As another Lame Cherry exclusive in matter anti matter.
I am posting the comments of 12 billionaires, and save for Buffett and JP Morgan lying to not alarm the public, there is going to generate in 2023 AD in the year of our Lord, Stagflation which will make Carter's disaster look not that bad.
The Lame Cherry is not going to alarm you. That is ridiculous to see something bad happening and tell you there is nothing you can do. The experts plugged in now have this narrowed to mid 2023 AD in the year of our Lord. We are already in recession, the Great Obama Depression will appear again next year.
You already survived the plague. You have already survived shortages. You are prepared, so there is nothing out there to fear or be alarmed of. You know the situation and you by God's Grace know how to handle this stuff, what is coming is just going to have you pay more attention to things.
Now do you think the 12 men below are going fetal position and stopping doing what they do? Of course not, that is how rich people make fortunes in they prey on bad economic conditions.
What you need to do, is not be incurring major debt or be out of debt. You should have a budget and you should be focused in not making mistakes, because there is vast opportunity out there.
I realize that I am unique in my life in the Brier. Most of you do not have room for lots of things. I will give you an example though of what I call opportunity. My neighbor runs a salvage operation. Mostly cars. He gets in lots of things that rich farmers just want gone. He has had this huge loose hay rack sitting on a trailer for most of the summer. I asked him in town how much he wants for it. He said 20 dollars.
A hay ring is 350 dollars. I am in the process of getting a hay feeder that I can dump several bales in for 20 dollars. That is great economics and it is the reality that just because other people are in financial problems, does not mean that financial opportunities are not out there.
JYG has a friend, Judas Priest who gets in lots of shit. JYG laments that the kid sells everything he gets in, as he gets in some nice vehicles. People are always in need of money because they are eating expensive take out. That means there are things out there they throw away, because they don't want dead parents things, do not want to do the work for things they got when they put Gram in the nursing home or people just dump shit which is brand new.
There are not just opportunities to make money, but TO SAVE MONEY. That should register with you children and brats. Is not a back up washing machine for 50 bucks better than 700 for a new one which might not be available for awhile in the future?
Every city has people giving things away to haul away or cheap. This is how you are going to deal with things. Oh so you picked up an extra electric range..........gee your tard neighbor's range went down and there are no other stoves..............so you sell tard your range which they need for 500 bucks. Gee that is great investment.
Yes this requires you not sitting on your ass and having the old system rob others for you. What I am telling you is there are opportunities out there coming as the world is full of tards. That is nothing to fear as the billionaires to not fear this stuff, it is to celebrate as you will start finding out once you stop paying the system, that you can get things for free that others discard or at 5000 % less than what you would pay the system.
Gee, imagine a time coming when 20 dollars is buying things that are worth several hundred and a 100 is buying thousands of dollars.
I'm poor due to lack of donations, but each day ahead I get richer, because my buying power increases outside the system or the new old order.
Stop being so fucking fetal position prone and get your eyes and ears open, and start looking for the opportunities God is going to provide you. I am looking forward to this with relish because the real world is moving poor people to having billionaire buying power.
Here are 12 recent recession warnings, lightly edited for length and clarity:
1. Jeff Bezos, Amazon's founder and executive chairman:
"The economy does not look great right now. The probabilities say if we're not in a recession right now, we're likely to be in one very soon."The probabilities in this economy tell you to batten down the hatches."
2. Elon Musk, CEO of Tesla, SpaceX, and Twitter:"There's going to be probably a year or two of serious recession."
"Frankly, the economic picture ahead is dire,
3. Ken Griffin, CEO of Citadel:
I find it hard to believe we're not going to have a recession at that point in time, sometime in the middle to back half of 2023."
4. Charlie Munger, Warren Buffett's business partner and vice-chairman of Berkshire Hathaway:
"I think the Fed is willing to have a little recession in order not to have out-of-control inflation.
5. Carl Icahn, chairman of Icahn Enterprises:
"Whenever you have higher interest rates that have moved as they have here, you have an inverted yield curve, Treasuries at close to a 5% yield — you are going to have a recession. And I think we do have a recession already.
6. Jamie Dimon, CEO of JPMorgan:
"There's a possibility of a mild recession. . And there's a possibility of something worse, mostly because of the war in Ukraine and oil price and all things like that."
7. David Solomon, CEO of Goldman Sachs:
"Generally, when you find yourself in an economic scenario like this, where inflation is embedded, it's very hard to get out of it without a real economic slowdown.
8. Jeff Gundlach, DoubleLine Capital CEO:
"Recession is easily 60% in the next six-to-eight months, and for the year 2023, I'd put it at more like 80%."
9. Leon Cooperman, CEO of Omega Advisors:
"The combination of Fed tightening, quantitative tightening, a strong dollar, and the price of oil will create a recession in the second half of 2023.
10. Greg Jensen, co-CIO of Bridgewater Associates:
"We are expecting a much bigger recession than the markets are expecting. 2023 will likely be the year of a very significant global recession."
11. Nouriel Roubini, NYU Stern economist known as "Dr. Doom":
"History suggests it's going to be near mission impossible to avoid a hard landing. You're going to get not only inflation, not only a recession, but what I call the 'Great Stagflationary Debt Crisis.' So it's much worse than the '70s,
12. Ken Rogoff, Harvard economist:
"You really have to look at the world, which is in bad shape.
Nuff Said
agtG