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gab13by13

(31,625 posts)
Mon Dec 15, 2025, 12:05 PM Dec 15

I Only Had Econ 101, But I See Doom & Gloom

Throw your economics books away, I see Krasnov crashing our economy, most likely on orders from Putin.

The rules for the Fed raising and lowering interest rates are not going to work.

Krasnov beat Powell to a pulp until he gave in, Jerome will continue to lower rates but it will have little effect on the economy. Musk and his Doge cyber-punks have demolished our institutions, gutting them and firing employees. AI is doing the same thing, firing millions of people.

Millions of people lost their jobs, millions more will lose their healthcare, fuck the talk about inflation, fuck the talk about stagflation, people better start talking about deflation. The 1% will never keep up with the demand side of economics, they don't shop at Walmart or Wendy's.

Krasnov has one economic goal, to crash the dollar and that is why he has hounded Powell to lower interest rates, when Powell leaves Krasnov's crony replacement will send rates to zero.

Think the dollar will always be the world's currency, think again.

Oh and there is a move already started to have cyber-currency backed by the dollar, what can go wrong there?

The BRIC countries are working on a basket currency to replace the dollar, it's coming and Krasnov will blame Bidenomics and the MSM will back him up. Happy Holidays.

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I Only Had Econ 101, But I See Doom & Gloom (Original Post) gab13by13 Dec 15 OP
It's all just theoretical until it affects you. Jobs are getting Klarkashton Dec 15 #1
Pretty much nails the reality. Irish_Dem Dec 15 #2
This might help.... Paul Krugman Turbineguy Dec 15 #3
To me the most telling thing about the Black Friday numbers: Initech Dec 15 #4
Not sure what you mean about the gold standard genxlib Dec 15 #6
For some reason I thought it ended under Reagan. Initech Dec 15 #7
Something else horrible is coming, gab13by13 Dec 15 #5
Yes, it doesn't take a genius to figure out that.. ananda Dec 15 #8
More SamuelTheThird Dec 15 #9

Klarkashton

(5,034 posts)
1. It's all just theoretical until it affects you. Jobs are getting
Mon Dec 15, 2025, 12:08 PM
Dec 15

Really scarce and prices are up. We are headed for a real mess.

Initech

(107,981 posts)
4. To me the most telling thing about the Black Friday numbers:
Mon Dec 15, 2025, 12:17 PM
Dec 15

Was the staggering number of people who put the things they bought on monthly payment plans or even put things on layaway. That's definitely not a good sign of a healthy economy. That's a sign something horrible is coming.

And the thing is the morons can't have crypto backed by the dollar, because republican assholes got rid of the gold standard 20 years ago. Because they're criminally insane.

Initech

(107,981 posts)
7. For some reason I thought it ended under Reagan.
Mon Dec 15, 2025, 03:55 PM
Dec 15

When the republicans started taking away everything that actually made America great.

gab13by13

(31,625 posts)
5. Something else horrible is coming,
Mon Dec 15, 2025, 12:44 PM
Dec 15

the gutting of Medicare, Medicaid, SNAP, the VA,

Wait until Magats vote in their new healthcare plan, give everyone 2,000 dollars to pay for 10,000 premiums and deuctibles.

The KFF estimated that 50,000 people will die per year with Obamacare gutted. Biden's fault?

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