Steve Cortes: “If we can claw our way back to stagflation we may avoid a 2nd…..

Great Depression.”

Some will say Cortes is simply fear mongering but if you’re a listener of the War Room you know Cortes is a very astute observer of economic and financial trends.

Between Cortes, Peter Navarro and Steve Bannon…these three have been spot on with their predictions of the current equity market and economic meltdown …that is only in the 3rd inning.

Bannon was warning in the spring/summer of 2020 there would be a significant price to pay for Trump’s questionable Covid19 multi trillion dollar spending spree. Bannon conceded early in the pandemic, with all the uncertainties of Covid19 it was understandable why the US was exercising extra caution…..however things changed in a radical fashion due to a rigged election.

Once Whispering Joe was installed as president all three War Room regulars shifted from slow economic recovery to impending recession…..the way things are trending we may all be hoping it’s only a recession….Cortes believes there’s a real possibility of a economic depression that will rival the Great Depression. Cortes went on to explain it was clear institutional investment companies knew there was shaky economic ground ahead and it was highlighted by Black Rock’s purchasing residential real estate worth tens of billions over the past several years. All three men agree the only strategy the current illegitimate and incompetent regime has is to print trillions more of fiat money. I guess Einstein’s famous saying of doing the same thing and expecting a different outcome is alive and well in Biden’s administration….wait..,,maybe they don’t expect a different outcome.