re: US officially enters recession - GDP contracted by 0.9% in Q2.

quote:

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It was an amazing lesson in social engineering. People who claim that there’s no way they can be manipulated were so easily ready to lock themselves and family up for months. And they still can’t admit it.

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Social engineering to be sure, but people were initially led to believe that the mortality rate was MUCH higher.

That is natural human instinct of self-preservation.

I blame China and Fauci/NIH first and foremost for modifying the virus in the first place, and the Democrats and their lapdog media for their political exploitation of the situation.

In hindsight sure Trump could have done better, but he was essentially lame-ducked by much of the media and the people who soak it up.
He didn’t stand a chance against the ministry of Science + Democrats + Media.

And now our economy and our country is about to suffer for it.

The M1 money supply was diluted by 375%. Think about the long term effects of this. Real true inflation (not what the Fed says) seems to be what, 20-30% thus far?

We may have a ways to go.

Pain via inflation or pain via necessary deflationary correction(increasing interest rates that will also hurt economy). Plus lots of ghost value in the stock market even after the haircuts recently.

Would love to be wrong. Can someone explain how my reasoning is faulty?