“Is Jerome Powell’s Fed Pulling Off a Soft Landing?
It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising win.” NY Times. Having pumped trillions more in debt it was no real surprise that in a Presidential Election year the Times is touting a short term win for Biden and the DEMS!
Longer term the West, led by America is heading for a global depression so what Powell has effectively accomplished is kicking what will be a much harder landing down the road! The patient survived his surgery but is now brain dead and on life support! Western democracies will be replaced by Eastern dictatorships!
And that is all I’m going to say about that!
Drain the Cesspool 