The carnage is beginning…

Well…yow, the Philly fed just came out future forecast for economic activity and the carnage to the economy is beginning…it’s survey of future orders fell from an 8.7 positive to a 34.2 negative telling everyone that there is a recession coming and businesses are preparing for it by emptying their inventories and not buying new materials…and this is as low as the depths of the pandemic when the economy just about shut down…so these moron tariffs are going to gut the economy and we can see unemployment of over 10% by the end of summer…thanks you maga assholes…geez…

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>