September 04, 2023
The lunacy of Bidenomics:
U.S. deficit explodes even as economy grows.
A strong economy usually reduces the deficit. Not this time.
Deficits increasing.
Interest rates increasing.
Tax receipts decreasing.
Yet the DEBT:GDP ratio is every bit as high as it was at the end of WWII.
Another global war would crater our currency similar to the fate of the Dutch Guilder and the British Pound
Sterling.
This illustrates quite plainly our economy is a mirage. We are not prospering, only staying afloat via currency manipulation and fake numbers.
.
It's a Potemkin Village. A great looking mask with no head behind it.
Posted by: Timothy Birdnow at
09:46 AM
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