TLDW- I wouldn’t believe anyone who’s going to pre-blame Biden for next summers planned recession/depression anyway.

The people who will be in charge like Elon and Trump say their plans will likely cause a depression next summer….believe them.
If they deport 10% what they say they will, it will cause a depression, and explode the debt.
If they enact the tariffs they say they will, it will cause a depression and a trade war.
If they end the ACA without a replacement (but we have a concept of a plan for thinking about a replacement…in two weeks) it will cause a depression and public health crisis.

Markets rode consistent record highs under Biden. America decided it was tired of winning.

From Zero hedge article.


"They Just Got Handed Fraudulent Books" - Ed Dowd Confirms Our Warning That Trump Is 'Inheriting A Turd Of An Economy'

Former Wall Street money manager Ed Dowd is a skillful financial analyst who said in May the economy was skidding. Now, Dowd predicts the economy is poised to “roll over” and soon.

"I have never seen such blatant manipulation of government statistics.

There is government spending and government hiring to paper over what is truly a bad economy for the average man. When I was asked prior to the election who do you think will win the election, I said Trump has already won, according to the economic statistics. That’s why he won. Bobby Kennedy helped along with Elon Musk, Joe Rogan, lots of people switching and what have you. What really got Trump in was the economy, the real economy, not the stock market.

It was not the ‘everything is hunky-dory’ pablum from the mainstream media.

The real economy has been rolling over, and we are just waiting for the financial markets to figure this out.

When they do, Trump is going to inherit a turd of a financial market crisis.

Government statistics will be updated, and it will show we started a recession sometime this year...

https://www.zerohedge.com/political/they-just-got-handed-fraudulent-books-ed-dowd-warns-trump-inheriting-turd-economy

You cite well known and untrustworthy, alarmist, constant crash predicting, conspiracy theory spreading, alt right, Russian propaganda outlet Zero Hedge as your best source!?! 😂😂😂
Must be true then, no need to look into it further.

“ We rate ZeroHedge an extreme right-biased conspiracy website based on the promotion of false/misleading/debunked information that routinely denigrates the left.” - media bias fact-check
“ US intelligence officials on Tuesday accused a conservative financial news website with a significant American readership, Zero Hedge, of amplifying Kremlin propaganda.” - Bloomberg
“Ad Fontes Media rates ZeroHedge in the Strong Right category of bias and as Unreliable, Problematic in terms of reliability.” - Ad Fontes Media
“Wallace-Wells observed that the site demonstrated a pro-Russia bias, stating the site had a "pointed" Russophilia.” - Wikipedia

You are such a willing liar….I don’t believe you actually believe 10% of what you post. How much has Russia paid you this year for your nonsense?

It’s hilarious you still spout the “these numbers will be revised” stupidity despite all the revisions this summer being revised UP…BETTER numbers in reality than those you said were fake, fantastical, pie in the sky dreams. The economy is booming by every measure, and a real boom, not some fake phantom on paper only boom, you just need an excuse for when Dumb Donny crashes it by springtime and are willing to believe any idiocy that will support that need. Didn’t you say just a month ago something stupid like 100% of new jobs created went to undocumented aliens? Now you want to try the stupid lie that they are 100% fake government jobs created solely to fake the numbers!?! 😂
Have you heard you?

You are partly correct, when he gets into office, the numbers will have already plummeted….
…plummeted because businesses are reeling from the implications of his stated plans (like up to 200% tariffs, and killing the ACA and putting all healthcare costs back on employers and the resulting loss of work) and have started cutting workforces drastically, stopped hiring, and are halting bonuses and promotions so they can afford to buy all of next years stock before Jan 21 when it will cost significantly more. Others are preparing to close because they work in multiple countries, shipping back and forth during production, and tariffs of any size are going to kill their businesses, so better to get out before they’re forced out and broke.

The major economic downturn started Nov 5th. and is accelerating.

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