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Fox hosts forced to grudgingly admit economy booming under Biden (www.msnbc.com)

submitted 9 months ago by MicroWave@lemmy.world to c/politics@lemmy.world

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[-] AlteredStateBlob@kbin.social 3 points 9 months ago

There's still a full on America+China+EU sized market crash boiling under that "booming" surface. I don't know quite how they staved it off with just Credit Suisse and two other banks imploding so far. But it's not done, it's not finished, it hasn't even started.

No idea what backroom deals were done in the financial sector to stop it all for now, but it's still coming. Otherwise corporations wouldn't still be bleeding the plebs dry with cost of living and trying to offset their shitty investments on the CBMS as well as fighting tooth and nail to keep students indebted forever, so the party can keep on rolling.

It's an utter clusterfuck. We'll see what happens in the next few years.

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[-] gun@lemmy.ml 2 points 9 months ago

Great for who? Not me. Not anyone I know. Two of my close friends lost their jobs in the last few months. And tech layoffs out of control due to interest rates. Fuck off with this propaganda

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this post was submitted on 04 Feb 2024

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