we are in a recession. the economy has been tracking all year real wages are at record lows and at the same time inflation is the highest it s been in a lifetime of most americans. so call it whatever you want, but it is a recession and it is scary. and they are ignoring it. we are gonna spend the next hour and festa getting how exactly this have happened and how to they tank the economy so fast and what is it mean? get to the answers we can speak to people who had actual credibility on economics that does not include our most highly credentialed economists. people who like the public health experts we watch the last 20 half years have thoroughly plowed and discredited themselves. a year ago right about the time he told us that vaccines will absolutely prevent you from getting or transmitting covid joe biden was asked hey what happens if we go into a recession? in response as he does joe biden invoked highly credentialed experts watch this. president biden: you know as econ
Or ninety percent or ten percent all of it goes to the military Industrial Complex sees connected guys to the military none of it goes any way to Health Care System or. A more equitable distribution or economy it like that protects some of the weakest amongst us so why are they not addressing where the actual taxes go if they want to be progressive you know the democrats are the ones remember just at the in the budget when back in august or september trump had asked for liking it to ten percent increase in the pentagons budget and they were like no no no fifteen percent you had to take more so they added like billions that trumpet and even asked for so where thats regressive why what where they now saying like virtue signaling the how progressive and liberal and and how they care about the poor people like what why now and why did they focus all of their media air time on a foreign country over there you know russia they didnt focus on domestic policy nobody even knew about this stuff
Never ending up months in the dow jones while hes been in this first year president well its not hard to explain why please explain x. Guys or you know markets tend to go up and down based on things like the Business Cycle which is tied to Interest Rate cycles tied to global trade imbalances and trade cycles but what weve seen in the last twenty years in america and in the last ten years in particular with Interest Rates near zero effectively the Federal Reserve bank has opened the door to the vault of the s. And p. Five hundred it allowed a few corporations to run him and guerrero all stocks at zero cost to them through Mergers Acquisitions stock buybacks this is what i call america being taken private through a massive leveraged buyout financed by zero percent Interest Rates. So there is no i dont i dont think the world there will ever be a down market in that one were we are leaving the era of a free market capitalist system in america were entering me all feudalism so theyll be a f
Youre watching but unaware. Oh oh so you see what happened there max tuned in to the last episode his hands are in my shot but he tuned into the last episode and what he found was an explanation for why all his big question were missing at. Oh my god why did you do it to me so you know we have another Christmas Present over christmas and that was from donald trump and many people particularly in the markets anyway equity markets and the dow jones and the s. And p. Five hundred they had a very good christmas because techs phoria sparks stock buying panic dow does something it has never ever done before the dow closed at its seventieth record high of the year it has never done that before in its one hundred plus history just so you can see that number down months versus the number of months see down months or in red this is going back to zero about nineteen eighty eight and green is up months donald trump is the only one has had never ending months in the dow jones while hes been in this
And imax kaiser this is the kaiser report the show that seeks to educate inform mesmerize still your crypto walls while your not watchin. While youre watching but unaware. Oh oh so you see what happened there max tuned in to the last episode his hands are in my shot but he tuned into the last episode and what he found was an explanation for why all his big question were missing at. Oh my god why did you do it to me so you know we have another Christmas Present over christmas and that was from donald trump and many people particularly in the markets anyway equity markets and the dow jones and the s. And p. Five hundred they had a very good christmas because techs phoria sparks stock buying panic dow does something it has never ever done before the dow closed at its seventieth record high of the year it has never done that before in its one hundred plus history just so you can see that number down months versus the number of months see down months or in red this is going back to zero abo