Stealing an Election and Then Crashing the Economy Might Not Turn Out So Well
A Deutsche Bank report includes a ‘Dire Warning’ for the US Economy after inflation reached highs not seen in 40 years.
We reported earlier this week on the massive increase in inflation in April.
Now foreign banks are warning about the US economy. Deutch Bank has some warnings for the world about the US economy:
Deutsche Bank has issued a stark warning on inflation, after consumer prices in the U.S. rose at a faster rate in May than any time since the Great Recession.
In its report Thursday, the government said that overall consumer prices rose 0.6 percent in May, bringing the annual inflation rate to 5 percent, the highest level since August 2008.
Core inflation, which excludes volatile energy and food costs, rose 0.7 percent in May after an even bigger jump in April, and is up 3.8 over the past 12 months, the quickest rate since 1992.
In a report on this week, Deutsche Bank wrote: ‘Rising prices will touch everyone. The effects could be devastating, particularly for the most vulnerable in society.’
‘Few still remember how our societies and economies were threatened by high inflation 50 years ago. The most basic laws of economics, the ones that have stood the test of time over a millennium, have not been suspended,’ the report warned.
The report expressed concerns that huge deficit spending by Congress as well as the Federal Reserve’s loose monetary policy could supercharge inflation rates.
See below from Daily Mail the increase in goods over the past year:
What a mess the crooked Dems have put themselves in. As the world learns about their election steal and as the economy begins to impact everyone negatively they will be more and more hated for their actions. The big question is whether the Democrat Party will remain in existence after all this is uncovered.
#1: DWornock To: Horse (#0)
DWornock posted on 2021-06-13 21:38:59 Reply Private Reply
#2: noone222 To: Horse, DWornock (#0)
DWornock stated: The Democratic party will continue to thrive as long as they can take from the productive and give it to the more numerous non-productive.
Common sense would dictate that these "good" American Taxpayers stop funding the democrat agenda by boycotting the FEDERAL TAX.
No guts is the real problem.
noone222 posted on 2021-06-14 06:25:46 Reply Private Reply
#3: NeoconsNailed To: noone222 (#2)
NeoconsNailed posted on 2021-06-14 06:56:45 Reply Private Reply
#4: DWornock To: noone222 (#2)
Nobody dares because the government would put them in prison or even murder them.
DWornock posted on 2021-06-14 14:31:41 Reply Private Reply
#5: noone222 To: DWornock (#4)
That sounds a lot like the protection racket !
noone222 posted on 2021-06-14 19:45:01 Reply Private Reply
#6: BTP Holdings To: noone222 (#5)
I know a guy that is building .308 rifles in Illinois. I asked him once. "Where did you get the money to start that business?"
He replied, "Good fellas."
He took a loan from the mob. He must have paid them off since he is still healthy and above ground.
He sold the Bearded Bandit an Australian Semi-Auto Pistol (.223) at a gun show. He shot a Palatine cop with it during a traffic stop.
The picture in the Daily Herald newspaper showed a Palatine cop carrying an MP-5 looking for the guy.
When they caught him, he was put in the Federal lock up in the Dirksen Building in downtown Chicago.
A guy I worked with, his Dad was a Deputy U.S. Marshal. He killed the Bearded Bandit on the parking ramp of the Dirksen Building when he was trying to escape.
Crime certainly did not pay for him. ;)
BTP Holdings posted on 2021-06-14 20:32:02 Reply Private Reply
#7: DWornock To: noone222 (#5)
Of course. After all, there is little difference between the government and the mafia except, after they have control of the media, the government is worse, takes more, and wants more control.
DWornock posted on 2021-06-15 21:25:03 Reply Private Reply