New! Don't miss this:
Former Blackrock manager Ed Dowd and Brighteon's Mike Adams discuss the devastating economic consequences of vaccine injuries, disabilities and deaths.
Even the most conservative methodology used is jaw-dropping.
If the FED doesn't factor this “elephant in the room” in soon, they are on course to break something major in the economy:
Labor is tight because of shrinking and disabled labor force, NOT demand growth which could feed inflation. The number of unemployment claims needs to be calculated against a much smaller available workforce. In other words, REAL unemployment (of those available to work) is MUCH higher than traditional of Hence more FED tightening could be a fatal economic mistake compounding the vax damage
To quote Ed: “The current Fed funds rate is far too high for the economy to support. I expect that the current potential(real)growth for the US economy is,at a maximum,around 1% due to the fact that unemployment ratesare at record lowlevels, so growth must rely on productivitygainsand demographicchanges. As long-term productivity growth rates are about 1% or less, and the workforce growth rate has stagnated ….
“We estimate that the rise in disabilities since 20213amounted to 0.93% of the 16-64 year-old workforce.Furthermore, missed worktime rates increased by0.7%from 2019to 2022, a 50% increase.From these data points we estimate that the current 3.6% unemployment rate is in fact equivalent of a rate 2.6% as thelost of productivity of disabled individuals and missed worktime needs to be replaced. This means that it is likely that the coming recession could be associated with low unemployment rates. “
“We could have a period of negative real GDP with conditions where the labour market is tight. This would add to pressure on wages and therefore for the Fed to continue pursuing a tight monetary policy. There could be a disconnect between the financial markets (that are backed by the Fed) and the real economy, which will likely be favourable to larger institutions witheasy access to financing, at the detriment of smaller corporations..”
Listen!!! Click link below:
https://www.brighteon.com/3a2a
Bonus memeage:
Reminder:
Tax time is one week away. Don't be THIS guy!
Entertaining as ever! And thanks for sharing Ed Dowd's and Mike Adam's interview about our situation that most Americans have a "Head in the Sand" method of coping.
Can we trust Ed? Didn't Malone bring him in? This is from a year and a half ago but holy crap does it pin Malone is being a total intelligence asset. https://open.substack.com/pub/palexander/p/diana-west-examines-statements-by?utm_source=share&utm_medium=android