Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "A Globally Systemic Central Bank Is Hiking Rates In A Recession" video.
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Biden or Trump the outcome is the same. 2019 the recession was on its way before the pandemic, which was just yet another crash due to the instability caused by 2008. And because the global financial system broke then, any supply shock would hurt everybody. It doesn't matter who is in the White House in November, they're not writing the agenda. They're just the front an for a more powerful force influencing outcomes leading from the fact that greed, fear, and folly are driving the economy. The experiment started in the 1980s has failed, and the job of government is to clean up the mess left by the financiers and the corporations, which entails stopping anything that would harm the status quo. Biden is just doing his job. Yellen's on the clock, and so is Powell. Blame is pointless, because unwittingly we've been complicit in bringing on the problems. When real wage growth stalled, the unions were neutered and their place at the table was removed. And workers borrowed to maintain their lifestyles. That left only the government and the money men in charge. And Blue and Red work for the money men. Almost all money they're spending goes to them directly and indirectly, whilst the employees just get more debt. They resgaped your economy to serve their interests, not yours. And they're trying to hold onto their power and get more wealth so they can keep score. It's a small club and ordinary Americans ain't in it. They and their descendants will just have settle the bill.for the folly of their wealthy asset owners.
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