President Biden and Treasurer and former Federal Reserve Chair Janet Yellen continue to downplay the realization that the United States will soon enter into an official economic recession.

Yellen, along with the rest of the Federal Reserve and mainstream media on both sides of the coins, who continued to perpetuate the narrative that inflation was only “transitory,” “peaking,” and would not be a huge problem for Americans – recently told the media that she was wrong about inflation, and now is saying that it is here to stay.

Nevertheless Yellen recently stated that a recession is not “at all imminent,” according to CNBC.

I expect the economy to slow. It’s been growing at a very rapid rate, as the economy, as the labor market, has recovered and we have reached full employment. It’s natural now that we expect a transition to steady and stable growth, but I don’t think a recession is at all inevitable.

Meanwhile President Biden snapped at a reporter yesterday for asking about recessionary fears, while the President was still enjoying his vacation and taking the day off for Juneteenth.

The reporter said, “Economists are saying a recession is more likely than ever.”

Biden quipped:

Not the majority of them aren’t saying that, c’mon, don’t make things up, ok? Now you sound like a Republican politician.

I’m joking, that was a joke.

All kidding aside, I don’t think it is, I was talking to Larry Summers this morning. There’s nothing inevitable about a recession.

https://www.youtube.com/watch?v=5JALaEPRO9s

Not that long ago Biden boasted about how Americans are earning more and even saving more, and reducing debts, and how everything is booming: “What An Implosion In The Debt Market Would Look Like – And It Isn’t Pretty.”


AUTHOR COMMENTARY

Whoso boasteth himself of a false gift is like clouds and wind without rain.

[16] Thus saith the LORD of hosts, Hearken not unto the words of the prophets that prophesy unto you: they make you vain: they speak a vision of their own heart, and not out of the mouth of the LORD. [17] They say still unto them that despise me, The LORD hath said, Ye shall have peace; and they say unto every one that walketh after the imagination of his own heart, No evil shall come upon you.

Proverbs 25:14; Jeremiah 23:16-17

Our Retard-in-Chief is at again, bullcrapping everyone once more.

The WinePress has warned since the beginning it was created that the economy was toast. I’ve said it before and I’ll say it again, America officially died in 2020, but history books will tell it differently. Regardless, this coming recession on paper is an admittance that the U.S. economy is toast. We are NOT in or have been in a series of recessions: we are in the Greatest Depression ever, and ever since 2008 all we’ve been doing is putting band-aids on bullet holes.

Alternative economists that are of decent ones (namely some of the ones I have cited in different reports) were demonstrating that the economy was collapsing during the Trump era, but practically no one wanted to listen, nor do the masses have an actual understanding as to how an economy works in its most basic forms.

The Media Is Warning Of Another Looming Recession

The Quickest Way To Know The Economy Is Broken Beyond Repair


[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

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4 Comments

  • Everything is just fine and dandy like fruity candy, things are wonderful and getting better, life is all gummy bears, flowers, butterflies, rainbows, lollipops, and picnics in the park.

    Keep tellin yourself that, you ostriches with your heads in the sand.

    By the way, Jeremiah 23:16-17 also apply to the hirelings and false prophets which are in church buildings saying lies like “America is still a godly nation, God will see us through this, God is still blessing America, our foundations were created by God fearing men we can’t be destroyed.”
    And then when least expected, WHAM! The doo doo hits the fan and things fall to pieces!

    • America is neither a godly nor a Christian nation. Neither is any other, all being populated in the majority with unredeemed sinners & willful idolators & pagans turned from truth & without excuse, all being equally deserving of judgment. God, however, always deals first with his own, in chastening; & those who’ve had access to the word of God but refused it: in judgment. The worst thing to be in any time of chastening or judgment is a proud & self-deceived spiritual bastard.

      Birds are a type of unclean things & foul spirits in the Bible: best not to be either an ostrich nor a preening, noisy peacock….nor a cockatrice.

  • 1 thessalonians 5:3
    For when they shall say , Peace and safety; then sudden destruction cometh upon them , as travail upon a woman with child; and they shall not escape.

    They are living in their dream world right now but it will soon be a different outcome than they were expecting. But thank the Lord true Bible believers are not in darkness as verses 4 and 5 of 1 thessalonians chapter 5 says

    4 But ye ,brethren ,are not in darkness, that that day should overtake you as a thief.
    5 Ye are all children of light , and the children of the day :we are not of the night , nor of darkness.

  • One of the definitions of ‘magic’ and ‘sorcery’, as with the priests of Pharoah in Egypt, types of the world antichrist and antichrist system, is to bend, twist, or change reality by some force or power. In this case it’s lying words often repeated & backed up by force, and they are of their father, the devil. Propaganda is of the father of lies. May God deal with them according to his perfect knowledge & will, and God’s people repent & sanctify themselves according to the scriptures in preparation for whatever comes. Devilish, sensual glee in such times is not favorably received of God, but sobriety.

    Isaiah 2:17 And the loftiness of man shall be bowed down, and the haughtiness of men shall be made low: and the LORD alone shall be exalted in that day.

    Isa 22:4 Therefore said I, Look away from me; I will weep bitterly, labour not to comfort me, because of the spoiling of the daughter of my people.
    Isa 22:5 For it is a day of trouble, and of treading down, and of perplexity by the Lord GOD of hosts in the valley of vision, breaking down the walls, and of crying to the mountains.

    Am 5:18 Woe unto you that desire the day of the LORD! to what end is it for you? the day of the LORD is darkness, and not light.
    Am 5:19 As if a man did flee from a lion, and a bear met him; or went into the house, and leaned his hand on the wall, and a serpent bit him.
    Am 5:20 Shall not the day of the LORD be darkness, and not light? even very dark, and no brightness in it?

    Pr 24:16 For a just man falleth seven times, and riseth up again: but the wicked shall fall into mischief.
    Pr 24:17 ¶ Rejoice not when thine enemy falleth, and let not thine heart be glad when he stumbleth:
    Pr 24:18 Lest the LORD see it, and it displease him, and he turn away his wrath from him.
    Pr 24:19 ¶ Fret not thyself because of evil men, neither be thou envious at the wicked;
    Pr 24:20 For there shall be no reward to the evil man; the candle of the wicked shall be put out.
    Pr 24:21 ¶ My son, fear thou the LORD and the king: and meddle not with them that are given to change:
    Pr 24:22 For their calamity shall rise suddenly; and who knoweth the ruin of them both?
    Pr 24:23 ¶ These things also belong to the wise. It is not good to have respect of persons in judgment.
    Pr 24:24 He that saith unto the wicked, Thou art righteous; him shall the people curse, nations shall abhor him:
    Pr 24:25 But to them that rebuke him shall be delight, and a good blessing shall come upon them.
    Pr 24:26 Every man shall kiss his lips that giveth a right answer.
    Pr 24:27 ¶ Prepare thy work without, and make it fit for thyself in the field; and afterwards build thine house.
    Pr 24:28 ¶ Be not a witness against thy neighbour without cause; and deceive not with thy lips.
    Pr 24:29 Say not, I will do so to him as he hath done to me: I will render to the man according to his work
    —————————-
    Romans 12:19 Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.
    —————————-

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