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Joe Biden has run this country into the ground financially.
Unfortunately, the worst may not be over just yet.
There are some troubling economic signs that we have not seen in about 90 years.
If you do the math, yes, we are talking about the same economic signals that were present before the Great Depression.
It’s Coming
When Biden came to office, we had stated that his agenda was going to cost us all in our pockets.
His anti-fossil fuels agenda was going to send gasoline prices through the roof.
His immigration policy was going to stretch entitlement programs.
And his spending agenda was going to create a larger deficit and drive this country into more debt.
All three have already come true, but there is more than likely going to be another wave that is far more costly.
Biden has no plans on dialing down his spending, which means interest rates will continue to soar and the government will keep printing money.
There are two more issues that we have to deal with, one of which is worse than the Great Depression.
First, available money is declining in this country.
Contrary to what Joe Biden is saying, people have less money in their bank accounts today than they had three years ago.
The real stinger is that during the Great Depression, consumer goods pricing went down, but it is going up now.
Rent, energy, interest rates for mortgages, groceries, and gasoline are all rising while people’s available money is going down.
The only way to stop this is by curbing government spending, but Biden wants more money, and he has vowed to continue to send aid to Ukraine until that conflict is over.
Dig in, my friends, and start packing up your mattress because a crash is coming.
Source: Fox Business
