This is for Biden lovers. I never have been one. There is an article in Yahoo Finance


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This is for Biden lovers. I never have been one. There is an article in Yahoo Finance [finance.yahoo.com]

The writing is on the wall if you still are in denial:

Joe Biden is shaping up as the next Jimmy Carter.
In the 1970s, Carter had to deal with surging inflation, as Biden does now
Carter faced an energy crisis, triggered abroad, much as Biden is facing now caused by Russia’s invasion of Ukraine
Carter claimed the nation faced a “crisis in confidence,” which is arguably the case under Biden too, It is at the lowest levels on record.
Carter was a one-term president, Biden will most like be one too. Democrats already seem teed up for a drubbing in this year’s midterm elections.

The Fed Chairman Powelll said today that recession is a possibility and the stock market began tanking even after good earnings reports. Brace for another slump economy drag of at least 5 years starting now.

The Feds have begun to prepare for recession. [finance.yahoo.com]