Left & Right) keep increasing debt by tens to hundreds of billions Per-Month...moody announced a downgrade imminent, because our government will not be able to make interest only payments.
Foodbanks across the nation closing doors on daily access, turning to once per week or every other week because the number of people lining up for food has increased 10-100 X, depending on locations (in city or rural)
Do you know what's driving the stock market? Greed.... it's musical chairs, except there will be only the lucky and the greedy that find a chair, millions will be wiped out. Have you listened to the half dozen experts that predicted the last 50 year market crashes with 100% accuracy? I'm going out on a limb you haven't, but should. They agree with Jamie Diamond CEO of Bank of America, that gold will surpass $3,000 an ounce, some say $5,000. Why? Because gold for thousands of years value has been directly valued by debt and the last 15 years both gold and silver artificially depressed (manipulated) all while banks and governments globally have and are buying in record amounts (measured in tons)
Highest number of jobs created? The actual government numbers speak a different story, with historic loss of full time jobs (high paying or living standard income) and historic part-time jobs. Understand? Americans getting 2nd, 3rd part-time job and government counts one person with 3 part-time jobs, as three people getting jobs. Actual job numbers of full time=historical low and one person multiple jobs=historic high
Mc Donald's advertised the Big Mac, Frys and drink value meal for $16 ?
My wife, two friends, self, 4 buyers, frys and drink value meal cost $64$
I won't insult you, name call or typical political h**e.
Biden did not get us here, nor did Trump, they are contributing factors and Biden isn't solely responsible for sending us off the economic cliff, Biden is just getting us there at a faster pace.
I recommend an economic site, with extremely high predictive accuracy and true economic numbers
Shadowstats.com