Let’s talk about all the terrible policies that have led us to a place where the economy is in many regards teetering on the edge of a crash that will make Monday’s action on global markets seem like child’s play.
Warren Buffet has been moving billions of dollars into cash for the past few months—he knew this was coming and prepared for it. He is among those who believe what we are seeing is just the beginning of real economic upheaval.
Don’t let the market downturn distract you from several big facts that have led us to this point:
1. Inflation has been at or above 3% for 39 straight months and counting.
2. A record number of Americans are working multiple jobs and still struggling to survive because of the high cost of living.
3. Fully 9% of credit card balances became delinquent over just the last year—almost 1 in 10 credit cards are delinquent as we sit here today.
4. Housing market affordability is near record lows.
5. Mortgage demand is at its lowest levels in 30 years.
6. The average mortgage has gone through the roof and is now $3600 a month.
7. Renters are now paying an average of $1800 a month.
8. The US Dollar has lost 25% of its purchasing power in the last four years. That’s not a soft landing.
We are in for a financial reckoning the likes of which we have not seen in a very long time—I believe it could make 2008 and 2009 look like a walk in the park.
And every single bit of this has a name—Bidenomics—but now we can call it something new: Kamala-Nomics.
And while retirements are being eaten up by inflation and young people cannot afford to buy a house and maybe never will, Kamala has been singing the praises of all the failed policies put into place with her riding shotgun.
Her comprehensive plan included her tie-breaking vote on several pieces of key legislation as the sitting Vice President. She was heavily involved with other big pieces of legislation like the Inflation Reduction Act—and yet inflation remains above three percent. The cost of groceries and gas and the monthly power bill have all gone up but she says she is ready to take control of the American economy.
It is truly frightening. This person has not one clue about what she is doing or what she should do about the economy or anything else.
If elected, God help us, she will rely on the same monetary geniuses that brought us the mess we are in right now. They will demand that more money is printed, that more taxes are raised, and that more people are given government checks. More people are buying into the bizarre idea that you will own nothing and you will be happy. This is the new strange new-age socialist idea being pushed upon us by the World Economic Forum and the puppet masters that gather in places like Davos every year.
And don’t forget that wealthy and successful people are by definition evil and should be punished for doing well for themselves.
It is quite something to witness.
The same people who can watch Keynesian economics fail over and over again and still cling to the idea that somehow if we just continue to print money it will all work out.
It is the definition of insanity and all part of the Democrat Cult that is brainwashing tens of millions of Americans.
The economy doesn’t matter you know—what matters is someone’s gender and race, whether or not they have a skill set to navigate these dangerous times is completely irrelevant.
Identity politics is the key to everything and that’s why the DEI hire is so important. And if that offends you in some way I don’t care because I am not the one that was yelling it from the Mountaintop—that came from such conservative outlets as MSNBC who said she “checks a lot of boxes.”
This is what you get when you base your hiring decisions on something other than people being qualified to do the job—as we have been showing you, Kamala isn’t just unqualified, she is incompetent—and that covers a range of really important topics like where files go when you save them on your computer.
But I digress. I do so to underscore just how far out of her league Kamala is.
How is she going to deal with the blowback and the financial devastation brought on by years of failing socialist policies that she has been casting the tie-breaking vote for when they otherwise would have died quietly without hurting us so much?
Well, now everyone can see what the net result has been and it’s going to get worse. The market sell-off is a sign of things to come.
And this hits real families—the ones that Kamala and the Democrats promised to take care of.
How do you think she is going to perform in a debate with Donald Trump, without notes, a prompter, and anyone there to save her?
As we already know, she is far less effective without a prompter than is senile Joe Biden, and my God that has got to be something that scares the daylights out of the Democrats—it scares me, and I’m fearless.