“No! No! No! Bear Stearns is fine. Do not take your money out!”
In a normal country, with a functioning meritocracy, anyone who said something like that would no longer be touting stocks on TV. He’d be cleaning your pool, assuming he could learn the skills. pic.twitter.com/EWsHy8CifS
— Tucker Carlson (@TuckerCarlson) December 11, 2021
“People are spending cash in a Roaring 20s style”
Um… does this shit-weasel remember what came after the Roaring 20’s?
The market crashed and there was a great depression.
Hyperinflation of the Weimar Republic led to the collapse of their economy and the rise of Hitler.
We elected a Progressive antisemite (but I repeat myself) who pushed this country into unprecedented areas of centralized presidential power.
There are only two choices here:
One: this guy is so fucking stupid he’s not making the connection and can’t see how we’re heading into a reboot of the beginning of the 20th Century.
Two: this guy doesn’t care that were headed into a economic shit storm because either he’ll weather it just fine or he supports whatever FDR/Hitler comes next.
If you want to know how bad it’s getting, Bloomberg will tell you.
Some of the advice on how to cope with rising inflation includes: Spend your paycheck right away https://t.co/7iWXqA0Pl2
— Bloomberg (@business) December 12, 2021
Yeah, that’s Weimar Republic/Zimbabwe/Venezuela type shot right there.
Spend you money now before it loses its value.
If that does tell you how close we are to hyperinflation than nothing will.
If history is repeating itself and Biden is a Herbert Hoover, who is going to be our FDR?
This is bad.