Recession Is Overdue By 4.5 Years, Here's How To Prepare

Today they were talking about the short-term yields are higher than the long-term yields on the US bond market. The market is scared to death. The mainstream media will try to blame President Trump for some of this but there are a lot of variables involved and the economy is cyclical. When I was in high school, Iran just had a civil war and cut off the oil to the world. The price of gas doubled in a very short time. Canadian and United States oil production was way down. I don't think we had a strategic oil reserve yet at the time. We had odd and even license plate gasoline purchase days and the most we could buy was 8 gallons or 32 litres. Interest rates were at 18% and savings accounts paid 10%. We had serious inflation and I remember the economy was not doing very well. We may have a recession by summer or fall of next year but the federal government is going to try its best to minimize the impact. Whites and minorities have the lowest unemployment of 3.9% in the USA. That is the lowest since the 1960s during the Vietnam War when we had a hundred thousand men and women serving in Southeast Asia. The media will try to portray it worse than it really is because all they care about is ratings and bringing in the Progressive narrative so they making up people worry when, at this point, there is nothing to fear but fear itself! Yes, that is quoting from FDR.

It surprises me that you have Progressive talk show host and Democrats who are wishing for severe economic hardship to the Everyman just so they can win the White House back. Progressive Democrats have to remember that it was there 8 years under President Barack Obama and issues with Benghazi, Hillary Clinton and her private server Scandal, the Iran nuke deal and other issues that made President Trump get elected by people voting for a protest populist president. You can't blame the Russians, you can't blame Fox News, you can't blame neo-nazis, you can't blame the Christian right, but you can blame yourselves! I did not like seeing people out of work during the.com bubble, I didn't like seeing people from Enron being laid off by the tens of thousands, I don't like seeing factories shut down and people out of work. Nobody should wish for high unemployment and a deep recession. Easy for the Progressive Talk Show and news reporters to say when they make easily hundreds of thousands of dollars a year Well people like me make less than $80,000 Canadian a year! Shame on those who wish for a deep recession!