Old 06-28-2019, 01:14 AM   #1
reynolds
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Default "Jew World Order" Predicts New Economic Downturn

The Pain Of This New Economic Downturn Is Starting To Show Up All Over The Country


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It is going to take a miracle for the U.S. economy to pull out of this tailspin, because the economic numbers are really starting to deteriorate very rapidly now.

The New York Fed’s Empire State manufacturing index just suffered the worst one month decline in U.S. history, Morgan Stanley’s Business Conditions Index just suffered the largest one month decline that we have ever seen, global trade numbers are the worst they have been since the last recession, and just last week I detailed the complete and utter “bloodbath” that we are witnessing in the U.S. trucking industry right now. New home sales in the U.S. were down a whopping 7.8 percent during the month of May. Those are absolutely horrible numbers, and this is precisely what a recession looks like.And yet I continue to see some clueless mainstream media reports that insist that the U.S. economy is doing well. FedEx lost nearly 2 billion dollars in the quarter ending May 31st…

Many in the mainstream media continue to speak of “the next recession” as some future event, but when we get the final economic numbers many months from now we may discover that it had already started by now. In fact, one prominent economist recently stated that he believes that “we’re probably already in a recession”And even Federal Reserve Chair Jerome Powell is now admitting that our economic outlook has become “cloudier”. The following comes from ABC News

I find it very interesting that Powell chose the Council on Foreign Relations as the venue for this address. I think that tells us a lot about where Powell’s true loyalties are. The Council on Foreign Relations has dominated the political landscape in Washington for a long time, and this has been true no matter which political party has been in power. Meanwhile, the global trade war continues to intensify, and over 300 companies are literally begging the Trump administration to find a way to end it

Sadly, it isn’t likely that the trade war will end any time soon. In fact, it is probably much more likely that a shooting war will start in the Middle East instead. And if that happens, our current economic problems will dramatically escalate. Perhaps the Federal Reserve will be able to pull another rabbit out of the hat and pull off a miracle once again, but I doubt it. Read more ...
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